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HomeMy WebLinkAbout17-135 - Cort Business Services - Office Furniture LeasecORr Customer #: 452222 Order #: 1 Quote Id: 848640 Lessee: CITY OF TUKWILA 6300 SOUTHCENTER BLVD TUKWILA,WA 98188 206-433-1808 Customer e-mail. COMMERCIAL LEASE AGREEMENT 17-135 Council Approval N/A Order Date: Estimated Delivery Date: Showroom: Phone: Customer P.O: Territory Rep: Close Rep: Lease #: 987638 Type: 20 New Delivery Bill To: CITY OF TUKWILA 6200 SOUTHCENTER BLVD TUKWILA,WA,98188 206-433-1808 07/17/2017 07/28/2017 TUKWILA RENTAL SHOWROOM 206-575-4119 TBD Helen Noh Angel Shain Ship To: CITY OF TUKWILA 6300 SOUTHCENTER BLVD TUKWILA,WA 98188 206-433-1808 Customer Cell Phone: L_L E ITEK DESOP.Ifi'T IO? OTY EACH DOTAL. 1 6014347 2 6014348 3 6014349 4 6014350 5 7034621 6 8410002 7 8410014 8 8410019 9 8410020 RENEW SIT -TO -STAND TBL BASE ELEC HEIGHT ADJ RECT TABLE TOP, SQ ED ADJUSTABLE TABLE BASE ELECTRIC 4 ADJUSTABLE TABLE TOP WHITE 22X48 WORK CHAIR MESH WITH ARMS CLAMP ON POWER 2 PLUGS/4 USB HUTCH WITH DOORS/SHELVES MOBILE PEDESTAL STEEL GREY OAK BOX/FILE LOW CABINET STEEL GREY SIT TO STAND SIT TO STAND SIT TO STAND SIT TO STAND AFFINITY STAKS STAKS STAKS STAKS TOTAL PIECES: LEASE DISCLOSURE /EXPLANATION OF PAYMENTS 3 3 3 3 6 6 3 6 6 39 15.00 2.00 15.00 2.00 5.00 5.00 13.78 5.00 10.00 45.00 6.00 45.00 6.00 30.00 30.00 41.34 30.00 60.00 Amount Due At Lease Signing Monthly Payments Other Charges Total Of Payments Advance/1st Monthly $ 0.00 Lessee 1st monthly payment of (Not part of (The amount that Partial month payment 41.63 $ 322.67 is due 08/01/2017 monthly payment) will be paid by (07/28 - 07/31 ) followed by 35 payments of$322.67 the end of the Refundable security deposit 0.00 due on the 1st of each month $ Lease Term) Delivery, Setup & Pickup Fee 350.00 beginning ir7September. The total of $ Installation fee 0.00 Lessee's monthly payments for the $ $ 12,001.12 One time tax 35.00 Lease Term is $ 1.1,616.12 . $ One time discount 0.00 Does not include Application fees 0.00 If Lessee made a partial month payment refundable security Other fees 0.00 at the lease signing, a refund or credit will be issued to Lessee if lease is deposit and partial month payment. Total $ 426.63 not extended beyond the lease term. Total: $ .00 OTHER IMPORTANT TERMS. Read the rest of this Lease document carefully for additional information on early termination, maintenance responsibilities, warranties, late payment and default charges, insurance, and any security interests, if applicable. TERMS AND CONDITIONS: Lessee (designated above) agrees to lease the property described above (the 'Property') from CORT Business Services (CORT) for 36 months(the 'Lease Term') beginning on the date the Property is delivered pursuant to this Lease. After 36 months the Lease will continue on a month-to-month basis until terminated by CORT or Lessee. Any additions or deletions to the Property must be confirmed by CORT in writing and may result in modifications to Lessee's monthly rental payment and/or additional transportation charges. Lessee's TOTAL MONTHLY PAYMENT which is due each month on the first of the month is made up of Base Rent $ 293.34, Customer Protection Plan $ 0.00, Sales/Use Tax (if applicable) $ 29.33, Other $ 0.00. Unless restricted by law, Lessee will be charged a LATE PAYMENT FEE equal to $25.00 or 2% of the Total Amount Due as shown on the monthly invoice, whichever is greater, for each month that Lessee fails to pay, by its due date, the Total Amount Due shown on the monthly invoice. Additionally, all undisputed balances over thirty (30) days past due are subject to a monthly interest charge of 1.5% (unless restricted by law). These fees and charges shall be in addition to all other remedies available to CORT. CHECKS RETURNED OR CREDIT CARD CHARGES DECLINED FOR ANY REASON are subject to a $ 35.00 administrative charge. TAXES: Lessee agrees to pay all sales and use taxes due as applicable. The total amount Lessee will pay during the Lease Term in Sales/Use Taxes is $ 1,055.88. CUSTOMER PROTECTION PLAN (CPP): Lessee agrees Q / declines ED (check one) to pay