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HomeMy WebLinkAboutRES 074 Draft 01 1998-2000 COUNTY OF HAWAII STATE OF HAWAII RESOLUTION N0. 74 99 RESOLUTION AUTHORIZING THE OFFICE OF THE MAYOR TO ENTER INTO AMULTI-YEAR MASTER MUNICIPAL LEASE AND PURCHASE AGREt+'Mt+'~'t' TO FINANCE ENERGY EFFICIENCY MEASURES IN VARIOUS COUNTY FACILITIES. WHEREAS, Resolution No. 339-98 authorized the Mayor to enter into a performance contract pursuant to Section 36-41, Hawaii Revised Statutes, for an energy efficiency retrofit for various County facilities; and WHEREAS, a Master Municipal Lease and Purchase Agreement is required in order to finance the energy efficiency measures in the various County facilities; and WHEREAS, a description of the energy efficient equipment to be installed will be developed and attached to the Master Municipal Lease and Purchase Agreement as individual energy measures are defined for each of the various County facilities to be retrofitted; and WHEREAS, the County has taken the necessary steps, including any legal bidding requirements under applicable law to arrange for the acquisition of such equipment; and WHEREAS, Section 10-11, Hawaii County Charter, requires that any contract, lease or other obligation requiring payment of funds from the appropriations of a later fiscal year be approved by resolution. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE COUNTY OF HAWAII, that the Office of the Mayor is authorized to enter into a Master Municipal Lease and Purchase Agreement, a draft of which contains the general terms and conditions and is attached hereto as Exhibit A. BE IT FURTHER RESOLVED that the Mayor of the County of Hawaii is authorized to sign the above-referenced agreement and any related documents on behalf of the Office of the Mayor and the County of Hawaii pursuant to the Hawaii County Charter. BE IT FURTHER RESOLVED that the Clerk of the County of Hawaii shall transmit copies of this resolution to the Office of the Mayor, and the Departments of Research and Development and Finance. DATED at Hilo, Hawaii, this 21st day of April , 1999. INTRODUCED BY: COUNCIL MEMBER, COUN OF HAWAII COUNTY COUNCIL ROLL CALL VOTE County of Hawaii AYES NOES ABS EX Hilo, Hawaii ARAKAKI CHUNG I hereby certify that [he foregoing RESOLUTION was by ELARIONOFF X the vote indicated to the right hereof adopted by the COUNCIL of the JACOBSON Counry of Hawaii on April 21 1999 LEITHEAD-TODD g ATTEST: PISICCHIO X SMITH X TYLER X YAGONG X 7 0 2 0 Reference: C-216.002 COIJN'['Y CLERK C RMAN & PRESIDING OFFICER RESOLUTION NO. EXHIBIT A Honeywell MASTER STATE AND MUNICIPAL LEASEIPURCHASE AGREEMENT This Mauer L.casc/Purchase Agreetrrent.(tiro "Master lease") La made and entered into on this, tits . day d , t 99 _ , by and between Honeywell Inc., wilt otfixs at HaneyweY Plaza, Minneapolis, Minnesota 56408, (herein called the "Lessor y, and _ . _ , wkh es principal address at (herein called ate "Lessee"1. wherein k Is agreed as follows: t. LEASH OF EQUIPMENT. Lessee hereby tequasts L.esror b atxryire the equipment dearxibed in 6chl6it A to the Irdtial L.Baelrp Schedule, which La atleetted hereb and made a part hereof, and to any exhiltas A (each an "Egttiprrtartt Description"), aubstandaly ahtilar h form b sefd ExlUbtt A, to arty suWequant leasing stitedttles ("teasing SehatiWtts~ attecutcd ptrsuant to this Master Letsae. F_ndt Leasing Schedule shall be in subsbrttiely tla same corm n the Initial leacing Sottedule and eseh ouch Looelnp Setiecbrle abet es the time d execution thered t>e albdted as M exhibit hereto and made n part itereaL Sub)ect b the terms and oortditions ttereaA, Lessewr agrees to.lease b l~ and Laes6e sprees b lease hom Lessor the equipment deauibed in arty EgWpment DnaipUon with all replaoemtatt pard. repair, additiorta and aecaesoriea irtC«porebd therein «atmwd tltereb (herein eollsctiwy called the "Equipmen"). L DELIVERY AND ACCEPTANCE Lessee atlas cause the Equipment b be cbuvered ar the brartlttrn spedfied in the respectlve EgWpmeM Description (the "C-gWpment L.ocatlort"} lessoo shall pay aA tranttpormion and ditar mats. 9 arty. Incurred in mrxteetlon with the delivery and Irtrxallafbn d the EgWpmrmt Arty delay h elicit delivery shat not ailed the vaYdily d tltie Master Lease. Lessee shall accept the EgWpment ae soon as k hm boon doWwed and el aperedonel, «as soon as any manufachrrer «vendor preaccepuetw test ptritxi has expired. Lasaea shale haw no more then thty dtrya from the dab d delvery d the Equipment b accept such Equipment. h the event the Egtipmertt k rte atxepted by Leetreo wiMttrt 1hYty (30) days from the deb d Its delivery. Lessor, at Lessor's sole option, shall have the rigfa b terminate ttw leasing Sehadub rdafod thwefo. Lessee shell evidence ks aceapbnoe d the EgWprnart by artetanirty and delNednp to lessor s delivary end acceptarae certificate h