Cities Index.
Attachment A – Financing Proposal from Community Leasing Partners

Pacifica City Council
August 14, 2023

Document
Attachment A – Financing Proposal from Community Leasing Partners
Meeting
August 14, 2023
Body
Pacifica City Council
Original file
113 KB
Text extracted from the city's file for reading and search. Open the original on pacificacityca.iqm2.com. That file is the official record.

Phone: 888.777.7850
Fax: 888.777.7875
Cell: 785.313.3154
www.clpusa.net
Customer Name:

Sales Representative:
•
•
•
Blake J. Kaus
Vice President & Director of Leasing
[email protected]
A Division of Community First National Bank - Member FDIC THERE ARE NO DOCUMENTATION OR CLOSING FEES ASSOCIATED WITH THIS PROPOSAL.

This proposal has been prepared assuming the lessee is bank qualified and that the proposed lease qualifies for Federal Income Tax Exempt Status for the Lessor under Section 103 of the IRS Code.

Thank you for allowing Community Leasing Partners the opportunity to provide this proposal. If you have any questions regarding the options presented, need additional options, or would like to proceed with a financing, please contact me at 1-888-777-7850.

Respectively,
The quoted interest rate is valid for 10-days from the date of the proposal. To lock in the interest rate, a credit submission would be required, and a credit approval attained within the same 10-day period. This financing is to be executed & funded within 30 days of the date of the proposal or Lessor reserves the right to adjust the interest rate. The proposal is subject to credit review and approval and mutually acceptable documentation.

July 7, 2023
Interest Rate:

Option 1
Pacifica, CA

0.142857

4.99% 5.19%
Bill Amable, Deputy Chief
$218,352.66

0.00%
$ 1,148,709.30
Community Leasing Partners, a Division of Community First National Bank , is pleased to present the following financing options for your review and consideration.

Equipment:

Delivery:

One Pierce Pumper
Estimated 39-42 months
First Payment:
$155,966.19
Payment Frequency:

Amount Financed:
$ -
$ 56,945.99
$ 1,091,763.31
First Payment:
$212,104.22 $153,444.94 0.200000

0.00%
7 $125,000.00
7 Balance of Payments:
215 S. Seth Child Road
Manhattan, KS 66502
July 15, 2025
Annual
10 $125,000.00
Term in Years: 5
Total Cost:

Down Payment:

Prepayment Discount:

Jon Bauer @ Golden State Fire Apparatus

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