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HomeMy WebLinkAboutContract 47211-A1 - ` <1lYO[|UX[\YUXU� CSC NO. AMENDMENT NO. I TO CITY SECRETARY CONTIZACT NO. 47211 CONDITIONAL SALE AGREEMENT This /knmumdxouot is entered into by and bo(v/ccn the City of Fort Worth (hereafter "City"), uhomc rule municipal corporation organized under the laws ofthe State of Texas, vvi\h its principal place of' business ai 1000 '[hnouknnorton Street, Fort Worth, Texas, and Yunnaho Motor Corporation, U.S.A., (hereafter "Sc||cr"), each individually referred to as o '^pody^" and collectively referred zoos tile'^panicx." WHEREAS, the parties have previously entered into City of Fort Worth City Secretary Contract No. 4721 | (tile ^^[onbau(")^ which was executed oil November |2^ 2O|5; and WHEREAS, the Contract involves the lease of Do|[ utility, and beverage carts ("cquiproou1hoac") utilizing BuyBoord Cooperative Contract No. 447-14; and WHEREAS, the Contract incorporates Amortization Schedule For Municipality Conditional Sale Contract Equipnlent Schedule No. 1 |2599 (,"AmuUiza1ionSchedule 112599°); and WHEREAS, the City and Seller now wish to un000d the original Contract to reflect the corrected Principal Adjustment and Interest reflected in Amortization Schedule 112599. NOW, TDD0&k]KF0/R|O, City and Seller, acting herein by and through their duly authorized representatives, enter into the following agreement tomnncod the contract: |. Substitute the Amortization Schedule | l259g with Exhibit & of this Amendment. ' 2. Ni other provisions of tile Cmnicoc< which are not expressly amended herein xhoU remain in fo|| force and effect. This Amendment ohu|| not require all inoncume in the total ournbor of payments nor the dollar amoountofthe monthly payment as required by tile original Contract. RD This Amendment may be executed in several counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. A signature received via facsimile or electronically via email shall be as legally binding for all purposes as an original signature. 0 Executed on this the day of 1) 2015. CITY OF FORT WORTH: YAMAHA MOTOR CORPORATION, U.S.A. By: By: Sus t san Alanis Kim-R z "Ass start City Manager Vice President/Treas"rer Date: Date: A ORr lrq-r ATTEST- By: OX o Ma- 1 1 City Se etar APPROVED AS TO FORM AND L (GALITV: By: 4e I�Ie t-m o (WW�i&-S re v i n o Assistant City Attorney Contract Authorization: M&C: P-11805 Date Approved: 11-3-2015 Amendment No. I to CSC'No.47211 Page 2 oft ......... ..............., K Fir W ccff ExtribitA A / 1, �M,`I Ali A " A " City of Fort Worth Initialed By: AMORTIZATION SCHEDULE FOR MUNICIPALITY CONDITIONAL SALE CONTRACT PURCHASER: Citv of Fort Worth EQUIPMENT SCHEDULE # 112599 Yield: 4.600% Due Principal Mon # Date Payment Interest Adiustment Balance Total Financed 801537,80 1 11/28/15 9.285.86 3,005.64 6280,22 797.257,58 2 12/28115 9.285.86 2,982.15 6.30171 790,953.88 