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HomeMy WebLinkAboutMaster Lease Purchase Agreement - Hewlett Packard - HP Lease Schedule1316 COUNTY -CITY BUILDING 227 W. JEFFERSON BOULEVARD Souni BEND. INN AMA 46601 -1830 CITY OF SOOTH BEND PETE BUTTIGIEG, MAYOR BOARD OF PUBLIC WORKS February 13, 2018 Marc Lozandier Hewlett-Packard Financial Services Company 200 Connell Drive, Suite 500 Berkeley Heights, NJ 07922 RE: Master Lease Purchase Agreement Dear Mr. Lozandier: PHONE 574/235-9251 FAX 5741/ 235-9171 The Board of Public Works, at its meeting held on February 13, 2018, approved the above referenced HP lease schedule in the amount of $193,50 per month for a total of $9,092 for four (4) years. 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, Clerh, Enclosure c: Sue Gerlach, Innovation & Technology GARY A. Gii,o'r SUZANNA M. FRiTZBERG EuZABETH A. MARADIK JAMEs A. MUELLER THERESE J. DORAU Master Agreement Number 5245088229 Schedule Number 524508822900017 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 incorporatedby reference into this Schedule. All capitalized terms used in this Schedule without definition have the meanings ascribed) to them in the Master Agreement. A. Descrl tion of Items of (Leased E ui ment Refer to HP Inc. Quote #f 12046782 B. Term: 49 Months Total Cost $9,092.00 2. RENT. See Attachment A, includes pack and ship costs from a. single pick up location at end of lease ANNUAL RATE OF INTEREST 4.50% 3. LATEST' COMMENCEMENT DATE: April 30, 2018. 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':. 227W, Jefferson Blvd, SOUTH BEND, IN, 46601 5. SELLER: Hewlett-Packard Company 6. APPROPRIATIONS: Monies for all Rent and other payments due under the Lease for the Fiscal Period ending 2018 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 dine under the Lease in such Fiscal Period. 7. NOWASSIGNABILITY 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. 8. ADDITIONAL PROVISIONS: 9. FISCAL PERIOD: 111/18 thru 12131/18 LESSOR AGREES TO LEASE TO LESSEE AND LESSEE AGREES TO LEASE FROM LESSOR THE EQUIPMENT DESCRIBED IN SECTION ILA 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 BEND, INDIANAff� Name and LESSOR: HE1IWLETT-PACKARD FINANCIAL SERVICES COMPANYz By: Name and Title ' Authorized to do business in the name of HEWL P'ACXARD- ANGIA68ERVICES COMPANY in the states of Alabama and New York. Authorized to do business in t arse I 1(2 Tyr-PACKARD FINANCIAL SERVICES COMPANY in the states of Alabama and New York. Amendment to State and Local Government Master Lease Purchase Agreement Schedule Lease No. 5245088229 Schedule No, 524508822900017 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, TN 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 terms used in this Amendment that are not otherwise defined herein shall have the meanings ascribed to them in the Schedule. 1. Add the fallowing new Section to the Schedule: By; "9. 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"), (ii) 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 Refresh"). (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 tile 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 (Lessee Authorized Signature) AP111WIVU (Type/Print Na&j&jd of ptdJ& . VeCka (Title) FEB J 101 (Date) HEWLETT-PACKARD FINANCIAL SERVICES COMPANY By: (Lessor Authorized Signature) (Type/Print Name) (Title) (Date) Page 1 of I Tech Refresh Amendment (10-07-04) Master Agreement Number 5245088229 Schedule Number 524508822900017 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 $9,092.00 $9,273.84 1 $193.50 $34.07 $159.43 $8,932,57 $9,111.22 2 $193.50 $33.47 $160.03 $8,772.54 $8,947.99 3 $193.50 $32.87 $160.63 $8,611.91 $8,784.15 4 $193.50 $32.27 $161.23 $8,450.68 $8,619.69 5 $193.50 $31.67 $161.83 $8,288.85 $8,454.63 6 $193.50 $31.06 $162.44 $8,126.41 $8,288.94 7 $193.50 $30.45 $163,05 $7,963.36 $8,122.63 8 $193.50 $29.84 $163.66 $7,799.70 $7,955.69 9 $193.50 $29.23 $164.27 $7,635.43 $7,788.14 1.0 $193.50 $28.61 $164.89 $7,470.54 $7,619.95 11 $1.93.50 $27.99 $165.51 $7,305.03 $7,451,1.3 12 $193.50 $27.37 $166.13 $7,138.90 $7,281.68 13 $193.50 $26.75 $166.75 $6,972.15 $7,111.59 14 $193.50 $26.13 $167.37 $6,804.78 $6,940.88 15 $193.50 $25.50 $168.00 $6,636.78 $6,769.52 16 $193.50 $24.87 $168.63 $6,468.15 $6,597.51 17 $193.50 $24.24 $169.26 $6,298.89 $6,424.87 18 $193,50 $23.60 $169.90 $6,128.99 $6,251,57 19 $193.50 $22.97 $17053 $5,958.46 $6,077.63 20 $193.50 $22.33 $171.17 $5,787.29 $5,903.04 21 $193.50 $21.69 $171.81 $5,615.48 $5,727.79 22 $193.50 $21.04 $172.46 $5,443.02 $5,551.88 23 $193.50 $20.40 $173.10 $5,269.92 $5,375.32 24 $193.50 $19.75 $173.75 $5,096.17 $5,198.09 25 $193.50 $19.10 $174.40 $4,921.77 $5,020.21 26 $193.50 $18.44 $175.06 $4,746.71 $4,841.64 27 $193.50 $17.79 $175.71 $4,571.00 $4,662.42 28 $193.50 $17.13 $176.37 $4,394.63 $4,482.52 29 $193.50 $16.47 $177.03 $4,217.60 $4,301.95 30 $193.50 $15.80 $177.70 $4,039,90 $4,120.70 31 $193.50 $15.14 $178.36 $3,861.54 $3,938.77 32 $19350 $14.47 $179.03 $3,682.51 $3,756,16 33 $193.50 $13.80 $179.70 $3,502.81 $3,572.87 34 $193.50 $13.13 $180,37 $3,322.44 $3,388.89 35 $193.50 $12.45 $181.05 $3,1.41.39 $3,204.22 Page 2 of 4 MLPA 08-22-07 36 $193.50 $11.77 $181.73 $2,959.66 $3,018.85 37 $193.50 $11.09 $182.41 $2,777.25 $2,832.80 38 $193.50 $10.41 $183.09 $2,594.16 $2,646.04 39 $193.50 $9.72 $183.78 $2,410.38 $2,458.59 40 $193.50 $9.03 $1.84.47 $2,225.91 $2,270.43 41 $193.50 $8.34 $185.16 $2,040.75 $2,081.57 42 $193.50 $7.65 $185.85 $1,854.90 $1,892.00 43 $193.50 $6.95 $186.55 $1,668.35 $1,701.72 44 $193.50 $6.25 $187.25 $1,481.10 $1,510.72 45 $193.50 $5.55 $187.95 $1,293.15 $1,319.01 46 $193.50 $4.85 $188.65 $1,104.50 $1,126.59 47 $193.50 $4.14 $189.36 $915.14 $933.44 48 $193.50 $3.43 $190.07 $725,07 $739.57 49 $727.74 $2.67 $725.07 $0.00 $0.00 Grand Totals $10,015.74 $923.74 $9,092.00 $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. fz - 15 Lessee Please initial and date: jc- Page 3 of 4 MLPA 08-22.07 Page l of 3 IN ONLINE PRICE QUOTATION Quote Number: 12046782 Quote Name: South Bend - Feb '18 NB's Today's Date: 1/29/2018 4:02:52 PM Quote Created date : 1129/2018 4:02:29 F 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 park no unit price qty ext price Configurable -HP ProBook 650 G2 Notebook Base PC, Intel@ i5-620OU L8U46AV HP ProBook 650 G2 Notebook PC, Intel@ i5- L8U46AV 620OU, integrated Graphics , NO Wireless WAN available with Intel Graphics 520 Windows 10 Pro 64 N2T68AV#ABA Processor Included Intel i5 620OU (2.3GHz, 3MB Cache) Processor Intel Core i5 Label N4T79AV Energy Star Module- Required selection is a IVl6P12AV 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'W'ebcam L8X77AV 8 GB 2133 DDR4 (1 D) M3X48AV 256 GB M2 SATA-3 TLC SSD L9Q41AV DVD+/-RW SuperMulti DL Drive L9Q55AV No Serial Port T4E78AV Back -fait. Touch,Pad Keyboard L9Q57AV#ABA Intel 8260 802.11 a/b/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 577.00 10 $5,770.00 file:IIIC:11.TserslsgerlachlAppDatalLocallMicrosoftl in dowslINetCachelContent.Otitlookll... 