HomeMy WebLinkAbout20142808.tiff r C-
I Ski JOHN DEERE Lease Schedule
L�3 FINANCIAL Lease Schedule No. 030-0057622.030
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name&Address) 1150 O ST, ,GREELEY, CO 60631
DEERE CREDIT, INC.
Lessor: 6400 NW 86th ST,PO BOX 6600, JOHNSTON, IA 50131-6600
LEASE TERM
Lease Term Start Date Lease Term End Date *Of Lease Payment "Sales/Use Tax Total Lease Purchase
Payments Payment Option Price
02/24/2015 02/24/2018 36 $1,700.00 $0.00 $1,700.00 5214,767.24
'If part of the regular scheduled lease payment
RENEWAL TERM !vu ��y��a��y�y{�
RCQfA��ry l�I�[r!FDate
a •�+���yl� �' t' LWrr�rllRlq,•y�a y�� ass•
Start Date • EfidDNO IV,WWr4 Leas*Payment'' h:dlonMee
PAYMENT TERMS PAYMENT DUE AT SIGNING
Due Date 1"Payment Due Discount Rate Advance Lease Payment' $1,700.00
Date
24 02/24/2015 Internal Rate of Return minus 2 percent(2%) Origination Fee $0.00
Billing Period Irregular Payments Security Deposit 30.00
El Monthly Total Due At Signing $ 1,700.00
❑Quarterly
O Semi-Annual
O Annual **Advance Lease Payment includes the first(1)and last(0)
O Irregular Lease Payment(s)
'Master Agreement' shall mean the above referenced Master Lease Agreement. "Schedule shall mean this Lease Schedule. "Lease" shall mean this
Schedule and the Master Agreement. All of the terms and conditions set forth in the Master Agreement and any amendment, addendum. schedule or
attachment thereto or hereto including,but not limited to,the Equipment Return Provisions are hereby incorporated into and made a part of this Schedule.
Lease Payments,. You agree to remit the Lease Payments (and applicable sales, use and property taxes) on the dates noted above and all other amounts
when due to: DEERE CREDIT, INC., P.O.Box 4450,Carol Stream,IL 60197-4450.
Hourly Charges. You certify that the hour meter reading on each item of Equipment is accurate as of the date you sign this Schedule. If you use any Equipment
during the Lease Term for more than the Hourly Limit indicated above for that item of Equipment,you will pay to us within 10 days of the Lease Term End Date
(or any earlier termination of the Lease) an amount equal to the Excess Hour Charge for that item of Equipment for each hour in excess of the Hourly Limit. If
the Lease is terminated,cancelled or extended for any reason,the Hourly Limit will be prorated by us in our sole discretion.
Purchase Option. You may purchase the Equipment on the Lease Term End Date(or the Renewal Term End Date)for the applicable Purchase Option Price
(plus applicable Taxes including estimated property taxes). provided (1) you are not in default; and (2) we receive the Purchase Option Price and any other
amounts you owe us on or before the Lease Term End Date(or the Renewal Term End Date). Upon receipt of the Purchase Option Price,we will transfer to you
all of our right title and interest in such item(s)of Equipment AS-IS,WHERE-IS.WITHOUT ANY WARRANTY AS TO CONDITION OR VALUE.
Renewal Term. If(1)a Renewal Term is provided for above,and(2)you notify us at least sixty(60)days prior to the end of the Lease Term that you
intend to renew the Lease for the Renewal Term,the Lease shall renew for the Renewal Term. You agree to remit to us the Renewal Lease Payments
indicated above(plus applicable taxes and other amounts)when due and payable each Billing Period,even if we do not send you a bill or an invoice.
Representations and Warranties. You represent and warrant to us, as of the date you signed this Schedule,that(1)the Equipment was selected by you: (2)
the Equipment (including all manufacturer manuals and instructions) has been delivered to, and examined by. you: (3) the safe operation and the proper
servicing of the Equipment were explained to you; (4) you received the written warranty applicable to the Equipment and understand that your rights under the
written warranty may be limited, (5)the Equipment is unconditionally and irrevocably accepted by you as being suitable for its intended use; (6)the Equipment is
in good condition and repair (operating and otherwise); (7) the Equipment shall be used only for the purpose indicated herein: (8) except as disclosed to us.
neither you nor any person related to you will have an equity interest in the Equipment on the Lease Term Start Date;and(9)all information provided to us by you is
true and correct.
You acknowledge and agree that' (1)we did not select, manufacture or supply any of the Equipment; (2)we acquired the Equipment at your direction; (3)
you selected the supplier of the Equipment, (4)you are entitled to all manufacturer warranties ('Warranty Rights")and we assign all Warranty Rights to you, to
the extent assignable: (5) you may request an accurate and complete statement of the Warranty Rights, including any disclaimers and limitations, directly from
the manufacturer; and (6) you assign to us all your rights (but none of your obligations) under all purchase orders, purchase agreements or similar documents
relating to the Equipment. You waive all rights and remedies conferred upon a lessee under Sections 508—522 of Article 2A of the Uniform Commercial Code.
Lease Payments may be based on the assumption that we will be entitled to certain tax benefits as the owner of the Equipment. If you take or fail to take
any action that results in a loss of such tax benefits,you will pay us,on demand,the amount we calculate as the value of such lost tax benefits.
603/18.41-f
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Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11886021 '�-��' r r2 gO " `R/
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Miscellaneous. You agree that we can access any information regarding the location, maintenance, operation and condition of the Equipment, and you
irrevocably authorize anyone in possession of such information to provide all of that information to us upon our request. You also agree to not disable or
otherwise interfere with any information-gathering or transmission device within or attached to the Equipment. You permit us to monitor and record telephone
conversations between you and us. By providing any telephone number, including a mobile phone number,to us, any of our affiliates or any debt collectors we
retain,we, such affiliates and such retained debt collectors can contact you using that number, including calls using an automatic dialing and announcing device
and prerecorded calls, and that such calls are not"unsolicited" under state or federal law. All of our rights under each Lease shall remain in effect after the
expiration of the Lease Term or termination of the Schedule.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11886021
(Page 7 of 18)
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Lease Schedule— Equipment List
Supplier 4 RIVERS EQUIPMENT,LLC
(Names Address) 685 EAST ENTERPRISE OR.,PUEBLO WEST,CO 81007 Li
EQUIPMENT INFORMATION
Year Make Model Hour Hour Excess Purchase ' 7
Equipment Description Serial Number Meter Limit Hour Payment Option
Charge
1 DW772GPTFF6 2015 JD 772GP MOTOR GRADER 66746 2 2000/YR SSB.30lHR $1,700.00 $214,767.24
•
Equipment 1399 N 17TH AVE,GREELEY,CO,80631 OUTSIDE city limits.1l WELD COUNTY
Location
� l
BY SIGNING THIS SCHEDULE,YOU AGREE TO ALL OF THE TERMS AND CONDITIONS OF THIS SCHEDULE AND THE MASTER AGREEMENT.
WELD COUNTY DEERE CREDIT, INC.
LESSEE 1150O ST LESSOR 6400 NW 861r ST,PO BOX 6600
GREELEY,CO 80631 JOHNSTON,IA 50131-6600
By: _» By:
Mike Freeman, Pro-Tem, Board of Weld
County Commissioners
Date. �} FEB 18 2015 c3 4 �S
Date: (,
RECEIVED
FEB 2'1 2015
DEERE CF(1 L) . INC
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 201] App 11886021 p7t j ?Gi6)
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(Page 8 of 18)
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JOHN DEERE Equipment Return Provisions •�
FINANCIAL Lease Schedule No. 030-0057622-030
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name a Address) 1150 O ST,,GREELEY,CO 80631
DEERE CREDIT,INC.
Lessor: 6400 NW 86'"ST,PO BOX 6600,JOHNSTON,IA 50131-6600
The following Equipment Return Provisions are hereby incorporated into and made a part of the above referenced Master Lease Agreement(the"Master
Agreement"),and entered into between Deere Credit.Inc.,as Lessor("us',"we"or"our"),and WELD COUNTY,as Lessee("you"or"your"). Pursuant to
Section 9 of the Master Lease Agreement,all Equipment must be returned to us in satisfactory condition. Unsatisfactory condition shall include any condition
described in Sections 1 through 4 below("Excessive Wear and Tear").
1. Mechanical.
A. Computer systems or safety and emission control equipment not in proper working order.
B. Mechanical components that are missing, broken or unsafe or that do not operate normally, other than normal tune-ups, given the age of the
equipment.
C. Wear on power train assembly that exceeds manufacturer's then current standards for normal wear and tear.
D. Any air filters not within manufacturer's specifications.
E. Any gauges or fluid indicators that are damaged or do not function,the electrical system fails to operate properly,the battery fails to hold a charge or
any wire harnesses that are not tied down and kept secured,dry and clean.
F. Any pumps, motors, valves or cylinders not in good operating condition or that fail to meet manufacturer's rated specifications or hydraulic system
exceeds manufacturer's then-current contaminant standards (as shown by oil sample analysis). Equipment not serviced according to the
manufacturer's operating manual.
G. Any lubricant,water or A/C seal leaks.
2. Exteriol.
A. Dents larger than 2 inches in diameter.
B. Excessive number of dents or scratches.
C. Any scratch 8"or longer that reaches the metal skin.
D. Any single chip the size of a quarter or larger or multiple small chips within one square foot.
E. Substandard paint repairs,such as peeling,bubbling or mismatched shades that evidence poor condition in comparison with original paint and require
repainting at a cost in excess of$200.
F Rust holes in the body metal or a rust spot that covers more than a 4-inch square area.
G. Any glass that must be replaced due to cracks or missing glass and any windshield damages greater than$50 in amount.
H. All frame damage and substandard frame repairs.
I. Any tires or tracks that(a)have broken side walls or excessive cuts or damages,or(b)have less than 50%of the original useful life remaining,or(c)
are not of the same size,type grade or equivalent quality manufacturer as were originally included on the Equipment.
3. Cab/Operator Platform.
A. Heavy interior soil or strong odors,such as manure,that cannot be removed by general cleaning.
B. Unclean condition of operator environment.
C. Holes,tears,or bums on the dash,floor covers,seats, headliners,upholstery or interior.
4. General.
A. Equipment not operated or maintained in accordance with the manufacturer's specifications or if components,fuels or fluids, on or in connection with
the Equipment that do not meet manufacturer's standards were used.
B. Any other damage that in the aggregate costs$250 or more to repair or that makes the Equipment unlawful or unsafe to operate.
5. Other.
A. All warranty and PIP work must be completed prior to the Lease Term End Date of the Lease Schedule relating to the Equipment.
B. The Equipment must be cleaned prior to its return.
6. Hour Meter. For each item of Equipment returned with a broken or missing hour meter,you shall accept an invoice from us and remit to us an amount
equal to$1,000. You agree that the hour meter Included with the Equipment is conclusive of the number of hours of Equipment use.
7. Invojces for Excess Wear And Tear. Upon any return of the Equipment,we shall,in our sole discretion,determine the existence of any Excessive Wear
and Tear. In the event any item of Equipment is returned to us with Excessive Wear and Tear,you shall,at our sole discretion,either(i)accept an invoice
from us and remit to us the cost of repairing or replacing the affected component(s)which we determine necessary to return the Equipment to its required.
condition,and/or(ii)accept an invoice from us and remit to us an amount equal to our estimate of(1)the cost of new tires or tracks if the tires or tracks are
damaged due to broken side walls or excessive cuts or damage,or(2)the cost of new tires or tracks multiplied by the difference between (A)our estimate
of the percentage of the useful life of the tires and tracks then remaining,and(B)fifty percent(50%). For example,if you return Equipment with tires having
20%of their useful life remaining,you would remit to us an amount equal to 30%of the cost of new tires((50% -20%)multiplied by the cost of new tires).
Your failure to remit the re.uired .a ment to us within ten 10 da s of demand shall constitute a default b ou under the terms of the Lease.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150 O ST LESSOR 6400 NW 861h ST,PO BOX 6600
GREELEY,
CO 80631 JOHNSTON,IA 50131-6600
By: ' { �^-12G By
Mike Freeman, Pro-Tem
BOARD OF WELD COUNTY r-
COMMISSIONERS RECEI`rr I ,
Date: 4 FEB 1 8 2015. 3/
Date: /4//ts-
FEB 27 L0
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 1C1a>�`2 E i Ato(/I I
(Page 9 of 18)
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CI JOHN DEERE Delivery and Acknowledgment
FINANCIAL Lease Schedule No. 030-0057622-030
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name 6 Address) 1150 O ST,,GREELEY,CO 80631
DEERE CREDIT, INC.
Lessor: 6400 NW 66'"ST,PO BOX 6600,JOHNSTON,IA 50131-6600
Capitalized terms shall have the meanings set forth in the above referenced Master Lease Agreement.
Lessee hereby represents and warrants that: (1) all of the Equipment more fully described in the above referenced Lease Schedule was
selected by Lessee; (2) ail of the Equipment and the Operator's Manuals have been delivered to, and received by, Lessee; (3) all of the
Equipment has been inspected by Lessee and is in good working order; (4)all of the Equipment is unconditionally and irrevocably accepted
by Lessee for all purposes under the Lease; (5) the safe operation and the proper servicing of the Equipment have been explained to
Lessee; (6) Lessee received the manufacturer's written warranty applicable to the Equipment and Lessee understands that its rights are
subject to the limitations outlined therein; (7) no Event of Default has occurred and is continuing; and (8) no material adverse change in the
financial or business condition of Lessee has occurred since the date of the last financial statement submitted to Lessor by Lessee.
Signed by Lessee's duly authorized representative on the date shown below.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150 O ST LESS•' 6400 N.W.86"STREET, PO BOX 6600
GREELEY,CO 80631 JOHNSTON,IA501311-6600
By: t"
1 "- ' - By10--4*144 ;
Mike Freeman, Pro—Tem
BOARD OF WELD COUNTY
COMMISSIONERS
Date: up, FEB 1 8 2015 Date:
RECEIVED
FEB 2 7 2015
DEERE CREDIT, INC.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 7013 App 11886021 I/
,2ci 5�`,Z.reX6)
OJOHN DEERE Property Tax Acknowledgment
FINANCIAL Lease Schedule No. 030-0057622-030
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name&Address) 1150 0 ST,,GREELEY,CO 80631
DEERE CREDIT, INC.
Lessor. 6400 NW 86"'ST,PO BOX 6600,J0HNST0N, IA 50131-6600
As Lessor and Owner of the equipment, Deere Credit, Inc. is responsible for filing and paying property tax to the
appropriate taxing authority. Lessee should not report this equipment on their property tax return.
Lessor will bill Lessee for property taxes upon receipt of an assessment from the taxing authority. Lessee will reimburse
Lessor for property taxes upon receipt of an invoice from John Deere Financial. Please refer to section 3 of the Master
Lease Agreement for further information.
The equipment listed on the attached Master Lease Schedule — Equipment List will be reported to the following taxing
jurisdiction(s).
1399 N 17TH AVE vN Check here if OUTSIDE city limits
Street Address
GREELEY CO 80631 WELD
City State Zip County
PLEASE VALIDATE THE ABOVE INFORMATION & MAKE APPLICABLE CHANGES BELOW:
Check here if OUTSIDE city limits
Street Address
City State Zip County
H Check here if Sales/Use Tax Exempt Check here if Property Tax Exempt
Equipment Usage:
Percentage of Time:
The undersigned (the"Lessee")acknowledges that they have verified the equipment location listed above; understands
that the Lessor will file and pay property taxes and that the Lessee is required to reimburse Lessor upon receipt of an
invoice for property taxes. Failure to reimburse Lessor for property taxes shall constitute an Event of Default as described
in Section 10 of the Lease.
WELD COUNTY
1150O ST
ryGRREELEEY,CO 80631
By: is
Mike Freeman, Pro Tem%BOARD OF
WELD COUNTY COMMISSIONERS
Date: * FEB 18 2015
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 152013 App 11886021
J JOHN DEERE Physical Damage/Liability Insurance
FINANCIAL Lease Schedule No. 030-0057622-030
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name&Address) 1150 O ST, ,GREELEY,CO 80631
DEERE CREDIT, INC.
Lessor: 6400 NW 86'h ST,PO BOX 6600,JOHNSTON, IA 50131-6600
LIABILITY INSURANCE on the above referenced Lease Schedule (the "Schedule") to the above referenced Master Lease
Agreement will be provided by the following insurance agency:
Name of Agency: Phone Number of Agency:
County Technical Services, Inc. 303-861-0507
Mailing Address of Agency Fax Number of Agency
800 Grant Street, #400, Denver, CO 80203 303-861-2832
PHYSICAL DAMAGE INSURANCE on the Schedule will be provided by the following agency:
Name of Agency: Phone Number of Agency:
County Technical Services, Inc. 303-861-0507
Mailing Address of Agency Fax Number of Agency
800 Grant Street, #400, Denver, CO 80203 303-861-2832
If an insurance certificate is available, it should be provided in place of the above information
ADDITIONAL INSURED and LOSS PAYEE:
Deere Credit, Inc.
Its Successors &/or Assigns
6400 NW 86th St
Johnston, IA 50131
The undersigned agrees and understands that, pursuant to the provisions of Section 6 of the Master Lease Agreement, the undersigned
must at all times (1) maintain public liability insurance, covering personal injury and property damage for not less than $1,000,000 per
occurrence, naming us (and our successors and assigns) as additional insured; and (2) keep the Equipment insured against all risks of
physical damage for no less than its Termination Value (as such term is defined in Section 7 of the Master Lease Agreement), naming us
and our successors and assigns)as sole loss payee.
WELD COUNTY
LESSEE 11500 ST
GREELEY,CO 80631
By:
Mike Freeman, Pro-Tem
BOARD OF WELD COUNTY
COMMISSIONERS
Date: ♦ FEB 1 $ 2015
Office Use Only
Contact Date(s): Contact Name:
Liability Insurance Company Policy#: Liability Insurance Expiration Date
Liability Limits: Notes:
Physical Damage Insurance Company and Policy# Physical Damage Insurance Expiration Date
Insured Value: Notes:
Loss Payee Deere Credit,Inc.? Verified By:
1 Yes i Will Be Added
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11886021
JOHN DEERE
FINANCIAL. Advance Lease Payment Invoice
Due Date: 02/24/2015
Total Due: $1,700.00
Billing Address: Updated Billing Information:
WELD COUNTY
BARB CONNOLLY
PO BOX 758
GREELEY, CO 80632
Please Note: All future invoices will be sent to the billing address shown unless you update your billing information above.
Master Lease Agreement 0057622
Number
Rental/Tax Security Origination Advance
App# Mfg. Model# Serial Number Due Date Amount Deposit Fee Lease
Payment
11886021 JD 772GP 1DW772GPTFF66 02/24/2015 $1,700.00 $0.00 $0.00 $1,700.00
6746
Correspondence Only: Remit Checks Payable To:
Deere Credit, Inc. Deere Credit, Inc.
Attn: Lease Administration Attn: Acct. Dept.—ALP Processing
PO Box 6600 PO Box 6600
Johnston, IA 50131-6600 Johnston, IA 50131-6600
Phone: (800) 771-0681 —select"lease" prompt"
Fax: (800) 254-0020 Lease issues only
TO ENSURE PROPER CREDIT,STAPLE CHECK AND RETURN THIS INVOICE WITH THE LEASE DOCUMENTS.