k» brrn d FxHbil 8 to the Irtkiait leasirp SchedWe attached hereto and made a ~ hared (the "Atxe~rtce Certlficab"). Lessee hereby authorizes the Lessor a add b the respective Leasing Schedule and b arty other decaiption d the 6gWpnwnt ors aerial number d arch kom d Equipment when evatlebla 3. TERM" This Master Lease shall become e9ecUva upon lets etWeWon tiered by Leases and L.ewor. The initial tens d any Leasing SehedWe shall commartce on the data lessee etceasss the Delivery and Acoeptartee Cartlfieate (rtt kdry (30) days ~ the Equipment fs installed and aperatl«tal, k ro Delluery and Acceptance Certificeb has boon executed an « bef«e such dab) (the "Stan Dele'~ and elicit ooritlrtue through the and d Lessee's Rxel year mmaininp Uw Start Drle end. unless earlier [ennhated es exprensy provided for h this Mastx lease, attell bs aulotrWicaly renewed on a year-to-year baste for the number d annual fiacel periods necessary to comprise the lease term (the "lease Temi ' 4. REM. Lnsee egroee m pay b lessor « any assignee (as defined h section 22 hebvu) ilia renal payments for Ute Equipment as set ttxet h schedules leech a 'Rareal Ptiynant SehodWe", to bs h submanUelly rho form d the Rerial Payment and MarUzation Schedule atlacited n F~dtlWt C b ttw httlal Leasing Srl+eduie) in rasped d arch leasing Schedule, and on aech dab sot font in a Rerdel Payment Schedule shell make payment (a "Bernd Payment") in such amaatts n is set tent in the Rental Payment Schedules. A portion d eadt Renid Paym.riL Is pnld as end reprasettis the payrrtgrk d axerea h such amount ea is indicated Tor such payment date on a1 Ballet Payment Schedules. A portion d the Capital Cast eat foMr h Eodtibk C msY M irkersst accrued on the cost of Egti~prtant Tr«n the date k o ordered to the date d eccoplanw by Lasses heretstder. The Retrial Payments shell be pnyebb, w0hout notice « demand, d ute otfica d Lerparr (or such other place n Leas« « arty assignee may designate h writing, front time to time( and shall axnmentx an kp Start Dots « as oiterwiee ~ Torth in the Flersel Payment SchedWes, and shall bs due and payable «r the same day d each c«tseeutlw month « gttartar « semianratal « amual Perbd tfttaealtar (tadess otherwbe designated on the Rerxal Paymerk Schedules) during ate Lease Tenn. Arty rtoUee, imoic(rp, purchase orders. quotatlorts « other lorrtts « procedures ~wadvance d~8teppaymtxtt date tot tl~ie m~mplNion ttiereot by L~ «aatgnae prior to such payment due d~To Cie xre t pcrmikod by ttppticehls law. wienever any portion d a Renal Paymem la received by lessor « iN assignee more than ten (10) clays from the due date, lessee shell prry Lessor a IIS »1at9ttee. on datnarta as a late ctltYpa, the greater dtwenty-fwe riollars (525.00) or ten percent1109o) d stair overdue emounl EXCEPT A88PECIRCALLY PROVID®IN SECTION B HEREOF. THE RP1iTAl PAYMENTS SHALL BE A660WTE AND UNCONDRIONAI. M ALL EVENTS AND WILL NOT 0E SUO.IECT TO ANY SETORF, DEFENSE, COUNTERCLAW. At9l1TEJAB~IT OR RECDlIP1AElt1'T FOR ANY IgASON WHATSOEVER AU Rarttal Paymerss shall be payable out d the gertarW funds d L.esrae « out d arN othar avakat~le fords letnor may revoke atxepmnoe d tltla Lease at arry time prior to HorteywWfr shipment d the Equpmaru k Lessor dolcrmhes Cml (q ny wrWen repreaentaeort made b k by lessee proven to have been felea «rNsleadng h arty material respect when meda (fi) subtagtwnt to Ute tnekkp of nny ouch represertbtbrt there troy occurred a materiel cMrge such stall arty such represarttatlon a8 made La rat alts and mrtact. « (Ill) eryr event which watW GOrtrtie/te a defauk under lets Leese has ocaarad. leaser msy revoke atxep4artq d ells laaae d arty lime prior to the date (f 0J days agar the lease Commertcemard Date k there has bean a sttbstarsiel amt rrtatsrlal prangs In Leasee'a financial mnWmn « operetions which has a matedal adver9a ellect on Lessee's cred'd vroretinees. M the Leine Commertcament Dab does rid ocau wkhdt one hundretl twenty (1201 days 1« one hr+xtred eigtdy (180) dsys h Mw evwtt Leases auhrtJts b Less« upon ttxecuthrt d rho Lcasc an amount equal to two (21 Rental Paymerss), rrom Mw dab d Lessor's execudan d ihb Lease. Lessor may must the momhy rem payable by Lessee a the Uteri cvrrard rata beep charged by t.essor. ti the I.eaae Cortmettcemettt pale elan rot oectr wkhh Uuee hundred sixty (3601 days from the date d Lessor 8 executigrt d Chia Laaw. I error may revoke accaptarree d tltis lease. S. AUTHORITY AND AUTHORIZATION. Lessee repreaertb, vavranb and cavMants Utat (e) k attaN do « causes Ur Lies done all things necessary a preserve and keep in lull force and eRect (i) in existdtce, and Ii0 kUs Neater Lease and all Leasing SchedWes: (b) k has complied with all bidding and lxsipafhg requirements where rttaxssery end by elite raUfieatlon lies preaertted this Master Lease for approval and adoption as a valid abligaUOn on