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HomeMy WebLinkAboutAmendment to Master Lease Purchase Agreement - Hewlett Packard Financial - Forty Notebooks'pN J 1316 COUNTY -CITY BUILDING 227 W. JEFFERSON BOULEVARD SOUTH BEND. INDIANA 46601-1 830 stir CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR BOARD OF PUBLIC WORKS October 22, 2019 Marc Lozandier Hewlett-Packard Financial Services Company 200 Connell Drive, Suite 500 Berkeley Heights, MJ 07922 RE: Amendment to Master Lease Purchase Agreement Dear Mr. Lozandier: PHONE 574/235-9251 FAx 574/235-9171 The Board of Public Works, at its meeting held on October 22, 2019, approved the above referenced amendment to add forty (40) notebooks to the Master Lease in the amount of, $821.07 per month for forty-eight (48) months for a total of $39,800. Enclosed please find the original of the amendment 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 GARY A. GILOT GENEVIEVE E. MILLER ELIZABETH A. MARADIK LAURA L. O'SULLIVAN THERESE J. DORAU V fit INTER -OFFICE, �MEMORANDUIM �,°���� Information Technologies Department TO: The Board of Public Works FROM: Information Technologies Department SUBJECT: Addition to HP Master Lease #5245088229 DATE: 10/15/19 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: Lease Principal 279-0672-415-38-01 Lease Interest 279-0672-415-38-02 (20) HP ProBook 640 Laptop @ $734.00/ea. (15) 4 Year Care Pack @ $94.00/ea. Total = $39,800.00 The payment for this schedule is $821.07 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: Daniel Parker Ben Dougherty Amy Shirk Michael Schmidt Sandra Kennedy Master Agreement Number 5245088229 Schedule Number 524508822900022 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. t, LEASE. A. Descri tlon of Items of Leased Equipment Refer to Civitas Quote # CITQ1722 B. Term: 49 Months 2. RENT. See Attachment A Total Cost $39,800.00 ANNUAL RATE OF INTEREST 4.48% 3, LATEST COMMENCEMENT DATE: December 31, 2019. 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: Civitas IT 6, APPROPRIATIONS: Monies for all Rent and other payments due under the Lease for the Fiscal Period ending _, 2019�. 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. 7, 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. s. ADDITIONAL PROVISIONS: 2, FISCAL PERIOD: 1/1/19 thru 12/31/19 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; � � j. � #�, LESSOR: CITY OF SOUTH BEND, INDIA � rj ri I HEWLETT-PACKARD FINANCIAL SERVICES COMPANY By: i' 'pf �i�h �t By Name and T� ' ' . ` Name and Title Date _- Date Authorized to do business in the name of HEWLETT-PACKARD FINANCIAL SERVICES COMPANY in the states of Alabama and New York. 2 Authorized to do business in the name of HEWLETT-PACKARD FINANCIAL SERVICES COMPANY in the states of Alabama and New York. Page 1 of 4 Master Agreement Number 5245088229 Schedule Number 524508822900022 ATTACHMENT A KC 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 Payments -__uu........ 0 $39,800.00 $40,596.00 ....... 1 $821.07 $0.00 _ $821.07 $38,978.93 $39,758.51 2 $821.07 $151.34 uuuuWWWWWWW $669.73 $38,309.20IT IT WWWWWWWWWWWWWWW $39,075_.38 3 $821.07 $148.74 $672.33 $37,636.87 $38,389.61m 4 $821.07 $146.13 $674.94 $36,961.93 $37,701.17 5 _ �$821.07 $143.51..m $677.56 $36,284.37 $37,010.06 6 $821.07 $140.87 $680.20 $35,604.17 $36,316.25 7 $821.07 $138.23 $682.84 $34,921.33 $35,619.76 8 $821.07 $135.58 $685.49 $34,235.84 $34,920.56 9 $821.07 $132.92 ............... $688.15 $33,547.69 ..._....................... $34,218.64 10 $821.07 ITITITITIT$130.25 $690.82 $32,856.87 $33,514.01mm 11 $821.07 $127.57 $693.50 $32,163.37 $32,806.64 12 IT13. ..... $821.07 $124.87 $696.20 _. $31,467.17 $32,096.51 $821.07 $122.17 $698.90 $30,768.27 $31,383.64 ..�...................._. 14 $821.07 $119.46 __..._.......... $701.61 $30,066.66 ...... $30,667.99 15 ---------$821.07 $116.73 $704.34 $29,362.32 $29,949.57 16 $821.07 $114.00 1 $707.07 $28,655.25 $29,228.36 17 $821.07 $111.25 $709.82 $28,504.34 18 $821.07 $108.50 ...