STAPLE ADVANCE LEASE PAYMENT CHECK HERE
Every Dishonored Check will result in a fee of$20.00 or an amount not to exceed the highest amount permitted by law.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11886021
John Deere Financial Direct Pay-Recurring Enrollment
For Credit Card accounts and Installment Loans
Fax 800-826-9527
Or Mail: John Deere Financial,Attn: Payment Specialist, PO Box 5327, Madison,WI 53705
Lease
Fax to 800-254-0020
Or Mail: John Deere Financial,Attn: Lease Dept, PO Box 6600, Johnston, IA 50131-6600
Eligibility
Your account with John Deere Financial must be current in order to enroll for the Direct-Pay Recurring payment option.Your account with your financial
institution must allow automatic withdrawals.
How to Enroll
Complete and sign the authorization form below.Please be sure to provide all information requested.
Bank 8 account information,whether it is a saving or checking account. For the typical checking accounts,the account information is located similar to the
sample business or personal checks below:
Saa.p1 P.n*,I Chock Samaria hesimest check
A•aI Rork ..Mw — aU ----Jr ! 7
,,......a•.T. a ut s¢-- ...n
�w .
ffi
rq „
u
vall,1tcrec 4§n+ paw, ₹TR ..._ .-rtx,tn.. ,......1. ...wk..vMlLfigft �Mr P Um}Ym.xr ha'u 1Y u M7,7-%A xi
JOHN DEERE FINANCIAL DIRECT PAY-RECURRING AUTHORIZATION FORM
My signature below authorizes Deere Credit Services, Inc. and its affiliates, (the Company),to initiate debit entries to the
checking/savings account below for the regularly scheduled payments or other amounts that I may owe the Company.This authorization
is to remain in full force and effect until canceled by the Company, or by written notification from me, given in such time and manner as to
allow the Company a reasonable opportunity to act upon it.
If your account is closed due to an Add-On transaction, consolidation or corrected loan agreement and you have Direct Pay-Recurring,
your enrollment and banking information will be transferred to your new account.
030-0057622
Bank Name John Deere Financial Account Number
WELD COUNTY
Bank City&State Name on John Deere Financial Account
Name on Bank Account Social Security Number/Federal Tax ID
9 digit Bank Routing and Transit# Type of Account: n Checking n Savings
I request Direct Pay Recurring to begin with my
Bank Account Number payment due / /
I understand any payment due prior to the month I requested above,must be made in order to be eligible for Direct Pay
Recurring.
Bank Account Owner Signature Date Bank Account Owner Phone Number
Federal/State Agency
and Indian Tribe
Claim for Exemption of
State and Local Sales/Use Tax
Purchaser
Name: WELD COUNTY
Address: 1150 O ST, GREELEY, CO 80631
ID Number (If Applicable):
Seller
Name: Deere Credit Inc.
Address: 6400 NW 86th St. Johnston, IA 50131
Exemption Number (if applicable):
Reason for Exemption: MUNICIPALITY
Description of Item Being Purchased:
2015 JD 772GP MOTOR GRADER 1DW772GPTFF666746
By signing
g below, purchaser ce tifiee///s that the items being purchased are exempt from state and local sales tax.
E.f2 1 /By: jal l �
Title: Can/re 1/er
Date: x11.3,115
Telephone Number: 970 A
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11886021
l! JOHN DEERE Lease Schedule
FINANCIAL Lease Schedule No. 030-0057622-029
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name a Address) 1150 O ST, ,GREELEY,CO 80631
DEERE CREDIT, INC.
Lessor: 6400 NW 86th ST, PO BOX 6600,JOHNSTON, IA 50131-6600
Lease Term Start Date Lease Term End Date Of Lease Payment "Sales/Use Tax Total Lease Purchase
Payments Payment Option Price
02/22/2015 02/22/2018 36 $1,700.00 $0.00 $1,700.00 $214,767.24
*If part of the regular scheduled lease payment
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• •YMENTTE'MS AYMENT eUE •TSIGNING
Due Date Payment Due Discount Rate Advance Lease Payment** $1,700.00
Date
22 02/22/2015 Internal Rate of Return minus 2 percent(2%) Origination Fee $0.00
Billing Period Irregular Payments Security Deposit $0.00
RI Monthly Total Due At Signing $ 1,700.00
❑Quarterly
O Semi-Annual
❑Annual "Advance Lease Payment includes the first(1)and last(0)
❑Irregular Lease Payment(s)
"Master Agreement" shall mean the above referenced Master Lease Agreement. "Schedule" shall mean this Lease Schedule. "Lease" shall mean this
Schedule and the Master Agreement. All of the terms and conditions set forth in the Master Agreement and any amendment, addendum, schedule or
attachment thereto or hereto including,but not limited to,the Equipment Return Provisions are hereby incorporated into and made a part of this Schedule.
Lease Payments. You agree to remit the Lease Payments (and applicable sales, use and property taxes) on the dates noted above and all other amounts
when due to:DEERE CREDIT, INC.,P.O.Box 4450,Carol Stream, IL 60197-4450.
Hourly Charges. You certify that the hour meter reading on each item of Equipment is accurate as of the date you sign this Schedule. If you use any Equipment
during the Lease Term for more than the Hourly Limit indicated above for that item of Equipment, you will pay to us within 10 days of the Lease Term End Date
(or any earlier termination of the Lease)an amount equal to the Excess Hour Charge for that item of Equipment for each hour in excess of the Hourly Limit. If
the Lease is terminated,cancelled or extended for any reason,the Hourly Limit will be prorated by us in our sole discretion.
Purchase Option. You may purchase the Equipment on the Lease Term End Date(or the Renewal Term End Date)for the applicable Purchase Option Price
(plus applicable Taxes including estimated property taxes), provided (1) you are not in default; and (2) we receive the Purchase Option Price and any other
amounts you owe us on or before the Lease Term End Date(or the Renewal Term End Date). Upon receipt of the Purchase Option Price,we will transfer to you
all of our right,title and interest in such item(s)of Equipment AS-IS,WHERE-IS,WITHOUT ANY WARRANTY AS TO CONDITION OR VALUE.
Renewal Term. If(1)a Renewal Term is provided for above,and(2)you notify us at least sixty(60)days prior to the end of the Lease Term that you
intend to renew the Lease for the Renewal Term,the Lease shall renew for the Renewal Term. You agree to remit to us the Renewal Lease Payments
indicated above(plus applicable taxes and other amounts)when due and payable each Billing Period,even if we do not send you a bill or an invoice.
Representations and Warranties. You represent and warrant to us, as of the date you signed this Schedule,that(1)the Equipment was selected by you; (2)
the Equipment (including all manufacturer manuals and instructions) has been delivered to, and examined by, you; (3) the safe operation and the proper
servicing of the Equipment were explained to you; (4)you received the written warranty applicable to the Equipment and understand that your rights under the
written warranty may be limited; (5)the Equipment is unconditionally and irrevocably accepted by you as being suitable for its intended use; (6)the Equipment is
in good condition and repair (operating and otherwise); (7) the Equipment shall be used only for the purpose indicated herein; (8) except as disclosed to us,
neither you nor any person related to you will have an equity interest in the Equipment on the Lease Term Start Date; and(9)all information provided to us by you is
true and correct.
You acknowledge and agree that: (1)we did not select, manufacture or supply any of the Equipment; (2)we acquired the Equipment at your direction; (3)
you selected the supplier of the Equipment; (4)you are entitled to all manufacturer warranties('Warranty Rights") and we assign all Warranty Rights to you,to
the extent assignable; (5)you may request an accurate and complete statement of the Warranty Rights, including any disclaimers and limitations, directly from
the manufacturer; and (6)you assign to us all your rights(but none of your obligations) under all purchase orders, purchase agreements or similar documents
relating to the Equipment. You waive all rights and remedies conferred upon a lessee under Sections 508—522 of Article 2A of the Uniform Commercial Code.
Lease Payments may be based on the assumption that we will be entitled to certain tax benefits as the owner of the Equipment. If you take or fail to take
any action that results in a loss of such tax benefits,you will pay us,on demand,the amount we calculate as the value of such lost tax benefits.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885994 L26./ 07.4-(.rY(u">
Miscellaneous. You agree that we can access any information regarding the location, maintenance, operation and condition of the Equipment, and you
irrevocably authorize anyone in possession of such information to provide all of that information to us upon our request. You also agree to not disable or
otherwise interfere with any information-gathering or transmission device within or attached to the Equipment. You permit us to monitor and record telephone
conversations between you and us. By providing any telephone number, including a mobile phone number,to us,any of our affiliates or any debt collectors we
retain,we,such affiliates and such retained debt collectors can contact you using that number, including calls using an automatic dialing and announcing device
and prerecorded calls, and that such calls are not"unsolicited" under state or federal law. All of our rights under each Lease shall remain in effect after the
expiration of the Lease Term or termination of the Schedule.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885994
(Page 7 of 18)
1..)
Lease Schedule — Equipment List
Supplier 4 RIVERS EQUIPMENT,LLC
(Nome s Address 685 EAST ENTERPRISE DR.,PUEBLO WEST,CO 81007
EQUIPMENT INFORMATION
Year Make Model Hour Hour Excess Purchase .
Equipment Description Serial Number Meter Limit Hour Payment Option
Charge
2015 JO 772GP MOTOR GRADER 1DW772GPHFF6 2 2000/YR $58.30/HR
66709 $1,700.00 $214,767.24
_ f
•
ELoca
quipment 1399 N 17TH AVE,GREELEY,CO,80631 OUTSIDE city limits:a WELD COUNTY
BY SIGNING THIS SCHEDULE,YOU AGREE TO ALL OF THE TERMS AND CONDITIONS OF THIS SCHEDULE AND THE MASTER AGREEMENT.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150 0 ST LESSOR 6400 NW 86"ST, PO BOX 6600
GREELEY,
JOHNSTON,
IA 50131-6600
y
By: r (Q 1 -�'� Jr1 --- D2 _ By.
Mike Freeman, Pro-Tem
BOARD OF WELD COUNTY
COMMISSIONERS
Date: y FEB 1 8 2015 Date: 3/ 11 c
RECEIVED
FEB 2'r 2015
CREp
DEERE 1T,1NC
Universal Governmentei MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885994 c...1_O/ c28-0,5)(4 )
(Page 8 of 18)
tJ
JOHN DEERE Equipment Return Provisions
FINANCIAL 'Lease Schedule No. 030-0057622-029
Master Lease Agreement No. 0057622 -r°
Lessee: WELD COUNTY
(Name a Address) 1150 O ST,,GREELEY,CO 80631
DEERE CREDIT,INC.
Lessor: 6400 NW 86th ST,PO BOX 6600,JOHNSTON,IA 50131-6600
The following Equipment Return Provisions are hereby incorporated into and made a part of the above referenced Master Lease Agreement(the"Master
Agreement"),and entered into between Deere Credit,Inc.,as Lessor("us","we"or"our"),and WELD COUNTY,as Lessee Cyou"or"your"). Pursuant to
Section 9 of the Master Lease Agreement,all Equipment must be returned to us in satisfactory condition. Unsatisfactory condition shall include any condition
described in Sections 1 through 4 below("Excessive Wear and Tear").
1. Mechanical.
A. Computer systems or safety and emission control equipment not in proper working order.
B. Mechanical components that are missing, broken or unsafe or that do not operate normally, other than normal tune-ups, given the age of the
equipment.
C. Wear on power train assembly that exceeds manufacturer's then current standards for normal wear and tear.
D. Any air filters not within manufacturer's specifications.
E. Any gauges or fluid indicators that are damaged or do not function,the electrical system fails to operate properly,the battery fails to hold a charge or
any wire harnesses that are not tied down and kept secured,dry and clean.
F. Any pumps, motors, valves or cylinders not in good operating condition or that fail to meet manufacturer's rated specifications or hydraulic system
exceeds manufacturer's then-current contaminant standards (as shown by oil sample analysis) Equipment not serviced according to the
manufacturer's operating manual.
G. Any lubricant,water or A/C seal leaks.
2. Txterior.
A. Dents larger than 2 inches in diameter.
B. Excessive number of dents or scratches.
C. Any scratch 8"or longer that reaches the metal skin.
D. Any single chip the size of a quarter or larger or multiple small chips within one square foot.
E. Substandard paint repairs,such as peeling,bubbling or mismatched shades that evidence poor condition in comparison with original paint and require
repainting at a cost in excess of$200.
F. Rust holes in the body metal or a rust spot that covers more than a 4-inch square area,
G. Any glass that must be replaced due to cracks or missing glass and any windshield damages greater than$50 in amount.
H. All frame damage and substandard frame repairs.
I. Any tires or tracks that(a)have broken side walls or excessive cuts or damages,or(b)have less than 50%of the original useful life remaining,or(c)
are not of the same size,type grade or equivalent quality manufacturer as were originally included on the Equipment.
3. CablOperator Platform.
A. Heavy interior soil or strong odors,such as manure,that cannot be removed by general cleaning.
B. Unclean condition of operator environment.
C. Holes,tears,or burns on the dash,floor covers,seats.headliners,upholstery or interior.
4. General.
A. Equipment not operated or maintained in accordance with the manufacturer's specifications or if components,fuels or fluids, on or in connection with
the Equipment that do not meet manufacturer's standards were used.
B. Any other damage that in the aggregate costs$250 or more to repair or that makes the Equipment unlawful or unsafe to operate.
5. Other.
A. All warranty and PIP work must be completed prior to the Lease Term End Date of the Lease Schedule relating to the Equipment.
B. The Equipment must be cleaned prior to its return.
6. Hour Meter. For each item of Equipment returned with a broken or missing hour meter,you shall accept an invoice from us and remit to us an amount
equal to$1,000. You agree that the hour meter included with the Equipment is conclusive of the number of hours of Equipment use.
7. Invoices for Excess Wear And Tear. Upon any return of the Equipment,we shall,in our sole discretion,determine the existence of any Excessive Wear
and Tear. In the event any item of Equipment is returned to us with Excessive Wear and Tear,you shall,at our sole discretion,either(i)accept an invoice
from us and remit to us the cost of repairing or replacing the affected component(s)which we determine necessary to return the Equipment to its required
condition,and/or(ii)accept an invoice from us and remit to us an amount equal to our estimate of(1)the cost of new tires or tracks if the tires or tracks are
damaged due to broken side walls or excessive cuts or damage,or(2)the cost of new tires or tracks multiplied by the difference between (A)our estimate
of the percentage of the useful life of the tires and tracks then remaining,and(B)fifty percent(50%). For example,if you return Equipment with tires having
20%of their useful life remaining,you would remit to us an amount equal to 30%of the cost of new tires((50%-20%)multiplied by the cost of new tires).
Your failure to remit the re•uired .a ment to us within ten 10 da s of demand shall constitute a default b ou under the terms of the Lease.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150O ST LESSOR 6400 NW 86`"ST,PO BOX 6600
GREELEY,CO 80631 JOHNSTON,IA 50131-6600 {y rakaBy. _ By:
Mike Freeman, Pro—Tem
BOARD OF WELD COUNTY FEB 2 1315
COMMISSIONERS
Date: Al FEB 18 2015 Date: A/R//,� „nrir
Universal Govemmentai MLA Operating Lease Stated Purchase Option Nov 15 2011 App 11885994
c71-0/ cs-or()
(Page 9 of 18)
JOHN DEERE Delivery and Acknowledgment
FINANCIAL Lease Schedule No. 030-0057622-029
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name&Address) 1150 O ST,,GREELEY,CO 80631
Lessor: DEERE CREDIT, INC.
6400 NW 86th ST,PO BOX 6600,JOHNSTON,IA 50131-6600
Capitalized terms shall have the meanings set forth in the above referenced Master Lease Agreement.
Lessee hereby represents and warrants that: (1) all of the Equipment more fully described in the above referenced Lease Schedule was
selected by Lessee; (2) all of the Equipment and the Operator's Manuals have been delivered to, and received by, Lessee; (3) all of the
Equipment has been inspected by Lessee and is in good working order;(4)all of the Equipment is unconditionally and irrevocably accepted
by Lessee for all purposes under the Lease; (5) the safe operation and the proper servicing of the Equipment have been explained to
Lessee; (6) Lessee received the manufacturer's written warranty applicable to the Equipment and Lessee understands that its rights are
subject to the limitations outlined therein; (7)no Event of Default has occurred and is continuing;and(8)no material adverse change in the
financial or business condition of Lessee has occurred since the date of the last financial statement submitted to Lessor by Lessee.
Signed by Lessee's duly authorized representative on the date shown below.
WELD COUNTY DEERE CREDIT, INC.
LESSEE 1150 O ST LESSOR 6400 N.W.86'"STREET,PO BOX 6600
GREELEY,CO 80631 JOHNSTON,IA 50131-6600
By: - By:
Mike Freeman,. Pro-Tem
BOARD OF WELD COUNTY
COMMISSIONERS
Date: .L. FEB 1 8 2015 Date: '3/c7/[S
RECE1VEo
FEB 21 215
DEERE CREDIT, INC
Universal Governmental MLA Operating Leese Stated Purchase Option Nov 152013 App 11885994 i✓2O/ a / 1
JOHN DEERE Property Tax Acknowledgment
FINANCIAL Lease Schedule No. 030-0057622-029
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name&Address) 1150 O ST, GREELEY,CO 80631
DEERE CREDIT, INC.
Lessor: 6400 NW 86th ST,PO BOX 6600,JOHNSTON, IA 50131-6600
As Lessor and Owner of the equipment, Deere Credit, Inc. is responsible for filing and paying property tax to the
appropriate taxing authority. Lessee should not report this equipment on their property tax return.
Lessor will bill Lessee for property taxes upon receipt of an assessment from the taxing authority. Lessee will reimburse
Lessor for property taxes upon receipt of an invoice from John Deere Financial. Please refer to section 3 of the Master
Lease Agreement for further information.
The equipment listed on the attached Master Lease Schedule — Equipment List will be reported to the following taxing
jurisdiction(s).
1399 N 17TH AVE V Check here if OUTSIDE city limits
Street Address
GREELEY CO 80631 WELD
City State Zip County
PLEASE VALIDATE THE ABOVE INFORMATION & MAKE APPLICABLE CHANGES BELOW:
Check here if OUTSIDE city limits
Street Address
City State Zip County
Check here if Sales/Use Tax Exempt Check here if Property Tax Exempt
Equipment Usage:
Percentage of Time:
The undersigned (the"Lessee") acknowledges that they have verified the equipment location listed above; understands
that the Lessor will file and pay property taxes and that the Lessee is required to reimburse Lessor upon receipt of an
invoice for property taxes. Failure to reimburse Lessor for property taxes shall constitute an Event of Default as described
in Section 10 of the Lease.
WELD COUNTY
1150O ST
GREELEY,CO 80631
Bv: ra.
Mike Freeman, ProTem, -BOARD OF
ligELD COUNTY LUMMISSIONERS
♦ FEB 1 8 2015
Date:
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885994 ^/ 0(COR
JOHN DEERE Physical Damage/Liability Insurance
FINANCIAL Lease Schedule No. 030-0057622-029
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name&Address) 1150 0 ST, ,GREELEY,CO 80631
DEERE CREDIT, INC.
