HomeMy WebLinkAbout83-78
. .
THE CQRPORATION OF THE TOWN OF NEWCASTLE
BY-LAW 83-78
being a by-law to authorize the execution of an
Agreement with Fi rst City Capital Ltd. in respect
of a lease for AES Word Processing Equipment.
The Corporation of the Town of Newcastle HEREBY ENACTS AS FOLLOWS:
That the Mayor and Clerk are hereby authorized to
execute on behalf of the Corporation of the Town
of Newcastle and seal with the Corporation Seal, an
Agreement between First City Capital Ltd. and the
said Corporation, which is attached hereto as
Schedule "X".
By-law read a first time this Twenty-fourth day of May 1983
By-law read a second time this Twenty-fourth day of May 1983
By-law read a third time and finally passed this Twenty-fourth
day of May 1983.
///~ #~A'L~
~ - .
Mayor
l]o.u:..Lw .~.
Clerk
r file No.;g.,.),.,.l_....-_.....J
tmstOty CAPITAL LTD.
HEPD OFFICE: 1200 - 1055 W. GEORGIA ST.
P,O. BOX 11151, ROYAL CENTRE, VANCOUVER, B.C.
V6E3S6
SCHEDULE "X" to by-law 83:l8:-- )
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Cffices in Vancouver, Edmonton, Calgary, Winnipeg, Itondon, Toronto, Ottawa and Montreal
,t,DtJITIONAL LEASE TERMS
FIRST CITY CAPITAL L TO,
dS L ~ssor and
Attached to and forming part of the lease agreement made between First City Capital Ltd.
as Lessee,
d~ted the
day of
Cption to Purchase
lessor agrees that, provided Lessee shall not be in default under
tl; ~ ~ aid lease agreement, at the expiry of the month
of the lease terrn, the Lessee shall have the option to purchase the
bupment for the price of $ payable in cash
r-1us applicable provincial and federal sales taxes. This option shall
b(~ exercisable by Lessee by giving notice in writing to Lessor thirty
UO) days prior to the expiry of the said month.
Tranfer of title to the Equipment shall be without warranties or
!,'pmsentations whatever, either express or implied as to the dura-
l; lit/, suitability, quality or condition of the Equipment. This Option
If 110t assignable.
I By-law NOhm~}-=-_~L_1
,\9
Name of Lessee
Per
>-
CIS
Per_
2""
Name of Guarantor
Guarantor's Signature ---------------------
CIS
Guarantor's Signature
FIRST CITY CAPITAL LTD.
Per
.'
~,,,,,,"'~"'H
flMtClty
HEAD OFFICE/SIEGE SOCIAL:
777 HORNBY STREET
VANCOUVER, B.C. V6Z 1S4
SCHEDULE B/TA8LEAU B
Attached to and forming part of lease "
Joint . et formant partie integrale du bail II
between
entre
lessee.
______ locataire,
and FIRST CITY CAPITAL lTD.. lessor.
et CAPITAL FIRST CITY l T~E. locateur.
RENTALS EXPRESSED HEREIN ARE AREDICATED ON FIRST CITY.S RATE FOR Three
( 3 ) YEAR FIXED RATE LEASES BEING
9.90 % as at May 5th" 1983
RENTALS WILL BE ADJUSTED AT LEASE COMMENCEMENT DATE TO REFLECT ANY CHANGES
IN THE ABOVE RATE.
ome
FIRST CITY CAPITAL L TO.
CAPITAL FIRaT em LTEE
Name of LesseelNom du Locatalre
Authoriled Sigl'latutelSigna1ure .u~tO(itWJeo
Titlerrltrt'
;&~~tldS~n;;:~~-~~:",~,. -,
-r.-5(~ -
," , ftBS.atv CAPITAL LTD.
Ji-S(.e)
LEASE No
HEAD OFFICE: FIRST CITY BUILDING
777 HORNBY STREET
VANCOUVER. B.C. V6Z 1S4
Offices in Vancouver. Edmonton. Calgary. Sib~;atoon, Winnipeg. Lon,jon. TOlonto. HamiltorJ, Ottawa, Montreal,
Quebec City. Halifax and SI. John's.