2/5/2018 Page 2 of 3 Destination Country Kit Localization 3 Cell (48 WHr) Long Life Battery 3/3/0 Warranty 3 year Battery Warrant Card Drivers for Windows 10 (Recovery Media) Warranty and Service upgrades - Remote Graphics Software (RGS Additional accessories added from categories below will ship and invoice separately., B3M72AV N2T96AV Included 9x5 Next -Business -Day On -Site Coverage with Base Disk Retention, 4 Year 9x5 Next -Business -Day On -Site Coverage with UE336E Disk Retention, 4 Year HP E223 21.5" Display 1 FH45AA#ABA Base HP E223 21.5" Display 1FH45AA#ABA Contrast ratio Included 1000, 1 Contrast Ratio Brightness (typical) Included 250 nits Input Signal Included (1) DisplayP,ort 1.2, (1) HDMI 1.4, (1) VGA HDCP support on DisplayPort and HDMI Horizontal/Vertical viewing angle (typical) Included 178/178 degrees Max Power Rating Included 36 Watts Native resolution Included 1920 x 1080 Response rate (typical, rise and fall) Included 14 ms, response time Asset Control Included None Selected Integrated speakers Included No Integrated speakers Anti -Glare and Anti -Static Included 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 file:IIIC:lUserslsgerfachlAppDatalLocallMicrosoftlWindowslINetCachelContent.0utloolclI... 2/5/2018 Page 3 of 3 are extended service contracts which go beyond your standard warranties. HP 2013 iUltraSlim, (Docking Station D9Y32AA#ABA $109.00 6 SubTotal: Total Estimated Lease Cost: $294.49 The terms and conditions of the IN - STATE OF INDIANA will apply to any order placed as a result of this linquiry, no other terms or conditions shall apply. To access the HP Public Sector Online Store where this quote was created, go to: htt :llgi� . 'np aqq mstgr en t.ty.m p Siitel!,Q=14 w * The estimated lease cost is the monthly payment amount for a lease commencing on or before 2/28/2018 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 V.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, calf 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: 800-888-3224 Higher Education: 877-480-4433 State Local Oovt: 888-202-4682 Federal Govt.- 800-727-5472 Fax: 800-825-2329 Returns: 8001-888-3224 * For detailed warranty information, please go to ww .h .com/ ep �c%iicwarrantyin g. Sales taxes added where applicable. Freight is FOB Destination. file:.///C:/Users/sgerlach/AppD ta/Local/Mlaosoft/ indows/l etCache/Content.Outlook/1... 3/5/ 01'8 BOARD OF PUBLIC WORKS AGENDA ITEM REVIEW REQUEST FORM Date 2/5/18 Name Sue Gerlach Department IT Purchasing LJ Agreement U Contract U Proposal U Addendum ❑ Professional Services ❑ Resolution ❑ Bid Opening ❑ Bid Award ❑ Req. to Advertise ❑ Title Sheet ❑ Quote Opening ❑ Quote Award ❑ Change Order No. ❑ C/O & PCA No, ❑ PCA ❑ Ease/Encroach. ❑ Traffic Control M Other: Lease Schedule Company or Vendor Name HP New Vendor ❑ Yes ® No ❑ If Yes, Approved by Purchasing MBEIWBE Contractor ❑ MBE ❑ WBE MBE/WBE Contractor Requested ❑ No ❑ Yes Name of Company Project Name HP Lease Schedule 17 Project Number Funding Source Account No. Amount Terms of Contract Purpose/Description Amount of Previous Amount N/A IT Lease Principal 279-0672-415-37.11 and Interest 279-0672-415-37.12 $9092.00 $193.50/Month for 48 months HP Lease Schedule ❑ Required Contractor's Certification Form Attached (Non - Collusion, Non -Discrimination, Non -Debarment, E-Verify, Iran, etc. f, ..Required ForChange Oilers Otiy . increase $ Decrease $ Current Percent of Change: % New Amount $ Total Percent of Change: % Dispersal After Approval Copy Original ❑ ❑ ❑ ❑ ❑ 11