the CPP fee. For this fee, CORT will bear all risk of damage or loss to the Property (including damage or loss caused by natural disasters such as fires, floods, earthquakes and tornadoes) EXCEPT for damage or loss caused by theft, disappearance, gross negligence, misuse or abuse (including without limitation damage by cigar or cigarette burns, pets, and insect infestation), for which Lessee will remain responsible. The total amount Lessee will pay during the Lease Term in CPP fees is $ 0.00. If Lessee declines the CPP, Lessee must provide CORT, prior to delivery, with a certificate of insurance evidencing fire and extended coverage protection for the full replacement value of the property which names CORT, as additional insured OR loss payee. If CORT, agrees to deliver the leased furniture prior to receipt of certificate of insurance, CPP fees will be charged until this certificate is received. Initis (Revised 09/01/2016) 1 0. ocS�n Page 1 of 3 SECURITY DEPOSIT: Lessee's security deposit, if required, will be refunded to Lessee upon return of the Property less an amount equal to any damage or loss to the Property (ordinary wear and tear excepted) not covered by the CPP Fee, any outstanding lease payments and any charges resulting from Lessee's failure to meet the provisions of the Lease. Lessee shall remain liable for any amounts owed by Lessee in excess of the security deposit. Lessee may not apply Lessee's security deposit to any payment owed under the Lease. UPON TERMINATION OF THE LEASE, PLEASE PROVIDE CORT A FORWARDING ADDRESS SO THAT ANY FUNDS DUE TO LESSEE MAY BE PROPERLY REFUNDED. Refund of monies owed to Lessee after termination of the Lease will be made by check unless Lessee is making automatic payments by credit card, in which case a credit will be issued to the card. Refunds will require approximately fifteen (15) days processing. DELIVERY: CORT shall deliver the Property to the address specified above and on the date set forth above. Lessee grants CORT permission to enter the premises for the purposes of delivering and picking up the Property. CORT shall have no liability for damages resulting from any delay in delivery or pick up of the Property. ADDITIONAL TRANSPORTATION CHARGE: If, through no fault of CORT, an additional pick up or delivery must be made to complete this transaction, an additional transportation charge not to exceed the original delivery charge will be due. TERMINATION AND PICK UP NOTICE: In order to arrange for an orderly close out of this Lease and pickup of the Property, Lessee must give CORT at least FIFTEEN (15) days written notice prior to any termination of this Lease. Failure to provide such notice will result in an additional Pick Up Charge. RESPONSIBILITY FOR MAINTAINING THE PROPERTY: CORT inspects the Property prior to delivery to insure that it is free of material defects or infestation. Lessees is responsible for maintaining the Property in good condition, subject to ordinary wear, and for any damage, loss or destruction not covered by the CPP Fee or Certificate of Insurance, whichever is applicable. In the event of damage or loss not covered by the CPP Fee or Certificate of Insurance, CORT will charge Lessee its costs of replacing or repairing the Property, including materials, parts and labor which will be detailed on the final billing statement. Lessee will not remove any item of Property from the delivery address without CORT's prior written approval. IF LESSEE FAILS TO RETURN THE PROPERTY AS REQUIRED, LESSEE WILL BE LIABLE TO CORT FOR AN AMOUNT UP TO THE REPLACEMENT COST OF THE PROPERTY PLUS HANDLING FEES IN ADDITION TO ALL OTHER PAYMENTS AND CHARGES DUE UNDER THIS LEASE. Lessee agrees to indemnify, defend and hold CORT harmless from any and all liabilities, claims, suits, losses, damages, costs and expenses, including, interest, penalties and reasonable attorneys' fees, asserted against or incurred by CORN as a result of any claim that the Property is infested with insects or that insect infestation in the Property caused personal injury. Lessee also agrees to unconditionally release and discharge CORT and its