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RES 2013-036CITY OF SOUTH LAKE TAHOE RESOLUTION NO. 2013 -36 Resolution authorizing the South Lake Tahoe Police Department to proceed with a purchase program utilizing our Prop 172 funds (Account #23202110), vehicle replacement funds (Account #21102110) and Code Enforcement funds (Account #50505330) to incrementally replace, and continually rotate, the Police Department's fleet, utilizing the Ford Municipal Purchase program. WHEREAS, the City of South Lake Tahoe recognizes and appreciates the need to establish a strategy to regularly update the fleet of vehicles used by the Police Department, to ensure the safety of officers and the public alike in the fulfillment of the police mission. WHEREAS, the City of South Lake Tahoe understands its own accountability to the public to operate with fiscal responsibility while obtaining these vehicles, and that an economical means of obtaining the needed vehicles has been identified in taking advantage of the Municipal Purchase Program of the Ford Motor Company. WHREAS, the Chief of Police for the City of South Lake Tahoe is authorized on its behalf to secure and execute on behalf of the City of South Lake Tahoe a financing agreement with Folsom Lake Ford to purchase the required vehicles and so establish a rotational strategy for regular Police vehicle fleet replacement. NOW THEREFORE, BE IT RESOLVED, that the City Council of the City of South Lake Tahoe does hereby authorize the South Lake Tahoe Police Department to proceed with a purchase program utilizing our Prop 172 funds (Account #23202110), vehicle replacement funds (Account #21102110) and Code Enforcement funds (Account #50505330) to incrementally replace, and continually rotate, the Police Department's fleet, utilizing the Ford Municipal Purchase program. PASSED AND ADOPTED by the City Council of the City of South Lake Tahoe at a meeting on May 21st, 2013 by the following vote: AYES: NOES: ABSENT: ABSTAIN: Ll DAMS, COLE, CONNER, LAINE & SWANSON Susan Alessi, City Clerk �TH C�� U n 65 Tom Davis, Mayor a t 100,3 SCHEDULE 9138101 - MASTER EQUIPMENT LEASE - PURCHASE AGREEMENT AMENDMENT That certain Master Equipment Lease- Purchase Agreement, by and between Ford Motor Credit Company ( "Lessor") and City of South Lake Tahoe ( "Lessee "), dated as of 11/21/2013 (the "Lease ") is hereby amended as follows: Bank Qualified Tax - Exempt Obligation Check box for Bank Qualified designation) Lessee hereby designates this Schedule as a "qualified tax - exempt obligation" as defined in Section 265(b)(3)(B) of the Code. Lessee reasonably anticipates issuing tax- exempt obligations (excluding private activity bonds other than qualified 501(c)(3) bonds and including all tax - exempt obligations of subordinate entities of the Lessee) during the calendar year in which the commencement date of this Schedule falls, in an amount not exceeding $10,000,000.00. Non -Bank Qualified Tax - Exempt Obligation ❑ (Check box for Non -Bank Qualified designation) Lessee reasonably anticipates issuing more than $10,000,000.00 in tax - exempt obligations in the calendar year of the Commencement Date as defined in the Property Schedule. Except as amended hereby, the Lease shall otherwise remain unchanged and in full force and effect. IN WITNESS WHEREOF, the parties have executed this Amendment as of the 15th day of April, 2015. Lessee: City of South Lake Tahoe Lessor: Ford Motor Credit Company LLC By: AV By: Hal of Title: Mayor Title: W9 Frank Mastrella Operations Manager, Municipal Finance FORD CREDIT Ford Motor Credit Company LLC 1 American Road, MD 7500 Dearborn, MI 48126 DELIVERY AND ACCEPTANCE CERTIFICATE Master Lease Date Master Lease No. Date of Schedule 9138101 Delivery Number j 11/21/2013 9138100 04115!2015 I 2 In accordance with Section 3 of the Master Equipment Lease - Purchase Agreement (the "Master Agreement ") executed by Lessee and Lessor, the undersigned Lessee hereby certifies and represents to, and agrees with Lessor as follows: (1) All of the Equipment (as such term is defined in the Master Agreement) described below has been delivered, installed and accepted on the date hereof. EQUIPMENT INFORMATION (2) Lessee has conducted such inspection and/or testing of the Equipment listed in the Schedule as it deems necessary and appropriate and hereby acknowledges that it accepts the Equipment for all purposes. (3) Lessee is currently maintaining the insurance coverage required by Section 15 of the Master Agreement. (4) No event or condition that constitutes, or with notice or lapse of time, or both, would constitute, an Event of Default under any Lease (as those terms are defined in the Master Agreement) exists at the date hereof. (5) We acknowledge that Lessor is neither the vendor (supplier) nor manufacturer or distributor of the Equipment and has no control, knowledge or familiarity with the condition, capacity, functioning or other characteristics of the Equipment. Nothing in this acknowledgement affects any rights Lessee may have against a manufacturer or supplier of the Equipment. (6) The serial number for each item of Equipment that is set forth on the Equipment Description contained in the Schedule is correct. LESSEE: City of South La Tahoe BY: i ! £ cr T (title) DATE ACCEPTED: -F" .2i ° / 5 Description (Manufacturer, Model, Serial Number) Supplier Name Quantity 3 Equipment Motorola (2) Lessee has conducted such inspection and/or testing of the Equipment listed in the Schedule as it deems necessary and appropriate and hereby acknowledges that it accepts the Equipment for all purposes. (3) Lessee is currently maintaining the insurance coverage required by Section 15 of the Master Agreement. (4) No event or condition that constitutes, or with notice or lapse of time, or both, would constitute, an Event of Default under any Lease (as those terms are defined in the Master Agreement) exists at the date hereof. (5) We acknowledge that Lessor is neither the vendor (supplier) nor manufacturer or distributor of the Equipment and has no control, knowledge or familiarity with the condition, capacity, functioning or other characteristics of the Equipment. Nothing in this acknowledgement affects any rights Lessee may have against a manufacturer or supplier of the Equipment. (6) The serial number for each item of Equipment that is set forth on the Equipment Description contained in the Schedule is correct. LESSEE: City of South La Tahoe BY: i ! £ cr T (title) DATE ACCEPTED: -F" .2i ° / 5