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HomeMy WebLinkAboutAlly Municipal Lease Purchase Agreement ally 2911 Lake Vista Dr. Lewisville, TX 75067 July 30, 2012 City of Jeffersonville 500 Quartermaster CT Jeffersonville, IN 47130 VIN: 1GC4K0C8XCF201 Vehicle: N 12 Chev SILVERADO Dealer: NEW ALBANY MOTOR CO, INC Dear City of Jeffersonville: The dealer named above has submitted your Municipal lease agreement to our office for processing. Thank you for being an Ally Financial customer. We sincerely look forward to servicing your leasing needs for many years to come. Upon review of the lease, the following information was determined to be either incorrectly stated or omitted: On the first page of the agreement the Lessee should be City of Jeffersonville It will not be necessary to sign a new lease agreement; however, you should review the above information. Please keep this letter with your copy of the lease agreement for future reference. If you have any questions about the corrections(s), please contact our office at 1 (888) 925 -2559. Sincerely, Ally Financial cc: NEW ALBANY MOTOR CO, INC 1 ss L' (FN) 1 k Municipal Document Page 2 of 8 , i a MUNICIPAL LEASE - PURCHASE AGREEMENT ' LESSEE: LESSOR: Ally Financial Lessor agrees to lease to Lessee and Lessee agrees to lease from Lessor, the Equipment described in any Delivery and Acceptance Certificate now or hereafter attached hereto ( "Equipment ") in accordance with the following terms and conditions of this Lease - Purchase Agreement ( "Lease "). 1. TERM. This Lease will become effective upon the execution hereof by Lessor. The term of this Lease will commence on the date the Equipment is accepted pursuant to Section 3 hereunder and, unless earlier terminated as expressly provided for in this Lease, will continue for the term set forth in Schedule B attached hereto ( "Lease Term "). a 2. RENT. Lessee agrees to pay to Lessor or its assignee the Lease Payments, including the interest portion, equal to the amounts specified in the Delivery and Acceptance Certificate. The Lease Payments will be payable without notice or u demand at the office of the Lessor (or such other place as Lessor or its assignee may from time to time designate in writing), and will commence upon acceptance of the vehicle(s) and continue on the same date periodically thereafter for the number 4 of time periods reflected on the Delivery and Acceptance Certificate. Any payments received later than ten (10) days from the due date will bear interest at the highest lawful rate from the due date. Except as specifically provided in Section 5 hereof, the Lease Payments will be absolute and unconditional in all events and will not be subject to any setoff, defense, counterclaim, or recoupment for any reason whatsoever including, without limitation, any failure of the Equipment to be delivered or installed, any defects, malfunctions, breakdowns or infirmities in the Equipment or any accident, condemnation or unforeseen circumstances. Lessee reasonably believes that funds can be obtained sufficient to make all Lease Payments 1 during the Lease Term and hereby covenants that it will do all things lawfully within its power to obtain, maintain and ) properly request and pursue funds from which the Lease Payments may be made, including making provisions for such payments to the extent necessary in each budget submitted for the purpose of obtaining funding, using its bona fide best 1 efforts to have such portion of the budget approved and exhausting all available administrative reviews and appeals in the 1 event such portion of the budget is not approved. It is Lessee's intent to make Lease Payments for the full Lease Term if rr funds are legally available therefor and in that regard, Lessee represents that the use of the Equipment is essential to its proper, efficient and economic operation. Lessor and Lessee understand and intend that the obligation of Lessee to pay Lease Payments hereunder shall constitute a current expense of Lessee and shall not in any way be construed to be a debt of Lessee in contravention of any applicable constitutional or statutory limitation or requirement concerning the creation of indebtedness by Lessee, nor shall anything contained herein constitute a pledge of the general tax revenues, funds or I monies of Lessee. l 3. DELIVERY AND ACCEPTANCE. Lessee, or if Lessee so requests, Lessor, will cause the Equipment to be delivered to Lessee at the location specified in the Delivery and Acceptance Certificate ( "Equipment Location "). Lessee will pay all transportation and other costs, if any, incurred in connection with the delivery and installation of the Equipment. Lessee will accept the Equipment as soon as it has been delivered and is operational. Lessee will evidence its acceptance of the Equipment by executing and delivering to Lessor a Delivery and Acceptance Certificate in the form provided by Lessor. 