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HomeMy WebLinkAboutFire Apparatus Lease ORIGINAL FIRE APPARATUS LEASE THIS FIRE APPARATUS LEASE, entered into this 21'day of August, 2024, by and between the Utica Township Fire Protection District, by and through its Board of Trustees, hereinafter collectively called "Lessor," and the City of Jeffersonville, Indiana, by and through its Board of Public Works and Safety, hereinafter called "Lessee," WITNESSETH THAT : WHEREAS, the Lessor owns the following fire apparatus: Ford F550 Super Duty Mini Pumper (VIN#: 1FDUF5HT4LEE47641), Spartan/Ferrara Fire Engine (VIN#: 4S9DU2D92NC560978) and Ferrara Ladder Truck (VIN#: 1F9508438DH140039) (hereinafter "Equipment"), and WHEREAS, Lessee wishes to lease said equipment from the Lessor upon the terms and conditions hereinafter set out, IT IS NOW AGREED AS FOLLOWS: 1. Lessor agrees to lease to Lessee and Lessee agrees to lease from Lessor, the above-described equipment. 2. The Lessee agrees: A. To pay Lessor as rental for the equipment the sum of$1.00 (One Dollar and No Cents) with the term of the lease commencing on August 21, 2024 and continuing until December 31, 2025, or until this lease is terminated as hereinafter provided, subject to extension annually thereafter, by mutual agreement of the parties. B. Upon breach of any of the terms or covenants herein contained to be performed by Lessee, and after ten (10) days' written notice thereof, Lessor may terminate this lease and upon demand Lessee will deliver the equipment to Lessor, and upon Lessee's failure to do so, Lessor may enter upon the premises without legal process and repossess the equipment. C. Lessee will save Lessor harmless from any claim or damage caused or occasioned by Lessee's use or operation of the equipment. D. Lessee shall store the equipment at Lessee's business address, nor assign this lease nor sublet the equipment unless Lessee shall first obtain the written consent of Lessor. Lessee further agrees not to use the equipment or any part thereof or attachment thereto for any purpose other than that for which the same was originally intended and authorized. E. Time shall be of the essence of this lease. F. Lessee shall be responsible to and indemnify Lessor for all loss, injury or damage to the equipment, by theft, fire or otherwise, ordinary wear and tear excepted. G. Lessor shall have the right to inspect the equipment at all reasonable times. H. Lessee shall keep the equipment insured for its full insurable value under a policy with an insurance company acceptable to Lessor, with the proceeds of the policy payable to the parties as their respective interests may appear. I. Lessee shall, at its sole expense, maintain the vehicle in a good state of repair, ordinary wear and tear excepted. 3. Lessee may terminate this lease by giving written notice to Lessor at least thirty (30) days prior to the desired date of termination and by paying Lessor all sums due as rent to the date of termination, and by returning the equipment at Lessee's expense to Lessor in good repair and condition, ordinary wear and tear excepted. 4. It is mutually agreed: A. That none of the terms or conditions herein shall in any manner be altered, waived or abandoned, except by written agreement of Lessor and Lessee, and no delay by Lessor in enforcing any of its rights hereunder shall be deemed a waiver of such rights, nor shall a waiver by Lessor of one of Lessee's defaults be deemed a waiver of any other or subsequent default. B. That all agreements between the parties concerning the equipment are contained herein, and no agreements, verbal or otherwise, concerning the equipment shall be binding upon the Lessor or the Lessee, unless the same be reduced to writing and attached hereto. C. That this is not a sales contract and title to the equipment shall never pass hereunder to the Lessee, unless otherwise hereafter agreed in writing by the parties. D. This lease shall be binding upon the parties hereto,their respective personal representatives, heirs, successors and assigns. [SIGNATURE PAGE TO FOLLOW] IN WITNESS WHEREOF, the Lessor and the Lessee have executed this lease on the 21 S`day of August, 2024. "LESSOR" UTICA TOWNSHIP FIRE PROTECTION DISTRICT BY AND THROUGH ITS BOARD OF TRUSTEES Joe Jarles, Presid Randy L eritt, V'ce President ,, /-1/ 11144:(-, Kelly ', Sec tary/Treasurer "LESSEE" CITY OF JEFF ' •ONVILLE INDIANA BY AND T :OU H ITS B• ' II OF PUBLIC WORKS AND SAFETY ► / -Ji Mayor M' Moore, Preside t Prepared by: Leslie D. Merkley Corporation Counsel City of Jeffersonville 500 Quartermaster Ct., Suite 250 Jeffersonville, IN 47130 (812)285-6423 lmerkley@cityofjef net