ios pact and that aN regtrirerrteras have been met and procedtaes have been followed to ensure the eniorceabitly d ells Master Lease and the Instal Leaning Sehedtda (cl k has sWficiant appropriations or other Itatds eveilable to pay all amourxs due heratatder for the current fiscal pedod; Id? no event has ocetxrcd and no condition earn which, upon the execution of this Madwr t ease or wlet ratite « the passafle of time or both, woWd constitute a dclauU tinder any debt, revenue or purchase obligation which it has issued or to whkh rc b a•pany (the "Obdgatlon'7 oar has tt been aeteWt under any Obligation at any time dtuing the past five (S) yearx and (e) no leas, ronW agreement or contrail for ptaehatre, to wMCh Lesgae has Wen a parry, at enY time during the past Live (a~ Years, has been lermirrated by l.easea aS a resWt of Ytsidfit.Yara finds Wing a{tpropnetal In arty fiscal period & LESSEE CERTIPICATION. LessN warroMS and eownems and shall cadiry prior to the eftsetltts date of airy subsequent Leasing Schedule That li? h is a state, or a pdhlt:al aubdlvtsbn thereof, w1tlWt the meaning of Beeson 703 of ttq Intemd Reverltas Cods of 1966, as amended (the "t:otle"I. and the related rogWatlona and rulings tFferaurtdar: (a)1,essee's oldigetlon under tide Master I.eaas etxrsWutes an enforoeable obligrtion issued by or on behalf of a state. or potllkd srs7tlWLtlon 1ltrtaof. such that arty interest ineeros derived under this Master Lease and tlue Lessor or its assignee, inducting, txrt rid limibd to. those arnoratts dWgnefed as Itttxest In the Rer1181 Payment Schedules shall not be includable in the gross Income d Lessor. ib atuspnee or any pertleipxds with such for the purposes d federal ktcorne taxation; (iiq this MasW Lease repreaems a valW deferral payment obligaton d Lessee fix the smote[[ herein [tat tt7Hig (iv) thin Master Lease aeatea, and each subsequent Leasing 3chatlule when amched ttarelo wid assts, a valid security Interest in the Equipment, (v) Lessee has the legt{I caPacttY to errcer irtb this Master Lease and is not In comrawmltnt of any slate. county, district, city or town statute, rub, regulation or other govammerttal Provision: {w) during the Lease Tenn, 1W Equipment shall not bs used in a trtrde a btrsiness.ot any other person or er+H?1l: (vii) Lessee Ntad, wtlh rsapea to the Irdtld Laskt9 9ohetlule and any sutxavquertt Wa+k+9 SehedWe, eomPlete and flU an a tknely basis. Irdemal Revertua Sisrvioe form 60388 or 60.f69c. ar apprt>prisds. to uw manner set forth in Seetlon t49(e) of the Code: and (via) Lessee's psyntems under the MtraUr Lease are rat gtmranued pn wirole a k part) by the Unwed Stales ar any egenty or Irttttrumtxttalhy thereof. T. APPROPiiJAT1ON8 AND ESSEDITIAL USE Lasses shah rtat ereer IMo em Leasng Schedule unless it roasortably believes that otter taking imo accputtt ttxtch Leasing Sdwdule, funds sttsU W oWalrtebls in an emote[[ str6kiers to make aU Rxttd Paymxtb during the Leave Tenn. Lasses hereby covawris that tt shill do all thkpe law(uay witlrkr ib power to obLin lands from whkh the Remal Payments may be made. inchWklg making provbiotts for atuh paymtmts, th the mclrttt rtgeesfery, In each Widget atatrrtitral for the purpose of obtaining landing, acing Its bona fide Wet albr0a to have sunk portion d 11te budget approval and axhwslhg all available alminbtratlva reviews and appeals in the event such ptutlort of the budget Is rat epprovaL N b Leewa'e irtgrrt W make the Renal Paynteras kr the lull Lease Term a funds are legaly evtrllable tlterefor end in that regard Lessee represxtts that 1>a the uw of the Equipment is ettsardial to iq Proper. atlkism and sconomk Tunctlating a to the services lhet a provides to ns cttbans: (b) tsetse hu an Irrtrnetllx0 need for antl expects to make imrnedWe up of substamlaay all Ilse Equfprrtatn, which need k not Umporery or xtperyad U dkninish in the fttreatxabls tuetre: and (e) tits Equipment ahstl be used by the Leases Doty ttx the ptrrpofe d perbnNng one or moro of des povammentd or proprietan luncuoM tronslMam with the permissible [[trope of Its authodb. tL NONAPPROPRIATION OP PONDS. In the event no funds or Intuddcixtt (ands xe appropriated antl txWgoted for the ocquisiaon, retentlor or operation d the F.quiprrtatd and pride are otherwise tatavallttWa by arty ttteans.whtasoeva. for arty fiscal period in which the Rents Paymerds far th0 EqulpmsM ate due under this Master Lease, then lessee shaft, not less etas sixty (601 date poor U the end of the Reed period for whkh (ands haw bean appropriated. th writlng, notify Laoor and any Assignee d such oewrrw+es. This Master Lease attall thereafter tetmktate and ba rendered null and void on the tart day of the fised period tar whkh eppropAatlons were made wittrou penally, liabltlly a expxtss to fife Lessee of arty kind, etrcept ea t0 01 the Ptxtlana of the Renal Payments herein