MEARS LEASE PURCHASE SCHEDULE 11-ACITY OF CLEARWATER
Poo- Oi:nci; &)% 4748, CLEAR'WAIER, I'LORIDA 33 / 58-4748
M1 MCIPALSERVICES B1111-DIN6, 100 SI:n'I'II MI 'RI-u, AI'fl_tii -. C.'u:,VR vvti:l;, howim 33750
F1NAN[AA1, SI1ZV I[1",
TO: Mears Motor Leasing
3905 El Rey Road
Orlando, FL 32808
407-298-2982
ATTN: Joanne Cornier
FROM: City of Clearwater
RE: Lease Purchase Draw Request
1. Request No.: 11-A
March 10, 2011
2. Please Pay: $884,295.68 dollars (see lease term schedules)
We hereby request this disbursement from the line of credit under the Master Lease
Agreement and, in connection therewith, certify and agree as follows:
A. The undersigned has not previously drawn down any amount of the line of credit
for the current expenditures;
B. The items covered by this request have been or are being purchased in accordance
with the terms of the Master Lease Agreement.
PAYMENT INSTRUCTIONS
Banking Information
Bank Name Bank of America.
Bank ABA Number 026009593
Account Number 001260030758
Account Name City of Clearwater Consolidated Cash
Dated: ;*0 1 ao i t
signed by: -
Brian J. Ravins; FindLCe Directo
"I:r?1 A]. EM 110); M1!-.N AND A[ E ERA1:1']'It'E: A :! El1M1 T 4fY].]!5'I:It"
DISBURSEMENT DETAILS
5-Year Lease Term
Invoice No. Vendor Description Amount
27599 Garber Auto Mall 2011 Ford F250 Pick Up 24,172.00
40394885 Wesco Turf Inc Toro Reelmaster 5510 Fairway Groomer 44,681.12
12302074 Wesco Turf Inc Toro Z595D Commercial Mower 11,747.92
797125 Bobcat Company Bobcat S650 Skid Loader 32,227.00
40393615 Wesco Turf Inc Toro Groundsmaster 4000-D Rough Mower 49,314.96
BDBC6282 Atlantic Truck Center Freightliner M2 43,706.75
2791 Extensys Inc Network Equipment 219,800.00
XF6NTCKN7 Dell Marketing LP Network Equipment 4,905.74
0002675-IN Integrated Technology Library Self-Checkout System 13,247.50
00026744N integrated Technology Library Self-Checkout System 13,247.50
0002678-IN Integrated Technology Library Self-Checkout System 26,495.00
0002677-IN Integrated Technology Library Self-Checkout System 26,495.00
0002684-IN Integrated Technology Library Self-Checkout System 84,568.19
84830 Pat's Pump and Blower Aquatech B12/2000 Sewer Cleaner Body 289,687.00
Total 5-Year Term $ 884,295.58
3-Year Lease Term
Invoice No. Vendor Description Amount
Total 3-Year Term $
Residual Value
Yearly Interest Rate
Number of Years
Payment Terms
Payment Type
Compound Type
Principal Start Date
First Payment
Payment # Date Payment Interest Princip al Reduction Principal
Totals
20 950,727 $ 66,431 $ 884,296
Schedule
1 4/1/2011 $ 47,53613 $ 6,190.07 $ 41,346.26 $ 842,949.42
2 7/112011 $ 47,536.33 $ 5,900.65 $ 41,635.69 $ 801,313.73
3 10/112011 $ 47,536.33 $ 5,609.20 $ 41,927.14 $ 759,386,59
4 11112012 $ 47,536.33 $ 5,315.71 $ 42,220.63 $ 717,165.96
5 41112012 $ 47,536.33 $ 5,020.16 $ 42,516.17 $ 674,649.79
6 71112012 $ 47,536.33 $ 4,722.55 $ 42,813.78 $ 631,836.01
7 101112012 $ 47,536.33 $ 4,422.85 $ 43,113.48 $ 588,722.53
8 11112013 $ 47,536.33 $ 4,121.06 $ 43,415.26 $ 545,307.25
9 41112013 $ 47,536.33 $ 3,817.15 $ 43,719.18 $ 501,588.07
10 71112013 $ 47,536.33 $ 3,511.12 $ 44,025.22 $ 457,562.85
11 1011/2013 $ 47,536.33 $ 3,202.94 $ 44,333.39 $ 413,229.46
12 1/112014 $ 47,536.33 $ 2,892.61 $ 44,643,73 $ 368,585.73
13 4/112014 $ 47,536.33 $ 2,580,10 $ 44,956.23 $ 323,629.50
14 7/112014 $ 47,536.33 $ 2,265,41 $ 45,270,93 $ 278,358.57
15 10/1/2014 $ 47,536.33 $ 1,948.51 $ 45,587.82 $ 232,770.75
16 1/1/2015 $ 47,536.33 $ 1,629.40 $ 45,906.94 S 186,863.81
17 411/2015 $ 47,536.33 $ 1,308.05 $ 46,228.29 $ 140,635.52
18 71112015 $ 47,536.33 $ 984.45 $ 46,559.88 $ 94,083.64
19 10/112015 $ 47,536.33 $ 658.59 $ 46,877.75 $ 47,205.89
20 1/112016 $ 47,53633 $ 330.44 $ 47,205.89 $ {0.00}
ram 8038^G I Information Return for Tax-Exempt Governmental Obligations
¦ Under Internal Revenue Code section 149(e) OMB No. 1545-0720
(Rev. November 2000] ¦ see separate Instructions.
Department
l Revenue the Treasury
Internal Re'• Caution: If the issue price is under $100,000, use Form 8038-GC.
11110M Reporting Authority If Amended Return. check here ¦ f-1
1 Issuer's name 2 Issuer's employer identification number
City of Clearwater 59 :6000289
3 Number and street (or P.O. box if mail is not delivered to street address) Roo"suite 4 Report number
PD Box 4748 3 11-01
5 City, town, or post office, state, and ZIP code 6 Date of issue
Clearwater, FL 33758-4748 311112011
7 Name of issue 8 CUSIP number
Master Lease Agreement No. 11-A NIA
9 Name and title of officer or legal representative whom the IRS may call for more infor
mation 10 Telephone number of officer or legal representative
Joyce Hunt, Accountant i 727 y 562-4525
r pe or tssue tcnectt a IG7DIe Dox[es] ana enter the issue price] See instructions and attach schedule
11 ? Education . . . . . . . . . . . . . . . . . . . . . . . . . . 11
12 ? Health and hospital . . _ . . . . . . . . . . . . . . . . . . 12
13 ? Transportation . . . . . . . . . . . . . . . . . . . . . . . . 13
14 ? Public safety . . . . . . . . . . . . . . . . . . . . . . . . . 14
15 ? Environment (including sewage bonds) . . . . . . . . . . . . . . . 15
16 ? Housing . . . . . . . . . . . . . . . . . . . . . . . . . 16
17 ? Utilities . . . . . . . . . . . . . . . . . . . . . 17
18 ? Other. Describe ¦ 18
19 If obligations are TANS or RANs, check box ¦ ? If obligations are BANS, check box ¦ ?
20 If obligations are in the form of a lease or installment sale, check box ¦ ?
DescriDtion of Obliaabons. Comnlete for the entire i*_tuP for which this form is hPinn
(a) Final maturity date {b) Issue price (c) Stated redemption
price at maturity (d) Weighted
average maturity {ey Yield
21 0110112016 $ 884,296 $ 884,296 5 years 2.80 %
¦ ja ? uses OT Proceeas of t3ona issue inciuain underwriters' discount)
22 Proceeds used for accrued interest . . . . . . . . . . . . . . . . . . 22
23 Issue price of entire issue (enter amount from line 21, column (b)) . , , , , . . . 23 684,296
24 Proceeds used for bond issuance costs (including underwriters' discount) . 24
25 Proceeds used for credit enhancement . . . . . . . . . . . . 25
26 Proceeds allocated to reasonably required reserve or replacement fund . 26
V Proceeds used to currently refund prior issues . . . . . . . . . 27
28 Proceeds used to advance refund prior issues . . . . . . . . 28
29 Total (add lines 24 through 28) . . . . . . . . . . . . . . . . . . 29
30 Nonrefundin proceeds of the issue subtract line 29 from lute 23 and enter amount here) . 30
Descri 'on of Refunded Bonds (Complete this art only for refunding bonds.)
31 Enter the remaining weighted average maturity of the bonds to be currently refunded . . . ¦ NIA years
32 Enter the remaining weighted average maturity of the bonds to be advance refunded . . . ¦ NIA _ years
33 Enter the last date on which the refunded bonds will be called . . . . . . . . ¦
34 Enter the date(s) the refunded bonds were issued ¦
Miscellaneous
35 Enter the amount of the state volume cap allocated to the issue under section 141(b)(5) . . . 35
36a Enter the amount of gross proceeds invested or to be invested in a guaranteed investment contract (see instructions) 36a
b Enter the final maturity date of the guaranteed investment contract ¦ WER,
37 Pooled financings: a Proceeds of this issue that are to be used to make loans to other governmental units 37a
b If this issue is a loan made from the proceeds of another tax-exempt issue, check box ¦ ? and enter the name of the
issuer ¦ _ and the date of the issue ¦
38 If the issuer has designated the issue under section 265(b)(3)(8)(i)(Ili} (small issuer exception), check box . . . ¦ ?
39 If the issuer has elected to pay a penalty in lieu of arbitrage rebate, check box . . . . . . . . . . . . ¦ ?
40 If the issuer has identified a hedoe. check box w F-1
Vrluer PerkUrje5 Or Pequry, r oeciare mat I nave exammea mrs return and accompanying schedules and statements, and to the hest of my knowledge
and belief, they are true, correct, and complete.
Sign
Here
Brian J. Ravins, Finance Director
Sig ature of issuer's authored representative Date Type or print name and title
For Paperwork Reduction Act Notice, see page 2 of the Instructions. Cat, No. 63773S Form 8038-G (Rev. 11-2000)
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