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2020-081 Resolution
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8/19/2020 4:19:42 PM
Creation date
8/19/2020 4:08:33 PM
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North Olmsted Legislation
Legislation Number
2020-081
Legislation Date
8/18/2020
Year
2020
Legislation Title
Ford E-450 Lease to Purcahse
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EXHIBIT <br />MTech Rental Agreement <br />I General <br />Customer: North Olmsted, OH <br />Information <br />lCustomer Purchase Order #: <br />Contact: Joe Auner <br />MTech Sales Order #: <br />Address: 23775 Mastick Rd <br />Rental Start Date (Contract Date): September 2020 (TBD) <br />City, State, Zip: North Olmsted OH 44070 <br />Rental End Date: February 2021 (TBD) <br />Phone: -77-88 <br />Job Location(s): North Olmsted, OH <br />Equipment <br />Email: jau'r—,e—rj'9north-olmsted.com <br />Part # Serial # Description Equip. Value Damage/Comments <br />See Attached Quote <br />Vehicle Information <br />Chassis VIN: 1FDXE4FS3KDC52588 Mileage Out: 3451 (6/18/20) <br />Year: 2020 Eng. Hours Out: 19.3 (6/18/20) <br />Make: FORD Mileage In: <br />Model: E450 - LAMPII MPT Wi SPR2/OZll Eng. Hours In: <br />Rental Rates & Terms <br />Daily: n/a Delivery Cost: <br />Weekly: n/a Return Delivery: <br />Monthly: $12,000 Training: Included <br />Downpayment: First Month Cleaning Fee: $800 (if applicable) <br />Security Deposit: 1$12,000 10ther Charges: <br />Additional <br />' Ali dates are estimated and dependent upon timely receipt of purchase order from customer among other factors. <br />Rental rate and credit described are based on a 6 month term. <br />' At end of rental period, Customer may purchase the equipment in full and may apply 90% of the rental fees ($64,800) towards the final purchase. <br />* All Cues warranty periods will begin at the start of the rental period. <br />• Cus tm om s" opt to purchase equvrrront at any point t"nWhout the rer>eeI Period. <br />*** CUSTOMER RENTAL RESPONSIBILITIES INCLUDE: PROVIDE QUALIFIED/TRAINED OPERATOR, MAINTAIN <br />IFTA REQUIREMENTS, DISPLAY OWN DOT #, MAINTAIN VALID INSURANCE, MANUFACTURER <br />RECOMMENDED LUBRICATION/MAINTENANCE, REFUELING TANK/DEF, GENERAL CLEANING/UPKEEP. <br />Signatures <br />Sign Out: Sign In <br />Date: Date: <br />Cust. Name/Title: Cust. Name: <br />Cust. Signature: Cust. Signature: <br />MTech Name: MTech Name: <br />MTech Signature: MTech Signature: <br />*** I HAVE FULLY READ AND UNDERSTAND THE MTECH RENTAL TERMS & CONDITIONS ON THE BACK OF OR <br />ATTACHED TO THIS DOCUMENT. IT IS FURTHER UNDERSTOOD THAT THIS AGREEMENT IS NOT CONSIDERED TO BE <br />VALID UNTIL APPROVED AND SIGNED BY BOTH THE CUSTOMER AND AN MTECH REPRESENTATIVE. <br />7401 First Place (440) 646-0996 <br />Cleveland, OH 44146 Master MTech Rental Agreement March 7 2018 sales@mtechcompany.com <br />
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