agreed upon for whict [ands shill haw been eppropda0sd end budgeted or aro otherwip available and (d) Lessee's othm obligatlorts and liebitltlea under this Master Lew relatlng to, acautng or arising prkr to such termination. In the swot of [Wilt txndnation, l.eaaee agues to Deaceably surrende possession d the Equipment 10 lessor or hs Asdgnes on the date of cudl termination, Peeked for ahlpmam in accordance vviltl inenUfacturer': specifieationa end Nl~bb for manulmWrel's mdttfenanee. end lreigM prepaid antl irtsural to arty loeafion in the contlnenW United State tleaignetsd by l:sssoG ed x Lettsse's expense. Lessor or ka Assignee may ekerotse au available legd and equitable rights end remedie in retaking pwsasdon of the Equlptnerk Notwithstertding the foregoing, Lessee agrees la) that if tide Master Leue is brminated in accordance with the preceding peragrapl Leases shall not purchase Isase or rent equipneM whkh performs iW same functions aa, or functions taking the place oL those performs by the Equipttxmt, end aheN not permit each functlons w be perbnned by its own employees or bll any agency or emtty affiliated wii or hired bll Lessee for the t>ilana of the Reed period in whkh such tentdnaflon otxtus or the next strt:ceeti'tng fittest period thereakE and (b) that it shall noL during the Leese Term, give priority in the appdcefion d turtds U any other iwctlonaly aimiler ttquipmertt. 0. UMITF.D WARRANTIES; DISCLAINFJi OF WARRANTIES, ANO WANER OF DEFENSES. Lesser has provided Lessee wiet cenaln writte limited werrentles trdtlt resptG to the Egtripmatt Except for such Nmital warrantleq Lessor makes rto warramy of any kkd or naerra txpres Or trnplkd, relatktg t0 the Equtprtsrs Q iU pef(OnneflC@ W tl'1B inatalletlorl and SetVke thereof. Regardless d cause. Lessee Wiil not aSSE, any Claim whatsoever 8getrtat l.eeaer for toes of ariidpatory proRla Or any otfrer irtdirecL special ar eon>equxttld damages. 10. TRL~ SECllR1TY AGREEMENT. Title to fits txM fa deemed to W in Lessee ao lorq as ro Everrt d Dafauk ptastterrt to Secdc 79 blow hss ooctural and/or this Nester Lets has not Next txminated ptuarrard to the providata of Setdiat 6 show. At the katant It Master Leese is tertrtinated n accordance wish Section 8 show or upon the acurnertee d en Ewm d Default by Leases Pursuant to Sedir 18 below, ikb shill revert m Lessor kee d arty right, title or interort d Lawn tnksc Lessor ia~ atherwirra In xder to saeuro all d obligatiwts hereunder. lessee ftereby (a) grants b Lessor a Brat aril prior aeWdry inlxed in any and all dgtds, title aril interert of I.essc. in this Masser Leese, dl Leesng 6chsdulea the Equkaaern and in all eddifier4 atlactsnentb eceo~t6. aeeassodes. replacements, improwmer and wWtlkttlotts thereto, now or hxaaftsr acquired te98dter with d rents. iastrea, irteorrta profile ertd proceeds titered, Inducting insuran• proceeds; ib) agrees that fins fdaeter Lease irtdtding ad Leadrtg Sof»dules may W fiUtl as a firtsneNg atatemertt evidendng such recur intxest and Iel a~eea m etrei-ruo and leaver all Mtrttttirtg statements. rremfieatea of tale and othx instrunvfnts necessary or appropriate evidence and petleet such t;antriry inkrdt. Lassos 1lutlier agrees that the Urn(am Commerdal Coda shwa appy a9 ttxween the Parties here and asck~nees of Lessor. tt_ PERSONAL PROPERTY. The Equipmem is erd shall romdn, persond ProPenY and shad not W deemed to W afixetl or aanched red property w arty Uulldirrg thxecn. If requested by Lessor, Lasses shall at Its ettpenaa famish tD Lessor a lertdlord or mortgagee waive wrch respect m the EquiplneM. t2 USA RLrFAIRS. Lassen shall the the Equlpmerrt th a careful mtrmx far the uw coritempkted try Honeywell Inc, and rhea rnmply r, sU laws, artsnanees, insurance policies and regulations roladrtg to. std shall p~ dl ci>rts, dattns, damages, fees and charges arising . at, tin possession. tae or maimenance. Lessee. at ps sole cost and expiates. shad mainuirt the Equipment according to the manufacWrE recommended gWtledrtes or ere equivdeiY and meat any antl ell reextd'icanon raquiremems and shad famish proof of such mairttenan it requested by I.asaor and shill mmistt dl needed ssrvwktg and parts, winch Pans sftatl become pan of the Equsxnertt If the Equipm ix xuch as Ls customerly covered W a mairsertance egreemern. Lessee shall sitter ml0 a mdrdertxtce agreement wiM a party saasfact to Lessor and punish a copy thereof m L.essar. 