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Resolution No 56-2019 - Approving the Tax-Exempt Lease Purchase Financing Proposal of Key Government Finance, Inc.
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Resolution No 56-2019 - Approving the Tax-Exempt Lease Purchase Financing Proposal of Key Government Finance, Inc.
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4/8/2025 4:25:40 PM
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12/23/2019 1:09:29 PM
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Board of Public Works
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Resolutions
Document Date
12/19/2019
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I <br />Key Government Finance, Inc. <br />1000 South McCaslin Boulevard <br />Superior, CO 80027-9456 <br />December 5, 2019 <br />Daniel Parker <br />City of South Bend <br />227 W. Jefferson Blvd. Room 1200 N <br />South Bend, Indiana 46601 <br />Re: Payment Plan Agreement <br />Dear Mr. Parker <br />Enclosed, please find two (2) sets of payment plan agreement documents for your review and execution. (If <br />these documents were emailed to you, please print out two (2) sets.) Execute both sets and return all of the <br />originals to my attention. The original sets of the executed documents are required prior to funding your <br />transaction. To expedite the return of these documents, please overnight them to me: <br />KEY GOVERNMENT FINANCE INC. ATTN: Tammv Kaler <br />1000 S. MCCASLIN BLVD SUPERIOR CO 80027 <br />For verification of original documents, please have the authorized signer execute in blue ink. Upon <br />closing, Key Government Finance will return a fully executed original set for your files. <br />Please note, one of our representatives will contact you prior to funding to conduct a Telephone Audit to <br />review the terms of your contract and to confirm the services that we are financing for you. We will also <br />answer any questions you may have. If you will not be available, list the name of any individual that you <br />wish to authorize on your behalf to complete this Audit. <br />Name <br />Title <br />Executed documents needed for funding are: <br />❑ Payment Plan Agreement <br />❑ Schedule to Payment Plan Agreement <br />❑ Exhibit A - Purchaser's Counsel's Opinion <br />Exhibit A is the standard legal opinion used by Key Government Finance, Inc. This opinion will need to be <br />processed by your attorney on their letterhead. Your attorney will want to review the Payment Plan Agreement. <br />❑ 15' Payment (if required) <br />Please contact either Kevin Law at (720) 304-1186 or me at (720) 304-1202 with any questions or concerns you <br />may have. <br />Sincerely, <br />Ta ,y VW r <br />Account Manager <br />Taxable PPA-Appropriation Page 1 of 8 <br />Lease No, 1800128565 dated December 19, 2019 <br />KEYCORP CONFIDENTIAL - This is counterpart # of manually executed counterparts, Only counterpart # 1 constitutes chattel paper <br />
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