4. DISCLAIMER OF WARRANTIES. Lessee acknowledges and agrees that the Equipment is of a size, design and capacity selected by Lessee, that Lessor is neither a manufacturer nor a vendor of such equipment, and that LESSOR HAS NOT MADE, AND DOES NOT HEREBY MAKE, ANY REPRESENTATION, WARRANTY, OR COVENANT, EXPRESS OR IMPLIED, WITH RESPECT TO THE MERCHANTABILITY, CONDITION, QUALITY, DURABILITY, DESIGN OPERATION, FITNESS FOR USE, OR SUITABILITY OF THE EQUIPMENT IN ANY RESPECT WHATSOEVER OR IN CONNECTION t WITH OR FOR THE PURPOSES AND USES OF LESSEE, OR ANY OTHER REPRESENTATION, WARRANTY, OR COVENANT OF ANY KIND OR CHARACTER, EXPRESS OR IMPLIED, WITH RESPECT THERETO, AND LESSOR SHALL NOT BE OBLIGATED OR LIABLE FOR ACTUAL, INCIDENTAL, CONSEQUENTIAL, OR OTHER DAMAGES OF OR TO LESSEE OR ANY OTHER PERSON OR ENTITY ARISING OUT OF OR IN CONNECTION WITH THE USE OR PERFORMANCE OF THE EQUIPMENT AND THE MAINTENANCE THEREOF. Lessor hereby assigns to Lessee during the Lease Term, so long as no Event of Default has occurred hereunder and is continuing, all manufacturer's warranties, if any, expressed or implied with respect to the Equipment, and Lessor authorizes Lessee to obtain the customary services furnished in connection with such warranties at Lessee's expense. Lessee's sole remedy for the breach of any such r manufacturer's warranty shall be against the manufacturer of the Equipment, and not against Lessor, nor shall such matter have any effect whatsoever on the rights and obligations of Lessor with respect to this Lease, including the right to receive full and timely payments hereunder. Lessee expressly acknowledges that Lessor makes, and has made, no representations or warranties whatsoever as to the existence or the availability of such warranties of the manufacturer of the Equipment. i 5. NON - APPROPRIATION OF FUNDS; NON - SUBSTITUTION. Notwithstanding anything contained in this Lease to the contrary, in the event no funds or insufficient funds are appropriated and budgeted or are otherwise unavailable by any means whatsoever in any fiscal period for Lease Payments due under this Lease, Lessee will immediately notify the Lessor 1 or its assignee of such occurrence and this Lease shall terminate on the last day of the fiscal period for which appropriations were received without penalty or expense to Lessee of any kind whatsoever, except as to the portions of Lease Payments t herein agreed upon for which funds shall have been appropriated and budgeted or are otherwise available. In the event of such termination, Lessee agrees to peaceably surrender possession of the Equipment to Lessor or its assignee on the date I. of such termination. , . I I 1 1 11 - - -- - /._ -- .I...1 1.14-0....J -:..« ..'....4.....4Q...11..,:» Seri- 1\ / -,„..; .ir.r., 1r-,,,n,,,,„— +(-1— 7/1 0/')!111 Municipal Document Page 3 of 8 Lessor will have all legal and equitable rights and remedies to take possession of the Equipment. Notwithstanding the foregoing, Lessee agrees (i) that it will not cancel this Lease under the provisions of this Section if any funds are appropriated to it, or by it, for the acquisition, retention or operation of the Equipment or other equipment performing functions similar to the Equipment for the fiscal period in which such termination occurs or the next succeeding fiscal period thereafter, and (ii) that it will not during the Lease Term give priority in the application of funds to any other functionally similar equipment. This paragraph will not be construed so as to permit Lessee to terminate this Lease in order to acquire or lease any other equipment or to allocate funds directly or indirectly to perform essentially the same application for which the Equipment is intended. 6. CERTIFICATION AND AUTHORIZATION. Lessee represents, covenants and warrants that it is a state, or a political subdivision thereof, or that Lessee's obligation under this Lease constitutes an obligation issued on behalf of a state or political subdivision thereof, such that any interest derived under this Lease will qualify for exemption from Federal income taxes under Section 103 of the Internal Revenue Code. Lessee further warrants that this Lease represents a valid deferred payment obligation for the amount herein set forth of a Lessee having legal capacity to enter into the same and is not in contravention of any Town, City, District, County, or State statute, rule, regulation, or other governmental provision. In the I event that a question arises as to Lessee's qualification as a political subdivision, Lessee agrees to execute a power of attorney authorizing Lessor to make application to the Internal Revenue Service for a letter ruling with respect to the issue. Lessee agrees that (i) it will do or cause to be done all things necessary to preserve and keep the Lease in full force and effect, (ii) it has complied with all bidding requirements where necessary and by due notification presented this Lease for approval and adoption as a valid obligation on its part, and (iii) it has sufficient appropriations or other funds available to pay all amounts due hereunder for the current fiscal period. 