officers, directors, employees and agents from any and all claims or suits for damages suffered by lessee as a result of insect infestation or personal injury caused by insects. WARRANTIES: CORT is not the manufacturer of the Property provided under the Lease. CORP MAKES NO WARRANTY, EXPRESSED OR IMPLIED, WITH REGARD TO SUCH PROPERTY INCLUDING, BUT NOT LIMITED TO ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. NO ASSIGNMENT: This Lease may not be assigned by Lessee in whole or part. TITLE: It is understood that this transaction is a lease and not a conditional sale or financing agreement. Title and ownership to each item of the Property shall remain with CORT . Lessee will not grant a security interest of any kind nor dispose of any item of Property. Lessee shall keep the Property free and clear from all levies, attachments, liens, and encumbrances and shall not in any way impair CORT's title in such Property. CORT has the right to file a financing statement at any time to give notice of its ownership of the Property. RIGHT TO DEMAND PERFORMANCE: Any failure by CORT to require full performance by Lessee of the Lease shall not affect CORT's right to demand such performance in the future. CANCELLATION: Lessee may cancel this Lease at any time prior to delivery of the Property. Cancellation of this Lease within two (2) business days of scheduled delivery will result in a cancellation fee not to exceed one month's rent. Refund of monies owed to Lessee after cancellation will be made by check unless Lessee is making automatic payments by credit card, in which case a credit will be issued to the card. Refunds will require approximately fifteen (15) days processing. DEFAULT: Lessee will be in default under this agreement if (1) Lessee does not make any payment when due, (2) Lessee violates any of the lease provisions and fails to cure such violation within fifteen (15) days of the violation, (3) Lessee becomes subject to any bankruptcy or receivership proceeding, or (4) any statement which Lessee furnished to CORT proves to be false, misleading or incomplete in any material respect. Upon any event of default, CORT shall have the right to terminate thin agreement and repossess the Property without legal process. Lessee will remain liable for all payments due hereunder and for the fair market value of the Property until all products have been returned and all payments that are outstanding have been remitted to CORT. Leasee shall also be liable for all costs, including reasonable attorney's fees, which may be incurred by CORT in enforcing these provisions. MULTI -USE PROVISION: This Lease is intended for use in several jurisdictions. Lessee agrees that if any of its provisions shall be held invalid or unenforceable under the laws of the state or jurisdiction in which Lessee resides the remaining provisions shall be enforced as if the invalid term was not included herein. ENTIRE AGREEMENT: This Lease contains the entire agreement between Lessee and CORN for the rental of the specified property, supersedes all prior agreements between Lessee and CORT for the specified property, whether written or oral, and any terms, other than the Late Payment Fee, may be amended only by a written document signed by both parties. CORT reserves the right to amend the Late Payment Fee upon 60 days prior written notice to Lessee. Lease: 987638 (devised 09/01/2016) Order: 1 Type: 20 New Delivery Order Date: 07/17/2017 Page 2 of 3 LESSEE ACKNOWLEDGES THAT LESSEE HAS READ THIS LEASE COMPLETELY AND UNDERSTANDS AND AGREES TO ITS TERMS. FURTHERMORE, LESSEE HAS RECEIVED A COPY OF THE LEASE WHICH LESSEE WILL REFER TO AS NECESSARY IN Lessee's USE OF THE "PROPERTY". This Lease shall become effective upon the signatures of CORT's Manager or Authorized Representative and the satisfactory approval of Lessee's rental application. LESSEE 1.�n / 7 l Less e's AUTHORI D REPRESENTATIVE DATE- PRINTEb NAME 11^‘11:b (VVAI-COM Alf2at. n1'52 rQter//3C ci T TLE COST: 14444.1. G'L_ 7/Z%,-4- CO• REN AGER 7 A -HORIZED RE • ESE ATIVE DATE Lease: 987638 Order: 1 Type: 20 New Delivery Order Date: 07/17/2017 (Revised 09/0i/2o1b1 Page 3 of