Lessor: 6400 NW 86th ST, PO BOX 6600,JOHNSTON,IA 50131-6600
LIABILITY INSURANCE on the above referenced Lease Schedule (the "Schedule")to the above referenced Master Lease
Agreement will be provided by the following insurance agency:
Name of Agency: Phone Number of Agency:
County Technical Services, Inc. 303-861-0507
Mailing Address of Agency Fax Number of Agency
800 Grant Street, #400, Denver, CO 80203 303-861-2832
PHYSICAL DAMAGE INSURANCE on the Schedule will be provided by the following agency:
Name of Agency: Phone Number of Agency:
County Technical Services, Inc. 303-861-0507
Mailing Address of Agency Fax Number of Agency
800 Grant Street, #400, Denver, CO 80203 303-861-2832
If an insurance certificate is available, it should be provided in place of the above information
ADDITIONAL INSURED and LOSS PAYEE:
Deere Credit, Inc.
Its Successors &/or Assigns
6400 NW 86th St
Johnston, IA 50131
The undersigned agrees and understands that, pursuant to the provisions of Section 6 of the Master Lease Agreement, the undersigned
must at all times (1) maintain public liability insurance, covering personal injury and property damage for not less than $1,000,000 per
occurrence, naming us (and our successors and assigns) as additional insured; and (2) keep the Equipment insured against all risks of
physical damage for no less than its Termination Value (as such term is defined in Section 7 of the Master Lease Agreement), naming us
and our successors and assigns)as sole loss payee.
WELD COUNTY
LESSEE 11500 ST
.G�REEELEY,CO 80631
By: ♦ J )l.-k c..1'l.P D.
Mike Freeman, Pro-Tem
BOARD OF WELD COUNTY
COMMISSIONERS
Date: ; FEB 1 8 2015
Office Use Only
Contact Date(s): Contact Name:
Liability Insurance Company Policy#: Liability Insurance Expiration Date
Liability Limits: Notes:
Physical Damage Insurance Company and Policy# Physical Damage Insurance Expiration Date
Insured Value: Notes:
Loss Payee Deere Credit,Inc.? Verified By:
Yes rlWill Be Added
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885994
&C/t/ ,2P-S )
JOHN DEERE
FINANCIAL. Advance Lease Payment Invoice
Due Date: 02/22/2015
Total Due: $1,700.00
Billing Address: Updated Billing Information:
WELD COUNTY
BARB CONNOLLY
PO BOX 758
GREELEY, CO 80632
Please Note: All future invoices will be sent to the billing address shown unless you update your billing information above.
Master Lease Agreement 0057622
Number
Rental/Tax Security Origination Advance
App# Mfg. Model# Serial Number Due Date Amount Deposit Fee Lease
Payment
11885994 JD 772GP 1DW772GPHFF6 02/22/2015 $1,700.00 $0.00 $0.00 $1,700.00
66709
Correspondence Only: Remit Checks Payable To:
Deere Credit, Inc. Deere Credit, Inc.
Attn: Lease Administration Attn: Acct. Dept.—ALP Processing
PO Box 6600 PO Box 6600
Johnston, IA 50131-6600 Johnston, IA 50131-6600
Phone: (800) 771-0681 —select"lease" prompt"
Fax: (800) 254-0020 Lease issues only
TO ENSURE PROPER CREDIT,STAPLE CHECK AND RETURN THIS INVOICE WITH THE LEASE DOCUMENTS.
STAPLE ADVANCE LEASE PAYMENT CHECK HERE
Every Dishonored Check will result in a fee of$20.00 or an amount not to exceed the highest amount permitted by law.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885994
John Deere Financial Direct Pay-Recurring Enrollment
For Credit Card accounts and Installment Loans
Fax 800-826-9527
Or Mail: John Deere Financial,Attn: Payment Specialist, PO Box 5327, Madison,WI 53705
Lease
Fax to 800-254-0020
Or Mail: John Deere Financial,Attn: Lease Dept, PO Box 6600, Johnston, IA 50131-6600
Eligibility
Your account with John Deere Financial must be current in order to enroll for the Direct-Pay Recurring payment option.Your account with your financial
institution must allow automatic withdrawals.
How to Enroll
Complete and sign the authorization form below. Please be sure to provide all information requested.
Bank&account information,whether it is a saving or checking account. For the typical checking accounts,the account information is located similar to the
sample business or personal checks below:
Saa.♦la P.e4 a N omit S Sg.�.pM bo ainw,I I heft
'''''="ta"4..""' fip .0 0.,acx /
EE {{{[t .. .. .............., .. ...afclm. r 7Mp..y}v's
i' = 'wt..,' .,.• •
a ar!
.........., {.1.0.1r0
T
Wti.fW huf ft*. •.... s..•r.. ...,..•a.r•
JOHN DEERE FINANCIAL DIRECT PAY-RECURRING AUTHORIZATION FORM
My signature below authorizes Deere Credit Services, Inc. and its affiliates, (the Company),to initiate debit entries to the
checking/savings account below for the regularly scheduled payments or other amounts that I may owe the Company. This authorization
is to remain in full force and effect until canceled by the Company, or by written notification from me,given in such time and manner as to
allow the Company a reasonable opportunity to act upon it.
If your account is closed due to an Add-On transaction, consolidation or corrected loan agreement and you have Direct Pay-Recurring,
your enrollment and banking information will be transferred to your new account.
030-0057622
Bank Name John Deere Financial Account Number
WELD COUNTY
Bank City& State Name on John Deere Financial Account
Name on Bank Account Social Security Number/Federal Tax ID
9 digit Bank Routing and Transit# Type of Account: Checking I-7 Savings
I request Direct Pay Recurring to begin with my
Bank Account Number payment due / /
I understand any payment due prior to the month I requested above, must be made in order to be eligible for Direct Pay
Recurring.
Bank Account Owner Signature Date Bank Account Owner Phone Number
Federal/State Agency
and Indian Tribe
Claim for Exemption of
State and Local Sales/Use Tax
Purchaser
Name: WELD COUNTY
Address: 1150 O ST, GREELEY, CO 80631
ID Number (If Applicable):
Seller
Name: Deere Credit Inc.
Address: 6400 NW 86th St. Johnston, IA 50131
Exemption Number (if applicable):
Reason for Exemption: MUNICIPALITY
Description of Item Being Purchased:
2015 JD 772GP MOTOR GRADER 1DW772GPHFF666709
By signing below, purchaser certifies
ie that the items being purchased are exempt from state and local sales tax.
By: e2jadata. �.i�lyl1Gu:�lQ
Title: C'0nitol/er
Date: x1/31/5
Telephone Number: 970 3a-tt
Universal Governmental MIA Operating Lease Stated Purchase Option Nov 15 2013 App 11885994
(Page 5 of 18)
t..-)
I JOHN DEERE Lease Schedule '
FINANCIAL Lease Schedule No. 030-0057622-028
Master Lease Agreement No. 0057622 t' ' I
Lessee: WELD COUNTY
(Name 8 Address) 1150 O ST,,GREELEY,CO 80631
DEERE CREDIT,INC.
Lessor: 6400 NW 86`"ST,PO BOX 6600,JOHNSTON,IA 50131-6600
Lease Term Start Date Lease Term End Date Of Lease Payment 'Sales/Use Tax Total Lease Purchase
Payments Payment Option Price
02/22/2015 02/22/2018 36 $1,700.00 $0.00 $1,700.00 $214,767.24
'If part of the regular scheduled lease payment
RENEWAL TERM
Renewal Term Renewal Term Renewal Lease Payment Total Renewal Purchase
Start Date End Date #Of Payments Amount SaleelUse Tax Lease Payment Option Price
PAYMENT TERMS PAYMENT DUE AT SIGNING
Due Date 1"Payment Due Discount Rate Advance Lease Payment" $1,700.00
Date
22 02/22/2015 Internal Rate of Return minus 2 percent(2%) Origination Fee $0.00
Billing Period Irregular Payments Security Deposit $0.00
t Monthly Total Due At Signing $ 1,700.00
❑Quarterly
—
❑Semi-Annual
O Annual "Advance Lease Payment includes the first(1)and last(0)
❑Irregular Lease Payment(s)
"Master Agreement"shall mean the above referenced Master Lease Agreement. "Schedule"shall mean this Lease Schedule. "Lease" shall mean this
Schedule and the Master Agreement. All of the terms and conditions set forth in the Master Agreement and any amendment, addendum, schedule or
attachment thereto or hereto including,but not limited to,the Equipment Return Provisions are hereby incorporated into and made a part of this Schedule.
Lease Payments. You agree to remit the Lease Payments (and applicable sales, use and property taxes)on the dates noted above and all other amounts
when due to:DEERE CREDIT,INC.,P.O. Box 4450,Carol Stream,IL 60197-4450.
Hourly Chanties. You certify that the hour meter reading on each item of Equipment is accurate as of the date you sign this Schedule. If you use any Equipment
during the Lease Term for more than the Hourly Limit indicated above for that item of Equipment,you will pay to us within 10 days of the Lease Term End Date
(or any earlier termination of the Lease)an amount equal to the Excess Hour Charge for that item of Equipment for each hour in excess of the Hourly Limit. If
the Lease is terminated,cancelled or extended for any reason,the Hourly Limit will be prorated by us in our sole discretion.
purchase Optiort. You may purchase the Equipment on the Lease Term End Date(or the Renewal Term End Date)for the applicable Purchase Option Price
(plus applicable Taxes including estimated property taxes), provided (1)you are not in default; and (2)we receive the Purchase Option Price and any other
amounts you owe us on or before the Lease Term End Date(or the Renewal Term End Date). Upon receipt of the Purchase Option Price,we will transfer to you
all of our right,title and interest in such item(s)of Equipment AS-IS,WHERE-IS,WITHOUT ANY WARRANTY AS TO CONDITION OR VALUE.
Renewal Terre. If(1)a Renewal Term Is provided for above,and(2)you notify us at least sixty(60)days prior to the end of the Lease Term that you
Intend to renew the Lease for the Renewal Term,the Lease shall renew for the Renewal Term. You agree to remit to us the Renewal Lease Payments
indicated above(plus applicable taxes and other amounts)when due and payable each Billing Period,even if we do not send you a bill or an invoice.
Representations and Warranties. You represent and warrant to us,as of the date you signed this Schedule,that(1)the Equipment was selected by you;(2)
the Equipment (including all manufacturer manuals and instructions) has been delivered to, and examined by, you; (3) the safe operation and the proper
servicing of the Equipment were explained to you; (4)you received the written warranty applicable to the Equipment and understand that your rights under the
written warranty may be limited;(5)the Equipment is unconditionally and Irrevocably accepted by you as being suitable for its Intended use;(6)the Equipment is
in good condition and repair(operating and otherwise); (7)the Equipment shall be used only for the purpose indicated herein; (8)except as disclosed to us,
neither you nor any person related to you will have an equity interest in the Equipment on the Lease Term Start Date;and(9)all information provided to us by you is
true and correct.
You acknowledge and agree that (1)we did not select, manufacture or supply any of the Equipment; (2)we acquired the Equipment at your direction; (3)
you selected the supplier of the Equipment;(4)you are entitled to all manufacturer warranties("Warranty Rights")and we assign all Warranty Rights to you,to
the extent assignable;(5)you may request an accurate and complete statement of the Warranty Rights,including any disclaimers and limitations,directly from
the manufacturer;and(6)you assign to us all your rights(but none of your obligations)under all purchase orders,purchase agreements or similar documents
relating to the Equipment. You waive all rights and remedies conferred upon a lessee under Sections 508—522 of Article 2A of the Uniform Commercial Code.
Lease Payments may be based on the assumption that we will be entitled to certain tax benefits as the owner of the Equippeanturrteke or fail to take t
any action that results in a loss of such tax benefits,you will pay us,on demand,the amount we calculate as the value of such itAlailX MP
FEB 27 2015
DEERE CREDIT,INC.
Unlveraaf Governmental MLA Operating t ease Stated Purchase Option Nov 15 2m1 App 11885966 C O/ , ,,,
(Page 6 of 18)
R,)
Miscellaneous, You agree that we can access any information regarding the location, maintenance, operation and condition of the Equipment, and you
irrevocably authorize anyone in possession of such information to provide all of that information to us upon our request. You also agree to not disable or
otherwise interfere with any information-gathering or transmission device within or attached to the Equipment. You permit us to monitor and record telephone.)
conversations between you and us.By providing any telephone number, including a mobile phone number,to us,any of our affiliates or any debt collectors we.l
retain,we,such affiliates and such retained debt collectors can contact you using that number,including calls using an automatic dialing and announcing device
and prerecorded calls, and that such calls are not"unsolicited"under state or federal law. All of our rights under each Lease shall remain in effect after thel
expiration of the Lease Term or termination of the Schedule.
:L)
.Q
-a
RECEIVED
FEB 27 Z015
DEERE CREDIT,INC.
Universal Governmental MLA Oporatlng Lease Stated Purchase Option Nov 15 2013 App 11885966
(Page 7 of 18)
•
pJ
Lease Schedule — Equipment List ^'
Supplier 4 RIVERS EQUIPMENT,LLC
(Nam.a Address) 685 EAST ENTERPRISE DR.,PUEBLO WEST,CO 81007
EQUIPMENT INFORMA ION
xcess
Year Make Model Equipment Description Serial Number Hour Hour EHour Payment Purchase
Meter Limit Charge
Option
2015 JD 772GP MOTOR GRADER 1 DW772GPVFFfi 2 2000/YR $58.30/HR
66740 $1,700.00 $214,767.24
1
Equipment 1399 N 17TH AVE,GREELEY,CO.80631 OUTSIDE city limits:id WELD COUNTY
Location
BY SIGNING THIS SCHEDULE,YOU AGREE TO ALL OF THE TERMS AND CONDITIONS OF THIS SCHEDULE AND THE MASTER AGREEMENT.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150 0 ST LESS.- 6400 NW 86`"ST,PO BOX 6600
GREELEY,� CO 80631 JOHNSTON,IA 50131-6600
By: r d i Y,C By
Mike Freeman,. ProTem
BOARD OF WELD COUNTY
COMMISSIONERS
Date- Er Date:1 8 2015 Date: r //
RECEIVED
FEB 2'1 2415
DEERE CREDIT,INC.
�1
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885966 ,'f O/c/_ D d(4)
(Page 8 of 18)
rJ
JOHN DEERE Equipment Return Provisions
FINANCIAL Lease Schedule No. 030-0057622-028
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name&Address) 1150 O ST..GREELEY.CO 80631
DEERE CREDIT,INC.
Lessor: 6400 NW 86"'ST,PO BOX 6600,JOHNSTON,IA 50131.6600
The following Equipment Return Provisions are hereby incorporated into and made a part of the above referenced Master Lease Agreement(the"Master
Agreement"),and entered Into between Deere Credit,Inc.,as Lessor("us","we"or"our"),and WELD COUNTY,as Lessee("you"or"your"). Pursuant to
Section 9 of the Master Lease Agreement,all Equipment must be returned to us in satisfactory condition. Unsatisfactory condition shall include any condition
described in Sections 1 through 4 below("Excessive Wear and Tear").
1. Mechanical.
A. Computer systems or safety and emission control equipment not in proper working order.
B. Mechanical components that are missing, broken or unsafe or that do not operate normally, other than normal tune-ups, given the age of the
equipment.
C. Wear on power train assembly that exceeds manufacturer's then current standards for normal wear and tear.
D. Any air fitters not within manufacturer's specifications.
E. Any gauges or fluid indicators that are damaged or do not function,the electrical system fails to operate properly,the battery fails to hold a charge or
any wire harnesses that are not tied down and kept secured,dry and clean.
F. Any pumps, motors, valves or cylinders not in good operating condition or that fail to meet manufacturer's rated specifications or hydraulic system
exceeds manufacturers then-current contaminant standards (as shown by oil sample analysis). Equipment not serviced according to the
manufacturer's operating manual.
G. Any lubricant,water or A/C seal leaks.
2. Exterior.
A. Dents larger than 2 inches in diameter.
B. Excessive number of dents or scratches.
C. Any scratch 8"or longer that reaches the metal skin.
D. Any single chip the size of a quarter or larger or multiple small chips within one square foot.
E. Substandard paint repairs,such as peeling,bubbling or mismatched shades that evidence poor condition in comparison with original paint and require
repainting at a cost in excess of$200.
F. Rust holes in the body metal or a rust spot that covers more than a 4-inch square area.
G Any glass that must be replaced due to cracks or missing glass and any windshield damages greater than$50 in amount.
H. All frame damage and substandard frame repairs.
I. Any tires or tracks that(a)have broken side walls or excessive cuts or damages, or(b) have less than 50%of the original useful life remaining,or(c)
are not of the same size,type grade or equivalent quality manufacturer as were originally included on the Equipment.
3. Cab/Operator Platform.
A. Heavy interior soil or strong odors,such as manure,that cannot be removed by general cleaning.
B. Unclean condition of operator environment.
C. Holes,tears,or burns on the dash,floor covers,seats,headliners,upholstery or interior.
4. General.
A. Equipment not operated or maintained in accordance with the manufacturers specifications or if components,fuels or fluids, on or in connection with
the Equipment that do not meet manufacturers standards were used.
B. Any other damage that in the aggregate costs$250 or more to repair or that makes the Equipment unlawful or unsafe to operate.
5. Other.
A. All warranty and PIP work must be completed prior to the Lease Term End Date of the Lease Schedule relating to the Equipment.
B. The Equipment must be cleaned prior to its return.
6. Hour Meter. For each item of Equipment returned with a broken or missing hour meter, you shall accept an invoice from us and remit to us an amount
equal to$1,000. You agree that the hour meter included with the Equipment is conclusive of the number of hours of Equipment use.
7. Invoices for Excess Wear And Tear. Upon any return of the Equipment,we shall,in our sole discretion,determine the existence of any Excessive Wear
and Tear. In the event any item of Equipment is returned to us with Excessive Wear and Tear,you shall,at our sole discretion,either(i)accept an invoice
from us and remit to us the cost of repairing or replacing the affected component(s)which we determine necessary to return the Equipment to its required
condition,and/or(ii)accept an invoice from us and remit to us an amount equal to our estimate of(1)the cost of new tires or tracks if the tires or tracks are
damaged due to broken side walls or excessive cuts or damage,or(2)the cost of new tires or tracks multiplied by the difference between (A)our estimate
of the percentage of the useful life of the tires and tracks then remaining,and(B)fifty percent(50%). For example,if you return Equipment with tires having
20%of their useful life remaining,you would remit to us an amount equal to 30%of the cost of new tires((50%-20%)multiplied by the cost of new tires).
Your failure to remit the re•uired •a ment to us within ten 10 da of demand shall constitute a default b ou under the terms of the Lease.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150 O ST LESSOR 6400 NW 86""ST,PO BOX 6600
GREELEY,
CO 80631 JOHNSTON,IA 50131-6600
By: it By:
Mike Freeman, Pro-Tem
BOARD OF WELD COUNTY
COMMISSIONERS FEB 2i 2015
Date: y FEB 1 8 2015 Date: *9/kr [� � 1 C�1LVlTt INC.
