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Equipment Lease - AT&T Capital Services Inc - iPads and Surfaces for City Departments
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Equipment Lease - AT&T Capital Services Inc - iPads and Surfaces for City Departments
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4/2/2025 8:47:43 AM
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Board of Public Works
Document Type
Contracts
Document Date
2/13/2018
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EM <br />City of South Bend, Indiana <br />227 W. Jefferson Blvd. <br />South Bend, IN 46601 <br />Opportunity M 1-69615278 <br />AT&T Capital Services, Inc. <br />Dick Martin <br />36 S, Fairview Avenue, Floor I <br />Park Ridge, IL 60068-4016 <br />Direct: 1-847-720-0631 <br />Fox: - <br />Email,- rx1432@att.com <br />February 5, 2018 <br />AT&T Capital Services, Inc, is pleased to provide a proposal for the lease of the equipment and/or services as submitted to us. <br />The proposed lease terms are as follows: <br />NOTE: AT&T EQUIPMENT/SERVICES CONTRACT IS REQUIRED BEFORE ORDER CAN BE PROCESSED. <br />Apple Wad 32 GIB - <br />Lease Term <br />Tbtal'Cost, <br />Lease Rate, <br />Down Payment <br />Payment <br />Initial Option <br />$350.99 lea, City 53 <br />Factor <br />Amount <br />Muni - $1 Buyout <br />36 <br />$19,079A7 <br />0.02981 <br />$0-00 <br />$568.76 <br />4 citySurface'table " Its & <br />Lease Rate <br />Rayrnent <br />S�,Ipacl accessories <br />Lease Term, <br />Totat Cost <br />Factor <br />Down Paym6nt <br />Amount <br />Initial Option <br />Muni -;1Buyout <br />I'll, 3 - 6-.- <br />$7,924.70 <br />0.02981 <br />$0,00 <br />$236.24 <br />Rates quoted are for commercial leases only. <br />Subject to execution of Mutually Acceptable Documentation. <br />Quoted Lease Payments Exclude Any Applicable Taxes, <br />Quoted lease rate is valid through EOY 2018 <br />Customer agrees to allow AT&T Capital Services, Inc, to file UCC Financing Statements, <br />Credit Approval will be withdrawn 120 days following the date of this letter if the lease has not commenced. <br />Approval is pending verification of corporate name and final verification of credit information. <br />Shipping Charges are not included in Data Equipment. <br />$250,00 processing fee for lease cancellation prior to commencement if PO is issued. <br />Lessee's failure to execute mutually acceptable documentation relative to this lease within ninety (90) days of the lessee's first <br />functional use of the system will result in this lease converting to cash. <br />For quoted maintenance " lease term and payment amount are subject to change after install is completed. <br />End of Lease Options <br />$1 Purchase Option <br />Customer purchases the equipment for $1 at the end of the lease term. <br />Thank you for this leasing opportunity. I am looking forward to working with you. <br />Sincerely, <br />)9&lk AAartih AGREED TO AND ACCEPTED BY, <br />Inside Sales Manager City of South Bend, Indiana <br />Name., <br />Title: 0"Ard of Pldwk orto <br />Date: <br />
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