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RES 85496
City of Pleasanton
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CITY CLERK
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RESOLUTIONS
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1980-1989
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1985
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RES 85496
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Last modified
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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~C FIRE APPARATUS OPERATION DATE 10-01-85 <br />LEASE PURCHASE PLAN COMPUTATION SCHEDULE <br />CITY OF PLEASANTON <br /> <br />TOTAL CONTRACT CASH PRICE 153807.30 <br /> <br />1ST YEAR DCA~N PAYMENT-DUE DELIVERY & ACCEPTANCE -30761.46 <br />PRINCIPAL BALANCE 123045.84 <br /> INTEREST @ .07 8613.21 <br />2NO YR OPTION TO PURCHASE - 12~O. FROM DELIVERY 131659.05 <br /> <br />2ND YR PAY PRINCIPAL 17577.98 PLUS 8613.21 -26191.19 <br /> BALANCE 105467.86 <br /> INTEREST @ .07 7382.75 <br />3~O YR OPTION TO PURCHASE - 24M0. FROM DELIVERY 112850.61 <br /> <br />3RD YR PAY PRINCIPAL 17577.98 PLUS 7382.75 -24960.73 <br /> BALANCE 87889.89 <br /> INTEREST @ .07 6152.29 <br />4TH YR OPTION TO PURCHASE - 36MO. FROM DELIVERY 94042.18 <br /> <br />4TH YR PAY PRINCIPAL 17577.98 PLUS 6152.29 -23730.27 <br /> BALANCE 70311.91 <br /> INTEREST @ .07 4921.83 <br />5TH YR OPTION TO PURCHASE - 48MO. FROM DELIVERY 75233.74 <br /> <br />5TH YR P~Y PRINCIPAL 17577.98 PLUS 4921.83 -22499.81 <br /> BALANCE 52733.93 <br /> INTEREST @ .07 3691.38 <br />6TH YR OPTION TO PURCHASE - 60M0. FROM DELIVERY 56425.31 <br /> <br />6~{ YR PAY PRINCIPAL 17577.98 PLUS 3691.38 -21269.35 <br /> BALANCE 35155.95 <br /> INTEREST @ .07 2460.92 <br />7TH YR OPTION TO PURCHASE - 72MO. FROM DELIVERY 37616.87 <br /> <br />7TH YR PAY PRINCIPAL 17577.98 PLUS 2460.92 -20038.89 <br /> BALANCE 17577.98 <br /> INTEREST @ .07 1230.46 <br />8TH YR OPTION TO PURCHASE - 84M0. FROM DELIVERY 18808.44 <br /> <br />8TH YR PAY PRINCIPAL 17577.98 PLUS 1230.46 -18808.44 <br /> BALANCE 0 <br /> <br />PROOF TOTAL LEASE PAYMENTS 18826~.14 <br /> LESS: INTEREST -34452.84 <br /> NET CASH PRICE 153807.30 <br /> <br /> <br />
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