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HomeMy Public PortalAbout2009.08.14 XEROX Copier Lease Agreement Police DepartmentLease Agreement Customer CITY OF MCCALL Bill To: POLICE DEPT Attn: Accts Payable 216 E Park Street Mc Call, ID 83638-3832 Tax lDk:x Negotiated Contract : 071446705 Solution Customer CITY OF MCCALL Install: POLICE DEPT 216 E Park St Mc Call, ID 83638-3832 xerox�� Product Description Item Agreement Information Trade Information Requested Install Date 1. W7655P (WC 7655 COPIER-PRNTR) - Adv Finisher-213hole - Convenience Stapler - Adv&pro Fin Mobility - lot Mobility Plate - Prlcoplscn Nlwk Cntl - Customer Ed Bonus Item - FC2218 Lease Term: 60 months Purchase Option: FMV - Xerox WCP3545 SIN TFN196760 Trade -In as of Payment 34 8/14/2009 Monthly Pricing Item Lease Minimum Payment Meter Print Charges Jrilurni: Blind Per Plitt I:ate Maintenance Plan Features 1. W7655P $594.19 1: BW 2: Color All Prints All Prints $0.0064 $0.0952 - Consumable Suppiies Included for all prints Total $594.19 Minimum Payments (Excluding Applicable Taxes) Authorized Signature A Customer acknowledges receipt of the terms of this agreement which consists of 2 pages including this face page. Signer: Bert KuleszPhone: (208)634-7144 Signature: Date Thank You for your business! This Agreement is proudly presented by Xerox and Michelle Barsness (208)344-4825 For information on your Xerox Account, go to www.xerox.comlAccountManagement SAT►SF A L: /GUARAN EE,'cnom' W5 K77893 0813/200914:34:18 Confidential - Copyrighfo 2008 XEROX CORPORATION. All tights reserved. Page 1 of 2 Lease Agreement xerox fp) Terms and conditions INTRODUCTION: 1. NEGOTIATED CONTRACT. The Products are subject solely to the terms in the Negotiated Contract identified on the face of this Agreement, and, for any option you have selected that is not addressed in the Negotiated Contract, the then -current standard Xerox terms for such option. PRICING PLAN/OFFERING SELECTED: 2. REFINANCE. The "Amount Refinanced" is included in the amount financed under this Agreement. If the Amount Refinanced is under an agreement with a third party, you acknowledge you have the right to terminate the agreement and you will provide Xerox with a statement from the third party identifying the equipment at issue, the amount to be paid of and the payee's name and mailing address. If the Amount Refinanced is under an agreement with Xerox, the refinancing will render your prior agreement null and void. If you breach any of your obligations under this Agreement, the full Amount Refinanced will be immediately due and payable. GENERAL TERMS & CONDITIONS: 3. REMOTE SERVICES. Certain models of Equipment are supported and serviced using data that is automatically collected by Xerox from the Equipment via electronic transmission from the Equipment to a secure off -site location. Examples of automatically transmitted data include product registration, meter read, supply level, Equipment configuration and settings, software version, and probleml(auk code data. All such data shall be transmitted in a secure manner specified by Xerox. The automatic data transmission capability will not allow Xerox to read, view or download the content of any Customer documents residing on or passing through the Equipment or Customer's information management systems. WS K77893 08/3/200914:34:19 Confidential - Copyrighto 2008 XEROX CORPORATION. All rights reserved. Page 2 of 2 l WELLS rnxa0 cio Insurance Service Cenier P.O. Box 9792134 Miami, FL 33197-9284 07/22/13 iliilnilliilinnlliliiii nlliiiiiniiiii CITY OF MCCALL POLICE 216 E PARK ST MCCALL ID 83638 Re: Property insurance Coverage on Your Equipment Contract No. SEE ATTACHED Dear Valued Customer: Recently we sent you a letter reminding you about the requirement under your contract to maintain property insurance protecting our interest in the equipment in the event of damage or loss. We would like to remind you again that if you wish to use your own insurance to satisfy this requirement, your agent or broker should provide the information and "Lender's Loss Payable" certificate referenced in our prior letter to our insurance representative, Insurance Service Center. You or your agent or broker may email your own insurance information to financialservices®assurant.com or fax it to Insurance Service Center at 1-305-506-0086, or send it to the above address. Or, you may satisfy the insurance requirement by having the equipment insured under a property insurance policy issued to us by American Bankers Insurance Company of Florida. The following equipment under your contract qualifies for coverage under our policy: SEE ATTACHED If you choose to have the above equipment insured under our policy, simply do nothing. We will automatically place coverage. We will also automatically place coverage if your agent or broker does not confirm coverage effective at or before the commencement date of your contract; and provide Insurance Service Center with a "Lender's Loss Payable" certificate from your insurance company. To maintain coverage under our policy through the term of your contract, simply pay the periodic insurance charge that we will add to your invoice for your contract payments. This periodic insurance charge will be SEE ATTACHED Important terms, conditions, and limitations relating to our American Bankers insurance policy are stated on the reverse side of this letter. If you have any questions regarding the information on the front or back of this letter, please call our insurance representative at 1-866-909-9335. Sincerely, Wells Fargo Financial Leasing, Inc. Please see reverse side of this letter for important terms, conditions, and other details. WFFLNOPL.D0C-0312 American Bankers Insurance Program — Important Terms & Conditions The Named Insured: The named insured under the American Bankers Insurance Company of Florida policy (the "Policy") is