ISSUINU OF F ICE ADDRESS
"
LESSEE~S FULL NCA,ME, fDDRESS" , "', ,. i ALL
T L.: <. '':'IO(l,~r7r;;#,- .', I tot'"' - a...c,,,",, ,.,_., ~
t.-..v( ....s' L. "- ..,,' '-I
~ () 7'L'~ ,"LU' If)/v" t.' -;, I /.~"",;, ''''A,''''- ...': .It.'' I ,,~') ,
PERSON TO CONTACT ..0 j-it,YT"'NI C/' ,(, TELrf/~ ').,3 33;l~
-.-...--.---.-..-.-.----..... .--- ----.-..-.--.- ---,-. ...."-.---.....-. ----
DESCRIPTION OF EQUIPMENT
SUPPLlER'S FULL NAME. ADDRESS
, , ." 1\ -,
..~ /J t,iJ . I IV \.,.
S;- I- L (: /.{ (1/(. S
'" "....\J t.' I... ...'"
. SUPPLlER'S SALESMAN :r
(tl ,,, '/ ''- tJ 1- TEL.
,,__ ,~c~~z.,.. /1'
r PRICE
-I .-
QUANTITY
.~,' ,1t,;tc "LV"s r;;:_ v,J ,~"'''':' ,'it.;. ,- ,A.'toJ 4,-.t
c5) vwl t-,"" /5'/,:/ ~"" /"" T~'r':
.()"',.I.... $' /..11:::""7 /- J::"I. "':)k- n,
L(, tr.lll"'::ll.. I~
" If rt , Joo1 i. /1 L ,".:t.( ., 4;' ,:-,.)... '7L/<- TOTA~ PRICE
/H ... '" n I W k: I ,5 t: f ': r14' ...,1 t. FEDERAL TAX
"- -------------------- - ---
~~kS'I~!_~~I~_~~!_ L!~_:l _/1. ):..._,,_,,_"!~ -.!~ 1','1/"""... 7/1tJ..s.u.! 7. l TOTAL C<?ST
I
,/
I
I
1~.1.~'j'?('
---
i ~.. '1'1 .' .'
TERM RENTALS DUE
.....-,. - --~---_.-
flENTALS
NUMBER AMOUNT
.~ ,':;, Of $ S3'J,,':I
LEASING PARTICULARS
TAX TOTAL RENTAL
:~ h
$31 Ji
$
O' 7/;',
TERMINAL RENTALS
-. _. ....--.. -..-..-.--.--...-.,.--
NUMBER AMOUNT
OF $
RENEWAL TERM
. -.--:- YEARS AT
EACH DUE ON
MONTHS IN ADVANCE EXCLUDING TAX RENTAL COMMENCEMENT
SEE ATTACHED "SCHEDULEs WHIcH FORMS AffINTEGRAL PART OF THIS' DOCUMENT.
~~)€*)(~<<~K<xm~~9tX~~<<XXXX X xx X X-X~~)r; XX<<~)l~~ <<r~)f~~~K<XX<)4~ l(<<~X xxx XX-XX XXX X xx X XX)(>~~~l(r)t)41; ~Xl)(?)(
XXXXXXX~XXXXXX~>>XX~X
~X~IX'Xl(~ X!XXK')(~)(*~)(lJ(9(K'*XX~ XX ~K~*Xi)( ~~~9(:}€lx!)(~)(lx!9(~K X~)(~X'x X!~)(*~mcx ~X!K~KrX~~ ~K'1~OO~K<<:X<f1XKXoo(
'n~~X!K~m*~~Xl)(<<~)(~~X1(~)@9(i)fKm~XXX xX-xx XXXXX-X X xx~x X XXXXX-~)li(~*<<<)()(ll(~rm€'X'X>>>X~XK*X~X>K.