13. ALTERATIONS. Lessee Shall not malty atteretions, additions a itnprovemerOS m t jugxrrent without Lessor's prior wriOert consent and arty pertnated akerffion a aaachment which cannot be•readiy removed wittout dart,_,,.ng the Equipntertt'a originaly irrbnded function err vdue shed become Pan d the EquWmsnt 14. LOCATION; INSPECTION. The Equipment shall not be removed from, or it the Equipment consists d rolling stock, its permanent base shalt not be changed from, the Equipment L.oeation without Lessor's prior wrfden consent, which consem shell not be tmreasonably withheld Lessor shad be entitled to enter upon Ole Equipment Location err elsewhere during reasonable blsiness hours to inspect the Equipment or observe tie use and operatbrL 15. LIENS AND TAXES. Lessee shall keep the Equipmem tree and dear d ell levies, lierta and encumbrances except those creased under this AAas10r Lena Lessee shad Pay, when due, aU charges and taxes (federl, stare end lord) which may now or ttorealter 6e imposed upon the owrtarship, leasing, rental, agile, purchase. possession or use d the Equipment, excluding however, ad texas on a measured by Lessors net income. O Lasses tel16 m pay said eherges end taxes when due, I.as~r Shell have ins right but shad not be obligated, m pay said eherges and taxes, ti Lessor pays arty charges or taxes for whkh Lessee is responsible W Ileble under Otis M86tar Lease, Lessee shall, upon demand, teirnburee l.easrtr titerelor 16. RISK OF LASS; DAMAGE: DF_S'TRUCTION. Lessee asstmtes all risk d bss d or damage m the Equipment hrrn arty cause whatsoever, and no such loss d err damage td me Equipment shall relieve Lessee d Ole obllgatbn 1D make the Rental Paymerns or m ptx(arn arty other obligdkxt under Otk Master Lease. N the evari d damayn m wry dtrm d Equipmer0, Losses shall kMtedia[ely place Ore same in good repair (Oto pracaeda d arty irtsurarxx recovery shell he eppded w the coat d ats3t ropair?. d Lessor ddertninss Otat arty item d Equipment is lost tuolen dsatmyed or damaged beyond repair, Lessee, al Ole option d lessor, shell: (a? replace the acme wdh Idea equipment in good repair. or _(b) on tlta next Rental Payment data pay to teseor (g alt anrouras owed by Lessee under the eppl(cvbhs Lemrkrg Schedule. inducting itte Rental Paymem dtle on such doe, erW (ii) an amount rtd less then iha balance d the Ranbl Payments On tlts Rental Payment Schedule Then rerttainktg tnpaftl hereunder. In the event that Lessee Is obdgabd TA make such payment with respect b lass than ell d the Equipment described on a Leaainp Schedule, Lessor shall provide Lessee with the pro tab entourtt d the Rental Payment and the balance d the Renal Payments on the Rerdal Payment Schedule then remdning urtpeid thereuttcter, m appdeeble, tiD be rtrade by Lessee vutih respect to the Equipment which has stllfered the event d lose 17, INSURANCE 1e89e@ 91tsd, al ib expense, meirdain d dl tirrrea during Use Lease Term, fire and extended coverage, pubik liabildy and properly damage insurance wtih rasped m the Equipment in such amourtb, covering mteh risks, artd with such Uwsrere as shad be satisfactory f0 Lease. The irtmnrentar I'snb shall 6a in an amount not less Oran the balance d Uto Rersal Peymsnta thou remaining for the Lease Tenn. FBCFr insurance pdicy shall rramc I,CSgCe as an inmrred and Lessor or in asdgns m an addtilortd irtsrred or lam payee, es eppropriafe, and shall tbrtmct a douse requiring Ole inmrrer to give Lessor a Its assignee at least thirty (30) days prior vnttten notice d arty dtaratlon let the terms d such pdicy a the cancellation shared. The proceeds d any such poddes shall be payable to Lessee and Lessor or Its assigns, as 1hav intends may appear. Upon acceptance d the Equipmeris and upon tvclr insurancx rondtval date, Losaeo shall deriver to Lessor a eertilkde evidencing such insurance. In the event d arty loss. damage, injury Or trcciderd Imrdving lha EqulprtrerU, Leases shall PrxnPdY provide Lessor wlUt wriOen ndiee thereof and make available to Lessor aU itOOrrrtation and donxrtarbdon rebting Orerem. fJdedUtsbnding the ftxagdrtg, with Leaapr'a prior wrieen conaerrt lessee may sad-irr6ure against arty and all risks far which irmurence is required 18. INDEMNIRCATION. In IhB everts tltet Lessee is trot a able or political sntbdivision fttwed, within the meaning d SecGOn 103 d rite Code, Or ti Lessee, whether by der use d the Equipment or by Its actions or omissions ttr by erry means vdtanoever, causes arty irrterest payment as sat font in the Rwtbl Payrtwnt Sdwdule b be inducted in Lessor's gross inooma, Lessee agrees b pay m Lessor, its assignees and arty paAfciparOs with such, en additional amount which. together wdh Ole amount d Interest fd be paitl by lessee under this Master Leese. puts Lessor, ds assignees end any partidpams weh such, in tits Seine dter-tax position >heY would have been in had such payments been exclusbd from the gross income d Lessor. Its assignees and arty partieipards wdh such under Section 103 d the Coda. In addUion, Lessee agrees to Indertxtdy any aasignea, or arty pattidpanle wiOt such, harmless Irom, arty and all dairts, anions, proceedings, expenses, damages, Ifal>itities or losses (Innuding, but not Urrttled to, attonteys' tees and court cams) arisktg in connection with Ole Equipments, including, txn