3 01/28/16 9.285,86 2.958.57 6 327,29 784.626,59 4 02/28/16 9,285.86 2.934,91 6-350.95 778,275.64 5 03/28/16 9,285.86 2911,15 6.374,71 771,900.93 6 04/28/16 9.285,86 2..887.31 6,398-55 765,502.37 7 05/28/16 9,285.86 2.863.37 6.422.49 759.079,88 8 06/28/16 9.285,86 2,83935 6.446.51 752.63137 9 07/28/16 9.285.86 2,815.24 6.470.62 746.16275 10 08/28/16 9,285.86 2791,03 6.494.83 739.667,92 11 09/28/16 9.285.86 2,766.74 6.519.12 733,14880 12 10/28/16 9.285.86 2742,35 6.543,51 726.605.29 13 11/28/16 9285.86 2,717.88 6.567.98 720,037.31 14 12/28/16 9.285.86 2,693 31 6.592.55 713.444,75 15 01/28/17 9.285,86 266865 6617,21 706,827,54 16 02/28/17 9.285.86 2,64390 6,641.96 700 185.58 17 03/28/17 9,285-86 2.619,05 6.666,81 693,51837 18 04/28/17 9.285-86 2594.12 6,691,74 686,827,03 19 05/28/17 9.285.86 2.569.09 6.716.77 680.1'10.26 20 06128/17 9.285.86 2.543.96 6.741,90 673.368.36 21 07/28117 9.285.86 2,51874 6.767,12 666.601.24 22 08/28/17 9,285.86 2,493,43 6.792.43 659.808.81 23 09/28/17 9.285.86 2.468,02 6.817.84 652,990,98 24 10/28/17 9.285.86 2,442.52 6,843.34 646.147.64 25 11/28/17 9.285,86 2.416.92 6.868.94 639.278.70 26 12/28/17 9.285,86 2,391.23 6.894.63 632,384,07 27 01/28/18 9.285-86 2,365,44 6.920.42 625.46365 28 02128/18 9.285-86 2339,56 6.946.30 618.517,35 29 03/28118 9.285.86 2.313.57 6.972.29 611.545.06 30 04/28/18 9,285.86 2.28749 6,998,37 604,546,69 31 05/28/18 9.285.86 2.261 31 7.024.55 597,522.15 32 06/28118 9.285.86 2.235,04 7,050.82 590.471.33 33 07/28/18 9.285.86 2,208,67 7.077,19 583.394 13 34 08/28/18 9.285,86 2.182.'19 7.103.67 576,290.46 35 09/28/18 9,285.86 2,155.62 7,130.24 569.160,23 36 10/28/18 9.285 86 2,128.95 7.156,911 562.00332 37 '1'1/28/18 9285.86 2.102 18 7.183.68 554.819.64 38 12/28/18 9.285-86 2.075 31 7.210,55 547.609.09 39 01/28119 9.285.86 204834 7.237.52 540.371,57 40 02/28/19 9.285.86 2,021 27 7.264.59 533.10698 41 03/28/19 9.285.86 1,994.09 7.291.77 525,815.21 42 04/28/19 9.285.86 1 966,82 7,319.04 518,496.17 43 05/28/19 9,285.86 1,939.44 7346.42 511.149.75 44 06/28/19 9.285.86 1,911,96 7,373,90 503.775.85 45 07/28/19 9.285.86 1.884.38 7,401.48 496.374.37 46 08/28/19 9.285,86 1.856.69 7,429.17 488,945.21 47 09/28/19 9.285.86 1.828.91 7,456,95 481.488.25 48 10/28/19 9.285,86 1.801.01 7,484,85 474,003.41 49 11/28/19 9,285.86 1773.02 7.512.84 466,490.56 50 '12/28/19 9.285.86 '1,744.91 7.540.95 458.949.62 51 01/28/20 9285.86 1,716,71 7,569.15 451380.46 52 02/28/20 9.285.86 1,68839 7.597.47 443,783.00 53 03/28/20 9-285,86 1.659.98 7,625,88 436.157.11 54 04/28/20 9.285.86 1,631.45 7,654.41 428.502.71 55 05/28/20 9.285.86 1,602,82 7.683.04 420819.67 56 06/28/20 9.285.86 1574.08 7.711.78 413 107.89 57 07128120 9,285.86 1,54524 7,740,62 405.367.26 58 08/28/20 9.285.86 1.516 28 7.769.58 397,597.68 59 09/28120 928586 1,487.22 7398.64 389,799.04 60 10/28/20 9,285,86 1,458,05 7,827.81 381,971.23 Totals: 557,151.60 136,685.03 421,566.57