OEt�
Universe'Govemmentst MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885966
a20/ .-
(Page 9 of 18)
JOHN DEERE Delivery and Acknowledgment .n
FINANCIAL
Lease Schedule No. 030.0057622-028
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
)Name a Address) 1150 O ST,,GREELEY,CO 80631
Lessor: DEERE CREDIT, INC.
6400 NW Eie ST, PO BOX 6600,JOHNSTON,IA 50131-6600
Capitalized terms shall have the meanings set forth in the above referenced Master Lease Agreement.
Lessee hereby represents and warrants that: (1) all of the Equipment more fully described in the above referenced Lease Schedule was
selected by Lessee; (2) all of the Equipment and the Operator's Manuals have been delivered to, and received by, Lessee; (3) all of the
Equipment has been inspected by Lessee and is in good working order; (4)all of the Equipment is unconditionally and irrevocably accepted
by Lessee for all purposes under the Lease; (5) the safe operation and the proper servicing of the Equipment have been explained to
Lessee; (6) Lessee received the manufacturer's written warranty applicable to the Equipment and Lessee understands that its rights are
subject to the limitations outlined therein; (7)no Event of Default has occurred and is continuing;and(8) no material adverse change in the
financial or business condition of Lessee has occurred since the date of the last financial statement submitted to Lessor by Lessee.
Signed by Lessee's duly authorized representative on the date shown below.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150 O ST LESSOR 6400 N.W.86`"STREET,PO BOX 6600
GRREEELEYY,,CO 80631 JOHNSTON,IA 50131-6600
By: _+ FD p `^-cw By:
Mike Freeman, Pro-Tem
BOARD OF WELD COUNTY
COMMISSIONERS Date y FEB 1 8 2015 Date: r3/311,5/r3/311,5
RECEIVED
FEB 21 2015
pEERE CREDIT,INC.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 152013 App 11885966 020/' - O20G O0G
(4)
(Page 10 of 18)
f••J a JOHN DEERE Property Tax Acknowledgment
P Y 9
- FINANCIAL Lease Schedule No. 030-0057622-028
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name 8 Address) 1150 O ST,,GREELEY,CO 80631
DEERE CREDIT,INC.
Lessor: 6400 NW 86`"ST,PO BOX 6600,JOHNSTON,IA 50131-6600
As Lessor and Owner of the equipment, Deere Credit, Inc. is responsible for filing and paying property tax to the
appropriate taxing authority. Lessee should not report this equipment on their property tax return.
Lessor will bill Lessee for property taxes upon receipt of an assessment from the taxing authority. Lessee will reimburse
Lessor for property taxes upon receipt of an invoice from John Deere Financial. Please refer to section 3 of the Master
Lease Agreement for further information.
The equipment listed on the attached Master Lease Schedule — Equipment List will be reported to the following taxing
jurisdiction(s).
1399 N 17TH AVE N Check here if OUTSIDE city limits
Street Address
GREELEY CO 80631 WELD
City State Zip County
PLEASE VALIDATE THE ABOVE INFORMATION& MAKE APPLICABLE CHANGES BELOW:
J Check here if OUTSIDE city limits
Street Address
City State Zip County
E Check here if Sales/Use Tax Exempt JI Check here if Property Tax Exempt
Equipment Usage:
Percentage of Time:
The undersigned (the"Lessee")acknowledges that they have verified the equipment location listed above; understands
that the Lessor will file and pay property taxes and that the Lessee is required to reimburse Lessor upon receipt of an •
invoice for property taxes. Failure to reimburse Lessor for property taxes shall constitute an Event of Default as described
in Section 10 of the Lease.
WELD COUNTY
1150OST
ST
GREELEY,CO 80631
By:
Mike Freeman, ProTem, BOARD OF
WELD COUNTY COMMISSIONERS
Date:
FEB 1 8 2015
RECEIVED
E.B 21 2015
DERE CREDl,1
E
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885966
070/4/— ‘27 Pe?e? (6)
CSJOHN DEERE Physical Damage/Liability Insurance
FINANCIAL_ Lease Schedule No. 030-0057622-028
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name&Address) 1150 O ST. , GREELEY.CO 80631
DEERE CREDIT, INC.
Lessor: 6400 NW 86'r ST, PO BOX 6600. JOHNSTON, IA 50131-6600
LIABILITY INSURANCE on the above referenced Lease Schedule (the "Schedule") to the above referenced Master Lease
Agreement will be provided by the following insurance agency:
Name of Agency: Phone Number of Agency:
County Technical Services, Inc. 303-861-0507
Mailing Address of Agency Fax Number of Agency
800 Grant Street, #400, Denver, CO 80203 303-861-2832
PHYSICAL DAMAGE INSURANCE on the Schedule will be provided by the following agency:
Name of Agency. Phone Number of Agency:
County Technical Services, Tnc. 303-861-0507
Mailing Address of Agency Fax Number of Agency
800 Grant Street, #400, Denver, CO 80203 303-861-2832
If an insurance certificate is available, it should be provided in place of the above information
ADDITIONAL INSURED and LOSS PAYEE:
Deere Credit, Inc.
Its Successors 8dor Assigns
6400 NW 86th St
Johnston, IA 50131
The undersigned agrees and understands that, pursuant to the provisions of Section 6 of the Master Lease Agreement, the undersigned
must at all times (1) maintain public liability insurance, covering personal injury and property damage for not less than $1,000,000 per
occurrence, naming us (and our successors and assigns) as additional insured; and (2) keep the Equipment insured against all risks of
physical damage for no less than its Termination Value (as such term is defined in Section 7 of the Master Lease Agreement), naming us
and our successors and assigns)as sole loss payee.
WELD COUNTY
LESSEE 1150 O ST
GREELEY.CO 80631
By:
Mike Freeman, Pro—Tem
BOARD OF WELD COUNTY
COMMISSIONERS
Date: ID, FEB 1 8 2015
Office Use Only
Contact Date(s):
Contact Name:
Liability Insurance Company Policy#: Liability Insurance Expiration Date
Liability Limits: Notes:
Physical Damage Insurance Company and Policy# Physical Damage Insurance Expiration Date
Insured Value: Notes:
Loss Payee Deere Credit, Inc.? Verified By:
Yes Will Be Added
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885966
C cif<
(, JOHN DEERE
FINANCIAL Advance Lease Payment Invoice
Due Date: 02/22/2015
Total Due: $1,700.00
Billing Address: Updated Billing Information:
WELD COUNTY
BARB CONNOLLY
PO BOX 758
GREELEY, CO 80632
Please Note: All future invoices will be sent to the billing address shown unless you update your billing information above.
Master Lease Agreement 00576„
Number
Advance
Rental/Tax Security Origination
App# Mfg. Model# Serial Number Due Date Lease
Amount Deposit Fee
Payment
11885966 JD 772GP 1DW772GPVFF6 02/22/2015 $1,700.00 $0.00 $0.00 $1,700.00
66740
Correspondence Only: Remit Checks Payable To:
Deere Credit, Inc. Deere Credit, Inc.
Attn: Lease Administration Attn: Acct. Dept. —ALP Processing
PO Box 6600 PO Box 6600
Johnston, IA 50131-6600 Johnston, IA 50131-6600
Phone: (800) 771-0681 —select"lease" prompt"
Fax: (800) 254-0020 Lease issues only
TO ENSURE PROPER CREDIT, STAPLE CHECK AND RETURN THIS INVOICE WITH THE LEASE DOCUMENTS.
STAPLE ADVANCE LEASE PAYMENT CHECK HERE
Every Dishonored Check will result in a fee of$20.00 or an amount not to exceed the highest amount permitted by law.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885966
John Deere Financial Direct Pay-Recurring Enrollment
For Credit Card accounts and Installment Loans
Fax 800-826-9527
Or Mail: John Deere Financial,Attn: Payment Specialist, PO Box 5327, Madison,WI 53705
Lease
Fax to 800-254-0020
Or Mail: John Deere Financial,Attn: Lease Dept, PO Box 6600, Johnston, IA 50131-6600
Eligibility
Your account with John Deere Financial must be current in order to enroll for the Direct-Pay Recurring payment option.Your account with your financial
institution must allow automatic withdrawals.
How to Enroll
Complete and sign the authorization form below.Please be sure to provide all information requested.
Bank&account information,whether it is a saving or checking account.For the typical checking accounts,the account information is located similar to the
sample business or personal checks below:
5*IYr!(*.anal&Cb.rl Samrin a... es%rt*flk
r.ser* .. ...
' 1W1 (bs,w .- 'A j,41KS' y�wWpy 4p •
Cs.,YtY1sM1T'b1>E .. .....".*` 13076®anieff
tom'~. .819 1104 risfrr.,:ER wnawu mnmmr uimlu.. �............._--..3
wwu
��.ea sm. t,`�wu» t.... gym. aw..wm ni rnww w�.a.�+
JOHN DEERE FINANCIAL DIRECT PAY-RECURRING AUTHORIZATION FORM
My signature below authorizes Deere Credit Services, Inc. and its affiliates, (the Company),to initiate debit entries to the
checking/savings account below for the regularly scheduled payments or other amounts that I may owe the Company.This authorization
is to remain in full force and effect until canceled by the Company, or by written notification from me, given in such time and manner as to
allow the Company a reasonable opportunity to ad upon it.
If your account is closed due to an Add-On transaction,consolidation or corrected loan agreement and you have Direct Pay-Recurring,
your enrollment and banking information will be transferred to your new account.
030-0057622
Bank Name John Deere Financial Account Number
WELD COUNTY
Bank City& State Name on John Deere Financial Account
Name on Bank Account Social Security Number/Federal Tax ID
9 digit Bank Routing and Transit# Type of Account: n Checking n Savings
I request Direct Pay Recurring to begin with my
Bank Account Number payment due / /
I understand any payment due prior to the month I requested above, must be made in order to be eligible for Direct Pay
Recurring.
Bank Account Owner Signature Date Bank Account Owner Phone Number
Federal/State Agency
and Indian Tribe
Claim for Exemption of
State and Local Sales/Use Tax
Purchaser
Name: WELD COUNTY
Address: 1150 O ST, GREELEY, CO 80631
ID Number (If Applicable):
Seller
Name: Deere Credit Inc.
Address: 6400 NW 86th St. Johnston, IA 50131
Exemption Number (if applicable):
Reason for Exemption: MUNICIPALITY
Description of Item Being Purchased:
2015 JD 772GP MOTOR GRADER 1DW772GPVFF666740
By signing below, purchaser certifies ies that the items being purchased are exempt from state and local sales tax.
E�By: a Stu-4
Title: n/rol/er
Date: a/is/is
Telephone Number: 970 366-1k0
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11886966
(Page 5 of 18)
I I _
ti
JOHN DEERE Lease Schedule
FINANCIAL Lease Schedule No. 030-0057622-027
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY ti
(Names address) 1150 O ST,,GREELEY,CO 80631
Lessor: DEERE CREDIT,INC.
6400 NW 86th ST,PO BOX 6600,JOHNSTON,IA 50131-6600
Lease Term Start Date Lease Term End Date # Lease Payment *Sales/Use Tax Total Lease Purchase
Payments y Payment Option Price
02/20/2015 02/20/2018 36 $1,400.00 $0.00 $1,400.00 $226,286.93
if part of the regular scheduled lease payment
RENEWAL TERM
Renewal Term Renewal Term #Of Payments Renewal Lease Payment Sales/Use Tax Total Renewal Purchase
Start Date End Date Amount Lease Payment Option Price
PAYMENT TERMS PAYMENT DUE AT SIGNING
Due Date 1u PayDate ment Due Discount Rate Advance Lease Payment" $1,400.00
20 02/20/2015 Internal Rate of Return minus 2 percent(2%) Origination Fee $0.00
Billing Period Irregular Payments Security Deposit $0.00
l Monthly Total Due At Signing 9 9 $ 1,400.00
❑Quarterly
❑Semi-Annual
O Annual "Advance Lease Payment includes the first(1)and last(0)
❑Irregular Lease Payments)
"Master Agreement" shall mean the above referenced Master Lease Agreement. "Schedule" shall mean this Lease Schedule. "Lease" shall mean this
Schedule and the Master Agreement. All of the terms and conditions set forth in the Master Agreement and any amendment, addendum, schedule or
attachment thereto or hereto including,but not limited to,the Equipment Return Provisions are hereby incorporated into and made a part of this Schedule.
tease Payments. You agree to remit the Lease Payments(and applicable sates, use and property taxes)on the dates noted above and all other amounts
when due to:DEERE CREDIT,INC.,P.O.Box 4450,Carol Stream,IL 60197-4450.
Hourly Charges. You certify that the hour meter reading on each item of Equipment is accurate as of the date you sign this Schedule. If you use any Equipment
during the Lease Term for more than the Hourly Limit indicated above for that item of Equipment.you will pay to us within 10 days of the Lease Term End Date
(or any earlier termination of the Lease)an amount equal to the Excess Hour Charge for that item of Equipment for each hour in excess of the Hourly Limit. If
the Lease is terminated,cancelled or extended for any reason,the Hourly Limit will be prorated by us in our sole discretion.
Purchase Option. You may purchase the Equipment on the Lease Term End Date(or the Renewal Term End Date)for the applicable Purchase Option Price
(plus applicable Taxes including estimated property taxes), provided (1) you are not in default; and (2)we receive the Purchase Option Price and any other
amounts you owe us on or before the Lease Term End Date(or the Renewal Term End Date). Upon receipt of the Purchase Option Price,we will transfer to you
all of our right,title and interest in such item(s)of Equipment AS-IS,WHERE-IS,WITHOUT ANY WARRANTY AS TO CONDITION OR VALUE.
Renewal Term. If(1)a Renewal Term Is provided for above,and(2)you notify us at least sixty(60)days prior to the end of the Lease Term that you
intend to renew the Lease for the Renewal Term,the Lease shall renew for the Renewal Term. You agree to remit to us the Renewal Lease Payments
indicated above(plus applicable taxes and other amounts)when due and payable each Billing Period,even if we do not send you a bill or an invoice.
Representations and Warranties. You represent and warrant to us,as of the date you signed this Schedule,that(1)the Equipment was selected by you;(2)
the Equipment(including all manufacturer manuals and instructions) has been delivered to, and examined by, you; (3) the safe operation and the proper
servicing of the Equipment were explained to you;(4)you received the written warranty applicable to the Equipment and understand that your rights under the
written warranty may be limited;(5)the Equipment is unconditionally and irrevocably accepted by you as being suitable for its intended use;(6)the Equipment is
in good condition and repair(operating and otherwise); (7)the Equipment shall be used only for the purpose indicated herein; (B) except as disclosed to us,
neither you nor any person related to you will have an equity interest in the Equipment on the Lease Term Start Date;and(9)all information provided to us by you is
true and correct.
You acknowledge and agree that: (1)we did not select,manufacture or supply any of the Equipment;(2)we acquired the Equipment at your direction; (3)
you selected the supplier of the Equipment;(4)you are entitled to all manufacturer warranties('Warranty Rights")and we assign all Warranty Rights to you,to
the extent assignable;(5)you may request an accurate and complete statement of the Warranty Rights,including any disclaimers and limitations,directly from
the manufacturer; and(6)you assign to us all your rights(but none of your obligations)under ail purchase orders,purchase agreements or similar documents
relating to the Equipment. You waive all rights and remedies conferred upon a lessee under Sections 508—522 of Article 2A of the Uniform Commercial Code.
Lease Payments may be based on the assumption that we will be entitled to certain tax benefits as the owner of the Equipment. If you take or fail to take
any action that results in a loss of such tax benefits,you will pay us,on demand,the amount we calculate as the value of such lost tax benefits.
RECE1\J
FEB 21 "\5
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 DApp.,}k +Epti�,1 4,1-G,S(i)
(Page 6 of 18)
FJ
Miscellaneous. You agree that we can access any information regarding the location, maintenance, operation and condition of the Equipment, and you
irrevocably authorize anyone in possession of such information to provide all of that information to us upon our request. You also agree to not disable'or
otherwise interfere with any information-gathering or transmission device within or attached to the Equipment. You permit us to monitor and record telephone
conversations between you and us. By providing any telephone number,including a mobile phone number,to us,any of our affiliates or any debt collectors we
retain,we,such affiliates and such retained debt collectors can contact you using that number, including calls using an automatic dialing and announcing devipei
and prerecorded calls, and that such calls are not"unsolicited"under state or federal law. All of our rights under each Lease shall remain in effect after the
expiration of the Lease Term or termination of the Schedule.
• RECEIVED
FEB 272O15
DEERE CREDIT,INC.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885963
(Page 7 of 18)
Lease Schedule— Equipment List
Supplier 4 RIVERS EQUIPMENT,LLC
(Names Ad m) 685 EAST ENTERPRISE OR.,PUEBLO WEST,CO 81007 tL:
EQUIPMENT INFORMATION
Hour Hour Excess Purchase---
Year Make Model Equipment Description Serial Number Meter Limit Hour Payment Option
Charge
2015 JD 772GP MOTOR GRADER 1 DW772GPJFF6 2 1500/YR $58.30/HR $1,400.00 $226,286.93
66704
Equipment 1399 N 17TH AVE,GREELEY,CO,80631 OUTSIDE city limits:II WELD COUNTY
Location
BY SIGNING THIS SCHEDULE,YOU AGREE TO ALL OF THE TERMS AND CONDITIONS OF THIS SCHEDULE AND THE MASTER AGREEMENT.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150 0 ST LESSOR 6400 NW 861"ST,PO BOX 6600
GREELEY,CO 80631 JOHNSTON,IA 50131-6600
By: r By: CL..�4
Mike Freeman, Pro—Tem
BOARD OF WELD COUNTY
COMMISSIONERS
Date: *FEB 1'8 2015 Date: 3/g/j,s
RECEivED
v0311 '06
E�ECgOkI tNC•r o� 3
a�
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885963
(Page 8 of 18)
t,.J
..J
JOHN DEERE Equipment Return Provisions
FINANCIAL Lease Schedule No. 030-0057622-027 U)
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name&Address) 1150 O ST,,GREELEY,CO 80631
DEERE CREDIT,INC.
Lessor: 6400 NW 86t ST,PO BOX 6600,JOHNSTON,IA 50131-6600
The following Equipment Return Provisions are hereby incorporated into and made a part of the above referenced Master Lease Agreement(the"Master
Agreement"),and entered into between Deere Credit,Inc.,as Lessor("us","we"or"our),and WELD COUNTY,as Lessee("you"or"your"). Pursuant to
Section 9 of the Master Lease Agreement,all Equipment must be returned to us in satisfactory condition. Unsatisfactory condition shall include any condition
described in Sections 1 through 4 below("Excessive Wear and Tear").
1. Mechanical.
A Computer systems or safety and emission control equipment not in proper working order.
B. Mechanical components that are missing, broken or unsafe or that do not operate normally, other than normal tune-ups, given the age of the
equipment.
C. Wear on power train assembly that exceeds manufacturer's then current standards for normal wear and tear.
D. Any air filters not within manufacturer's specifications.
E. Any gauges or fluid indicators that are damaged or do not function,the electrical system fails to operate property,the battery fails to hold a charge or
any wire harnesses that are not tied down and kept secured,dry and clean.