3 7. TITLE TO EQUIPMENT; SECURITY INTEREST. Upon acceptance of the Equipment by Lessee hereunder, title to the Equipment will vest in Lessee subject to Lessor's rights under this Lease, provided, however, that (i) in the event of termination of this Lease by Lessee pursuant to Section 5 hereof; (ii) upon the occurrence of an Event of Default hereunder, and as long as such Event of Default is continuing; or (iii) in the event that the purchase option has not been exercised prior } to the Expiration Date, title will immediately vest in Lessor or its assignee without any action by Lessee and Lessee shall immediately surrender possession of the Equipment to Lessor. In order to secure all of its obligations hereunder, Lessee i I hereby (i) grants to Lessor a first and prior security interest in any and all right, title and interest of Lessee in the Equipment and in all additions, attachments, accessions, and substitutions thereto, and on any proceeds therefrom, (ii) agrees that this Lease may be filed as a financing statement evidencing such security interest, and (iii) agrees to execute and deliver all financing statements, certificates of title and other instruments in form satisfactory to Lessor necessary or appropriate to evidence such security interest. { 8. USE; REPAIRS. Lessee will use I the Equipment in a careful manner for the use contemplated by the manufacturer for the Equipment and shall comply with all laws, ordinances, insurance policies regulations relating to, and will pay all costs, claims, damages, fees and charges arising out of its possession, use or maintenance. Lessee, at its expense will keep the Equipment in good working order and repair and furnish all parts, mechanisms and devices required therefor. 9. ALTERATIONS. Lessee will not make any alterations, additions or improvements to the Equipment without Lessor's prior written consent unless such alterations, additions or improvements may be readily removed without damage to the Equipment. i 10. LOCATION; INSPECTION. The Equipment will not be removed from, or if the Equipment consists of rolling stock, its permanent base will not be changed from the Equipment Location without Lessor's prior written consent which will not be unreasonably withheld. Lessor will be entitled to enter upon the Equipment location or elsewhere during reasonable business hours to inspect the equipment or observe its use and operation. , i 11. LIENS AND TAXES. Lessee shall keep the Equipment free and clear of all levies, liens and encumbrances except those created under this Lease. Lessee shall pay, when due, all charges and taxes (local, state and federal) which now or hereafter be imposed upon the ownership, leasing, rental, sale, purchase, possession or use of the Equipment, excluding however, all taxes on or measured by Lessor's income. If Lessee fails to pay said charges, and taxes when due, Lessor shall have the right, but shall not be obligated, to pay said charges and taxes. If Lessor pays any charges or taxes, Lessee t shall reimburse Lessor therefor. 12. RISK OF LOSS; DAMAGE; DESTRUCTION. Lessee assumes all risk of loss of or damage to the Equipment from any cause whatsoever, and no such loss of or damage to the Equipment nor defect therein nor unfitness or obsolescence thereof shall relieve Lessee of the obligation to make Lease Payments or to perform any other obligation under this Lease. 1 In the event of damage to any Item of Equipment, Lessee will immediately place the same in good repair with the proceeds i of any insurance recovery applied to the cost of such repair. If Lessor determines that any Item of Equipment is lost, stolen, destroyed or damaged beyond repair, Lessee, at the option of Lessor, will either (a) replace the same with like Equipment in good repair, or (b) on the next Lease Payment date, pay Lessor: (i) all amounts then owed by Lessee to Lessor under this Lease, including the Lease Payment due on such date, and (ii) an amount equal to the applicable Customers Balance set forth in Schedule B. In the event that Lessee is obligated to make such payment with respect to less than all of the Equipment, Lessor will provide Lessee with the pro rata amount of the Lease Payment and the Customers Balance to be made by Lessee with respect to the Equipment which has suffered the event of loss. 13. PERSONAL PROPERTY. The Equipment is and will remain personal property and will not be deemed to be affixed or attached to real estate or any building thereon. If requested by Lessor, Lessee will, at Lessee's expense, furnish a waiver of is interest in the Equipment from any party having an interest in such real estate or building. i •,.