not limited t0, ti8 SdeCllOn, purchase. delivery, ptxumainn, use, operation or reacts and Use recovery a tiaitrs under insurance policies thereon. tY. EYEt1T5 OF DEFAULT. The tarts "C-vent d Default", as used in Otis Maser Letaee. rttaars the occurrence d arty one err more d the following evmtts: lal Leaaea fdLs to make arty Rental Peyrnent (or any oher payrttem? as ti txcomes due In rtaordanex vAtit Ole terms a Ihia Hester Lease a any Leasing Schedule, and airy such taiWre eonrinues for five (51 days e8er Um due date thereof (b) Lesser, fails m pedortn a observe any olha covenants cartddlon or agreemard to be ptrrlorrrted err observed ~ U heretmder and such failure is rat cures within tart (10) days after Ore giving d writiret rxtlicn thereof by Lessor, (c) thtt diacovey by lASaor that arty statemerrs represettbtion or vrananty made t7y Lessee in Ode Hasler Lease, arty 1 °sd ~ Sd+edub or in any doraanerd ever delivered by Leases pursuarrt heraDo or in connectiior herewith it fates. mieleadktg or ertorteous in arty material respect (d) Lessee becomes eoolverU. b unable tD pay der debts es tltey become due. makes an ataignmeM for Oro genefil d tneddore, apptfe9 tx rwtserta m the appgntmenl d a receiver. Irustae, conservator err liyukJata of Lessee or d dl or a aubtlbnttel part d ds aseeta a petition for redef is filed bV Lessee under federal ttenkrupfey, insolvency or similar laws, err a petition in a proceeding urxter any bankruptcy, tnedveney or similar lewd is filed ageism Leatsea and is rtd dtsmisaed within titirl4 (30) days lftsreatler: le) Lessee sulfas en adverse materiel change in ib firrendd eont6tion or operations from Use data hereof end, as resod. lease deems used ktsecure; or 10 Lessee snarl ba in defeuh nstder dry other agraemem executed ar arty time wqh Lessor. Its atfiliaUr~ or Lessor's aasigrtee or under any othx agraemeM or inswment try which ti le fxxatd 20. REMEDIES. Upon the oaeurtenee d en Event d DefauR Lessor msy, d der aptlon, exercise any one a more of Use folowing remedies (a? by vrrfiten notltre to Lesse& dadare an amarn equal to ad emourus tlten due under OUe Ma7td Leese and aY remelning Rental Payment whkh shad become due dWng the fiscal period le effect when detauti occurs d arty err ad leasing Schedules to tte immediatey due an: payd>te. whereupon the same shill become y duo and payablx (b) by wriaen rtolbc to Lcaacc, rcquod laasoc m (and Lassa egreea tltat it shelf, at Lessees expanse, promptly return Ole Equnrmera Subject m dry or ell Leasing Schedules m Lessor in Use manse sd forth in Section 8 hared, err Leaser, at its option, may enter upon ttte premises where the Equipment is kroafed and take immediate possessioi of and remove ti1B Soma without Ilebdiy for such entry or for damage to properly or oUwrwiw: lcl wll any or dl d the Equipment subjec td arty W all Leasing Schedules at private err pubdc sale, wuh a wroroul mice m Lessee or advettlserrtertt or lease the Equipment or sublease rt for the aCCOUnt d Lessee, froldhtg Lessee liable tOr IO ~ Rental Payments artd enter Payments dos as d the effective date d such sellirrc leasing or subleasing, and (i) fa the dflorenco between tfw purchase price, rerNd and other amounts paid by the purdtasar, lessee or sublease pursuant to such acts, lease or sublease and the remaining amounts payable by the lessee herntrtdar, and (d) exercise any other right remea or privilege which may bo available to it under applicable law, including the right to (I) proceed by appropriate court ectic GS/diEVIgN Mr r7t xe.m.nwo IGONr~NUEG ON NC'/tN`- Bowes e,d arms m sits Masser ~easa. 1"" '+cove? nemagsa to ate areecn a tips Mesta Leeo. and (ID ternunete this Nearer lease ss b any or all d the Leasing Schsdtafea In addhbn, Ltase shah roenam liable to covenants and Indemririas trdar this IiAe. ~eme end for all legal fop end other costs and expenses, indtriing court coats, incurred by Lesor wah respect b the eNaeemad of any a the renrediee iisbd above a ary other remedy avatlebls ID Lessor. 21. EARLY PURCHASE OPTION. Lessee may, On arty Rental Payment Date, with rvpeet m a Leasing Schedule, upon sttdy (BO) days prior written notice to Lessor. and provided Lessee shall have fuly Paid and pMormed att other obllpatlats hsrouncbr and provided no Cwem d DafaWt has otxuned and is eonritttrinp. pay m Lesor the eppfitable amaatt set tent a+ erry Renal Payeetsen Schedule attached b the applicable Leasing Sdtedule, wheratpon tme m the Equipmam aseoeismd wqh such Leesinp schedule shoo become urtwndirionaily reeled in lessee and Lessor shall transfer arty end all d im right Uris aced ieetsrast fn such Equittmem b Lessee v ia, vphera is, winrout warranty. at~rsss a impaed, seceepl that Lease shall wanwa b Lesee tllat Ilre Equipment Is tree era! dear d arty I'btts created by lPeaer. 