Supplemental to and part of Master Equity Lease Agreement date: 12/23/2021
1. Lessee Name City of Riverside Delivery Date 04/27/2023 Address 3900 Main St Customer# 471159
City RIVERSIDE State CA Postal Code 92522
ATTN
Driver Alternate Driver Alt Driver
Address 3900 Main St Garage County RIVERSIDE
City RIVERSIDE State CA Postal Code 92522
2. Lease Term Commencing on the delivery date of the vehicle and ending 48 months after the first full monthly rental payment date. with an option to continue month-to-month for an unlimited period of time.
3. Vehicle Description Year 2022 Make Ford Model F-150 Series XL 4x2 SuperCab 6.5 ft. box 145 in. WB
License # 1618418 Unit # 25JW2K Replacement Unit # VIN# 1FTEX1C51NKF28155
4. Monthly Rental and Other Payments Due
4A. Calculation of Monthly Rental
$33,124.95 Capitalized Price of Vehicle
$0.00 Initial License Fee
$0.00 Sales Tax
$498.80 Other: (See Page 2)
$0.00 Extended Mechanical Service Program
$0.00 Less Gain Applied From Prior Unit
$0.00 Less Capitalized Price Reduction
$33,623.75 Total Capitalized Amount (Delivered Price)
$453.92 Depreciation Reserve @1.35%
$175.90 Monthly Lease Charge
$629.82 Total Monthly Rental Excluding Additional Services Additional Services
$0.00 Full Maintenance1 Contract Miles 0 Overmileage Charge $0.0000 Per Mile Incl: # Brake Sets (1 Set = 1Axle) 0 # Tires 0 Loaner Vehicle Not Included Master Policy Enrollment Fees
$0.00 Physical Damage Management Comp/Collision Deductible 0/0 $0.00 Commercial Automobile Liability Enrollment
Liability Limit $0.00
$629.82 Monthly Rental Sub-Total
$55.11 Sales Tax 8.7500 State CA
$684.93 Total Monthly Rental Including Additional Services 4B. Initial Charges
$91.33 Pro-Rated Rental
$684.93 First Month's Rental
$0.00 Security Deposit
$0.00 Capitalized Price Reduction
$0.00 Sales Tax on Capitalized Price Reduction
$0.00 Tax on Gain On Prior
$0.00 Tax on Incentive ( Taxable Incentive Total : $0.00 ) $0.00 License and Certain Other Charges
$0.00 Aftermarket Equipment
$0.00 Other
$776.26 Total Initial Charges
4C. Service Charge $400.00 Service Charge Due at Lease Termination 4D. Reduced Book Value $11,835.59 Reduced Book Value at Lease Termination Quote based on estimated annual mileage of 5,000
Special Provisions
As set forth in the Master Open - End (Equity) Lease Agreement, the terms and provisions contained in this schedule shall be conclusive and binding on Lessee unless Lessee objects in writing to the same within ten (10) days after the date of delivery of the vehicle.
Enterprise FM Trust, a Delaware statutory trust, is the owner of the vehicle covered by this Schedule. Enterprise FM Trust (not Enterprise Fleet Management) is and shall be deemed to be the Lessor of such vehicle under the Master Open - End (Equity) Lease Agreement and shall have all rights and obligations of the Lessor under the Master Open - End (Equity) Lease Agreement with respect to such vehicle. All rental and other payments owed by the Lessee with respect to such vehicle under the Master Open - End (Equity) Lease Agreement shall be paid to Enterprise Fleet Management in its capacity as the servicer for Enterprise FM Trust. All references in Sections 11(a) and 12 of the Master Open - End (Equity) Lease Agreement to the "Lessor" shall include any servicer(s) and/or other agent(s) for or of Enterprise FM Trust. Lessee must maintain insurance coverage on the vehicle as set forth in Section 11 of the Master Open-End (Equity) Lease Agreement until the vehicle is sold. 1The inclusion herein of references to maintenance fees/services are solely for the administrative convenience of Lessee. Notwithstanding the inclusion of such references in this [Invoice/Schedule/Quote], all such maintenance services are to be performed by Enterprise Fleet Management, Inc., and all such maintenance fees are payable by Lessee solely for the account of Enterprise Fleet Management, Inc., pursuant to that certain separate [Maintenance Agreement] entered into by and between Lessee and Enterprise Fleet Management, Inc.; provided that such maintenance fees are being billed by Enterprise FM Trust, and are payable at the direction of Enterprise FM Trust, solely as an authorized agent for collection on behalf of Enterprise Fleet Management, Inc.
Open - End (Equity) Lease Schedule Quote No: 6139626
Printed On 01/29/2024 12:15:58 PM Page 1 of 2
Aftermarket Equipment Totals
Description (B)illed or (C)apped Price
Total Billed $0.00
Lighting - Phenix Q# TQ18490 C $2,763.32
Total Capitalized $2,763.32
Total $2,763.32
Other Totals
Description (B)illed or (C)apped Price
Total Billed $0.00
Pricing Plan Delivery Charge C $125.00
Extra Keys C $373.80
Total Capitalized $498.80
Total $498.80
Open - End (Equity) Lease Schedule Quote No: 6139626
Printed On 01/29/2024 12:15:58 PM Page 2 of 2