� J- A.O_��.,,.. : .- 1,..... - -A 11,,,...:..;....,1Tl..n»m..tn+ri a 7/1 4/7n17 Municipal Document Page 4 of 8 ti URANCE. Lessee, will, at its expense, maintain at all times during the Lease Term, fire and extended coverage, public c liab ty property with INS liability ro erty damage insurance with respect to the Equipment in elf- nsu against or all such risks. .dln n o succh h insured as shall be satisfactory to Lessor, or, with Lessors consent may s 9 ch event will the insurance limits be less than the amount of the then n applicable or ass ens Balance with an respect to , Equipment. Each insurance policy will name Lessee as an insured and its written as an of any additional opal al in ur e , and will contain a clause requiring the insurer to The Lessor roceeds of any such thirty ( poli �es will be payable to Lessee and Lessor or its assigns as their interest may appear. Upon acceptance terms of such policy or cancellation thereof. proceeds of the Equipment and upon each has in been e e m renewal td date, i will deliver will deliver to Lessor a certificate evidencing such insurance. In the event Lessee will furnish Lessor with letter or certificate to such effe teiten notice thereof and make aJ ilabl injury to Lessor all . wrto loss, damage, the Equipment, Lessee will promptly provide Lessor w information and documentation related thereto. 15. INDEMNIFICATION: Lessee sh all indemnify Lessor against, and hold Lessor harmless from, any and all claims, actions, including expenses, damages or liabilities, diuc fees and court rejection, or return and Equipment, including, but not limited to, its selection, p ryossess on, use o in the recovery of claims under insurance policies thereon. The indemnification ion srising under thi sr p a r ag a h h l continue Term full force and effect notwithstanding the full payment of all obligations u ti for any reason. 16. ASSIGNMENT AND SUBLEASE. (a) led a hypothecate, or grant any security Without in o of prior se dis of this Lessee Lease or Equ Equipment or any nterest'in this Lease or the Equipment; (i►) otherwise No assignment or s ublt interest in q o dispose . sublet or lend the Equipment or permit it to be used by anyone other than Lessee or Lessee's sublease shall relieve the Lessee of any of its obligations or duties hereunder, which shall remain those of a principal and f i not a guarantor. (b) Lessor shall not assign, transfer, pledge, or dispose of this Agreement or any interest therein, whether as security for a ri of its indebtedness or otherwise. Subject to the foregoing, arties hereto. inures to the benefit of and is binding upon the heirs, executors, administrators, successors and assigns of the pa17. rties OF DEFAULT. The term "Event of Default ", as used herein, means the occurrence becomes due n accordance with the 1 following events: (1) Lessee fails to make any Lease Payment (or any other payment) the terms of the Lease, and any such failure continues for ten (10) days after e the o d l ed a et ; 01) Lessee fails to perform or observe any other covenant, condition, performed agreement to be failure is not cured within twenty (20) days after written notice thereof by Lessor; (iii) the discovery by Lessor that any statement, representation, or warranty made by Lessee in this Lease or in writing ever delivered c y Lessee pursuant hereto i or in connection herewith is false, misleading, or erroneous in any material respect; (iv) r e a re ibgs under similar any bank bankr shall insolvency, reorganization or similar legislation shall be instituted against or by Lessee, be appointed for Lessee or any of its property, and such proceedings or e p o int tints shall or a vacated, ,s or threat or within twenty (20) days after the institution or occurrence thereof; or (v) levied upon or against the Equipment. r 18. REMEDIES. Upon the occurrence of an Event of Default, and as Ion g written notice to as such Event of Default is continuing, Less declare may, at its option, exercise any one or more of the following remedies: (i) by a able ii equal to all amounts then due under the Lease, and all remaining Lease he same shall due dur ing the heia due Year in and effect when the default occurs to be immediately due and payable, whereupon at Lessee's expense, promptly return the r, by written notice to the Lessee, request Lessee