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RES 85496
City of Pleasanton
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1980-1989
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1985
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RES 85496
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10/1/2012 12:48:19 PM
Creation date
12/28/1999 8:30:46 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
10/15/1985
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LESSEE (continued) <br /> <br /> This option to purchase maybe exercised by LESSEE only as of any of the <br />dates for renewal of the lease as hereinabove set forth. <br /> <br /> The purchase price of the equipment as of the time that LESSEE may <br />exercise this option to purchase shall be as follows: <br /> <br /> If the option to purchase is exercised as of OCTOBER 1, 1986 the <br /> <br />purchase price shall be $131,659.05 . <br /> <br /> If the option to purchase is exercised as of OCTOBER 1, 1987 the <br /> <br />purchase price shall be $112,850.61 . <br /> <br /> If the option to purchase is exercised as of OCTOBER 1, 1988 the <br /> <br />purchase price shall be $94,042.18 · <br /> <br /> If the option to purchase is exercised as of OCTOBER 1, 1989 the <br /> <br />purchase price shall be $75,233.74 . <br /> <br /> If the option to purchase ls exercised as of OCTOBER 1, 1990 the <br /> <br />purchase price shall be $56,425.31 . <br /> <br /> If the option to purchase is exercised as of OCTOBER 1, 1991 the <br /> <br />purchase price shall be $37,616.87 · <br /> <br /> If the Option to purchase is exercised as of OCTOBER 1, 1992 the <br /> <br />purchase price shall be $18,808.44 . <br /> <br /> The exercise of any or all of the options hereinabove granted shall be <br />at the sole and absolute discretion of the LESSEE, and no agreement <br />whatsoever exists between the parties hereto that said LESSEE will or shall <br />exercise any of said options, and it is further expressly stipulated and <br />agreed that the LESSEE by reason of the inclusion of said options herein <br />has not in any way or manner whatever incurred any obligations, <br />indebtednessDrchargeduringthe fiscal years of 1985 , 1986 , 1987 , <br /> <br /> 1988 , 1989 , 1990 , 1991 , 1992 ,and 1993 other than the rental of <br />said equipment for the original term as above limited provided. <br /> <br /> <br />
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