F. Any pumps, motors, valves or cylinders not in good operating condition or that fail to meet manufacturer's rated specifications or hydraulic system
exceeds manufacturer's then-current contaminant standards (as shown by oil sample analysis). Equipment not serviced according to the
manufacturer's operating manual.
G. Any lubricant,water or A/C seal leaks.
2. Exterior.
A. Dents larger than 2 inches in diameter.
B. Excessive number of dents or scratches.
C. Any scratch 8"or longer that reaches the metal skin.
0. Any single chip the size of a quarter or larger or multiple small chips within one square foot.
E. Substandard paint repairs,such as peeling,bubbling or mismatched shades that evidence poor condition in comparison with original paint and require
repainting at a cost in excess of$200.
F. Rust holes in the body metal or a rust spot that covers more than a 4-inch square area.
G. Any glass that must be replaced due to cracks or missing glass and any windshield damages greater than$50 in amount.
H. All frame damage and substandard frame repairs.
I. Any tires or tracks that(a)have broken side walls or excessive cuts or damages,or(b)have less than 50%of the original useful life remaining,or(c)
are not of the same size,type grade or equivalent quality manufacturer as were originally included on the Equipment.
3. Cab/Operator Platform.
A. Heavy interior soil or strong odors,such as manure,that cannot be removed by general cleaning.
B. Unclean condition of operator environment.
C. Holes,tears,or bums on the dash,floor covers,seats,headliners,upholstery or interior.
4. General.
A Equipment not operated or maintained in accordance with the manufacturer's specifications or if components,fuels or fluids, on or in connection with
the Equipment that do not meet manufacturer's standards were used.
B Any other damage that in the aggregate costs$250 or more to repair or that makes the Equipment unlawful or unsafe to operate.
5. Other.
A. All warranty and PIP work must be completed prior to the Lease Term End Date of the Lease Schedule relating to the Equipment.
B. The Equipment must be cleaned prior to its return.
6. Hour Meter. For each item of Equipment returned with a broken or missing hour meter,you shall accept an invoice from us and remit to us an amount
equal to$1,000. You agree that the hour meter included with the Equipment is conclusive of the number of hours of Equipment use.
7. Invoices for Excess Wear And Tear. Upon any return of the Equipment,we shall, in our sole discretion,determine the existence of any Excessive Wear
and Tear. In the event any item of Equipment is returned to us with Excessive Wear and Tear,you shall,at our sole discretion,either(i)accept an invoice
from us and remit to us the cost of repairing or replacing the affected component(s)which we determine necessary to return the Equipment to its required
condition, and/or(ii)accept an invoice from us and remit to us an amount equal to our estimate of(1)the cost of new tires or tracks if the tires or tracks are
damaged due to broken side walls or excessive cuts or damage,or(2)the cost of new tires or tracks multiplied by the difference between (A)our estimate
of the percentage of the useful life of the tires and tracks then remaining,and(B)fifty percent(50%). For example,if you return Equipment with tires having
20%of their useful life remaining,you would remit to us an amount equal to 30%of the cost of new tires((50%-20%)multiplied by the cost of new tires).
Your failure to remit the r •uired•a ment to us within ten 10 da s of demand shall constitute a default b ou under the terms of the Lease.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150O ST LESSOR 6400 NW 86`'ST,PO BOX 6600
GREELEY,�V`�'{ CO 80631 JOHNSTON, IA 50131-66600
g r U 0 Kr1�R�---1' By:
Y tJ�-•--
Mike Freeman, Pro-Tem MI
BOARD OF WELD COUNTY R
COMMISSIONERS
Date: » FEB 1 8 2015 3�� , FEB 21 2015
Date: /r
Es �-IRE 1T,INC.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885963 n/ f+ '08(3)
8( 3)
(Page 9 of 18)
"-J
0 JOHN DEERE Delivery and Acknowledgment srl
FINANCIAL ,.L
Lease Schedule No. 030-0057622-027
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name 8 Address) 1 150 O ST,,GREELEY,CO 80631
DEERE CREDIT, INC. •
Lessor: 6400 NW 86th ST,PO BOX 6600,JOHNSTON,IA 50131-6600
Capitalized terms shall have the meanings set forth in the above referenced Master Lease Agreement.
Lessee hereby represents and warrants that: (1) all of the Equipment more fully described in the above referenced Lease Schedule was
selected by Lessee; (2) all of the Equipment and the Operators Manuals have been delivered to, and received by, Lessee; (3) all of the
Equipment has been inspected by Lessee and is in good working order; (4)all of the Equipment is unconditionally and irrevocably accepted
by Lessee for all purposes under the Lease; (5) the safe operation and the proper servicing of the Equipment have been explained to
Lessee; (6) Lessee received the manufacturer's written warranty applicable to the Equipment and Lessee understands that its rights are
subject to the limitations outlined therein; (7)no Event of Default has occurred and is continuing;and (8) no material adverse change in the
financial or business condition of Lessee has occurred since the date of the last financial statement submitted to Lessor by Lessee.
Signed by Lessee's duly authorized representative on the date shown below.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150 O ST LESSOR 6400 N.W.86'"STREET,PO BOX 6600
-yGREELEE�Y,CO 80631 JOHNSTON,IA 50131-6600
By. i ' "" By:
Mike Freeman, Pro-Tem
BOARD OF WELD COUNTY
COMMISSIONERS
Date. 4t FEB 1 8 2015 Date: 4c/,.s•-
DEtRECED ,INC.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885963 Mn i 4/ 2 G11l /3 1
C_J�/V �p�.� l/ 1r /
(Page 10 of 18)
t
,wy
JOHN DEERE Property Tax Acknowledgment
FINANCIAL Lease Schedule No. 030-0057622-027
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name&Address) 1150 O ST,,GREELEY,CO 80631
DEERE CREDIT, INC.
Lessor: 6400 NW 860'ST,PO BOX 6600,JOHNSTON,IA 50131-6600
As Lessor and Owner of the equipment, Deere Credit, Inc. is responsible for filing and paying property tax to the
appropriate taxing authority. Lessee should not report this equipment on their property tax return.
Lessor will bill Lessee for property taxes upon receipt of an assessment from the taxing authority. Lessee will reimburse
Lessor for property taxes upon receipt of an invoice from John Deere Financial. Please refer to section 3 of the Master
Lease Agreement for further information.
The equipment listed on the attached Master Lease Schedule — Equipment List will be reported to the following taxing
jurisdiction(s).
1399 N 17TH AVE Check here if OUTSIDE city limits
Street Address
GREELEY _ CO 80631 WELD
City State Zip County
PLEASE VALIDATE THE ABOVE INFORMATION & MAKE APPLICABLE CHANGES BELOW:
Check here if OUTSIDE city limits
Street Address
City State Zip County
Check here if Sales/Use Tax Exempt t I Check here if Property Tax Exempt
Equipment Usage:
Percentage of Time:
The undersigned (the"Lessee")acknowledges that they have verified the equipment location listed above; understands
that the Lessor will file and pay property taxes and that the Lessee is required to reimburse Lessor upon receipt of an
invoice for property taxes. Failure to reimburse Lessor for property taxes shall constitute an Event of Default as described
in Section 10 of the Lease.
WELD COUNTY
LESSEE 1150 O ST
GREELEY,CO 0631
By: M
Mike Freeman, ProTem,:-BOARD OF
WELD COUNTY COMMISSIONERS
Date ♦ FEB 1 8 2015 Rtal\ICD
FEB - 2p15
•
°COR
Universal Governmental MLA Operating Lease Sated Purchase Option Nov 15 2013 App 11885983 2 0/ — c77:01 `�)
{�?A I JOHN DEERE Physical Damage/Liability Insurance
FINANCIAL Lease Schedule No. 030-0057622-027
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name&Address) 1150 O ST, GREELEY,CO 80631
DEERE CREDIT, INC.
Lessor: 6400 NW 86th ST,PO BOX 6600,JOHNSTON,IA 50131-6600
LIABILITY INSURANCE on the above referenced Lease Schedule (the "Schedule") to the above referenced Master Lease
Agreement will be provided by the following insurance agency:
Name of Agency: Phone Number of Agency:
County Technical Services, Inc. 303-861-0507
Mailing Address of Agency Fax Number of Agency
800 Grant Street, #400, Denver, CO 80203 303-861-2832
PHYSICAL DAMAGE INSURANCE on the Schedule will be provided by the following agency:
Name of Agency: Phone Number of Agency:
County Technical Services, Inc. 303-861-0507
Mailing Address of Agency Fax Number of Agency
800 Grant Street, #400, Denver, CO 80203 303-861-2832
If an insurance certificate is available, it should be provided in place of the above information
ADDITIONAL INSURED and LOSS PAYEE:
Deere Credit, Inc.
Its Successors 8i/or Assigns
6400 NW 86th St
Johnston, IA 50131
The undersigned agrees and understands that, pursuant to the provisions of Section 6 of the Master Lease Agreement, the undersigned
must at all times (1) maintain public liability insurance, covering personal injury and property damage for not less than $1,000,000 per
occurrence, naming us (and our successors and assigns) as additional insured; and (2) keep the Equipment insured against all risks of
physical damage for no less than its Termination Value(as such term is defined in Section 7 of the Master Lease Agreement), naming us
and our successors and assigns)as sole loss payee.
WELD COUNTY
LESSEE 1150O ST
GREELEY,� }�1 CO 80631
By: �1)��
Mike Freeman, Pro-Tem
BOARD OF WELD COUNTY
COMMISSIONERS
Date: FEB 1 8 2015
Office Use Only
Contact Date(s): Contact Name:
Liability Insurance Company Policy#: Liability Insurance Expiration Date
-Liability Limits: Notes:
Physical Damage Insurance Company and Policy# Physical Damage Insurance Expiration Date
Insured Value: Notes:
Loss Payee Deere Credit,Inc.? Verified By:
I l Yes I._Mill Be Added
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885963
x,20/ 08 (3)
rip. -\
JOHN DEERE
FINANCIAL Advance Lease Payment Invoice
Due Date: 02/20/2015
Total Due: $1,400.00
Billing Address: Updated Billing Information:
WELD COUNTY
BARB CONNOLLY
PO BOX 758
GREELEY, CO 80632
Please Note: All future invoices will be sent to the billing address shown unless you update your billing information above.
Master Lease Agreement 005762
Number
Rental/Tax Security Origination Advance
App# Mfg. Model# Serial Number Due Date Amount Deposit Fee Lease
Payment
11885963 JD 772GP 1DW772GPJFF66 02/2012015 $1,400.00 $0.00 $0.00 $1,400.00
6704
Correspondence Only: Remit Checks Payable To:
Deere Credit, Inc. Deere Credit, Inc.
Attn: Lease Administration Attn: Acct. Dept. —ALP Processing
PO Box 6600 PO Box 6600
Johnston, IA 50131-6600 Johnston, IA 50131-6600
Phone: (800) 771-0681 —select"lease" prompt"
Fax: (800) 254-0020 Lease issues only _
TO ENSURE PROPER CREDIT, STAPLE CHECK AND RETURN THIS INVOICE WITH THE LEASE DOCUMENTS.
STAPLE ADVANCE LEASE PAYMENT CHECK HERE
Every Dishonored Check will result in a fee of$20.00 or an amount not to exceed the highest amount permitted by law.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885963
John Deere Financial Direct Pay-Recurring Enrollment
For Credit Card accounts and Installment Loans
Fax 800-826-9527
Or Mail: John Deere Financial,Attn: Payment Specialist, PO Box 5327, Madison,WI 53705
Lease
Fax to 800-254-0020
Or Mail: John Deere Financial,Attn: Lease Dept, PO Box 6600, Johnston, IA 50131-6600
Eligibility
Your account with John Deere Financial must be current in order to enroll for the Direct-Pay Recurring payment option.Your account with your financial
institution must allow automatic withdrawals.
How to Enroll
Complete and sign the authorization form below.Please be sure to provide all information requested.
Bank&account information,whether it is a saving or checking account. For the typical checking accounts,the account information is located similar to the
sample business or personal checks below:
Sampia Par%pna((bos# Sample 9astbess(ke(k
... ...,_...y. _.....�....__ -;tinaffyInd namarninnst 1/0 Al
P
'"floa
9kMSMhtTr; L
9fi wMUK:r ,µa ere..
¢
Ls_ +4 NMI ....u.........�.�
C+4lAMYNr�e u.. 4rv.W YY
JOHN DEERE FINANCIAL DIRECT PAY-RECURRING AUTHORIZATION FORM
My signature below authorizes Deere Credit Services, Inc. and its affiliates, (the Company),to initiate debit entries to the
checking/savings account below for the regularly scheduled payments or other amounts that I may owe the Company.This authorization
is to remain in full force and effect until canceled by the Company,or by written notification from me,given in such time and manner as to
allow the Company a reasonable opportunity to act upon it.
If your account is closed due to an Add-On transaction,consolidation or corrected loan agreement and you have Direct Pay-Recurring,
your enrollment and banking information will be transferred to your new account.
030-0057622
Bank Name John Deere Financial Account Number
WELD COUNTY
Bank City&State Name on John Deere Financial Account
Name on Bank Account Social Security Number/Federal Tax ID
9 digit Bank Routing and Transit# Type of Account: n Checking n Savings
I request Direct Pay Recurring to begin with my
Bank Account Number payment due / /_
I understand any payment due prior to the month I requested above, must be made in order to be eligible for Direct Pay
Recurring.
Bank Account Owner Signature Date Bank Account Owner Phone Number
Federal/State Agency
and Indian Tribe
Claim for Exemption of
State and Local Sales/Use Tax
Purchaser
Name: WELD COUNTY
Address: 1150 O ST, GREELEY, CO 80631
ID Number (If Applicable):
Seller
Name: Deere Credit Inc.
Address: 6400 NW 86th St. Johnston, IA 50131
Exemption Number (if applicable):
Reason for Exemption: MUNICIPALITY
Description of Item Being Purchased:
2015 JD 772GP MOTOR GRADER 1DW772GPJFF666704
By signing below, purchaser certifies that the items being purchased are exempt from state and local sales tax.
By: rb .A2a2 h�lkt
Title: C1mm► //r
Date: a/13/15 ////,,,,
Telephone Number: 97o 3510-'ttnb
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 157013 App 11885963
Aoki JOHN tA DEERE Lease Schedule
FINANCIAL'"\Lw Lease Schedule No. 030-0057622-026
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name a Address) _ 1150 O ST,,GREELEY,CO 80631
DEERE CREDIT, INC.
Lessor: 6400 NW 86th ST,PO BOX 6600,JOHNSTON, IA 50131-6600
LEASE TERM
#Of Total Lease Purchase
Lease Term Start Date Lease Term End Date Lease Payment aSaleslUse Tax
Payments Payment Option Price
02/15/2015 02/15/2018 36 $1,660.00 $0.00 $1,660.00 $208,008.84
*If part of the regular scheduled lease payment
RENEWAL TERM
°a i mi lax f neNnat . t1ase
o- t Hiitiedia04000,
PAYMENT TERMS PAYMENT DUE AT SIGNING
Due Date 1"Payment Due Discount Rate Advance Lease Payment" $1,660.00
Date
15 02/15/2015 Internal Rate of Return minus 2 percent(2%) Origination Fee $0.00
Billing Period / Irregular Payments Security Deposit $0.00
El Monthly Total Due At Signing $ 1,660.00
❑Quarterly
❑Semi-Annual
❑Annual **Advance Lease Payment includes the first(1)and last(0)
❑Irregular Lease Payment(s)
"Master Agreement" shall mean the above referenced Master Lease Agreement. "Schedule" shall mean this Lease Schedule. "Lease" shall mean this
Schedule and the Master Agreement. All of the terms and conditions set forth in the Master Agreement and any amendment, addendum, schedule or
attachment thereto or hereto including, but not limited to,the Equipment Return Provisions are hereby incorporated into and made a part of this Schedule.
Lease Payments. You agree to remit the Lease Payments (and applicable sales, use and property taxes) on the dates noted above and all other amounts
when due to: DEERE CREDIT, INC.,P.O. Box 4450,Carol Stream,IL 60197-4450.
Hourly Charoes. You certify that the hour meter reading on each item of Equipment is accurate as of the date you sign this Schedule. If you use any Equipment
during the Lease Term for more than the Hourly Limit indicated above for that item of Equipment,you will pay to us within 10 days of the Lease Term End Date
(or any earlier termination of the Lease)an amount equal to the Excess Hour Charge for that item of Equipment for each hour in excess of the Hourly Limit. If
the Lease is terminated,cancelled or extended for any reason,the Hourly Limit will be prorated by us in our sole discretion.
Purchase Option. You may purchase the Equipment on the Lease Term End Date(or the Renewal Term End Date)for the applicable Purchase Option Price
(plus applicable Taxes including estimated property taxes), provided (1) you are not in default; and (2) we receive the Purchase Option Price and any other
amounts you owe us on or before the Lease Term End Date(or the Renewal Term End Date). Upon receipt of the Purchase Option Price,we will transfer to you
all of our right,title and interest in such item(s)of Equipment AS-IS,WHERE-IS,WITHOUT ANY WARRANTY AS TO CONDITION OR VALUE.
Renewal Term. If(1)a Renewal Term is provided for above,and(2)you notify us at least sixty(60)days prior to the end of the Lease Term that you
intend to renew the Lease for the Renewal Term,the Lease shall renew for the Renewal Term. You agree to remit to us the Renewal Lease Payments
indicated above(plus applicable taxes and other amounts)when due and payable each Billing Period,even if we do not send you a bill or an invoice.
Representations and Warranties. You represent and warrant to us, as of the date you signed this Schedule,that(1)the Equipment was selected by you; (2)
the Equipment (including all manufacturer manuals and instructions) has been delivered to, and examined by, you; (3) the safe operation and the proper
servicing of the Equipment were explained to you; (4)you received the written warranty applicable to the Equipment and understand that your rights under the
written warranty may be limited; (5)the Equipment is unconditionally and irrevocably accepted by you as being suitable for its intended use;(6)the Equipment is
in good condition and repair (operating and otherwise); (7) the Equipment shall be used only for the purpose indicated herein; (8) except as disclosed to us,
neither you nor any person related to you will have an equity interest in the Equipment on the Lease Term Start Date; and(9)all information provided to us by you is
true and correct.
You acknowledge and agree that: (1)we did not select, manufacture or supply any of the Equipment; (2)we acquired the Equipment at your direction; (3)
you selected the supplier of the Equipment; (4)you are entitled to all manufacturer warranties('Warranty Rights")and we assign all Warranty Rights to you,to
the extent assignable; (5)you may request an accurate and complete statement of the Warranty Rights, including any disclaimers and limitations, directly from
the manufacturer; and (6)you assign to us all your rights (but none of your obligations) under all purchase orders, purchase agreements or similar documents
relating to the Equipment. You waive all rights and remedies conferred upon a lessee under Sections 508—522 of Article 2A of the Uniform Commercial Code.
