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Resolution 1994-14 STATE OF ILLINOIS COUNTY OF ]KENDALL RESOLUTION 1994-I RESOLUTION APPROVING CAR LEASE-PURCHASE WHEREAS, the United City of the Village of Yorkville has deemed it necessary to enter into a lease-purchase agreement for a new automobile to be used by the City Administrator and for purposes of use by the City for attendance at conferences and review of City projects; and WHEREAS, it has been determined from the bids received to provide said automobile that the lowest and most responsible bid is for a 1994 Pontiac Grand Prix to be purchased from Detzler Pontiac on the basis of a smart-lease lease-purchase agreement consisting of 35 payments of$329.77 plus a balloon payment at the conclusion of said lease of$8,700.48; and WHEREAS, the Mayor and City Council of the United City of the Village of Yorkville deem it to be in the best financial interest of the City to purchase a vehicle on said terms and conditions: NOW THEREFORE, the Mayor is authorized to execute a credit application and purchase agreement form on a "smart-lease" purchase agreement with Detzler Pontiac for a 1994 Pontiac Grand Prix. Passed this ^ day of � 1994. Mayor Attest: T] Ci Clerk J GAG FlNANC,WLSEFIVICE3 CUSTOMER :TATEMENT—PLEASE PRINT': APPUCATION NUk __A ❑ i�UNtlaat.cradh--applybrp for aedft•In Yoor owe oars alp relying on riff am' -N,or Maori anIII.20 he.6lcome or assets d anadMr Brea=as the bog for Check ' (WYM t of the rxedlt repn9st9d(Complete Seetlml A). ApPmwaiate ❑ Joint GWit—apptying for joint Credit with aeedw person(CMillete Seetloes A and f3).RNatleolbip to jolt applicant or other party,if say far 1 ❑ krdlyldwi.t'ledit—applying for credit In yodr ewe naen but relying on income fro=annicay,ddfd anppor%or Separate soother oereon as the basis for repayment of the credit rgmsted(Campion SeMtals A and 8). melr{tenana or,m the Lnmole or assets of FuLLTUnitedF' lty of theM�flage of YoC'Kvllle 5" SOCSEGNO/TIN DATE OF HOME PHONE NO. NAME J, PRESENT NUMBER AND STREET CITY COUNTY STATE ZIP CODE LIVED THERE ADDRESS YEARS MONTHS Tower Lane Yorkville Kendall Illinois 60560 RENT BY MO. ❑ LANDLORD OR MORTGAGE HOLDER NAME LEASE ° Not applicable MO.PTMT.OR RENT 5 PREVIOUS NUMBER AND STREET CITY COUNTY STATE ZIP CODE LIVED THERE ADDRESS Not applicable YEARS MONTHS EMPLOYED BY NAME BUSINESS ADDRESS,NUMBER AND STREET CITY STATE NOW to BUS.PHONE NO. SELF Q YEARS MONTHS C` OTHERS Not applicable i TRADE OR OCCUPATIQN SALARY OR WAGES NAME OF PREVIOUS EMPLOYER ADDRESS NO.YR$. i � S ` Ali m ,child orty support.yr soperate enaintenanw income need not bv,rwoelad if you-do net wish t0 fN►.e it tensldered vs o-basis far repaying this obligation. TYPE OF OTHER INCOME SOURCE MONTHLY R AMOUNT r 3 NAME AND ADDRESS OF PARENTS NAME ADDRESS PHONE NO. RELATIONSHIP OR NEAREST RELATIVE NOT LrV1NG WITH ME j NAME AND ADDRESS NAME ADDRESS PHONE NO. KNOWN HOW OF LONG7 PERSONAL FRIEND BANK ACCOUNT NAME OF BANK BRANCH NAME AND CITY CHECKING ❑ CHECKING ACCOUNT NO. _ SAVINGS ❑ NO ACCOUNT p LAST CAR NAME OF CREDITOR BALANCE DUE FINANCED TRADING IN OR DATE PAID THIS CAR? ❑YES G NO b '6lRWIQY W usrAU��ORpATIOIIt WMMJM RMAP95 Cam AMM16 AAIYtt,CMU CARM 01 a¢auwrY_. 1114u0E NMWR wAARJCAWIM W MWn)n CAO-Vm .s—f2- M*IgW"AWVC N JF CREDITOR ADDRESS ACCOUNT NO. United City of the Village of Yorkville eniovs a A Bond Rating, and hoc m t on a timely basis all credit obligations THE CAR WILL BE REGISTERED IN NAME OF NUMBER AND STREET CITY STATE I OMRATOR'S L C/L TYPE NEW Q YEAR ##CYL MAKE USED CASH PRICE(LINE 1 OF CONTRACT)............... ......c MODEL# DESCRIPTION MILEAGE LESS'NET TRADE.....................5 CASH...........................A VIN SALESPERSON REBATES(DESCRIBE' S OT HER.