to (and Lessee agrees that it will), equipment to Lessor in the manner set forth in Section 5 hereof, or Lessor, at its option, may enter upon t h e premises where the Equipment is located and take immediate possession of and remove the same; (iii) sell or lease the Equipment or i sublease it for the account of Lessee, holding Lessee liable for all Lease Payments and other renta; and other amounffs paid k date of such h selling, leasing or subleasing and for the difference between the purchase price, Lessee by the purchaser, lessee or sublessee pursuant to such sale, lease h h may available a to applicab laws of the hereunder; and (iv) exercise any other right, remedy or privilege Y State of the Equipment Location or any other applicable law or proceed rid this opasee court any c f or to l of the Equipment pm n the Lease or to recover damages for the breach of this Lease or to costs addition, Lessee will remain liable for all covenants and indemnities ahe er e of any of reined es listed and expenses, including court costs, incurred by Lessor with respect to or any other remedy available to Lessor. and provided that there is no 19. PURCHASE OPTION. Upon thirty (30) days prior written e notice bpth; Lessee ufd become of Default, then existing, i Event of Default, or an event which with notice to lapse , Lessee will have the right to purchase the Equipment on any Lease number of t ayments date mad as reflected on Schedule B the Customers Balance amount set forth opposite the appropriat e p the L p ease. U on satisfaction by Lessee of such purchase conditions, Lessor w exce t that the Equipment is free title and I clear interest in the Equipment to Lessee as is, without warranty, express or implied, P of any liens created by Lessor. 1 i i .. _,_, ,. 4. o..,,+:,,—,—,,,, Y, tPritRrnrnvidetr= Miinicinall7ncumentCha... 7/19/2012 I Municipal Document Page 5 of 8 20. REPORTING REQUIREMENTS. Lessee agrees to comply with the information reporting requirements of Section 149(e) of the Internal Revenue Code of 1986 (the "Code"). In the event Lessor, solely on account of Lessee's failure to comply with such information reporting requirements, is not entitled to treat the Lease Payments and the Customers Balances received f from Lessee hereunder as interest and principal payments on a state or local bond, the interest of which is exempt from Federal income tax under Section 103(a) of the Code, then Lessee shall pay to Lessor, as additional rentals, a sum which, after deduction of all taxes which are or will be payable by Lessor in respect of the receipt thereof under the Laws of the United States or any state or local government or taxing authority in the United States, or under the laws of any taxing authority or political or governmental subdivision of a foreign country, shall be equal to the additional Federal income tax 1 which is or will be payable by Lessor as a result of the loss of such interest exemption, together with any interest, addition to tax or penalty which may be assessed by the United States Government against Lessor in connection with the loss of such interest exemption, which amounts shall be payable on written demand by Lessor, together with interest thereon at the highest lawful rate from the date of payment of the additional Federal income tax to the date of payment by Lessee. i I 21. NOTICES. All notices to be given under this Lease shall be made in writing and mailed by certified mail, return receipt requested, to the other party at its address set forth herein or at such address as the party may provide in writing from time to time. Any such notice shall be deemed to have been received five (5) days subsequent to mailing. I 22. SECTION HEADINGS. All section headings contained herein are for the convenience of reference only and are not intended to define or limit the scope of any provision of this Lease. 23. GOVERNING LAW. This Lease shall be construed in accordance with, and governed by the laws of, the state of the Equipment Location. provid e 24. DELIVERY OF RELATED DOCUMENTS. Lessee will execute or p . as requested uested by Lessor, such other documents and information as are reasonably necessary with respect to the transaction contemplated by this Lease. 