HomeMy WebLinkAboutContract 35630 CITY SECRETARY
' CONTRACT Np. �07127007
RENTAL AGREEMENT LONG TERM
HOLT TEXAS,LTD.dbla HOLT CAT,aTexas limited partnership(the"Holt"),and Customer,as identified below,hereby enter into this Rental Agreement(the'Agmemerif),under the following terms and conditions:
HOLT CAT CUSTOMER:
3302 So.W.W.White Rd.-78222 Name
P.O.Box 207916 FF CITY OF FORT WORTH
San Antonio,TX 78220-7916Address:4100 COLUMBUS TRL
-Name . City,County,State,Zip
CITY OF FORT WORTH FORT WORTH,TARRANT;TARRANT,TX,76133-7578
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Address:4100 COLUMBUS TRL Customer P.O.Ni
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City,County,State,Zip ccount#:0441579 Customer Is:M Sole Proprietorship Partnership
FORT WORTH,TARRANT;TARRANT,TX,76133-7578
❑Corporation ❑Limited Liability Company
ShipFrom pprox.Shipping Date Contact Name: Rodney Smithey Phone•.1817)944-2094
Holt Ft.Worth o810712007
Via F.O.B.
Customer Truck Holt FL Worth
Description of the Equipment covered by the Agreement(the"Equipment")
Model Number ID Number Serial Number
330DL HLK007171 OMWPO1740
REF NO ATTACHMENTS DESCRIPTION REF NO ATTACHMENTS DESCRIPTION REF NO ATTACHMENTS DESCRIPTION
2814229 3300L HYDRAULIC EXCAVATOR MA-2 2597176 2685606
'PEDAL,,SIDE,RUBBERTRAIGHT L PIN GROUP,SPARE
262135fi '3300L HYDRAULIC EXCAVATOR 2670118 2373307
2403740 "GUARD,VANDALISM 2451741 'BUMPER,SIDE,RUBBER 2373194 CONTROL AND LINES,PIN GRABBER
2fi91167 'GUARD,BOTTOM HEAVY DUTY 2801098 'POWER SUPPLY,I2V-1 DA 2536596 UNES-QC,REACH BOOM
2.1422 'CHANGER,HAND CONTROL PATTERN 2907117 CERT EMISSIONS,EPA OP2407 UNES-DQ R12'10'STICK
2012774 'GUARD,TRACK GUIDING 2901819 BOOM,21W REACH 2609454 ANTIFREEZE,-SOC(-58F)
2676840 'STARTING AID,COLD WEATHER STICK,121V TRACK,32"TRIPLE GROUSER
2901825 LINKAGE,BUCKET,DB-FAMILY OP0230 PACK,DOMESTIC TRUCK,DRIVE OUT
Bucket,HD,4B',1.84 Cu.Yd.,w/Teeth
Sidecuaers
Rental Installments sured Val}lle� FOR HOLDS REFERENCE ONLY
Norm V Weekly O Monthly ON
amount of each installment of rent payable hereunder by Customer('Rental PWC Code#
299053.00
Installment")shall be the total amount set forth below: Release#GPS 64154
Rental Installment $7200.00 14%of base rental amount. Salesman's#114
If Customer accepts the FTV Waiver,Customer will be responsible for County Code 6U1
FTV $0.00 loss or damage upto$5DD0.00forfire,vanda0sm,collision,overturn,
explosion,windstorm,hail,lightning,earthquakes,sinkhole collapse,
Subtotal $7200.00 sprinkler leakage,aircraft,riots,ocean tides,rodents,etc.or
$25,000.00 for theft and Flood depending upon type of loss,as specified
Sales Tax in the HOLT CAT FTV Waiver Guide, EXTENDED WARRANTY
$0•00 If equipment is shipped by Holt,a transportation charge of$0.00(each The Equipment®is ❑is not covered by
"Dealer's'Hvy.Eq.Tax way)will be billed,plus applicable sales tax. ®CAT Insurance❑HOLT CAT's warranty in accordance with
$0.00 To Be Determined❑Yes®No the Warranty Form attached hereto.Customer acknowledges
receipt of the Warranty Form by initialing in the fallowing space:
Off Road Tax Initials
$0.00 36 Mos,/5,000 Hr Powertrain&Hydraulics
UNLESS A WARRANTY IS PROVIDED,AS INDICATED ABOVE,
Other Charges CUSTOMER RENTS THE EQUIPMENT IN AN AS-IS CONDITION,
$0.00 WITH NO WARRANTY,EXPRESS OR IMPLIED.CUSTOMER
LKE Eligible®yes❑no ACKNOWLEDGES ACCEPTANCE OF THE EQUIPMENTAS-IS
Total $7200.00 BY INITIALING IN THE FOLLOWING SPACE: Initials
HOLT CAT machines are not to be used in or near salt water.The
customer will pay for all damages resulting from such use,Machines
that have run in sand and have excessive wear will be charged for
the additional wear.
