HomeMy WebLinkAbout18-103 - EverBank Commercial Finance - Copier Lease for Fire Station 51_ 0 1 1
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ADDENDUM TO LEASE, RENTAL, OR OTHER FINANCE AGREEMENT
Please fax completed and signed Addendum to 1-866-329-8796
Questions or need assistance? Call 1-866-550-8795
AGREEMENT NUMBER: 41554175
LESSEE/CUSTOMER NAME: City of Tukwila
LESSEE/CUSTOMER ADDRESS: 6200 Southcenter Blvd. Tukwila, WA 98188
This Addendum supplements the provisions of the Value Lease Agreement identified above
("Agreement"). You and We make this Addendum an integral part of the Agreement. Capitalized terms used in this
Addendum that are not defined will have the meanings specified in the Agreement. If there is any conflict between the
Agreement and this Addendum, then this Addendum will control and prevail.
1. Funding Intent. You reasonably believe that sufficient funds can be obtained to make all Lease or Rental Payments
and other payments during the term of this Agreement. You affirm that funds to pay Lease or Rental Payments and other
payments under this Agreement are available for Your current fiscal year. You and We agree that Your obligation to
make Lease or Rental Payments under this Agreement will be Your current expense and will not be interpreted to be a
debt in violation of applicable law or constitutional limitations or requirements. Nothing contained in this Agreement will be
interpreted as a pledge of Your general tax revenues, funds or moneys.
2. Use of Equipment. The Equipment will be operated and controlled by You and will be used for essential government
purposes and will be essential for the term of this Agreement.
3. Signatures. You warrant You have taken the necessary steps; including any legal bid requirements under applicable
law to arrange for acquisition of the Equipment; the approval and execution has been in accordance with all applicable
open meeting laws; and that a resolution of Your governing body authorizing execution of the Agreement has been duly
adopted and remains in full force and effect.
4. Non -Appropriation of Funds. If sufficient funds are not appropriated and budgeted by Your governing body in any
fiscal year for Lease or Rental Payments or other payments due under this Agreement, this Agreement will terminate as of
the last day of Your fiscal year for which funds for Lease or Rental Payments are available. You will give Us written notice
within fifteen (15) days of the occurrence of such non -appropriation. Such termination is without any expense or penalty,
except for the portions of the Lease or Rental Payments and those expenses associated with Your return of the
Equipment in accordance with Section 3 of this Agreement for which funds have been budgeted and appropriated or are
otherwise legally available. You agree that, to the extent permitted by law, (x) You will not terminate this Agreement if any
funds are appropriated by You or to You for the acquisition or use of equipment or services performing similar functions to
the Equipment during Your fiscal year in which such termination would occur and (y) You will not spend or commit funds
for the acquisition or use of equipment or services performing functions similar to the Equipment until the fiscal year
following the fiscal year for which funds were first not available for the Lease or Rental Payments.
All other terms and conditions of the Agreement shall remain in full force and effect.
City of Tukwila
Lessor/Owner (Lessee/ mere
Authorized Signature
Print Name and Title
Adfhorized Signore
Mike Marcum, Technology Operations Supervisor
Print Name and Title
4/23/18
Date Date
Addendum to Agreement - MUNI Universal PL V3 01012012
Fire Station #51 copier lease
AMENDMENT TO LEASE AGREEMENT
Please fax completed and signed to 1-866-329.8795
Questions or need assistance? Call 1-866-550-8795
(re EverBank
COMMERCIAL FINANCE°
RE: LEASE AGREEMENT NUMBER: 41554175 BY AND BETWEEN
LESSEE: CITY OF TUKWILA, WASHINGTON
LESSOR: EVERBANK COMMERCIAL FINANCE, INC.
The above referenced Lease Agreement (the "Agreement") is hereby amended as follows:
Section 12. MISCELLANEOUS:
In this section, the words "NEW JERSEY" are hereby deleted and replaced with "WASHINGTON."
All other terms and conditions in the Agreement shall remain in full force and effect.
EVERBANK COMMERCIAL FINANCE, INC. CITY OF TUKWILA, WASH TON
LESSOR LE
X X
Authorized Signature ut rized Sign rr
Mike Marcum, Technology Operations Supervisor
Print Name and Title
Print Name and Title
4/23/18
Date Date
Amendment to Agreement — Universal ECF V1 06032013
ADDENDUM TO LEASE AGREEMENT Li 5S -1 11 5
Please fax this si.ned Addendum to 1-866-329-8795
Lessee Name and Address: City of Tukwila
6200 Southcenter Blvd., Tukwila, WA 98188
This Addendum is made part of the Lease Agreements ("Lease") between EverBank Commercial
Finance, Inc. ('We" "Us" and "Our") and City of Tukwila ("You" and "Your"). Capitalized terms used but
not defined herein are stated them in the Lease.
We agree to permit You to fulfill Your obligations with respect to property insurance covering the Equipment
via self-insurance for so long as no material adverse change in Your financial condition occurs after the date
hereof and provided that You are not otherwise in default of Your obligations to Us under the Lease. You
agree that such insurance will be maintained in the same manner and for the same amounts as Your
insurance against such risks with respect to equipment You own and that such self-insurance is consistent
with prudent business practices for insuring such risks. If You cease to be self-insured, You agree to inform
Us promptly and to immediately obtain property insurance on the Equipment in accordance with Section 6
of the Lease. You will furnish Us with evidence of such insurance upon Our request and You agree that
nothing herein will be deemed to relieve You of Your obligation to maintain public liability and third party
property insurance naming Us as an additional insured.
This Addendum supplements and amends the Lease only to the extent and in the manner set forth, and in
all other respects, the Lease will remain in full force and effect. If You transmit this Addendum to Us by
fax, the fax version of this Addendum as received by Us will be binding on You as if it were manually
signed by You. However, no fax version of this Addendum will become effective and binding
against Us unless and until it is signed by Us. We may in Our sole discretion require You to deliver
to Us a copy of this Addendum with Your original signature. You agree that the version of this
Addendum manually signed by Us shall constitute the original of this Addendum for all purposes.
EVERBANK COMMERCIAL FINANCE, INC. CITY OF TUKWJI'
By:
Name: Name: pti C- ToANn
Title: Title: tie ( ,"- ahrL CVO
O
Date: Date: 153f /7/ `2-m l"?
Addendum to Lease Agreement - Self Insurance Letter V3 0102012