Lease Payments may be based on the assumption that we will be entitled to certain tax benefits as the owner of the Equipment. If you take or fail to take
any action that results in a loss of such tax benefits,you will pay us,on demand,the amount we calculate as the value of such lost tax benefits.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885961 [ACV/$1- :2 (i i l7-/
Miscellaneous. You agree that we can access any information regarding the location, maintenance, operation and condition of the Equipment, and you
irrevocably authorize anyone in possession of such information to provide all of that information to us upon our request. You also agree to not disable or
otherwise interfere with any information-gathering or transmission device within or attached to the Equipment. You permit us to monitor and record telephone
conversations between you and us. By providing any telephone number, including a mobile phone number, to us, any of our affiliates or any debt collectors we
retain,we,such affiliates and such retained debt collectors can contact you using that number, including calls using an automatic dialing and announcing device
and prerecorded calls, and that such calls are not"unsolicited"under state or federal law. All of our rights under each Lease shall remain in effect after the
expiration of the Lease Term or termination of the Schedule.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885961
(Page 7 of 18)
1..
Lease Schedule— Equipment List
Supplier 4 RIVERS EQUIPMENT,LLC
(Name a Address) 685 EAST ENTERPRISE DR.,PUEBLO WEST,CO 81007
EQUIPMENT INFORMATION
Hour Hour Excess Purchase -
Year Make Model
Equipment Description Serial Number Meter Limit Hour Payment Option
Charge
2015 JD 772GP MOTOR GRADER tDW772GPPFF6 2 2000/YR $58.30/HR
66778 $1,660.00 $208,008.84
•
Equipment on
1399 N 17TH AVE.GREELEY,CO,80631 OUTSIDE city limits:6J WELD COUNTY
BY SIGNING THIS SCHEDULE,YOU AGREE TO ALL OF THE TERMS AND CONDITIONS OF THIS SCHEDULE AND THE MASTER AGREEMENT.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150OST ST LESSOR 6.400 NW 86ih ST.PO BOX 6600
GREELEY,COC 80631 JOHNSTON,IA 501 -ratSy: le By: V
Mike Freeman, Pro-Tem
BOARD OF WELD COUNTY
COMMISSIONERS
Date *FEB 1 8 2015
Date 454C
RECEIVED
FEB 27 2015
DEERE CREDIT, INC.
Universal Governmental MLA Operettng Lease Stated Purchase Option Nov 15 2013 App 11885961 ,O/
(Page 8 of 18)
iJ
JOHN DEERE Equipment Return Provisions ••
FINANCIAL Lease Schedule No. 030-0057622-026 c�
Master Lease Agreement No. 0057622 Ti
Lessee: WELD COUNTY
(Name&Address) 1150 O ST,,GREELEY,CO 80631
Lessor: DEERE CREDIT, INC.
6400 NW 868 ST,PC)BOX 6600,JOHNSTON, IA 50131-6600
The following Equipment Return Provisions are hereby incorporated into and made a part of the above referenced Master Lease Agreement(the"Master
Agreement"),and entered into between Deere Credit,Inc.,as Lessor("us", 'we'or"our"),and WELD COUNTY,as Lessee("you"or"your"). Pursuant to
Section 9 of the Master Lease Agreement,all Equipment must be returned to us in satisfactory condition. Unsatisfactory condition shall include any condition
described in Sections 1 through 4 below("Excessive Wear and Tear"),
1. Mechanical.
A. Computer systems or safety and emission control equipment not in proper working order.
B. Mechanical components that are missing, broken or unsafe or that do not operate normally, other than normal tune-ups, given the age of the
equipment.
C. Wear on power train assembly that exceeds manufacturer's then current standards for normal wear and tear.
D. Any air filters not within manufacturer's specifications.
E. Any gauges or fluid indicators that are damaged or do not function,the electrical system fails to operate properly,the battery fails to hold a charge or
any wire harnesses that are not tied down and kept secured,dry and clean.
F. Any pumps, motors, valves or cylinders not in good operating condition or that fail to meet manufacturer's rated specifications or hydraulic system
exceeds manufacturer's then-current contaminant standards (as shown by oil sample analysis). Equipment not serviced according to the
manufacturer's operating manual.
G. Any lubricant.water or A/C seal leaks.
2. Exterior.
A. Dents larger than 2 inches in diameter.
B. Excessive number of dents or scratches.
C. Any scratch 8"or longer that reaches the metal skin.
D. Any single chip the size of a quarter or larger or multiple small chips within one square foot.
E. Substandard paint repairs,such as peeling,bubbling or mismatched shades that evidence poor condition in comparison with original paint and require
repainting at a cost in excess of$200.
F. Rust holes in the body metal or a rust spot that covers more than a 4-inch square area.
G. Any glass that must be replaced due to cracks or missing glass and any windshield damages greater than$50 in amount.
H. All frame damage and substandard frame repairs.
I. Any tires or tracks that(a)have broken side walls or excessive cuts or damages,or(b)have less than 50%of the original useful life remaining,or(c)
are not of the same size,type grade or equivalent quality manufacturer as were originally included on the Equipment.
3. Cab/Operator Platform.
A. Heavy interior soil or strong odors,such as manure,that cannot be removed by general cleaning
B. Unclean condition of operator environment.
C. Holes,tears,or burns on the dash,floor covers.seats,headliners,upholstery or interior.
4. General.
A. Equipment not operated or maintained in accordance with the manufacturer's specifications or if components,fuels or fluids, on or In connection with
the Equipment that do not meet manufacturer's standards were used.
B. Any other damage that in the aggregate costs$250 or more to repair or that makes the Equipment unlawful or unsafe to operate
5. Other.
A. All warranty and PIP work must be completed prior to the Lease Term End Date of the Lease Schedule relating to the Equipment.
B. The Equipment must be cleaned prior to Its return.
6. Hour Meter. For each item of Equipment returned with a broken or missing hour meter, you shall accept an invoice from us and remit to us an amount
equal to$1,000. You agree that the hour meter included with the Equipment is conclusive of the number of hours of Equipment use.
7, Invoices for Excess Wear And Tear. Upon any return of the Equipment,we shall,in our sole discretion,determine the existence of any Excessive Wear
and Tear. In the event any item of Equipment is returned to us with Excessive Wear and Tear,you shall,at our sole discretion,either(i)accept an invoice
from us and remit to us the cost of repairing or replacing the affected component(s)which we determine necessary to return the Equipment to its required
condition,and/or(ii)accept an invoice from us and remit to us an amount equal to our estimate of(1)the cost of new tires or tracks if the tires or tracks are
damaged due to broken side walls or excessive cuts or damage,or(2)the cost of new tires or tracks multiplied by the difference between (A)our estimate
of the percentage of the useful life of the tires and tracks then remaining,and(B)fifty percent(50%). For example,if you return Equipment with tires having
20%of their useful life remaining,you would remit to us an amount equal to 30%of the cost of new tires((50% -20%)multiplied by the cost of new tires).
Your failure to remit the r-•uired•a ment to us within ten 10 da s of demand shall constitute a default b ou under the terms of the Lease.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150 O ST LESSOR 6400 NW 861h ST,PO BOX 6600
GREELEY,CO 880631 JOHNSTON,IA 50131-6600
By: By-
Mike Freeman, Pro-Tem car �, • -
BOARD OF WELD COUNTY
COMMISSIONERS
FEB 1 8 2015 J FEB 2 7 201
Date: 4 Date: C1 /-
DEERE GHENT;INC.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 16 2013 App 11(185961
(Page 9 of 18)CO FJ �
GJ
JOHN DEERE Delivery and Acknowledgment n
FINANCIAL Lease Schedule No. 030-0057622-026 `L
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
{Name&Address) 1150 O ST,,GREELEY,CO 80631
Lessor: DEERE CREDIT, INC.
6400 NW 86 ST,PO BOX 6600,JOHNSTON,IA 50131-6600
Capitalized terms shall have the meanings set forth in the above referenced Master Lease Agreement.
Lessee hereby represents and warrants that: (1) ail of the Equipment more fully described in the above referenced Lease Schedule was
selected by Lessee; (2) all of the Equipment and the Operator's Manuals have been delivered to, and received by, Lessee; (3) all of the
Equipment has been inspected by Lessee and is in good working order;(4)all of the Equipment is unconditionally and irrevoca bly accepted
by Lessee for all purposes under the Lease; (5) the safe operation and the proper servicing of the Equipment have been explained to
Lessee; (6) Lessee received the manufacturer's written warranty applicable to the Equipment and Lessee understands that its rights are
subject to the limitations outlined therein; (7)no Event of Default has occurred and is continuing; and (8)no material adverse change in the
financial or business condition of Lessee has occurred since the date of the last financial statement submitted to Lessor by Lessee.
Signed by Lessee's duly authorized representative on the date shown below.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150 O ST LESSOR 6400 N.W.86m STREET, PO BOX 6600
GREELEY,CO 80631 JOHNSTON,IA 50131-6600
By_ Jr-�G By.
Mike Freeman, Pro-Tem
BOARD OF WELD COUNTY
COMMISSIONERS
Date: * FEB 1 8 11115 Date:
RECEIVED
FEB 21 2015
DEERE CREDIT,INC
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 16 2013 App 11885981
O.3D/5L 0V0 t (4)
(Page 10 of 18)
. t•J
:nJ
JOHN DEERE Property Tax AcknowledgmentcD
FINANCIAL Lease Schedule No. 030-0057622-026
Master Lease Agreement No. 0057622 "
Lessee: WELD COUNTY
(Name 8 Mantes) 1150 0 ST,,GREELEY,CO 80631
DEERE CREDIT,INC.
Lessor. 6400 NW 86"ST,PO BOX 6600,JOHNSTON,IA 50131-6600
As Lessor and Owner of the equipment, Deere Credit, Inc. is responsible for filing and paying property tax to the
appropriate taxing authority. Lessee should not report this equipment on their property tax return.
Lessor will bill Lessee for property taxes upon receipt of an assessment from the taxing authority. Lessee will reimburse
Lessor for property taxes upon receipt of an invoice from John Deere Financial. Please refer to section 3 of the Master
Lease Agreement for further information.
The equipment listed on the attached Master Lease Schedule — Equipment List will be reported to the following taxing
jurisdiction(s).
1399 N 17TH AVE X Check here if OUTSIDE city limits
Street Address
_GREELEY CO _ 80631 WELD
City State Zip County
PLEASE VALIDATE THE ABOVE INFORMATION& MAKE APPLICABLE CHANGES BELOW:
Check here if OUTSIDE city limits
Street Address
City State Zip County
L ) Check here if Sales/Use Tax Exempt I_ Check here if Property Tax Exempt
Equipment Usage:
Percentage of Time:
The undersigned (the"Lessee")acknowledges that they have verified the equipment location listed above; understands
that the Lessor will file and pay property taxes and that the Lessee is required to reimburse Lessor upon receipt of an
invoice for property taxes. Failure to reimburse Lessor for property taxes shall constitute an Event of Default as described
in Section 10 of the Lease.
WELD COUNTY
1150O ST
GREELEY,CO 80631
By:
Mil<Ce Freeman, ProTem,;.BOARDOF
WELD COUNTY COMMISSIONERS
Date: ♦FEB 1 8 2015
RECEIVED
FEB 27 2015
DEERE CREDIT,1iVC.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 1S 2013 App 11885961
026/4- m' (4>
JOHN DEERE Physical Damage/Liability Insurance
FINANCIAL. Lease Schedule No. 030-0057622-026
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name&Address) 1150 O ST, ,GREELEY,CO 80631
DEERE CREDIT, INC.
Lessor: 6400 NW 86'"ST,PO BOX 6600,JOHNSTON,IA 50131-6600
LIABILITY INSURANCE on the above referenced Lease Schedule (the"Schedule")to the above referenced Master Lease
Agreement will be provided by the following insurance agency:
Name of Agency: Phone Number of Agency:
County Technical Services, Inc. 303-861-0507
Mailing Address of Agency Fax Number of Agency
800 Grant Street, #400, Denver, CO 80203 303-861-2832
PHYSICAL DAMAGE INSURANCE on the Schedule will be provided by the following agency:
Name of Agency: Phone Number of Agency:
County Technical Services, Inc. 303-861-0507
Mailing Address of Agency Fax Number of Agency
800 Grant Street, #400, Denver, CO 80203 303-861-2832
If an insurance certificate is available, it should be provided in place of the above information
ADDITIONAL INSURED and LOSS PAYEE:
Deere Credit, Inc.
Its Successors &/or Assigns
6400 NW 861"St
Johnston, IA 50131
The undersigned agrees and understands that, pursuant to the provisions of Section 6 of the Master Lease Agreement, the undersigned
must at all times (1) maintain public liability insurance, covering personal injury and property damage for not less than $1,000,000 per
occurrence, naming us (and our successors and assigns) as additional insured; and (2) keep the Equipment insured against all risks of
physical damage for no less than its Termination Value (as such term is defined in Section 7 of the Master Lease Agreement), naming us
and our successors and assigns)as sole loss payee.
WELD COUNTY
LESSEE 1150 o ST
GREELEY,CO 80631
By:
Mike Freeman, Pro-Tem
BOARD OF WELD COUNTY
COMMISSIONERS
MD.
1 8 2015
Date:
Office Use Only
Contact Date(s): Contact Name:
Liability Insurance Company Policy#: Liability Insurance Expiration Date
Liability Limits: Notes:
Physical Damage Insurance Company and Policy# Physical Damage Insurance Expiration Date
Insured Value: Notes:
Loss Payee Deere Credit,Inc.? Verified By:
H Yes '' JWill Be Added
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885961
�2�/¢-ort°X (yV
OJOHN DEERE
FINANCIAL Advance Lease Payment Invoice
Due Date: 02/15/2015
Total Due: $1,660.00
Billing Address: Updated Billing Information:
WELD COUNTY
BARB CONNOLLY
PO BOX 758
GREELEY, CO 80632
Please Note: All future invoices will be sent to the billing address shown unless you update your billing information above.
Master Lease Agreement 0057622
Number
Rental/Tax Security Origination Advance
App# Mfg. Model# Serial Number Due Date Lease
Amount Deposit Fee
Payment
11885961 JD 772GP 1DW772GPPFF6 02/15/2015 $1,660.00 $0.00 $0.00 $1,660.00
66778
Correspondence Only: Remit Checks Payable To:
Deere Credit, Inc. Deere Credit, Inc.
Attn: Lease Administration Attn: Acct. Dept. —ALP Processing
PO Box 6600 PO Box 6600
Johnston. IA 50131-6600 Johnston, IA 50131-6600
Phone: (800) 771-0681 —select"lease" prompt"
Fax: (800) 254-0020 Lease issues only
TO ENSURE PROPER CREDIT, STAPLE CHECK AND RETURN THIS INVOICE WITH THE LEASE DOCUMENTS.
STAPLE ADVANCE LEASE PAYMENT CHECK HERE
Every Dishonored Check will result in a fee of$20.00 or an amount not to exceed the highest amount permitted by law.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885961
John Deere Financial Direct Pay-Recurring Enrollment
For Credit Card accounts and Installment Loans
Fax 800-826-9527
Or Mail: John Deere Financial,Attn: Payment Specialist, PO Box 5327, Madison,WI 53705
Lease
Fax to 800-254-0020
Or Mail: John Deere Financial,Attn: Lease Dept, PO Box 6600, Johnston, IA 50131-6600
Eligibility
Your account with John Deere Financial must be current in order to enroll for the Direct-Pay Recurring payment option.Your account with your financial
institution must allow automatic withdrawals.
How to Enroll
Complete and sign the authorization form below. Please be sure to provide all information requested.
Bank&account information,whether it is a saving or checking account.For the typical checking accounts,the account information is located similar to the
sample business or personal checks below:
Saw.yb t nsan.'thick Sa9,pMb ni•Oll S Chet*
''Milt. ire: ::'4 .tta..u �yr **Mum 1 /
a4u ap bon
:a�.� .. .._.
..., a. I s..a
± , px
x.:1141 ¢h}c.a-Rk c*t ,74*-- 'Kg ri�'.�'.' ,.. **"..n..?".....-_'."' _r...._....__""
�:..0°.•_ {"t«�x.. »a re«.A.,o.,e. u,..xtixam *w.. ..,.. Oat n..,e.«
JOHN DEERE FINANCIAL DIRECT PAY-RECURRING AUTHORIZATION FORM
My signature below authorizes Deere Credit Services, Inc. and its affiliates, (the Company),to initiate debit entries to the
checking/savings account below for the regularly scheduled payments or other amounts that I may owe the Company.This authorization
is to remain in full force and effect until canceled by the Company, or by written notification from me,given in such time and manner as to
allow the Company a reasonable opportunity to act upon it.
If your account is closed due to an Add-On transaction,consolidation or corrected loan agreement and you have Direct Pay-Recurring,
your enrollment and banking information will be transferred to your new account.
030-0057622
Bank Name John Deere Financial Account Number
WELD COUNTY
Bank City&State Name on John Deere Financial Account
Name on Bank Account Social Security Number/Federal Tax ID
9 digit Bank Routing and Transit# Type of Account: n Checking n Savings
I request Direct Pay Recurring to begin with my
Bank Account Number payment due / /
I understand any payment due prior to the month I requested above, must be made in order to be eligible for Direct Pay
Recurring.
Bank Account Owner Signature Date Bank Account Owner Phone Number
Federal/State Agency
and Indian Tribe
Claim for Exemption of
State and Local Sales/Use Tax
Purchaser
Name: WELD COUNTY
Address: 1150 O ST, GREELEY, CO 80631
ID Number (If Applicable):
Seller
Name: Deere Credit Inc.
Address: 6400 NW 86th St. Johnston, IA 50131
Exemption Number (if applicable):
Reason for Exemption: MUNICIPALITY
Description of Item Being Purchased:
2015 JD 772GP MOTOR GRADER 1DW772GPPFF666778
By signing below, purchaser certifies that the items being purchased are exempt from state and local sales tax.
By: Q
Title: don d-n I/e.r
Date: a d r5
Telephone Number: q70 35t,'S
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2011 App 11885961
I JOHN DEERE Lease Schedule
FINANCIAL Lease Schedule No. 030-0057622-025
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name&Address) 1150 O ST, GREELEY,CO 80631
DEERE CREDIT, INC.
Lessor: 6400 NW 86th ST, PO BOX 6600,JOHNSTON, IA 50131-6600
#Of Total Lease Purchase
Lease Term Start Date Lease Term End Date Lease Payment *Sales/Use Tax
Payments Payment Option Price
02/09/2015 02/09/2018 36 $1,400.00 $0.00 $1,400.00 $226,286.93
*If part of the regular scheduled lease payment
RENEWAL TERM
wow c s 'tease § tisinfiN STedraffiiis
11: ° ' ` ,r. ,r... L�5d , .. .:p111burtt . ..m.. . :....... r':� t Ym :OpEtcn`Pticiti
PAYMENT TERMS PAYMENT DUE AT SIGNING
Due Date 1st Payment Due Discount Rate Advance Lease Payment' $1,400.00
Date
09 02/09/2015 Internal Rate of Return minus 2 percent(2%) Origination Fee $0.00
Billing Period Irregular Payments Security Deposit $0.00
®Monthly Total Due At Signing $ 1,400.00
❑Quarterly
❑Semi-Annual
❑Annual **Advance Lease Payment includes the first(1)and last(0)
❑ Irregular Lease Payment(s)
"Master Agreement" shall mean the above referenced Master Lease Agreement. "Schedule" shall mean this Lease Schedule. "Lease" shall mean this
Schedule and the Master Agreement. All of the terms and conditions set forth in the Master Agreement and any amendment, addendum, schedule or
attachment thereto or hereto including, but not limited to,the Equipment Return Provisions are hereby incorporated into and made a part of this Schedule.
