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2015/08/05 Council Agenda Packet
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2015/08/05 Council Agenda Packet
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11/2/2015 5:33:12 PM
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Council Agenda Packet
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8/5/2015
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9 <br />ADDENDUM (WASHINGTON) <br />Master Tax -Exempt Installment Purchase Agreement <br />THIS ADDENDUM, which is entered into as of August 07, 2015 between U.S. Bancorp Government Leasing and Finance, Inc. ("Seller") <br />and City of Everett ("Purchaser'), is intended to modify and supplement Property Schedule No. 1 (the "Property Schedule") to the Master <br />Tax -Exempt Installment Purchase Agreement between Seller and Purchaser dated as of August 07, 2015 (the "Master Agreement"). <br />Capitalized terms not otherwise defined herein shall have the meanings set forth in the Master Agreement, <br />In addition to the representations, warranties and covenants of Lessee set forth in the Master Agreement, Purchaser, as of the <br />Commencement Date for the Property Schedule, represents, warrants and covenants for the benefit of Seller that Purchaser is not in <br />violation of, and the execution and delivery of the Property Schedule will not cause Purchaser to violate, any debt limitations applicable to <br />Purchaser or the Property Schedule, and without limiting the foregoing, (i) if Purchaser is a county, city or town, Purchaser is not in <br />violation of, and the execution and delivery of the Property Schedule will not cause Purchaser to violate, the provisions of Section <br />39.30.010 of the Revised Code of Washington [attach computation of test]; and (ii) if Purchaser is a school district, Purchaser is not in <br />violation of, and the execution and delivery of the Property Schedule will not cause Purchaser to violate, the provisions of Section <br />28A.335.200 or Section 39.36.020 of the Revised Code of Washington [attach computation of test]. <br />IN WITNESS WHEREOF, Seller and Purchaser have caused this Addendum to be executed in their names by their duly authorized <br />representatives as of the date first above written. <br />Seller: U.S. Bancorp Government Leasing and <br />Finance, Inc. <br />B: <br />Name: <br />Title: <br />Purchaser: City of Everett <br />Name: <br />Title: <br />Attest: <br />By <br />Name: <br />Title: <br />
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