nmueumill~*'XX')(~~'~mJ{x~~)(1x>~*mX>)(X>K9f)E~~X~KX~~)(~X'X~l)t:X~t}(~~~)(OO~K~X4(,)(<<Xoo(
PER YEAR
PA Y ABLE
ANNUALL Y IN ADVANCE
$
-
PLACE OF REDELIVERY TO l.ESSOR
--TLOCA-rION OF Eoui'PMENT."IF-D"IFF"ERE"NT FROMABO\,~m "JJR-ESs:--.-
Of~IGIN,AL TERM COMMENCES AND FI!-lST HENT PAYMENT DUE
SUBSEQUENT RENT PAYMENTS COMMENCE
19
19
MONTH DAY
YEAR MONTH
_ _M____.. ~_ _._ _ ___'__M_'
LEASE AGREEMENT
This Aqrpement made by and between Fifst City Capital Ltd., (herein tdferred to as the LeSSOr) and the Lessee namecf above (refer red to as the Lesseo),
WITNESSETH: That In consideralion of H1e covenants hereinafter contained including those on the reverse hereof, the Lessor and Lessee have mutually
w]reed as follows' . .
1, LEASE: Lessor hereby leases to Lessee, and the Lessee hereby hires and leases from Lessor the equipment described above. together with
any parts and accessories relating thereto or affixed thereon (herein referred to as the Equipnlent).
2. TERM: ThiS lease is for an origlnallerm commenCing on the date specified in the Leasing Particulars above and unless sooner terminated as
set forth hel 81n. ends at the expiry of the nUrf!oer of months indicated under the heading "T arm" in the Leasing Particulars above.
3. RENT: Lessee shall pay as rent 10 the Lessor for tllO (!quiptn€Hlt liUJing the original term in advance in lawful money of Canada the number of
rent,II" If' the amounts and at the times 'ihoV\"n In the Leasing Particulars above. Ttle rent sllall be paid IQ the Lessor at First City Budding. "/77 Hornby
Street. Vancouver. BC V6Z 1S4.
4. TERMINAL RENTALS: The number of terminal rentals to be prepaid, as set forti, in the Leasing Particulars above. if any, shall be paid to
Lessor bv Lessee on date of commencement of the original term Such termillal rentals. when paid to Lessor, shall be deemed to have been received by
Lessor not as a depOSit nor as a security to C{)fnpensate Lessor for any cJarnaqes It mi-lY suffer by reason of a breach by Lessee of any covenant or con-
(jition of lhls Lease, but as a condition preil!ninary ior tile execution thereof, and :;hali remain the ab~;olute property of Lessor, shall not be refundable to
Lessee under any circumstances but shall be ilpolied by Lessor against the subsequent rentals In reverse order of their matUrities If this Lease remains
In force ollld In good standing.
5. PROVINCIAL SALES TAX: Lessee ~:Ilail pay to Lnssor on anj wilh each rental. the amount of provinCial sales tax. If ,1nY, thereon atlhe rate :lp-
pllcat)le Iromtime to time. ProvinCial sales !iix at Ihe rate now appllca:)le on the amount of each renta, IS as set forth above
6. INTEREST ON OVERDUE PAYMENTS: lessee shall. withcut notice, pay :ntere;1 at the rate of 240: per annum on :lny overdue inr:!a:rnent Of
re'll. and upon written notice from Lesso'. at t;ie 'iame rate on alt otlle: dmounts rPqulred to be paid by Lessee 11ereunder and which shall have been paid
by Le<;sol
7. USE: Lessee shall use the Equlpnwn! !n a careful anj pruden: mannfJr and not for any uniawful purpose and shaH at Les~;ee's expense comply
With all(] conform to all federal. prov'neral, municipal and o!h,~r laws. ordinances ana ri-'9u1atlons In any way relating to 'he possession, use 01
mainten,nce of the EqUipment
DAY
YEAR
8. NON.CANCELLABLE: TillS Lease C 111110t be cancelied or tE"rT\lnated exc8Dt as eK~)fessl'l prOVided h'mlin
(SEE REVEltS: ;'0 IDE FOR CON TI I'oJUA nON 01: TER~lS t~ COtJDITIONS 01: THIS LEN;EI
Date E>ecuted by Lessee
FIRST CITY CAPITAL LTD.
71.~ _(t"!ij';;j{1~; /0." f",J7j~.L_ ,,1c.l.l', ,.'/ 'Lk(.,,~' "'1;~l:
Narnp of Le,;sf't'
PH:
F'f~r )\
Authorized S:gnatur P
Title
CIS
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Pur )<,
Authorized SI9rJa!ure
Title