(DESCRIBE), I—W/O AIR CONDITIONING❑ 2-,SUNROOF 0 3—STERE0❑ f 4-CRUISE❑ 5-POWER WINDOWS p 6-POWER SEATS❑ TOTAL DOWNPATMENT .. .............................S 7•°FOUR WHEEL DRIVE r B-MANUAL TRANS.C 9-ALUM./WIRE WHEELS❑ UNPAID BALANCE....................................S OTHER(DESCR ISE) PLUS INSURANCE CHARGES ............................f OTHER CHARGES .................................... f TRADE-IN YEAR MAKE DESCRIPTION TOTAL AMOUNT FINANCED.................... ........S (MSRP$ ) TECH OAFS DEALER DEALER NO. SPECIAL PROGRAM(E.G.FIRST TIME BUYER,COLLEGE GRAD.,ETC.) . Mo i! PP— MST MIDDLE LAST Sr SOC_SEC NO./TIN DATE OF BIRTH HOME PHONE NO. Kenneth Kittoe, Mayor, United Cityl�. Mo. DAY YR. PRESENT NUMBER AND STREET CITY COUNTY STATE YIP CODE LIVED THERE ADDRESS of the Village of Yorkville YEARS MONTHS RENT BY MO. C) LANDLORD OR MORTGAGE HOLDER NAME LEASE ❑ OWN-. :7 MO.PYMT.OR RENT S PREVIOUS NUMBER AND STREET CITY COUNTY STATE ZIP CODE LIVED THERE HOME ADDRESS YEARS I MONTHS h EMPLOYED BY NAME BUSINESS ADDRESS,NUMBER AND STREET CITY STATE NOW LONG RUB.PHONE Nq. OTHERS Q TEARS I MQNT}IS u C TRADE OR OCCUPAT1oN Y OR WAGES NAME OF PREVIOUS EMPLOYER ADD NO.YRS. 6 s 4c ZATia�.enY cblld.sapport,or seParafe mvintonoeme incenle need reef be rereaied If Yew de neswisis is lwve.it Considered as o basis for repaying fbk obRgaflo O TYPE OF OTHER INCOME SOURCE MONTHLY ►' AMOUNT S IK ACCOUNT NAME OF BANK BRANCH NAME AND CiTY CHECKING r] CHECKING ACCOUNT NO. SAVINGS D Z NO C LAST CAR NAME OF CREDITOR ACCOUNT 13 FINANCED BALANCE DUE TRADING iN OR DATE PAID THIS CAR? L]YES r)NO p CROU OR RaTA6- WCUMA"001. V*IM"RANG=CC WAFd t.1ANRS.'CPffWC+Mr.tnAnft ACCO"IV... . •70LIrC!NA/1ff1a ac arvuuxr IN ltlrrral GRFOn CAw VOW lO.M Onn9--AsOVL NAME Of CREDITOR ADDRESS ACCOUNT NO. r . Automobile insyrpweee�eiss rMiredbTya the full t"a the Colman.at Tar expense.against the hwaMs of fire.theft and awdental otlysical Carnage,(mt riling calisiont.Tta;s.lnsuranC9 mud protect the Interests of y YOOU MAT t The THE P�SON�i�ance comoarry wr�l descrea the terms aided 0011(itions.lr the unpaid balarrc6 of CM pace as disclosed n tfte Cdntract is less than 52.000.um emragm are not nmuirs THROUGH WHOM ANY HtSORANCE 18 WAIVED. Bayou desire that the seller apply Tor the required insurance cMerages described above? Yes C3 No U if your allexer is yes,the seller will apply to O Motors insurance Corporate ❑CM irisulwce Corporation❑ONeT Tor"l Whvd Physical Damage Inaurarra(;overages AT A TOTAL PREMM COST OF S K you do not desire the seller to apply for the required physical damage 1=01110e 0mrageS,please complete Form 288.Agreementtd Provide Physical Damage Insurance. 00 YOU DESIRE COWMENT,AUMMATIC DECOCTIONS FROM YOUR CHECKING ACCOUNT FOR lttIA10NG PAYMENTS THROUGH GMAC S ELECTROCHEK SYSTEM?TES L, sex iF YOUR ANSWER IS YES,PLEASE COMPLETE THE AUTHORIZAM AGpEE MEW PROVf0E0 BY THE SELLER. FAIR CREDIT fItPOR W ACT DISCLOSURE This application W au ft sale frill be samitted to WAC at iN pttrcluse or corlsidagir as to rtbether Kim purchase requN"airi ts. 1 ale fy that the choirs Inform dm is Colpplete and ate. 1-BOtllorize as imrestivan Of'my croft sad MWQYMent.history and the reWasill of hft.ration about My CM[ awrfeuCE with GMAO, Q INDIVIDUAL (CHECK WHICH APPLIES) DMONTHLY A REDYM APPUCANT SIGNS United nn�Cppittt o i he'Vilna oe o ❑ PARTNERSHIP X Municipality BY COSTWiER JOINT APPLICANT OR(THER ARTY$1 y. ❑ CORPORATION DATE igh a special arrangement with GMAC,you have an option to apply now for The 6 Card,auasterlrd credit Card iSStted by Household Bank,f.s.t = By completing this Custcmer'.s Statement,checking the"Yes"box and Signing below, f/we understand that if my/Our vehicle transaction is approve o by GMAC,then t am/we are applying for a GM MasterCard credit card issued by Household Bank,f.s.b.("Household'). i/we have read the ImDorta- rA information about The GM Card on the reverse Side. Upon approval of GMAC financing,I/we request.GMAC to forward to Household information c u. this.Gustomec's Statement.which may checked through any source,including.third.parties and creditre*ortirtg agencies.Household may provic d It my/our credit and account information to others,including General Motors. If approved for The GM Cord,then by signing,using or permitting anoth, al to use The GM MasterCard Credit card or cashing a credit card check, t/we agree to be bound by the terms and Conditions of Household Bank Cardtnember Agreement and Disclosure Statement,including any amendments.Wisconsin Residents:Are you married? ❑Yes Check Otte: r't YES,t wish to apply for a GM Card,if my/our IN NO.1 do not wish to apply ❑ 1 already have a GM Card vehicle transaction is approved by GMAC APPLICANT FOR GM CARD SIGNS _ DATE CO-APPLICANT FOR GM CARD SIGNS DATE Gi1AC t301,�o;a�' (Please See Reverse) ** TOTAL PAGE . 003 **