42. ASSIONM~IT. Wrihout Lessee's Prier consam, Lessee shYl not fel atWpn. hanatx, pledge, ttypolhecme a grant eY security interest In, a otherwise dispose d. this MrESOer Lease. the Inirial Le~O.SdeerNlle. the Leasirq 3ohedule a 1M Equipment a any interest in shy d the foregoing a (bl sublet a lend the Eqult>rrlattt a permit fro Equipment b be used M artyaro otlta anon Lessee a Lessee's omplcrass• Lessor, without the consent d L.eeees. may aseigr+ all a eery pordon a portions d fls right title and Interest m and m tHs Master Lease. arty Leasing Schedule. Bte Equipmtxs and any dha deaatrents exeetrted with rasped to this Nester Lease. arrd/a gram a assign all a arty potion a pattatt d in aewnty Interest m this hAaatrr Leese. are Laving Schedule artd the Equipment. In while a in pert b various assignees, their aparibl a hus[ees ledt and ae?Y ot» hareireller rtdetesd>o a an "Atraiprtee'1 Any suds assignment to an Aadgnae rnsy provide That Lessor a the Assignee shell act v a cdbdlon end paying apeett to adders d eartldcatas d partldpltlat in this Master lases, a may provide Mrs athird-party trustee err sperd shell set as eoYeetlon and Paying spent for eery Assignee. provided Lessee receives tsritten rtotiMcatlon d Ute name and eddrev d the htrslee a the apart and a copy d the poofirq affil hsctlateii>zatfon agency or wstea agreement. H etry. Any wilt Attdgnere shall have afi d the errttigrad rfyns d Lessor under this Nester Leese. 3ubjeet m the foregoing, rite Master Lava ahefi Inuro b the bwteltt d and b birtrfirtg upon the MMs, e+asottors. ~ sucwssora arW esigrra d the thethe ~ipttteM shell s ~ reseslgrtmsM d ~ ears tiglt,lWe or IretMeet ht Utis AAesta Leetta any Lensittq Sehedds a or reassignmers is made dlseloaing tl~ie items ~tda ddress d each~ide~ ~ ~ whiedt 1M avignment Aeaigmo and, vrttere appfieable, m whom lurdtsr payments hereunder should ue made. Duritq the Lease Tann. Leese eoventuns that ri ahY keep a complete and accurate romrd d afi aseignmerns in form rrseessaey m comply wrih Sadlon 149(e) d the Code and the repuWiepm, proposed a asiph+p, from time m rime ptomulpated thereunder. Lessee epee m tdmoaaedge. in [wiring, arty aefgnmems if eo nquestsd LESSEE AORI28 THAT, UPON NOTICE OF ASSIQNYWiT, IF ti0 p~TRUCt'®R SHALL PAY DIRECTLY TO THE A1~IGNEE, OR ITS TRUSTEE OR AGEfli. WRHOIlT ABATBIAB~iT. gEDUCiIOTt OR SlTDFF, ATL AMOUNTS WtdCFI BECOME DUE tWAEUNDEA. LESS~HEIi~YACIp~tOVY1.F~0ESTH11TT1iEASSKiNEE ~ NOT A MANUFAC7Ui~i. V@IDOROR~BUTOROF ANY EQWPMENT, THAT AS810NlS FLAB NOT MADE AND W4L NOT MAIf~ 4NY I1TAT10N OR WARRANTY. OGRESS OR IMPU®, WITH tiESPISCT TO THE MBTCHANTASp„iTY, CONDfT10N, QUALITY, DI/IAlE.ITY. DEi10N, OPBTATION, Ri1JES8 POR A PARTICULAR PURPOSE OR $UfTABWTY OF THE ~M9iT, AND L13S~ A~9 TO MAIQs AN1I 9UCH CLAIMS DIRECTLY At3A1NST THE MANUFACTUR9T AND/OR SELLER OF 71fE EQWPIiENT. LESSEE FilRiFIER AQRlZS THAT R SHALL NQT A86ERT AtiA1NliT ANY At~10NEE, TRUSTEE OR AGENT ANY DEFFJ'ISl. CLAM. CDUNYlpd.AlY OR SETDFFON AaOUNT OF ANY REASON WHATSOEVER WiTH RESPECTTO ANY RENTAL PAYMENTS OR OTHER ANOUNTB DUE H~Ki~ OR WRH RESPECT TO ANY ACTION BROUGHT TO OO'iAW P081iES8ION OF THE COUIPYBQT PURSUANT TO THIS II/STEA LEASE 2~. NATURE OF AQiIEEMENT. Lava and lessee epee Bret K is stir ksetsion ItteL br fadewl Income tax purpose. the kttetsst d Lessor In the Etpspttsrs b v a eswred party aril the irneroet d Lesev is v a debts. and thn Lessor rterihar ttv nor shall here ary equity. in the EgWprtrnt tt fa the agreement d I.esecr ant Lesve than the eggregete reMel peytnetMa provided for an city Bernal Pityrtteen Schedule oatstlees rice prsdtase prim d the retched Equirxneen topettta with irssret an fife urtetett>etlxed amcunt thereof over 11te Lean Term d the Leasing Sdtsdula. ritat each retormty irtstaarneert d rail mnsfihnes ptktr:ipd and ktterest m eel totMt in rite Rental Payment Schedtb. which fully atnorrizes iha prrdtese price d the rdatad Equipmen bp7tlra wqh Itllereat. over the Oarm d the Leasktp Schedule. and that upon the due end purrdwl payment d ed 'eutsllmerrts d Rental Paymann and slicer ernotrts and otligeliblts rstder fhs Leasftq Schedule. ritla to rite rotated E4 stray vet permanently n lessee a6 provided m fhb Master Lave, tree end deer d any Vert a vwnhr d Lesser nlareiR 26. NOTICE. M naives m be gHen urrda 1Me Mesta Leese shed be made in wntnp and mewed !ry aatified mail m the utlxr party ~ its itddrev eel forth haresr a at such addroe v the party may provide in v,ritlttp hem rime b time. Any such noses shall be deemed m have been given five (S) days attbvgtrerrt m rereifietg. YS. SECTION HEADDaGS. Act section hoadrga coeteirod herein are for itre coetveetierxe d relerenp any and are not irrtettded b dente a rimil the amps d tttry provision d this Master Lease. 26. QOVERNWG LAW. This tAaster Lars shell be pNemed by the proviaiars hared and by die laws d the state m vdtich the Equiprrlen fs locetad. 