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HomeMy WebLinkAboutAmendment to Master Lease Purchase Agreement - Hewlett Packard Financial Services Company (2)1316 COUNTY-0I Y BUILDING 227 W.JrrFERSON BOULEVARD Sou Iil BEND_ INDIANA 46601-1830 CITY OF SOUTH BEND PETS BUTTIGIEG, MAYOR BOARD OF PUBLIC WORKS December 22, 2016 Marc Lozandier Hewlett-Packard Financial Services Company 200 Connell Drive, Suite 500 Berkeley Heights, NJ 07922 RE: Amendment to Master Lease Purchase Agreement Dear Mr. Lozandier: PHONE. 574/235-9251 FAX 5741235 9171 The Board of Public Works, at its meeting held on December 22, 2016, approved the above referenced amendment in the amount of $245.55 per month for forty-eight (48) months for a total of $11,442.75 for additional laptops for the Parks and IT Departments. Enclosed please find the original of the agreement for your signature. Please sign and return the original agreement to our office and retain a copy for your records. If you have any further questions regarding this matter, please call this office at (574) 235- 9251. Sincerely, Linda M. Martin, Clerk Enclosure c: Sue Gerlach, Innovation and Tech GARY A. GILOT SUZANNA M. FRIIZBERG LLIZABLm A. MARADIK JAMEs A. MUELLER THERBSH J. DORAU Amendment to State and Local Government Master Lease Purchase Agreement Schedule Lease No. 5245088229 Schedule No. 524509822900014 Lessee: City of South Bend, Indiana Lessor: Hewlett-Packard Financial Services Company Address 227 W. Jefferson, Suite 1200, Address 200 Connell Drive, Suite 500 City/State/Zip South Bend, IN 46601 City/State/Zip Berkeley Heights, NJ 07922 Attention: Sue Gerlach Attn: Marc Lozandier Lessor and Lessee hereby amend, as specified below, the State and Local Government Master Lease Purchase Agreement Schedule (the "Schedule") identified by a Schedule Number specified above that incorporates the State and Local Government Master Lease Purchase Agreement (the "Agreement") referenced by the Lease Number specified above. Capitalized terns used in this Amendment that are not otherwise defined herein shall have the meanings ascribed to them in the Schedule. 1. Add the following new Section to the Schedule: 119. TECHNOLOGY REFRESH WITH NEW FINANCING OPTION. (a) If (i) Lessor and Lessee have entered into an additional lease ("New Equipment Schedule") for new equipment ("New Equipment") that Lessor determines is comparable in terms of type and quality to the original Equipment ("Original Equipment") subject to this Schedule ("Original Equipment Schedule"), (A) the Term of the New Equipment Schedule is equal in length to the full Term of the Original Equipment Schedule, (iii) no Event of Default exists and no event has occurred and is continuing that with notice or the lapse of time or both would constitute an Event of Default, and (iv) Lessee delivers to Lessor an irrevocable written election notice of its intent to return the Original Equipment pursuant to the terms of this Section at least 15 months prior to the end of the Term of the Original Equipment Schedule, Lessee may, effective on the date which is 12 months prior to the end of the Term of the Original Equipment Schedule (the "Technology Refresh Date") terminate the Original Equipment