__. $712.57 w$27,945.43 $27,232.86 $27,777.52 19 $821.07 $105.73 $715.34 $26,517.52 $27,047 87 20 $821.07 $102.95 $718.12 $25,799.40 $26,315.39. .... ..... 21 $821.07 __.. $100.17. $ .._a.......�_ 720.90 .... ..__ $25,078.50 ....r $25,580.07 22 $821.07 $97.37 -�_ $723.70 $24,354.80 �$24,841.90 23 $821.07 $94.56 $726.51 $23,628.29 $24,100.86 24 _......... $821.07 $91.74 $729.i"3 ITITITITITIT$22,898.96 IT$23,356.94 25 $821.07 $88.91 $732.16 $22,166.80 $22,610.14 26 $821.07 $86.06 . $735.01 $21,431.79 $21,860.43 27 $821.07 $83.2.1 $737.86 $ $2...- 93 $21,107.81 28 $821.07 $80.34 I.............................. $740.73 $19,953.20 $20,352.26 ............. 29 $821.07 $77.47 mmmm $743.60 $19,209.60 m _ $19,593.79 30 .................... ._ $821.07 $74.58 $746.49 $18,463.11 $18,832.37 ..._..... 31 $821.07 $71.68 �......._ __ $749.39 $17,713.72 _.......... $18_,067.99 32 $821.07 $68.77 _..w$752.30�� $16,961.42 $17,300.65 33 $821.07 $65.85 $755.22 $16,206.20 $16,530.32 34 $821.07 $62.92 $758.15 5,448.05 $15,757.01 35 ........... $821.07 $59.98 $761.09 _._..... ��$1-4,686.96 $14,980.70 Page 2 of 4 MLPA 08-22-07 36 $821.07 $57.02 $764.05 $13,922.91 $14,201.37 37 $821.07 ®®$54.06 $767.01 - $13,155.90 �_ ........... ..................... $13,419.02 38 $821.07 $51.08 $769.99 $12,385.91 m _...___ __ $12,633.63 39 ____ ._......._ $821.07 $48.09 $772.98 .................. $11,612.93 $11,845.19 40...�............ $821.07 $45.09 ��.....$775.98 ...........$10,836.95.... $11,053.69 3.69 ...................................-_ 41 $821.07 _�.........�$42.07.............................$779.00 $10,057.95..�m.._.......�.......�....................$.���........................�. 259.11 �.._ 42 ......... ..... $821.07 _ ._..... _ $39.05 $782.02 .7.............. $9,275.93 $9,461.45 43 $821.07 $36.01 $785.06m $8,490.87 $8,660.69 44 $821.07 $32.97 $788.10 $7,702.77 ........ .... ........ $7,85G.83 45 ......... .__............ $821.07 -_.............. ...._ $29.91 $791.16 _ $6,911.61 .........._................._ $7,049.84 46 $821.07 $26.83 $794.24m $6,117.37 $6,239.72 47 $821.07 3.75 $797.32 m_........�.$5,320.05 ..............................�......�...����r� $5,426.45 48 $821.07 $20.66 $800.41 $4,519.64 $4,610.03 49 $4,537.20 ._ ......._ $17.56 $4,519.64 $0.00 _M ........ .........._ $0.00 ----_....._._.... Grand Totals $43,948.56 $4,148.56 $39,800.00 .....�........... _...�....... $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. t6-7-Z- l �� Lessee Please Initial and date: V4d to::-�> Page 3 of 4 MLPA 08-22-07 Amendment to State and Local Government Master Lease Purchase Agreement Schedule Lessee: City of South Bend, Indiana Address 227 W. Suite 1200, City/State/Zip South Bcnd, W 46601 .........------ Attention: Sue Gerlach Lease No. 5245088229 Schedule No. 524508822900022 Lessor: Hewlett-Packard Financial Services Company Address 200 Connell Drive, Suite 500 City/State/Zip Berkeley Hei, hts, Attn: Marc Lozandier NJ 07922 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 following 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 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-PACKARD FINANCIAL SERVICES COMPANY (Lessee Authorized Sigctglllrn) H:(„1 u, (Type/Print Name) ry g (Title) I <"f (Date) ._A , I �­ 11 7 Page 1 of 1 Tech Refresh Amendment (10-07-04) l(i I-)J,'' K (,rIILr)o1, /ry '; `°>I,lI UI C,I-r3lId F2.dlI)III )II VO',4f`.'a t fa"1'i r1JV.Ef� °C f, £,f'rf;�I'i�hr VC,Vf Hewlett Packard Financial Services C 200 Connell Drive Suite 5000 Berkeley Heights, NJ 07922 Phone Fax Here is the quote you requested, South Bend, City of Sue Gerlach 227 West Jefferson Blvd, South Bend, IN 46601 Phone 574.235.9216 Fax Net 15 Best Way 11 a E Number CITQ1722 Date Oct 11, 2019 Howard 855-424-8482 ext 500 howardh@Civitas-IT.com 40 p/n 7JC13UT#ABA $995.00 $39,800.00 HP ProBook 640 G5 14" Notebook - 1920 x 1080 - Core i5 i5-8265U - 8 GB RAM - 256 GB SSD - Natural Silver - Windows 10 Pro 64-bit - Intel