OVERTIME:The above payment installment is based on a single shift rate of 8 hours a day for daily rentals,forty hours a week for weekly rentals,and 160 hours per four week period Customer agrees to pay overtime
hours as 1/8 of daily rate,1/40 of a 40 hour week rate,or 11160 of a 160 4 week period.Overtime charges pro-rated based on the invoice rate divided by the maximum number of hours of excess usage.
Rental Term and Payment Dates:Rental Term:B 4-week periods,beginning 0810712007('Commencement Date")
Payment Dates:The Payment Dales shall be the last day of each 4-week period during the Rental Term.
Insurance:
Customer acknowledges receipt of Holrs Cu fitateol Insurance Request Form setting out Holfs insurance requirements and agrees to provide insurancein accordancetherewith; initials
Fire Theft and Vandalism(FTV)Waiver:
If Customer initials here: Customer accepts the FTV Waiver.If not initialed,Customer declines the FTV Waiver,If Customer accepts the FTV Waiver,Customer shall pay as additional rental the amount shown
above,which is based on a rate of 14%multiplied by the Equipment Rental Rate invoiced.Customer acknowledges receipt of a copy of the HOLT CAT Fire Theft and Vandalism Waiver Guide: Initials
The FTV Waiver is not available for all rental transactions.Holt may refuse to offer the FTV Waiver in its sole discretion.
PURCHASE OPTION: OPTION PRICE:$299053.00 The purchase will expire on 0210612008.
The Option Price®does ❑does not include the cost of manufacturers extended warranty.(If neither is indicated the warranty cost is not included in the Option Price).Customer is granted an option to purchase the
Equipment.The following terms and conditions shall apply to Customers purchase option:
A.The option is not assignable.
B.Holt shall transfer to Customer(i)any remaining standard manufacturers warranty on the Equipment,and(ii)If the Option Price includes the cost thereof,any remaining extended manufacturers warranty on the
Equipment.All such warranty transfers shall be only to the extent the warranty transferred is then valid and effective.THE SALE SHALL BE AS-IS,WHERE IS,AND WITHOUT WARRANTY OF ANY KIND FROM HOLT,
AND THE DISCLAIMER OF WARRANTIES SET FORTH BELOW SHALL APPLY.
c.Customer may not exercise the option at any time(i)that Customer is in default of the performance of any of Customer's obligations under this Agreement,or(it)that an event has occurred and Is then continuing which
would constitute an event of default hereunder,or(ill)Customer has not paid in full any open account balances due Holt.
D.In order to exercise the option Customer must pay to Holt,in cash or certified funds,the Adjusted Option Price of the Equipment,together with all taxes on or measured by such purchase price.The term"Adjusted Option
Price"shall mean the Option Price set forth above less any Base Rental paid by LesseeCustomer hereunder,plus non-warranty repairs to the Equipment made by Holt for which Holt has not been paid,plus Interest on the
Option Price from the Commencement Date to the date of payment at a rate equal to the lesser of(1)the Maximum Rate or(III the Prime Rate plus 3.0 percent.
Notice is hereby give to Customer that may ass its rights under this Agreement to HLKE Inc.to sell the rental equipment described herein and,if applicable to purchase any trade-in property.
Sales Tax Information:Customer does t does not claim that the rental of the Equipment is exempt from taxation under Chapter 151 of the Texas Tax Code. The reason Customer claims such an exemption is
as follows:Governmental Entity
If Customer claims an exemption,an Exemption Certificate conforming to applicable law must be provided upon execution hereof,and 0 not provided applicable sales lax will be charged.
Disclaimer of Warranties and Waiver of Claims:SEE REVERSE FOR DETAILS.
Other Terms and Conditions:THERE ARE OTHER TERMS AND CONDITIONS WHICH ARE CONTAINED ON THE REVERSE HEREOF OR HED HERETO(AS APPLICABLE)
WHICH ARE AN IMPORTANT PART OF THIS AGREEMENT.PLEASE REVIEW THE OTHER TERMS AND CONDITIONS BEFORE SIGN T REEMENT.
HOLT:HOLT TEXAS,LTD. R OUST E OF CRT WORTH
APPROVED 0 FORMice': 1 m f C .t
By. By.
si nature
( 9 y s; Marcel"
Its:
47, title) ant t t0taic�r Assistaitit) Ity an
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