Lease Payments. You agree to remit the Lease Payments (and applicable sales, use and property taxes) on the dates noted above and all other amounts
when due to: DEERE CREDIT,INC.,P.O. Box 4450,Carol Stream, IL 60197-4450.
Hourly Charges. You certify that the hour meter reading on each item of Equipment is accurate as of the date you sign this Schedule. If you use any Equipment
during the Lease Term for more than the Hourly Limit indicated above for that item of Equipment, you will pay to us within 10 days of the Lease Term End Date
(or any earlier termination of the Lease)an amount equal to the Excess Hour Charge for that item of Equipment for each hour in excess of the Hourly Limit. If
the Lease is terminated,cancelled or extended for any reason,the Hourly Limit will be prorated by us in our sole discretion.
Purchase Option. You may purchase the Equipment on the Lease Term End Date (or the Renewal Term End Date)for the applicable Purchase Option Price
(plus applicable Taxes including estimated property taxes), provided (1) you are not in default; and (2) we receive the Purchase Option Price and any other
amounts you owe us on or before the Lease Term End Date(or the Renewal Term End Date). Upon receipt of the Purchase Option Price,we will transfer to you
all of our right,title and interest in such item(s)of Equipment AS-IS,WHERE-IS,WITHOUT ANY WARRANTY AS TO CONDITION OR VALUE.
Renewal Term. If(1)a Renewal Term is provided for above,and(2)you notify us at least sixty(60)days prior to the end of the Lease Term that you
intend to renew the Lease for the Renewal Term,the Lease shall renew for the Renewal Term. You agree to remit to us the Renewal Lease Payments
indicated above(plus applicable taxes and other amounts)when due and payable each Billing Period,even if we do not send you a bill or an invoice.
Representations and Warranties. You represent and warrant to us, as of the date you signed this Schedule,that(1)the Equipment was selected by you; (2)
the Equipment (including all manufacturer manuals and instructions) has been delivered to, and examined by, you; (3) the safe operation and the proper
servicing of the Equipment were explained to you; (4)you received the written warranty applicable to the Equipment and understand that your rights under the
written warranty may be limited; (5)the Equipment is unconditionally and irrevocably accepted by you as being suitable for its intended use;(6)the Equipment is
in good condition and repair (operating and otherwise); (7)the Equipment shall be used only for the purpose indicated herein; (8) except as disclosed to us,
neither you nor any person related to you will have an equity interest in the Equipment on the Lease Term Start Date; and(9)all information provided to us by you is
true and correct.
You acknowledge and agree that: (1)we did not select, manufacture or supply any of the Equipment; (2)we acquired the Equipment at your direction; (3)
you selected the supplier of the Equipment; (4)you are entitled to all manufacturer warranties("Warranty Rights")and we assign all Warranty Rights to you,to
the extent assignable; (5)you may request an accurate and complete statement of the Warranty Rights, including any disclaimers and limitations, directly from
the manufacturer; and (6)you assign to us all your rights (but none of your obligations) under all purchase orders, purchase agreements or similar documents
relating to the Equipment. You waive all rights and remedies conferred upon a lessee under Sections 508—522 of Article 2A of the Uniform Commercial Code.
Lease Payments may be based on the assumption that we will be entitled to certain tax benefits as the owner of the Equipment. If you take or fail to take
any action that results in a loss of such tax benefits,you will pay us,on demand,the amount we calculate as the value of such lost tax benefits.
Universal Governmental MLA Operating Lease stated Purchase Option Nov 152013 App 11885930 2G/
cilia
_J' /5)
Miscellaneous. You agree that we can access any information regarding the location, maintenance, operation and condition of the Equipment, and you
irrevocably authorize anyone in possession of such information to provide all of that information to us upon our request. You also agree to not disable or
otherwise interfere with any information-gathering or transmission device within or attached to the Equipment. You permit us to monitor and record telephone
conversations between you and us. By providing any telephone number, including a mobile phone number,to us, any of our affiliates or any debt collectors we
retain,we, such affiliates and such retained debt collectors can contact you using that number, including calls using an automatic dialing and announcing device
and prerecorded calls, and that such calls are not"unsolicited" under state or federal law. All of our rights under each Lease shall remain in effect after the
expiration of the Lease Term or termination of the Schedule.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 152013 App 11885930
(Page 7 of 18)
t.-.
Lease Schedule— Equipment List --J
Supplier 4 RIVERS EQUIPMENT,LLC
(Name&Atltlroac) 685 EAST ENTERPRISE DR.,PUEBLO WEST,CO 81007
EQUIPMENT INFORMATION
Hour HourExcess
Year Make Model Equipment Description Serial Number Meter Limit Hour Payment POptio e
Charge
2015 JD 772GP MOTOR GRADER 1DW772GPPFF6 2 2000/YR $58.30/HR
66778 $1,660.00 $208,008.84
Equipment 1399 N 17TH AVE.GREELEY,CO,80631
Location OUTSIDE city limits:® WELD COUNTY
BY SIGNING THIS SCHEDULE,YOU AGREE TO ALL OF THE TERMS AND CONDITIONS OF THIS SCHEDULE AND THE MASTER AGREEMENT.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150 O ST LESSOR 6400 NW 861h ST,PO BOX 6600
GREELEY,CO 80631 JOHNSTON,IA 501 - 600
Mike Freeman, Pro-Tem
BOARD OF WELD COUNTY
COMMISSIONERS
♦FEB 1 8 2015
Date Date 457/
RECEIVED
FEB 2 7 2015
DEERE CREDIT, I`NC\\\.
Universal Governmental MLA Operating Lease Stated Purheee Option Nov 15 2013 App 11885961 q '/ _ (j^(�/ 1
(Page 8 of 19)
• t.�
tJ
OM JOHN DEERE Equipment Return Provisions rt
FINANCIAL Lease Schedule No. 030-0057622-025
Master Lease Agreement No. 0057622 -o
Lessee: WELD COUNTY
(Name&Address) 1150 0 ST,,GREELEY,CO 80631
Lessor: DEERE CREDIT,INC.
6400 NW 86th ST,PO BOX 6600,JOHNSTON,IA 50131-6600
The following Equipment Return Provisions are hereby incorporated into and made a part of the above referenced Master Lease Agreement(the"Master
Agreement"),and entered into between Deere Credit,Inc..as Lessor("us","we"or"our"),and WELD COUNTY,as Lessee("you"or"your"). Pursuant to
Section 9 of the Master Lease Agreement,all Equipment must be returned to us in satisfactory condition. Unsatisfactory condition shall include any condition
described in Sections 1 through 4 below("Excessive Wear and Tear").
1. Mechanical.
A. Computer systems or safety and emission control equipment not in proper working order.
B. Mechanical components that are missing, broken or unsafe or that do not operate normally, other than normal tune-ups, given the age of the
equipment.
C. Wear on power train assembly that exceeds manufacturer's then current standards for normal wear and tear.
D. Any air filters not within manufacturer's specifications.
E. Any gauges or fluid indicators that are damaged or do not function,the electrical system fails to operate properly, the battery fails to hold a charge or
any wire harnesses that are not tied down and kept secured,dry and clean.
F. Any pumps, motors, valves or cylinders not in good operating condition or that fail to meet manufacturer's rated specifications or hydraulic system
exceeds manufacturer's then-current contaminant standards (as shown by oil sample analysis). Equipment not serviced according to the
manufacturer's operating manual.
G. Any lubricant,water or A/C seal leaks.
2. Exterior.
A. Dents larger than 2 inches in diameter.
B. Excessive number of dents or scratches.
C. Any scratch 8"or longer that reaches the metal skin.
D. Any single chip the size of a quarter or larger or multiple small chips within one square foot.
E. Substandard paint repairs,such as peeling,bubbling or mismatched shades that evidence poor condition in comparison with original paint and require
repainting at a cost in excess of$200.
F. Rust holes in the body metal or a rust spot that covers more than a 4-inch square area.
G. Any glass that must be replaced due to cracks or missing glass and any windshield damages greater than$50 in amount.
H. All frame damage and substandard frame repairs.
I. Any tires or tracks that(a)have broken side walls or excessive cuts or damages,or(b)have less than 50%of the original useful life remaining,or(c)
are not of the same size,type grade or equivalent quality manufacturer as were originally included on the Equipment.
3. CablOperator Platform.
A. Heavy interior soil or strong odors,such as manure,that cannot be removed by general cleaning.
B. Unclean condition of operator environment.
C. Holes,tears,or burns on the dash,floor covers,seats,headliners,upholstery or interior.
4. Genera(.
A. Equipment not operated or maintained in accordance with the manufacturer's specifications or if components,fuels or fluids, on or in connection with
the Equipment that do not meet manufacturer's standards were used.
B. Any other damage that in the aggregate costs$250 or more to repair or that makes the Equipment unlawful or unsafe to operate.
5. Other.
A. All warranty and PIP work must be completed prior to the Lease Term End Date of the Lease Schedule relating to the Equipment.
B. The Equipment must be cleaned prior to its return.
6. tiour Meter. For each item of Equipment returned with a broken or missing hour meter, you shall accept an invoice from us and remit to us an amount
equal to$1,000. You agree that the hour meter included with the Equipment is conclusive of the number of hours of Equipment use.
7. lir voIces for Excess Wear And Tear. Upon any return of the Equipment,we shall,in our sole discretion,determine the existence of any Excessive Wear
and Tear. In the event any item of Equipment is returned to us with Excessive Wear and Tear,you shall,at our sole discretion,either(i)accept an invoice
from us and remit to us the cost of repairing or replacing the affected component(s)which we determine necessary to return the Equipment to its required
condition,and/or(ii)accept an invoice from us and remit to us an amount equal to our estimate of(1)the cost of new tires or tracks if the tires or tracks are
damaged due to broken side walls or excessive cuts or damage,or(2)the cost of new tires or tracks multiplied by the difference between (A)our estimate
of the percentage of the useful life of the tires and tracks then remaining,and(B)fifty percent(50%). For example,if you return Equipment with tires having
20%of their useful life remaining,you would remit to us an amount equal to 30%of the cost of new tires((50%-20%)multiplied by the cost of new tires).
Your failure to remit the re.uired •a ment to us within ten 10 da s of demand shall constitute a default b ou under the terms of the Lease.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150 0 ST LESSOR 6400 NW 86'h ST,PO BOX 6600
GREELEY,CO 80631 JOHNSTON Ig.5t11 -66 0
By: si - By: 't ;)
Mike Freeman, Pro-Tem [ �D
BOARD OF WELD COUNTY
COMMISSIONERS 2.M5
21
Date: 4 FEB 1 8 2015 Date: ' r9 '/ - FeU
/
IpccRE CBE-1)11'i •
iv u"
Universal Governmental MLA Operating Lease Stated Purchase Opllon Nov is 2017 App 11885930
02 0/ -c2tOJ'(6-)
(Page 9 of 19)
Y.J( ) ..J
JOHN DEERE Delivery and Acknowledgment
FINANCIAL Lease Schedule No. 030-0057622-025
Lf
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name&Address) 1150 O ST,,GREELEY,CO 80631
Lessor: DEERE CREDIT, INC.
6400 NW 86 ST,PO BOX 6600,JOHNSTON, IA 50131-6600
Capitalized terms shall have the meanings set forth in the above referenced Master Lease Agreement.
Lessee hereby represents and warrants that: (1) all of the Equipment more fully described in the above referenced Lease Schedule was
selected by Lessee; (2) all of the Equipment and the Operator's Manuals have been delivered to, and received by, Lessee; (3) all of the
Equipment has been inspected by Lessee and is in good working order; (4)all of the Equipment is unconditionally and irrevocably accepted
by Lessee for all purposes under the Lease; (5) the safe operation and the proper servicing of the Equipment have been explained to
Lessee; (6) Lessee received the manufacturer's written warranty applicable to the Equipment and Lessee understands that its rights are
subject to the limitations outlined therein; (7) no Event of Default has occurred and is continuing; and(8)no material adverse change in the
financial or business condition of Lessee has occurred since the date of the last financial statement submitted to Lessor by Lessee.
Signed by Lessee's duly authorized representative on the date shown below.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150 0 ST LESSOR 6400 N.W.86'"STREET,PO BOX 6600
GREELEY,CO 80631 JOHNSTON,IA 50131-6600
By. _eh. By.
Mike reeman, Pro-Tem
BOARD OF WELD COUNTY
COMMISSIONERS
Date: FEB 18 2015 Date: s-79/1(t'
RECEIVED
FEB 2"I 2015
DEERECREDC INC.
App 11885930
Universal Governmental MLA Operating Lowe Stated Purchase Option Nov 15 2013 �O/4„_ ,� (i�(/��
(Page 10 of 19)O JOHN DEERE Property Tax Acknowledgment
P Y 9 to
FINANCIAL Lease Schedule No. 030-0057622-025
Master Lease Agreement No. 0057622 :.Z
Lessee: WELD COUNTY
(Nerve&Address) 1150 O ST,,GREELEY,CO 80631
DEERE CREDIT,INC.
Lessor: 6400 NW 861h ST,PO BOX 6600,JOHNSTON,IA 50131-6600
As Lessor and Owner of the equipment, Deere Credit, Inc. is responsible for filing and paying property tax to the
appropriate taxing authority. Lessee should not report this equipment on their property tax return.
Lessor will bill Lessee for property taxes upon receipt of an assessment from the taxing authority. Lessee will reimburse
Lessor for property taxes upon receipt of an invoice from John Deere Financial. Please refer to section 3 of the Master
Lease Agreement for further information.
The equipment listed on the attached Master Lease Schedule — Equipment List will be reported to the following taxing
jurisdiction(s).
1399 N 17TH AVE X Check here if OUTSIDE city limits
Street Address
GREELEY CO 80631 WELD
City State Zip County
PLEASE VALIDATE THE ABOVE INFORMATION &MAKE APPLICABLE CHANGES BELOW:
[ ] Check here if OUTSIDE city limits
Street Address
City State Zip County
Check here if Sales/Use Tax Exempt Check here if Property Tax Exempt
Equipment Usage:
Percentage of Time:
The undersigned (the"Lessee")acknowledges that they have verified the equipment location listed above; understands
that the Lessor will file and pay property taxes and that the Lessee is required to reimburse Lessor upon receipt of an
invoice for property taxes. Failure to reimburse Lessor for property taxes shall constitute an Event of Default as described
in Section 10 of the Lease.
WELD COUNTY
1150 O ST
GREELEY,CO 80631
By'. r
Mike Freeman, ProTeat-OARDOF
WELD COUNTY COMMISSIONERS
Date. * FEB 1 2015
RECEIVED
FEB 21 2015
DEERE CREDI1.,INC.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 16 2013 App 118B5930
;oil d6')f(5)
JOHN DEERE Physical Damage/Liability Insurance
FINANCIAL_ Lease Schedule No. 030-0057622-025
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name&Address) 1150 0 ST, ,GREELEY,CO 80631
DEERE CREDIT, INC.
Lessor: 6400 NW 86th ST, PO BOX 6600, JOHNSTON, IA 50131-6600
LIABILITY INSURANCE on the above referenced Lease Schedule (the Schedule") to the above referenced Master Lease
Agreement will be provided by the following insurance agency:_
Name of Agency. Phone Number of Agency:
County Technical Services, Inc. 303-861-0507
Mailing Address of Agency Fax Number of Agency
800 Grant Street, #400, Denver, CO 80203 303-861-2832
PHYSICAL DAMAGE INSURANCE on the Schedule will be provided by the following agency:
Name of Agency: Phone Number of Agency:
County Technical Services, Inc. 303-861-0507
Mailing Address of Agency Fax Number of Agency
800 Grant Street, #400, Denver, CO 80203 303-861-2832
If an insurance certificate is available, it should be provided in place of the above information
ADDITIONAL INSURED and LOSS PAYEE:
Deere Credit, Inc.
Its Successors &/or Assigns
6400 NW 86th St
Johnston, IA 50131
The undersigned agrees and understands that, pursuant to the provisions of Section 6 of the Master Lease Agreement, the undersigned
must at all times (1) maintain public liability insurance, covering personal injury and property damage for not less than $1,000,000 per
occurrence, naming us (and our successors and assigns) as additional insured; and (2) keep the Equipment insured against all risks of
physical damage for no less than its Termination Value (as such term is defined in Section 7 of the Master Lease Agreement), naming us
and our successors and assigns)as sole loss payee.
WELD COUNTY
LESSEE 1150 0 ST
GREELEY, CO 80631
By: f
Mike Freeman, Pro-Tem
BOARD OF WELD COUNTY
COMMISSIONERS
Date: ,. FEB 1 8 2015
Office Use Only
Contact Date(s): Contact Name:
Liability Insurance Company Policy#: Liability Insurance Expiration Date
- Liability Limits: Notes:
Physical Damage Insurance Company and Policy# Physical Damage Insurance Expiration Date
Insured Value: Notes:
Loss Payee Deere Credit,Inc.? Verified By:
Yes ,Will Be Added
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885930 / }
o?D/'51- .�Li( �/
JOHN DEERE
FINANCIAL Advance Lease Payment Invoice
Due Date: 02/09/2015
Total Due: $1,400.00
Billing Address: Updated Billing Information:
WELD COUNTY
BARB CONNOLLY
PO BOX 758
GREELEY, CO 80632
Please Note: All future invoices will be sent to the billing address shown unless you update your billing information above.
Master Lease Agreement 005762
Number
Advance
RentalfTax Security Origination
App# Mfg. Model# Serial Number Due Date Lease
Amount Deposit Fee
Payment
11885930 JD 772GP 1DW772GPTEF6 02/09/2015 $1,400.00 $0.00 $0.00 $1,400.00
65675
Correspondence Only: Remit Checks Payable To:
Deere Credit, Inc. Deere Credit, Inc.
Attn: Lease Administration Attn: Acct. Dept. —ALP Processing
PO Box 6600 PO Box 6600
Johnston, IA 50131-6600 Johnston, IA 50131-6600
Phone: (800) 771-0681 — select "lease" prompt"
Fax: (800) 254-0020 Lease issues only
TO ENSURE PROPER CREDIT, STAPLE CHECK AND RETURN THIS INVOICE WITH THE LEASE DOCUMENTS.
•
STAPLE ADVANCE LEASE PAYMENT CHECK HERE
Every Dishonored Check will result in a fee of$20.00 or an amount not to exceed the highest amount permitted by law.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885930
John Deere Financial Direct Pay-Recurring Enrollment
For Credit Card accounts and Installment Loans
Fax 800-826-9527
Or Mail: John Deere Financial,Attn: Payment Specialist, PO Box 5327, Madison,WI 53705
Lease
Fax to 800-254-0020
Or Mail:John Deere Financial,Attn: Lease Dept, PO Box 6600,Johnston, IA 50131-6600
Eligibility
Your account with John Deere Financial must be current in order to enroll for the Direct-Pay Recurring payment option.Your account with your financial
institution must allow automatic withdrawals.
How to Enroll
Complete and sign the authorization form below. Please be sure to provide all information requested.
Bank&account information,whether it is a saving or checking account. For the typical checking accounts,the account information is located similar to the
sample business or personal checks below:
....spit Personal Shack Sample kasleen 6heek
44.•k.flea.** ...� (A a` m
now.........wM SW •w Y *a.01084:611i
_ `♦
w
touts... kn7":""'4- ..
+4— x Sea an
an 456 5. g,,,M• 1:. „:",,,± 2,..0,-..,--
fi
AevM MNap .aeua... .iwa+wn.n ^re,1,4,,,,1,4,,, e w Mega:
JOHN DEERE FINANCIAL DIRECT PAY-RECURRING AUTHORIZATION FORM
My signature below authorizes Deere Credit Services, Inc. and its affiliates, (the Company),to initiate debit entries to the
checking/savings account below for the regularly scheduled payments or other amounts that I may owe the Company.This authorization
is to remain in full force and effect until canceled by the Company, or by written notification from me, given in such time and manner as to
allow the Company a reasonable opportunity to act upon it.
If your account is closed due to an Add-On transaction, consolidation or corrected loan agreement and you have Direct Pay-Recurring,
your enrollment and banking information will be transferred to your new account.
030-0057622
Bank Name John Deere Financial Account Number
WELD COUNTY
Bank City&State Name on John Deere Financial Account
Name on Bank Account Social Security Number/Federal Tax ID
9 digit Bank Routing and Transit# Type of Account: n Checking n Savings
I request Direct Pay Recurring to begin with my
Bank Account Number payment due _/ /
I understand any payment due prior to the month I requested above, must be made in order to be eligible for Direct Pay
Recurring.
Bank Account Owner Signature Date Bank Account Owner Phone Number
Federal/State Agency
and Indian Tribe
Claim for Exemption of
State and Local Sales/Use Tax
Purchaser
Name: WELD COUNTY
Address: 1150 O ST, GREELEY, CO 80631
ID Number (If Applicable):
Seller
Name: Deere Credit Inc.
Address: 6400 NW 86th St. Johnston, IA 50131
Exemption Number (if applicable):
Reason for Exemption: MUNICIPALITY
Description of Item Being Purchased:
2015 JD 772GP MOTOR GRADER 1DW772GPTEF665675
By signing below, purchaser certifies that the items being purchased are exempt from state and local sales tax.
By: (aaae%ua. (�)�Y'/.,4
Title: ConIro4W
Date: a113.J15
Telephone Number: 97o 361.0-40a)
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885930
JOHN DEERE Lease Schedule
FINANCIAL Lease Schedule No. 030-0057622-028
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name S Address) 1150 O ST, ,GREELEY,CO 80631
DEERE CREDIT, INC.
Lessor: 6400 NW 86th ST,PO BOX 6600,JOHNSTON, IA 50131-6600
LEASE TERM
Of Total Lease Purchase
Lease Term Start Date'' Lease Term End Date Lease Payment "Sales/Use Tax
Payments Payment Option Price
02/22/2015 02/22/2018 36 $1,700.00 $0.00 $1,700.00 $214,767.24
'If part of the regular scheduled lease payment
'ENEW'L TE'M
WYj" ; '-. wt .xataa .1 ( y y, yc r w .. . -'"'"'"'-"*- b, -+, ajtriaRili
-,� zi .,'. .. R1:�. " :,,... 1:" ..,.L �u _..Att7 ::_., _....�'v:.E.�,* �. ... ....'St414 '�: ... a*a1�Prfca':�
• YMENT TE'MS •AYMENT UE AT SIGNING
Due Date 1"Payment Due Discount Rate Advance Lease Payment" $1,700.00
Date
22 02/22/2015 Internal Rate of Return minus 2 percent(2%) Origination Fee $0.00
Billing Period Irregular Payments Security Deposit $0.00
RI Monthly Total Due At Signing $ 1,700.00
❑Quarterly
❑Semi-Annual
❑Annual "Advance Lease Payment includes the first(1)and last(0)
❑Irregular Lease Payment(s)
"Master Agreement" shall mean the above referenced Master Lease Agreement. "Schedule" shall mean this Lease Schedule. "Lease" shall mean this
Schedule and the Master Agreement. All of the terms and conditions set forth in the Master Agreement and any amendment, addendum, schedule or
attachment thereto or hereto including,but not limited to,the Equipment Return Provisions are hereby incorporated into and made a part of this Schedule.
Lease Payments. You agree to remit the Lease Payments (and applicable sales, use and property taxes) on the dates noted above and all other amounts
when due to:DEERE CREDIT,INC.,P.O.Box 4450,Carol Stream,IL 60197-4450.
Hourly Charges. You certify that the hour meter reading on each item of Equipment is accurate as of the date you sign this Schedule. If you use any Equipment
during the Lease Term for more than the Hourly Limit indicated above for that item of Equipment,you will pay to us within 10 days of the Lease Term End Date
(or any earlier termination of the Lease)an amount equal to the Excess Hour Charge for that item of Equipment for each hour in excess of the Hourly Limit. If
the Lease is terminated,cancelled or extended for any reason,the Hourly Limit will be prorated by us in our sole discretion.
Purchase Option. You may purchase the Equipment on the Lease Tem, End Date(or the Renewal Term End Date)for the applicable Purchase Option Price
(plus applicable Taxes including estimated property taxes), provided (1) you are not in default; and (2) we receive the Purchase Option Price and any other
amounts you owe us on or before the Lease Term End Date(or the Renewal Term End Date). Upon receipt of the Purchase Option Price,we will transfer to you
all of our right,title and interest in such item(s)of Equipment AS-IS,WHERE-IS,WITHOUT ANY WARRANTY AS TO CONDITION OR VALUE.
Renewal Term. If(1)a Renewal Term is provided for above,and(2)you notify us at least sixty(60)days prior to the end of the Lease Term that you
intend to renew the Lease for the Renewal Term,the Lease shall renew for the Renewal Term. You agree to remit to us the Renewal Lease Payments
indicated above(plus applicable taxes and other amounts)when due and payable each Billing Period,even if we do not send you a bill or an invoice.
Representations and Warranties. You represent and warrant to us, as of the date you signed this Schedule,that(1)the Equipment was selected by you; (2)
the Equipment (including all manufacturer manuals and instructions) has been delivered to, and examined by, you; (3) the safe operation and the proper
servicing of the Equipment were explained to you; (4)you received the written warranty applicable to the Equipment and understand that your rights under the
written warranty may be limited; (5)the Equipment is unconditionally and irrevocably accepted by you as being suitable for its intended use;(6)the Equipment is
in good condition and repair (operating and otherwise); (7) the Equipment shall be used only for the purpose indicated herein; (8) except as disclosed to us,
neither you nor any person related to you will have an equity interest in the Equipment on the Lease Term Start Date; and(9)all information provided to us by you is
true and correct.
You acknowledge and agree that: (1)we did not select, manufacture or supply any of the Equipment; (2)we acquired the Equipment at your direction; (3)
you selected the supplier of the Equipment; (4)you are entitled to all manufacturer warranties("Warranty Rights")and we assign all Warranty Rights to you,to
the extent assignable; (5)you may request an accurate and complete statement of the Warranty Rights, including any disclaimers and limitations,directly from
the manufacturer; and (6)you assign to us all your rights (but none of your obligations)under all purchase orders, purchase agreements or similar documents
relating to the Equipment. You waive all rights and remedies conferred upon a lessee under Sections 508—522 of Article 2A of the Uniform Commercial Code.
Lease Payments may be based on the assumption that we will be entitled to certain tax benefits as the owner of the Equipment. If you take or fail to take
any action that results in a loss of such tax benefits,you will pay us,on demand,the amount we calculate as the value of such lost tax benefits.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885966 `/V, eic V V (o>
Miscellaneous. You agree that we can access any information regarding the location, maintenance, operation and condition of the Equipment, and you
irrevocably authorize anyone in possession of such information to provide all of that information to us upon our request. You also agree to not disable or
otherwise interfere with any information-gathering or transmission device within or attached to the Equipment. You permit us to monitor and record telephone
conversations between you and us. By providing any telephone number, including a mobile phone number,to us, any of our affiliates or any debt collectors we
retain,we,such affiliates and such retained debt collectors can contact you using that number, including calls using an automatic dialing and announcing device
and prerecorded calls, and that such calls are not"unsolicited"under state or federal law. All of our rights under each Lease shall remain in effect after the
expiration of the Lease Term or termination of the Schedule.
universal Governmental MLA Operating Lease stated Purchase Option Nov 15 2013 App 11885966
(Page 7 of 19)
Lease Schedule —Equipment List
Supplier 4 RIVERS EQUIPMENT, LLC
(Namo a Adm.) 685 EAST ENTERPRISE DR.,PUEBLO WEST,CO 81007 `J i
EQUIPMENT INFORMA ION
Year Make Model Hour Hour Excess Purchase.,
Equipment Description Serial Number Meter Limit Hour Payment Option
Charge
2015 JD 772GP MOTOR GRADER 1DW772GPTEF6 2 1500/YR $58.30/HR
65675 $1,400.00 $226,286.93
,
Equipment 1399 N 17TH AVE.GREELEY,CO,80631 OUTSIDE city limits:® WELD COUNTY
Location
BY SIGNING THIS SCHEDULE,YOU AGREE TO ALL OF THE TERMS AND CONDITIONS OF THIS SCHEDULE AND THE MASTER AGREEMENT.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 11500 ST LESSOR 6400 NW 86th ST,PO BOX 6600
GREELEY,CO 80631 JOHNSTON,IA 50131-6600
By: _+ .C By: t• � R
Mike Freeman, Pro-Tem
BOARD OF WELD COUNTY
COMMISSIONERS
Date: FEB 1 8 2015 .-3/9/11S
Date:
RECEIVED
FEB 21 2015
DEERE CREDIT,INC.
Universe,Government*,MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885930 a a`i _, c fez/6 )
•
(Page 8 of 19)
tJ
JOHN DEERE Equipment Return Provisions
FINANCIAL Lease Schedule No. 030-0057622-025
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
(Name&Address) 1150 O ST,,GREELEY,CO 80631
DEERE CREDIT,INC.
Lessor: 6400 NW 86'"ST,PO BOX 6600,JOHNSTON,IA 50131-6600
The following Equipment Return Provisions are hereby incorporated into and made a part of the above referenced Master Lease Agreement(the"Master
Agreement"),and entered into between Deere Credit,Inc.,as Lessor("us","we"or"our),and WELD COUNTY,as Lessee("you"or"your). Pursuant to
Section 9 of the Master Lease Agreement,all Equipment must be returned to us in satisfactory condition. Unsatisfactory condition shall include any condition
described in Sections 1 through 4 below("Excessive Wear and Tear").
1. Mechanical.
A. Computer systems or safety and emission control equipment not in proper working order.
B. Mechanical components that are missing, broken or unsafe or that do not operate normally, other than normal tune-ups, given the age of the
equipment.
C. Wear on power train assembly that exceeds manufacturer's then current standards for normal wear and tear.
O. Any air filters not within manufacturers specifications.
E. Any gauges or fluid Indicators that are damaged or do not function,the electrical system fails to operate properly,the battery fails to hold a charge or
any wire harnesses that are not tied down and kept secured,dry and clean.
F. Any pumps, motors, valves or cylinders not in good operating condition or that fail to meet manufacturer's rated specifications or hydraulic system
exceeds manufacturer's then-current contaminant standards (as shown by oil sample analysis). Equipment not serviced according to the
manufacturer's operating manual.
G. Any lubricant,water or A/C seal leaks.
2. Exterior.
A. Dents larger than 2 inches in diameter.
B. Excessive number of dents or scratches.
C. Any scratch 8"or longer that reaches the metal skin.
D. Any single chip the size of a quarter or larger or multiple small chips within one square foot.
E. Substandard paint repairs,such as peeling,bubbling or mismatched shades that evidence poor condition in comparison with original paint and require
repainting at a cost in excess of$200.
F. Rust holes in the body metal or a rust spot that covers more than a 4-inch square area.
G. Any glass that must be replaced due to cracks or missing glass and any windshield damages greater than$50 in amount,
H. All frame damage and substandard frame repairs.
I. Any tires or tracks that(a)have broken side walls or excessive cuts or damages,or(b)have less than 50%of the original useful life remaining,or(c)
are not of the same size,type grade or equivalent quality manufacturer as were originally included on the Equipment.
3. Cab/Operator Platform.
A. Heavy interior soil or strong odors,such as manure,that cannot be removed by general cleaning.
B. Unclean condition of operator environment.
C. Holes,tears,or burns on the dash,floor covers,seats,headliners,upholstery or interior.
4. General.
A. Equipment not operated or maintained in accordance with the manufacturers specifications or if components,fuels or fluids, on or in connection with
the Equipment that do not meet manufacturer's standards were used.
B. Any other damage that in the aggregate costs$250 or more to repair or that makes the Equipment unlawful or unsafe to operate.
5. Ottrer.
A. All warranty and PIP work must be completed prior to the Lease Term End Date of the Lease Schedule relating to the Equipment.
B. The Equipment must be cleaned prior to its return.
6. )lour meter. For each item of Equipment returned with a broken or missing hour meter,you shall accept an invoice from us and remit to us an amount
equal to$1,000. You agree that the hour meter included with the Equipment is conclusive of the number of hours of Equipment use.
7. invoices for Excess Wear And Tear. Upon any return of the Equipment,we shall,in our sole discretion,determine the existence of any Excessive Wear
and Tear. In the event any item of Equipment is returned to us with Excessive Wear and Tear,you shall,at our sole discretion,either(i)accept an invoice
from us and remit to us the cost of repairing or replacing the affected component(s)which we determine necessary to return the Equipment to its required
condition,and/or(ii)accept an invoice from us and remit to us an amount equal to our estimate of(1)the cost of new tires or tracks if the tires or tracks are
damaged due to broken side walls or excessive cuts or damage,or(2)the cost of new tires or tracks multiplied by the difference between (A)our estimate
of the percentage of the useful life of the tires and tracks then remaining,and(B)fifty percent(50%). For example.if you return Equipment with tires having
20%of their useful life remaining,you would remit to us an amount equal to 30%of the cost of new tires((50%-20%)multiplied by the cost of new tires).
Your failure to remit the re•uired •a ment to us within ten 10 da s of demand shall constitute a default b ou under the terms of the Lease.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150 O ST LESSOR 6400 NW 86'"ST, PO BOX 6600
GREELEY,CO 80631 JOHNSTON 0
By: NI _ By: ,En
Mike Freeman, Pro-Tem r[V
BOARD OF WELD COUNTY
COMMISSIONERS 21
2,1315
Date' I» FEB 1 8 2015 3/9 I ? ID
Date:
cUiiv�.
Universal Governmental NLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885930ciLE CRE ir:2 }
(Page 9 of 19)
h.�
r...i
JOHN DEERE Delivery and Acknowledgment Ln
FINANCIAL Lease Schedule No. 030-0057622-025
Master Lease Agreement No. 0057622
Lessee: WELD COUNTY
)Name&Address) 1150 O ST,,GREELEY,CO 80631
DEERE CREDIT, INC.
Lessor: 6400 NW 86"ST,PO BOX 6600,JOHNSTON,IA 50131-6600
Capitalized terms shall have the meanings set forth in the above referenced Master Lease Agreement.
Lessee hereby represents and warrants that: (1) all of the Equipment more fully described in the above referenced Lease Schedule was
selected by Lessee; (2) all of the Equipment and the Operator's Manuals have been delivered to, and received by, Lessee; (3) all of the
Equipment has been inspected by Lessee and is in good working order; (4)all of the Equipment is unconditionally and irrevocably accepted
by Lessee for all purposes under the Lease; (5) the safe operation and the proper servicing of the Equipment have been explained to
Lessee; (6) Lessee received the manufacturer's written warranty applicable to the Equipment and Lessee understands that its rights are
subject to the limitations outlined therein; (7) no Event of Default has occurred and is continuing;and(8)no material adverse change in the
financial or business condition of Lessee has occurred since the date of the last financial statement submitted to Lessor by Lessee.
Signed by Lessee's duly authorized representative on the date shown below.
WELD COUNTY DEERE CREDIT,INC.
LESSEE 1150 O ST LESSOR 6400 N.W.861h STREET,PO BOX 6600
GREELEY,CO 80631 JOHNSTON, IA 50131-6600
•
By: _in► :1 pp By:
Mike 1 reeman, Pro-Tem
BOARD OF WELD COUNTY
COMMISSIONERS
Date: FEB 1 8 2015 Date:
RECEIVE°
FEB 21 2015
DEERE GREW,INC.
Universal Governmental MLA Operating Lease Stated Purchase Option Nov 15 2013 App 11885930 020/4_014-Z.4(-4
'-cl
MEMORANDUM
I
111 al ' TO;Board of Commissioners DATE'September 22.2014
• G C T Y FROM'Jay McDonald,Public Works Director j(f7] —
V• SUBJECT:Leased Motor Graders—Bid B140067/'
The Public Works Department recommends the low bid from 4 Rivers Equipment be accepted for a 36-month
lease of 11 John Deere 772 G AWD motor graders(2015/2017)for the Motor Grader Division.
The monthly cost per machine is$1200 for 1500 hours per year and$1,500 for 2000 hours per year;Option
A&B(no charge);Option C($5.00/month);Option D($10.00/month);Option E($50.00/month);Option F(no
charge);Option G($40.00/month);Option H&I(no charge);Option J($25.00/month)Option K($70.00/month);
and Option L(no charge). The monthly break-down is as follows:
5 Machines @ 2000 hours per year with Options B,C,D,E,F,H,I,J,K,L-$8,300.00 per month.
4 Machines @ 2000 hours per year with Options B,C,D,E,F,G,H,I,J,K,L-$6,800.00 per month
2 Machines @ 1500 hours per year with Options B,C,D,E,F,G,H,I,J,K,L-$2,800.00 per month
Total cost per month $17,900.00
IL) lions Yearly cost
Option A(GPS/Sery Hrs&Location) $ N/C
Option B(GPS/Sery Hrs&Location&Download) $ N/C
Option C(Removable Front Fenders) $660.00 for 11 machines
Option D(Removable Rear Fenders) $1,320.00 for 11 machines
Option E(All Wheel Drive) $6,600.00 for 11 machines
Option F(Auto Shift Transmission) $ N/C
Option G(Rear Mounted Rippers) $2,880.00 for 6 machines
Option H 3 Yr/6000 Hr Extended Power Train Warranty $ N/C
Option I(Manuals) $ N/C
Option J(Spare Tire and Wheel) $3,300.00 for 11 machines
Option K(Electronic Cross Slope Meter) $9,240.00 for 11 machines
Option L(Backup Camera) $ N/C
Option M(Lease Rates):
1500 Hrs/Year $28,800.00 for 2 machines
2000 Hrs/Year $162,000.00 for 9 machines
Yearly Total $214.800.00
Budgeted $255,600.00
If you have any questions.please contact me at extension 3761.
ao/11-286
9/0q e406 70
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