UHD Graphics 620 - In -plane Switching (IPS) Technology - English Keyboard - Intel Optane Memory Ready - Bluetooth - 15.50 Hour Battery Run Time The contemporary and purposeful design of the HP ProBook 640 compliments enterprise -grade performance, security, manageability to suit the needs of a broad spectrum of users. Modern professional design This PC is built for business. The HP ProBook 640 undergoes MIL -STD 81OG testing and has a striking silver finish with sharp lines that embody today's bold design. High performance Help speed up demanding business applications with an 8th Gen Intel® CoreT"' processor. Help keep connected with HP Extended Range Wireless LAN. Built on a secure foundation Protect your PC against the evolving malware threats of the future, with self -healing and manageable hardware -enforced security solutions from HP. From the BIOS to the browser, HP Sure Start Gen5 and HP Sure Click help secure your PC. SubTotal $39,800.00 Tax $0.00 Shipping $0.00 13 f II P,' ,II,II (S If)) IUAflr,l I I I R I" Ic'. 1WA I I:) IIPOId f ` I A 1 111)H( I W,I Al I DI I IV[ I2Y, "r RA II rlr Il CL I ONYII .I I ' PvI( I", f (l 19f I II I I I) AI I111'I I GI!I U 101, 11 `is I AN I ,+Chi !{ I V) I Y IN JYJL...VI I) D I.NG'. fBAI 1 Y AI I 11.1, I Ir1YAFfI 01 III I, 101,1110111 NI , I FI II't);I I) AI) )✓I Al 1:= (0VI I + I I) I)V A I f M f If 1) ONI 'II'av1 ,lAP14,NI' r f) if=1 Ill`, PAIR x A 111 1 PBOUfl 1I)It-1II)7(°I II'.i I)UI' ANI) ON! I)l110) W,IY VW'.I^I {: 111(Al I 1)1'(IA1M', ANY AND Al I �VA12I,,AIN 111 ,`, I XFIJI",I)!.C41'IN1),IN( IIIIdINr,I,IIINOf I... IN) f I I, 10 ANY ,11>1..It 1, �rJ/I'.I'%:'I11 I I', 01N e1I111 kIWRD 10 ANY I I( I Il31I) I'1 01 I)C I IJI ',If/II NO..I.I',I I1AW 1, 1 Off ANY I01,1. 01 PRO II'„ N IIM `,, f,O01)V.li..l..., I Al A, IIN I IMUI 110H f)r 1Il'8INI Y5, t('rf of :101f 1/11) fJA f,6I,; QuolC'VVr,rk/,k f'z'tl,fr 1 of :) BOARD OF PUBLIC WORKS AGENDA ITEM REVIEW REQUEST FORM Date 10/15/19 Name Sue Gerlach Department IT BPW Date 10/22/19 Phone Extension 6209 .,,, „= d �, . wrxrxs v,,: wwawa�araww���rerwaa rw�maaw�wvr�earamr Karma-._:.� ,��� r mrva�r�rsr�rcme'...-uaee.�nauwourmuwaum�raa�acm marc�,rr�mnmm nP.000--.- w.r. ¢r mn�amm�uirew ,..,m. .......... .......�._�.�..�,.�. ,,,,.,.. .... ......... ,.,,.,..�...... .................... �,..._�...� �� �..,.... ...,tuired Prior to Submittal to Board B...�.�._ .-............... PW Attorney ® Attorney Name Clara Daniels Dept. Attorney w Attorney Name Sandra Kennedy Purchasing Michael Schmidt............�.�.�.�.........��-����������..� Check the Appropriate Item 'rylae F Professional Services Agreement ❑ Contract El Open Market Contract ❑ Amendment/Addendum E Bid Opening ❑ Bid Award ❑ Quote Opening Quote Award Proposal Opening C/O & PCA No. ❑ Chg. Order, No. El Traffic Control ;; Other: HP Lease Schedule All Submissions Proposal Special Purchase, QPA Req. to Advertise Reject Bids/Quotes PCA Resolution [� Ease./Encroach �... w... .......... g9tipired Information ❑ Title Sheet Company or Vendor Name Hewlett Packard _ Yes.. If Yes, Approved ............... � � by Purchasing New Vendor ® No MBE/WBE Contractor MBE Completed E-Verify Form Attached Nos Project Name HP Computer Lease #22 ---.. .....--- ...... Project Number N/A Funding Source _ .......... �.. -- _... .... Capital Lease Proceeds —in. Account No. Pr 279-0672-415-38.01 Int. 279-0672-415-38.02 -_.... _ ...�_.,_..... Amount �.. __.._w __._--- _,_---------- $3 9,800.00 Terms of Contract $ .._.......... __.-------- _...�. ....._ ______m 21.0 /Mo. For 48 Months .. ...---- Purpose/Description _ .. ...... ........ ------- - for new and changed Equipment_w....__.................g positions For Chang Ordersm_Oq!y Amount of El Increase $ r Decrease ($ ) Previous Amount $ Current Percent of Change New Amount $ Increase % Decrease..............................�..... Increase % Total Percent of Change: Decrease Time Extension Amount: ............. ..... ._________- New Comoletion Date: