HomeMy WebLinkAboutBanc of America/CPD MAR-12-1996 00:32 P.02/02
AMENDMENT TO MUNICIPAL LEASE AGREEMENT APPROV ti A
FORM By:
THIS AMENDMENT Is made as of this day of , 2006.
WHEREAS, City of Cannel d/b/a Carmel Police Department("You"and"Your")and Banc of America
Leasing&Capital, LLC("We","Us"and"Our")desire to enter into a Municipal Lease Agreement No.
c(-2209360,dated (the"Lease'and;
WHEREAS, in order to enter into the Lease,the parties mutually agree to make the following changes
to the terms of the Lease.
NOW,THEREFORE, the parties hereby agree as follows:
1. The eighth sentence in Paragraph 2(General Terms; Payment Adjustments; Effectiveness) Is
deleted in its entirety.
2. The words"when due"are replaced with"within 10 days of when due"in the second sentence in
Paragraph 4(Late Charges; Other Charges).
3. The words"10 days"are replaced with"20 days"in the first sentence in Paragraph 13(Default;
Damages).
4, Subsection (d) is deleted in its entirety in Paragraph 13(Default; Damages).
5. The last sentence in Paragraph 18(Non-Appropriation) is deleted in its entirety and replaced as
follows:"You shall not, within a period of Non-Appropriation,acquire by any means equipment
similar to the Equipment to replace the Equipment, unless same shall be leased from us."
6. All provisions of the Lease not amended by this Amendment shall remain in full force and effect
as set forth in the Lease.
CITY OF CARMEL d/b/a
CARMEL POLICE DEPARTMENT BANC OF AMERICA LEASING&CAPITAL, LLC
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Name: / ....i i i / / Na I'J1 l utAme leas
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Title' The: Qi7 C 1PGr►^v %rilboaccr
Date: Date: — 7. to- Co
TOTAL P.02
Approved and adopted this I OJT day ofc1' 1 , 2006.
CARMEL BOARD OF PUBLIC WORKS AND SAFETY
By:
Ylc .estn+
James Brainard, Pres.di Officer
Date:
Mary A B ce, Mee er
Date:
Lo . ats n,M blr
Date: 3 i f 0(o
ATTEST:
cc\c/Loac .4,..„,t ,g_teuw, ceo-4-- sgoociat4
biana L. Cordray, IAMC Clerk-_reasurer
Date: 31 (S J OG