2Y. FURTHER A55URANCIS. Lasses shell aaeeute a provide, as regttssted by teseor eery doa,mertls and 1nlormaricn witch aro reasonabh necessary wan reaped b the transersorta corteretplated by ells Nasty Lease. Leave hereby audrodasa Lessor m erreeuts end toe on beha: d Leresse and v I.AeSee's asontsy.iMtd soil, UCC Ikranckip and wrNkaesrion awarewerts s Lessor deems necesary b Beare tb and. a Rs assign's interert ti the Equigneen a dis agreement 26. ENTIRE AGREEMENT. Thk blvoer I,aeee, topenta wins the azltl6rit atladred hereto and made a part hereof and crha aaadttrtent: hereto. and oriiar doetutterrrs a irotrummts wrauned by I.essae and Lector in connedbn treeswist eortarians the erthro aptremem betwco~ the parties wuh rvpett b the lose d the Equipment, and tltis Master lease shall nor be modifwd amended, altered a changed exceF with the vrivn catsutt d Lessee and Lessor. 29. SEVERABtt.iTY. Arty prouislon d fhb Meaty IseSe found b he prahihiewt try law shall be ine%ctive b the erctent of such prohibltia without invaltdarirg the remainder d this tAaster lease. 70. WAIVBL The weirs by Lassa d any txeech by Lessee a arty tent, covertant a corrdiriort texad shill not operate ere a waiver ~ arty suhsequtxn breech hereof. tES50R: Honeywell Ina LESSEE mow, errrrr tzm~ ev: X urtwnace,~eocra+e BY' .wrrr®wve.roima .raran:owoncn.aTmr. ogre - .,.,R~ Honeywell EXHIBIT E-1 to MASTER STATE AND MUNICIPAL LEASE/PURCHASE AGREEMENT CERTIFlCATE OF RESOLUTIONS i do hereby certify that i am the duly elected, or appointed and acting Sacrntary/Clerk of the ~ _ _ the "Lessee"). an agency duly organized and existing under the laws of the State of and that the following resoluliona have been presented to and duy adopted by the - - at a meeting duly and ragulany held and convened in accordance with applicable law on the day of _ , 79 WHEREAS, the Lessee IS entering a Master State and Municipal Lease/Purchase Agreemartt ("Master Lease's dated 19 _ ,with Honeywell Inc„ NOW, THEREFORE, be it RESOLVED, that the Lessee be, and hereby is, authorized to enter into the Master Lease with Honeywell Ino. for a period of _ morntts, and be it further RESOLV®. that an aHicial of the Lessee be, and herelty is, authorized, empowered and directed to sign on its behalf the Master Loose and any addenda. schedules, notes, UCC financing statements or other instruments issued under the provision of the Master Leese and any otiter instrument or documoM which may be necessary or expedient in ctxtnectbn wllh agrNmont upon or iuHlliment of tho provisions of tho Master Lease. I further certify that (i) the individuals named below are the duly elected or appointed officers of the Lessee, holding the offices set forth opposite their respective names, (ii) the signatures set opposite their respective names and titles era true and authentic signatures and (iii) such officers have the authority on behalf of the Lessee to enter into all documentation connected with the Master Lease. Name Title Signature IN WITNESS WHEREOF, I have duly executed this certificate antl aftticed the seal hereto this day of 19 Lessee: (Municipal Entity) (Signature of Secreffiry/Clark) (Printed Name) CpEIVPGJHON 1731-e1 02.95 - E~ITC AYOR'TPA'1SOY6P1a~AYlldirSCF~OIA~POH1~ .CTi1 ~racsa w?TE aasTC 61eiMNAmdd.79%) 11aiORjYSgRy~ m PA1t1Y1HQP S 4s~9,10 PAYA~tt PA~'A@Tt• 97~IY. 9~ITt31EbT pAg+AYM9iT • Al1O[I!¢T PAD PAD AYOUNT 1 V.~a.70 44,AdT0 OAD 7ri2466796 z +aaodlo aAle~ce 1saaT.+s T,aoa.6aoaT ~ x-70 a~..e •,e 1R0~67g 73760726 t N,24a.10 99.9a6m Ta;7TSOS YrWytiS79 6 44,39L10 ~b7 76371.es 7376,09606 6 44,3odt0 'AS7' T,9g ~„B,C~i,7L T~flyg~ T Y,2B9.10 9A77D.1S 1/,677.96 t3,61310Jt a x/.390.70 20A7m7 ti93y,{ 1~' gg 9 44,a911J0 a0~A2D.19 1ip679T ttYt,ap,A9 10 4/,j99.T0 aD76753 19JID6jB 1.7a6A6A2E 77 asa90.10 A,16TZD 192A0.90 t 2TP,?2079 12 a,A9e.T0 07397.79 tY,970;9t 11169~ST 73 af„786.70 SlfDT38 T0r196,69 - 1,061 to ar,099.10 92lE6,~.f i?.777.A /,097~a Ta 44.7196.10 ii,aRT6 73.7J4>i6 93iJ.771~ t6 ay296,t0 39EE1.1@ T1,7{MM M1l9YS't tt 4s~to ZBrM/.11 t02a69a • 9eassrwo sa 4~3osao a9,64T.9a 7oee6as e9a~w 19 44,390.10 09,21212 10.78196 9a0.7~9:64 2D 4470 Os,MaJ6 9p4a9a 6K77i66 2T II.390.T0 ~iA6T'10 i1108~ 731130.72 ZZ 11,29810 26.47739 fi'mSi 1~Ur16i~ a 443s1o a699ta7 6M9m TQf016J9 a . ~s,2B9-so a6aaslT 401169 066.2~a33 2s 4u96~o 20.7d6sa 73437 esroTaTs a 44,2aaaa ss96a¢ 7,20806 z7' II,ae10 97.89x66 0.76ut 616.t92.p2 a 11,7aaao ammo aa+ea7 slalesas z9 Ia,1961o a9msaz a9ea29 ~a~ eD 4sawao a9p9t,w sw6,7o aT~,96T3s 31 44aaaao s9,es17.ta 1Y4i6T 8N.979Td _ s Ii,~9o10 3s9aass /,aa1s aeofai~6 9s 4s~1o aa19r7A9 4A01A7 906396+16 St !1,796110 40,a76i3 .1'iT1,3B 9959647 9a /a3961o a~ezta 9;ats91 297.96796 96 44~so uy623/ 2~saa7 t76~1oet ' a ara9eao Wae 1a8Rl61s ~ 4sasao s~ 1bu.rs 90'18.77 99 /1,29a1o 4axata 1,W6~D7 46,6sia Io sag9s.+o ~sarr_os sxT~. oao 7OTN.9: s+~fa~aa-1u ss aa62.osrss ifn casrydtiorl9 er- ' DATA