Schedule with respect to all, but not less than all, of the Original Equipment ("Technology Refiresh"). (b) If Lessee elects a Technology Refresh, on or before the applicable Technology Refresh Date, Lessee shall (i) pay Lessor an amount equal to any and all Rent and other amounts then past due and owing under the Original Equipment Schedule and (ii) return all, but not less than all, of the Original Equipment to Lessor in accordance with Section 10 of the Agreement. If Lessee fails to pay Lessor all Rent payments and other amounts or return all such Original Equipment to Lessor in accordance with the preceding sentence, the Original Equipment Schedule shall not terminate with respect to any item of the Original Equipment and Lessee shall continue to pay Lessor the Rent payments and all other provisions of the Agreement and the Original Equipment Schedule shall continue to apply. (c) If Lessee elects a Technology Refresh and has completely fulfilled the terms and conditions of the Agreement and this Amendment, then on the Technology Refresh Date the Original Equipment Schedule shall terminate and, except as provided in Section 28 of the Agreement, Lessee shall be relieved of all obligations under the Original Equipment Schedule." Lessor and Lessee hereby make this Amendment an integral part of the Schedule. CITY OF SOUTH BEND, INDIANA HEWLETT-PAC%ARD FINANCIAL SERVICES COMPANY By: APPROVED By: (Lessee Autlroiize`d[ grPa hhc Works (Lessor Authorized Signature) (Type/Print Nat 1 Ilu l (Type/Print Name) (Title) (Date) Page 1 of 1 Tech R&.hA ,e &1em(10-07-M) Master Agreement Number 5245088229 Schedule Number 524508822900014 COUNTERPART NO. _ _ OF __—__. TO THE EXTENT THAT THIS SCHEDULE CONSTITUTES CHATTEL PAPER (AS DEFINED ON THE UCC), NO SECURITY INTEREST IN THIS SCHEDULE MAY BE CREATED THROUGH THE TRANSFER OR POSSESSION OF ANY COUNTERPART OTHER THAN COUNTERPART NO. 1. STATE AND LOCAL GOVERNMENT MASTER LEASE PURCHASE AGREEMENT SCHEDULE HEWLETT-PACKARD FINANCIAL SERVICES COMPANY( ("Lessor") and City of South Bend, Indiana, an agency, department or political subdivision of the State of Indiana ("Lessee") are parties to the State and Local Government Master Lease Purchase Agreement identified by the Master Agreement Number specified above (the "Master Agreement"). This Schedule (which shall be identified by the Schedule Number specified above) and the Master Agreement together comprise a separate Lease between the parties. The terms and conditions of the Master Agreement are hereby incorporated by reference into this Schedule. All capitalized terms used in this Schedule without definition have the meanings ascribed to them in the Master Agreement. LEASE. A. Description of Items of Leased Equipment Total Cost Refer to HP Inc. Quote # 11388386 $11,442.75 B. Term: 49 Months 2. RENT. See Attachment A, includes pack and ship costs from a single pick up location at end of lease ANNUAL RATE OF INTEREST 4.57% s. LATEST COMMENCEMENT DATE: February 28, 2017. Lessor's obligation to purchase and lease the Equipment is subject to the acceptance Date being on or before the Latest Commencement Date. 4. EQUIPMENT LOCATION: 227 W. Jefferson Blvd, SOUTH BEND, IN, 46601 s. SELLER: Hewlett-Packard Company 