25. ENTIRE AGREEMENT; WAIVER. This Lease, together with the Delivery and Acceptance Certificate and other attachments hereto, and other documents or instruments executed by Lessee and Lessor in connection herewith, constitute the entire agreement between the parties with respect to the lease of the Equipment, and this Lease shall not be modified, amended, altered, or changed except with the written consent of Lessee and Lessor. Any provision of this Lease found to be prohibited by law shall be ineffective to the extent of such prohibition without invalidating the remainder of the Lease. The waiver by Lessor of any breach by Lessee of any term, covenant or condition hereof shall not operate as a waiver of any subsequent breach thereof. I (Lessor) (Lessee) Ally Financial City of Jeffersonville t 500 Quartermaster Ct Jeffersonville IN 47130 i ° 01, By: i , ., iIWALVi By: Title: AIWA, w Cr Title: /1 0� Date: . L! t L Date: r„.2.0/.2..._ I OPINION OF COUNSEL i With respect to that certain Municipal Lease - Purchase Agreement (Lease) dated 0 71-44.. AO/ 2 by and between All Financial and the Lessee, I am of the opinion that: (i) the Lessee is a tax - exempt entity under Section 103 of the internal R evenue Code; (ii) the execution, delivery and performance by the Lessee of the Lease have been duly authorized by all action on the part of the Lessee; (iii) the Lease constitutes a legal, valid and binding obligation of the Lessee enforceable in accordance with its terms and all statements contained in the Lease and all related instruments are true; (iv) i° Lessee has sufficient monies available to make all payments required to be paid under the Lease during the current fiscal 1 year of the Lease, and such monies have been properly budgeted and appropriated for this purpose in accordance with i,' State law; and (v) the Uniform Commercial Code of the state where the Equipment is located and or the certificate of title 1 laws of such state will govern the method of perfecting Lessor's security interest in the Equipment. By: / .. / j _ ` Attorney or Lessee Date: r3 } f k'. E F t i s `' . _ •• +o„ +2T*- . ‘, ; (1A,,.. - Kii„n;ri nalT7neumentCha... 7/19/2012 Municipal Document Page 6 of 8 { MUNICIPAL CERTIFICATE iJ of City of Jeffersonville. hereby certify that the Municipal Lease Purchas gree nt, dated o /A.4.. , between Ally Financial, as Lessor City of Jeffersonville as Lessee, leasing the Equipment describe , w s executed by me on the old day of G. , ; and that I have full power and authority to execute the Municipal Lease Purchase Agreemen an that the power to enter into the • Lease Purchase Agreement granted to me by the City of Jeffersonville has not been withdrawn, and that all required procedures necessary to make the Municipal Lease Purchase Agreement a legal and binding obligation of the Lessee have been followed. I also certify that payment due by City of Jeffersonville under the Municipal Lease Purchase Agreement referred herein for the current lease term are within the current budget and within an available, unexhausted and unencumbered appropriation of the municipality of the City of Jeffersonville. IN WITNESS WHEREOF, I have set my hand this . 4 day of.7c �- 20 /ma. Attest: /•" Agency Official • (Signatur-' (Signatur Title / Title Municipal Document Page 7 of 8 Delivery and Acceptance Certificate 1 Vehicles (s) for Municipal Lease /Purchase Payment Structure: 4, Annual o An annual rate of:6.89 /o # Year Make Model Vin Application# Cost Payment 1. 2012 Chevrolet Silverado 35 1GC4K0C8XCF201807 1234567890 41127.75 11331.20 00 Total Cost of the vehicle (s): $ 41127.75 Total Payments: $ 11331.20 Equi ent Location (Garaged at) : 5 i r�- c.r�ct,.s C7: O� UcSc.rS do tl Ile / / h/ st7/ 6 r Under the Municipal Lease Agreement dated , (Lease) between AIIy Financial (the Lessor) and the undersigned Lessee, the Lessee hereby certifies that the vehicle (s) listed above has (have) been delivered to Lessee, tested and inspected by Lessee, found to be in good order and accepted as Equipment under the Lease, all on the date indicated below. The Lessee hereby agrees to lease /purchase the vehicles as described. (Lessor) (Lessee) Ally Financial City of Jeffersonville By: �r �ell B Date: 4 ( 12 Date: ( { ( t.: 1 Municipal Document Page 8 of 8 SCHEDULE B Payment Schedule to the Lease Agreement dated Customer: City of Jeffersonville Dealer: NEW ALBANY MOTOR CO., INC. Equipment 1: Term: Chevrolet Silverado 3500 Annual Percentage Rate: 4, Annual 6.89 /0 First Payment: Advance Amount Financed: $41127.75 Payment Amount: $ 11331.20 Total Interest: $ 4197.05 End of Lease Purchase Option: $1 per unit , #OF PMTS PAYMENT CUSTOMERS BALANCE: REDUCTION IN INTEREST ON MADE BALANCE PERCENT OF COST PRINCIPAL PRINCIPAL 1 $11331.20 $29796.55 72.45% $11331.20 $0.00 2 $11331.20 $20518.33 49.89% $9278.22 3 $11331.20 $10600.85 25.78% $2052.98 4 25.78 /o $9917.49 $1413.71 $11331.20 $0.04 0.00% $10600.80 $730.40 is (Lessor) Ally Contract Processing Center (Lessee) City of Jeffersonville 2911 Lake Vista Dr, 500 Quartermaster Ct Lewisville,TX 75067 Jeffersonville, IN 47130 s k By r� � By. Title: A air,,, S 1 Title: Date: ( Date: , i 1 , 6 1 b ' 2 t7 t # : , t httnc•/ /ca(Snrarlaalar ally nnm/ rnrtal /r1 +7.n,. +;,,,..— ,,,....4...�.. o_� • 1 _ 1 Ar • • ,