Wells Fargo Financial Leasing, Inc. ("Wells Fargo"). The Wells Fargo customer (referred to below as "You" or "Your") is not covered under the Policy, is not an insured, additional insured or loss payee under the Policy, and does not have any rights or benefits under the Policy. However, if there is a total loss of "covered" Property and the loss is a "covered" loss, Wells Fargo will have the option of either (i) replacing the Property with other equipment/property of a similar kind and quality as of the time of the loss, or (ii) canceling Your Wells Fargo lease or loan contract with no further obligation on Your part; provided however, (a) You will remain liable under Your Wells Fargo contract for any amounts that are past due at the time of the loss, and (b) if You are in default under Your contract at the time of the loss, Wells Fargo reserves the right to retain the insurance proceeds and cancel Your contract. A "total" loss means the Property is either not practically repairable or has been stolen. If there is a partial loss of covered Property and the loss is a covered loss under the Policy, You will have the right to have the Property repaired, at no cost to You. Coverage under the Policy: The Policy provides only property insurance to Wells Fargo covering certain leased, rented or financed equipment under Your Wells Fargo contract (the "Property"). The Policy does not provide bodily injury or property damage liability coverage. It does not comply with any financial responsibility law or any other law mandating motor vehicle insurance coverage. "Covered" Losses: Covered losses under the Policy include burglary, theft, fire and smoke damage, accidental damage, vandalism, flood, power surge or electrical disturbances, lightning, sprinkler leakage, hail, wind and hurricane, earthquake and terrorism. To be a "covered" loss, the Property must be located within the United States (or any of its territories or possessions) or Canada at the time of the loss. How to Report a Covered Loss; Where to Call if You have Questions; Where to Fax Documents or Other Information: To report a loss, call American Bankers Insurance Company of Florida toll free at 1-800-358-0600. If You have questions now or later, please call American Bankers at 1-866-909-9335 Monday through Friday, from 8 a.m. to 8 p.m. (Eastern Time), or fax documents or information to American Bankers at 1-305-506-0086. Minimum and Maximum Loss Amounts: Deductibles: "Covered" losses greater than $100 are paid up to the Policy maximum of $500,000 per occurrence. Losses of $100 or less are not covered. There are no deductibles. Exclusions: The following losses are not covered under the Policy: Losses less than $100; loss of market, delay in transit, obsolescence, business interruption or any other consequential or indirect loss; internal causes of loss, such as mechanical breakdown, wear and tear, gradual deterioration, processing operations of computer equipment, lack of preventative maintenance or inherent defects; rust, corrosion, marring or scratching; shortage of equipment discovered when taking inventory; dishonest or criminal acts by owners, partners, shareholders or directors; war; contaminants or pollutants; theft or vandalism and malicious mischief to pay telephone, vending machines or vending apparatus or to any device attached to or controlled by them. Equipment and Other Property Not Covered: The following types of Property are not covered under the Policy: Equipment that is waterborne; aircraft or watercraft, including their motors, equipment and accessories; Property used in mining, oil or gas explorations or processing; underground Property or other Property that is underground at time of loss; buses, limousines and taxis. Also, certain types of software (such as customized software) and related installation, service, training and software support costs and fees are not covered. The Insurance Charge Paid by You: The insurance charge to be paid by You includes such things as (1) reimbursement to Wells Fargo for the cost of the insurance premium Wells Fargo pays to American Bankers Insurance Company of Florida, (2) a finance charge on the amount of the insurance premium, (3) billing and tracking fees, (4) processing charges and other related charges and fees, and (5) a profit. The cost to You may be more than insurance You could buy on Your own. If You Subsequently Provide Verification of Your Own Coverage: If within 120 days from the commencement date of Your Wells Fargo contract, You provide verification of Your own insurance that is satisfactory to Wells Fargo, then coverage under the Policy will be cancelled on the effective date of Your own insurance. The Insurer: The Policy is underwritten by American Bankers Insurance Company of Florida, an Assurant Specialty Property company. The Policy is partially reinsured by Centurion Casualty Company, an affiliate of Wells Fargo. American Bankers is rated "A" (Excellent) by A.M. Best Company (an organization that rates insurance companies) based on financial strength and operating performance. A.M. Best ratings range from A++ to F. A.M. Best neither endorses nor is affiliated with American Bankers. Centurion Casualty Company, Wells Fargo and/or other affiliates of Wells Fargo will receive financial benefits, including profits, from the insurance program described above. General Disclaimer: The information contained on the front and reverse sides of this letter is general and should not be considered a complete representation of any specific coverage on Property under the Policy. The actual terms, conditions and exclusions stated in the Policy will prevail and take priority over any information contained in this letter. Re: Contract detail for: Contract Number: Equipment Description: Insurance Charge: 6030008337000 XEROX COPIER $10.49 6030008337001 XEROX COPIER $10.49 02 of 02 uSWEL0I.DCC-0212