6. APPROPRIATIONS: Monies for all Rent and other payments due under the Lease for the Fiscal Period ending are available from Lessee's appropriated funds for such Fiscal Period and that appropriations and/or other funds have been encumbered or designated for the payment of all Rent and other payments that shall become due under the Lease in such Fiscal Period. v. NON -ASSIGNABILITY BY LESSOR: Notwithstanding any other terms or conditions set forth in the Master Agreement to the contrary, Lessor hereby agrees that it shall not and will not sell, discount, factor, hypothecate or otherwise dispose of its interest in the Equipment or this Schedule or any Lease. a. ADDITIONAL PROVISIONS: 9. FISCAL PERIOD: LESSOR AGREES TO LEASE TO LESSEE AND LESSEE AGREES TO LEASE FROM LESSOR THE EQUIPMENT DESCRIBED IN SECTION 1.A ABOVE. SUCH LEASE WILL BE GOVERNED BY THE MASTER AGREEMENT AND THIS SCHEDULE, INCLUDING THE IMPORTANT ADDITIONAL TERMS AND CONDITIONS SET FORTH ABOVE. IN THE EVENT OF ANY CONFLICT BETWEEN THE TERMS OF THIS SCHEDULE AND THE MASTER AGREEMENT, THE TERMS OF THIS SCHEDULE SHALL GOVERN. LESSEE HEREBY REPRESENTS AND WARRANTS THAT ON AND AS OF THE DATE HEREOF EACH OF THE REPRESENTATIONS AND WARRANTIES MADE BY LESSEE IN THE MASTER AGREEMENT ARE TRUE, CORRECT AND COMPLETE. LESSEE: CITY OF SOUTH BEND49191RUM 30ard Of PuhjliC WOl'2C,a By: DEC 22 01 dT e LESSOR: HEWLETT-PACKARD FINANCIAL SERVICES COMPANY2 By: Name and Title Date I Authorized to do business in the name of HEWLETT-PACKARD FINANCIAL SERVICES COMPANY in the states of Alabama and New York. 2 Authorized to d,,,o �4s nees in the name of HEWLETT-PACKARD FINANCIAL SERVICES COMPANY in the states of Alabama and New York. .._,.......,._.__._.,_�_.—..=.aa..............�_.�. Page r of4 Master Agreement Number 5245088229 Schedule Number 524508822900014 ATTACHMENT A TO SCHEDULE TO STATE AND LOCAL GOVERNMENT MASTER LEASE PURCHASE AGREEMENT The first payment of Rent will be due 30 days after the Acceptance Date and all payments will be due monthly thereafter. Rent NO Payment Interest Principal Balance Concluding Payment 0 $11,442.75 $ 11,671.61 1 $ 245.55 $ 43.58 $ 201.97 $11,240.78 $ 11,465.60 2 $ 245.55 $ 42.81 $ 202.74 $11,038.04 $ 11,258.80 3 $ 245.55 $ 42.03 $ 203.52 $ 10,834.52 $ 11,051.21 4 $ 245.55 $ 41.26 $ 204.29 $ 10,630.23 $ 10,842.83 5 $ 245.55 $ 40.48 $ 205.07 $ 10,425.16 $ 10,633.66 6 $ 245.55 $ 39.70 $ 205.85 $ 10,219.31 $ 10,423.70 7 $ 245.55 $ 38.92 $ 206.63 $ 10,012.68 $ 10,212.93 8 $ 245.55 $ 38.13 $ 207.42 $ 9,805.26 $ 10,001.37 9 $ 245.55 $ 37.34 $ 208.21 $ 9,597.05 $ 9,788.99 10 $ 245.55 $ 36.55 $ 209.00 $ 9,388.05 $ 9,575.81 11 $ 245.55 $ 35.75 $ 209.80 $ 9,178.25 $ 9,361.82 12 $ 245.55 $ 34.95 $ 210.60 $ 8,967.65 $ 9,147.00 13 $ 245.55 $ 34.15 $ 211.40 $ 8,756.25 $ 8,931.38 14 $ 245.55 $ 33.34 $ 212.21 $ 8,544.04 $ 8,714.92 15 $ 245.55 $ 32.54 $ 213.01 $ 8,331.03 $ 8,497.65 16 $ 245.55 $ 31.73 $ 213.82 $ 8,117.21 $ 8,279.55 17 $ 245.55 $ 30.91 $ 214.64 $ 7,902.57 $ 8,060.62 18 $ 245.55 $ 30.09 $ 215.46 $ 7,687.11 $ 7,840.85 19 $ 245.55 $ 29.27 $ 216.28 $ 7,470.83 $ 7,620.25 20 $ 245.55 $ 28.45 $ 217.10 $ 7,253.73 $ 7,398.80 21 $ 245.55 $ 27.62 $ 217.93 $ 7,035.80 $ 7,176.52 22 $ 245.55 $ 26.79 $ 218.76 $ 6,817.04 $ 6,953.38 23 $ 245.55 $ 25.96 $ 219.59 $ 6,597.45 $ 6,729.40 24 $ 245.55 $ 25.12 $ 220.43 $ 6,377.02 $ 6,504.56 25 $ 245.55 $ 24.28 $ 221.27 $ 6,155.75 $ 6,278.87 26 $ 245.55 $ 23.44 $ 222.11 $ 5,933.64 $ 6,052.31 27 $ 245.55 $ 22.60 $ 222.95 $ 5,710.69 $ 5,824.90 28 $ 245.55 $ 21.75 $ 223.80 $ 5,486.89 $ 5,596.63 29 $ 245.55 $ 20.89 $ 224.66 $ 5,262.23 $ 5,367.47 30 $ 245.55 $ 20.04 $ 225.51 $ 5,036.72 $ 5,137.45 31 $ 245.55 $ 19.18 $ 226.37 $ 4,810.35 $ 4,906.56 32 $ 245.55 $ 18.32 $ 227.23 $ 4,583.12 $ 4,674.78 33 $ 245.55 $ 17.45 $ 228.10 $ 4,355.02 $ 4,442.12 34 $ 245.55 $ 16.58 $ 228.97 $ 4,126.05 $ 4,208.57 Page 2 of 4 MLPA 08-22-07 35 $ 245.55 $ 15.71 $ 229.84 $ 3,896.21 $ 3,974.13 36 $ 245.55 $ 14.84 $ 230.71 $ 3,665.50 $ 3,738.81 37 $ 245.55 $ 13.96 $ 231.59 $ 3,433.91 $ 3,502.59 38 $ 245.55 $ 13.08 $ 232.47 $ 3,201.44 $ 3,265.47 39 $ 245.55 $ 12.19 $ 233.36 $ 2,968.08 $ 3,027.44 40 $ 245.55 $ 11.30 $ 234.25 $ 2,733.83 $ 2,788.51 41 $ 245.55 $ 10.41 $ 235.14 $ 2,498.69 $ 2,548.66 42 $ 245.55 $ 9.52 $ 236.03 $ 2,262.66 $ 2,307.91 43 $ 245.55 $ 8.62 $ 236.93 $ 2,025.73 $ 2,066.24 44 $ 245.55 $ 7.71 $ 237.84 $ 1,787.89 $ 1,823.65 45 $ 245.55 $ 6.81 $ 238.74 $ 1,549.15 $ 1,580.13 46 $ 245.55 $ 5.90 $ 239.65 $ 1,309.50 $ 1,335.69 47 $ 245.55 $ 4.99 $ 240.56 $ 1,068.94 $ 1,090.32 48 $ 245.55 $ 4.07 $ 241.48 $ 827.46 $ 844.01 49 $ 830.62 $ 3.16 $ 827.46 $0.00 $0.00 Grand Totals $ 12,617.02 $1,174.27 $ 11,442.75 $0.00 Please note that the Concluding Payment includes a 2% prepayment premium which is payable only in the event you prepay this lease early. Lessee Please Initial and date: A_w__ �� 0--\ AlLytt Page 3 of 4 MLPA 08-22-07 Page 1 of 3 N ONLINE PRICE QUOTATION Quote Number: 11388386 Quote Name: SB ProBooks 11/2016 v3 Today's Date: 11/28/2016 8:00:09 PM Quote Created Date : 11/28/2016 7:59:53 PM Created By: howardh@civitas-it.com Contract: IN - STATE OF INDIANA (13079) Product availability and product discontinuation are subject to change without notice. The prices in this quotation are valid for 30 days from quote date above. Please include the quote number and contract from this quote on the corresponding purchase order. items/description part no unit price qty ext price New! HP EliteDisplay E222 Monitor Base (ENERGY STAR) M 1 N96AA#ABA HP EliteDisplay E222 Monitor M1N96AA#ABA Contrast ratio Included 1000:1 Contrast Ratio Brightness (typical) Included 250 nits Tilt Included Tilt: —5° to +25' Height adjustability range Included Yes, 150mm adjustment range Input Signal Included (1) DisplayPort 1.2, (1) HDMI 1.4, (1) VGA HDCP support on DisplayPort and HDMI Pivot rotation Included 90' pivot rotation Horizontal/Vertical viewing angle (typical) Included 178/178 degrees Max Power Rating Included 35 Watts Native resolution Included 1920 x 1080 Response rate (typical, rise and fall) Included 7 ms response time Asset Control Included None Integrated speakers Included No Integrated speakers Included $144.00 6 $864.00 file:WC:/Users/sgerlach/AppData/LocatlMicrosoftlWindows/Temporary%20Internet%20... 12/19/2016 Page 2 of 3 Anti -Glare and Anti -Static Anti -Glare: Yes Anti -Static: No Energy Efficiency Included ENERGY STAR® qualified Warranty Included Protected by HP, including a 3 year standard limited warranty. Optional Care Pack Services are extended service contracts which go beyond your standard warranties. Configurable -HP ProBook 650 G2 Notebook Base PC, Intel® i5-6200U L8U46AV HP ProBook 650 G2 Notebook PC, Intel® i5- L8U46AV 62000, integrated Graphics , NO Wireless WAN available with Intel Graphics 520 Windows 10 Pro 64 N2T68AV#ABA Windows 7 Legacy Bootmode Z3K84AV Windows (NB) Included Microsoft Windows 7 Bootmdode Support Processor Included Intel i5 6200U (2.3GHz, 3MB Cache) Processor Intel Core i5 Label N4T79AV Energy Star Module- Required selection is a M6P12AV Microsoft Operating system is selected. Intel SGX Permanent Disable M6P15AV NO vPro AMT supported Feature FG972AV 15.6 inch LED HD SVA Anti -Glare enabled for L8U69AV Webcam flat (1366x768) Integrated HD Webcam L8X77AV 8 GB 2133 DDR4 (1D) M3X48AV 256 GB M2 SATA-3 TLC SSD L9Q41AV DVD+/-RW SuperMulti DL Drive L9Q55AV No Serial Port T4E78AV Back -lit TouchPad Keyboard L9Q57AV#ABA Intel 8260 802.11 alb/g/n/ac (2x2) +Bluetooth M2K33AV 4.1 No NFC Module M2K47AV No HP Mobile Broadband M2K42AV Integrated Fingerprint Reader M2K52AV 65 Watt Smart nPFC AC Adapter L9Q48AV Power Cord - 1.0 Meters M3V58AV#ABA Destination Country Kit Localization M2Q16AV#ABA $719.75 13 $9,356.75 file;///C:/Users/sgerlach/AppData/LocaUMicrosoft[Windows/Temporary%20Internet%20... 12/19/2016 Page 3 of 3 3 Cell (48 WHr) Long Life Battery 3/3/0 Warranty 3 year Battery Warrant Card 9x5 Next -Business -Day On -Site Coverage with Disk Retention, 4 Years L9Q51AV P5W50AV#ABA B3M72AV UE336E $94.00 13 $1,222.00 SubTotal: $11,442.75 Total: $11,442.75 Estimated Lease Cost: $370.63 The terms and conditions of the IN - STATE OF INDIANA will apply to any order placed as a result of this inquiry, no other terms or conditions shall apply. To access the HP Public Sector Online Store where this quote was created, go to: http://gem.compag.com/gemstore/entry.asp?SitelD=14355 * The estimated lease cost is the monthly payment amount for a lease commencing on or before 12/28/2016 with a term of 36 months and a fair market value purchase option at the end of the lease term. This and other leasing and financing options are available through Hewlett-Packard Financial Service Company (HPFSC) or one of its affiliates to qualified education and state and local customers in the U.S. and subject to credit approval and execution of standard HPFSC documentation. Fees and other restrictions may apply. This is not a commitment to lease. Rates and payments are subject to change at any time without notice. Leasing and financing options for Federal governmental agencies (subject to a $50,000 minimum) are available from Hewlett-Packard Company. For more information, call Hewlett-Packard Financial Services Company at 1-888-277-5942 and talk to a financial services representative who specializes in supporting government and education entities. * HP is not liable for pricing errors. if you place an order for a product that was incorrectly priced, we will cancel your order and credit you for any charges. In the event that we inadvertently ship an order based on a pricing error, we will issue a revised invoice to you for the correct price and contact you to obtain your authorization for the additional charge, or assist you with return of the product. If the pricing error results in an overcharge to you, HP will credit your account for the amount overcharged. * This quotation may contain open market products which are sold in accordance with HP's Standard Terms and Conditions. HP makes no representation regarding the TAA status for open market products. Third party items that may be included in this quote are covered under the terms of the manufacturer warranty, not the HP warranty. * Please contact HP Public Sector Sales with any questions or for additional information: K12 Education: State Local Govt: Fax: 800-825-2329 Higher Education: Federal Govt: Returns: 877-480-4433 800-727-5472 800-888-3224 * For detailed warranty information, please go to www.hp.com/go/specificwarrantyinfo. Sales taxes added where applicable. Freight is FOB Destination. file:///C:/Users/sgerlach/AppData/LocallMicrosoft/Windows/Temporafy%20Inteinet%20... 12/19/2016 11IIA-Mel NIN=11h1#1kh19l7_1ilk IZlliT, Information Technologies Department 227 W Jefferson Blvd (574) 245-6209 TO: The Board of Public Works FROM: Information Technologies Department SUBJECT: Addition to HP Master Lease #5245088229 DATE: 12/20/16 Members of the Board - We wish to add the following computer equipment as a new schedule to the City of South Bend's HP lease, Master Lease #5245088229: Parks Lease Principal 201-1101-452-37-11 Lease Interest 201-1101-452-37-12 (9) G1J50UC HP ProBook 650 @ $719.75/ea (9) U7860E 4 Year Care Pack @ $94.00/ea Innovation Technology Lease Principal 404-0672-415-37-11 Lease Interest 404-0672-415-37-12 (4) G1J50UC HP ProBook 650 @ $719.75/ea (4) U7860E 4 Year Care Pack @ $94.00/ea (6) M1N96AA#ABA HP E222 Monitor @ $144.00/ea Total = $7323.75 Total = $4119.00 Grand Total = $11442.75 The payment for this schedule is $245.55 per month for a period of 48 months. An amortization schedule with dates will be provided at lease commencement. Thank you for your consideration. Sue Gerlach Cc: John Murphy George King Michael Schmidt Date Name BOARD OF PUBLIC WORKS AGENDA ITEM REVIEW REQUEST FORM 12/20/16 Sue Gerlach Department IT BPW Date 12/22/16 Phone Extension 6209 Legal ® Attorney Name Michael Schmidt Controller ® Controller review is required for all Contracts $5,000.00 or more and greater than one year in length per the City Purchasing Policy Purchasing Professional Services Bid Opening Quote Opening Change Order No. _ Ease/Encroach. Other: Lease Resolution Bid Award Quote Award C/O & PCA No. Traffic Control ❑ Req. to Advertise um Company or Vendor Name Hewlett Packard New Vendor ❑ Yes ® No ❑ If Yes, Approved by Purchasing MBE/WBE Contractor ❑ MBE ❑ WBE MBE/WBE Contractor Requested ® No ❑ Yes Name of Company Project Name Laptops for various areas Project Number N/A Funding Source Various (See Attached) Account No. Various (See Attached) Amount $ 11,442.75 Addendum ❑ Title Sheet Terms of Contract $245.55/Mo for 48 Months Purpose/Description Various (See attached) ❑ Required Contractor's Certification Form Attached (Non - Amount of ❑ Increase ❑ Decrease Previous Amount Current Percent of Change: New Amount Total Percent of Change: % Copy Original ® ❑ ❑ ❑ ❑ ❑ Sue Gerlach