R-57-06 06/26/2006RESOLUTION
RESOLUTION AUTHORIZING EXECUTION OF A LEASE PURCHASE
AGREEMENT WITH PATTEN CAT INDUSTRIES
THE PURCHASE OF CATERPILLAR MINI EXCAVATOR
WHEREAS, the Village of Lemont seeks to purchase one (1) Caterpillar 304 C CR Mini
Excavator through a tax - exempt, three year lease purchase; and
WHEREAS, the sales purchase proposal attached hereto as Exhibit A most closely meets
the requirements of the Village of Lemont.
NOW, THEREFORE, BE IT RESOLVED that the Village Administrator is hereby
authorized to execute the lease purchase agreement with Patten Cat Industries attached hereto as
Exhibit B.
This resolution shall be in full force and effect from and after its passage, approval and
publication in the manner provided by law.
PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL AND DU PAGE, ILLINOIS
ON THIS 26th day of June , 2006.
Debby Blatzer
Peter Coules
Clifford Miklos
Brian Reaves
Ronald Stapleton
Jeanette Virgilio
CHARLENE SMOLL N, Village Clerk
AYES NAYS PASSED ABSENT
V
v
V
JOHN F. IAZZA, Ma or
Patten
CAT
SALES PURCHASE PROPOSAL
ELMHURST
635 W. lake S[
, travois 60126
1-800F T.CAT
FAX (630) 2790121
COMPANY NAME:
ADDRESS:
ATTN:
JOLIET
18822 W. Lay"ay Rd
Jore4, linos 60433
1600- 4189507
FAX (815) 723-0242
ROCKFORD
5055 S. Main SR
Red60d. Mugs 61102
1- 8008082092
FAX (815)96541458
VILLAGE OF LEMONT
14574 127TH LEMONT 60439
Randy
GRAYSLAKE
205 S. Role 83
Ciarirb, inoss 60030
1- 8088082891
FAX (847)540 -1166
HAMMOND
6400 Inermols M.
Hammond. Indiana 46320
1680609-2993
FAX (219)6320359
DATE: 5252006
OGLESBY ELBURN
590 Mayer 9. 1001 S. Main St.
Oglesby. 6530(561348 Mum, Moats 60118
1- 877 - 8802245 (630)3652360
FAX (815)883.6043 FAX (830) 3652334
ONE - CATERPILLAR 304 C CR (COMPACT RADIUS) MINI EXCAVATOR WITH STANDARD EQUIPMENT LISTED BELOW:
CONTROLS
- Pilot Operated Controls
Pattem Changer
- Travel Control Levers
cr Errnxa
- 12 Volt Electrical System
- Crcult Breaker
- Fuse Box
- Ignition Key Start / Stop Switch
- 55 Ampere Alternator
GAUrsES
Fuel Level
- Hour Meter
Hydraulic 011 Sight Gauges
Radiator Coolant Sight Gauges
OPERATOR WAThWO 3 SYSTEM
- Hydraulic Control Lock Levers
Lift Up Arm Console
- Glow Plug Activation
- Hydraulic Oil Temperture
- Park Brake Engaged
® NEW USED MENTAL FLEET
MODEL: 304C CR
POWERTRAIN
MHI S4Q2 Diesel Engine
- 41.6 Net Horsepower
- Glow Plugs Starting Aid
S-O-S Sampling Valves
- Two Speed Travel
• Automatic Swing Parking Brake
AlagBGABERfig
Track Type Undercarriage
6'6" Blade Wfth Cutting Edge
STANDARD EQUF RENT
- Engine Enclosure - Lockable
- Front Auxiliary Hydraulics
Caterpillar XT Hose
-- 2" Seal Belt
Electrical Outlet, Beacon
- Headliner
- Arlo Float
- Horn
- Back Up Alarm
- Front Cab Mounted Light
SERIAL NO.
X
CAB PACKAGES
Heater & Defroster
- Air Condition
Siickng Door
Right Sliding Window
Heavy Duty Battery, 650 CCA
Suspension Seat
OP - TING CAPACITY
-10847 lb w/ Cab
ATTACHMENTS INSTALLED
- Counter Weight
- Stick, Long, Dig Depth 121"
CATERPILLAR WORK TOOLS
- Digging Buckets (12" -36")
High Capacity Buckets (12 " -281
Ditch Cleaning Buckets (40" -63")
48" Tilting Ditch Cleaning Buckets
Auger & Auger Bits
- Quick Coupler
- Thumb Buckets
- Hydraulic Hammers
- Shears
- Crushers
DATE:
ID NO.
5/31/2006
PRODUCT DESCRIPTION: 304C CR WITH EQUIPMENT LISTED ABOVE
ATTACHMENTS: 24" DIGGING BUCKET
Purchase Price $48,850
Doc Fee $
Sales Tax % $
Balance Due $
Cash Wltt3 Order $
Total Balance Payable $
FINANCE TERMS: 36 Month Lease at $1.433.06 a month with a one dollar buy out at the end of the term.
WARRANTY: 12 MONTH / 1600 FULL COMPACT CONSTRUCTION EQUIPMENT
TRADE INFORMATION: MAKE:
MODEL:
SERIAL NO.
ACCEPTANCE
PURCHASER:
Respectfully Subndtted
Patten Industries Sales Representative
Sales Manager
Sea Reverse Side for Addtlonal Terns and Conditions, Above Prins am Flan for 30 Days.
PPLJ CA T ON FOR IN'AN
�r
T
:FAX T_;-,)
D4TF
GENERAL INFORMATION: Please print or type
Applicant Name
Physical Address
Trade Name (if different)
Exist ng Custom
City
State
Zip County
Billing Address
City State Zip County
Business # ( ) - Mobile/Pager # ( ) Fax # ( )
Contact Name Title E -mail
Description of Business Business Start Date Time as Current Owner
Type of Business: D Sole Proprietorship U Corporation U General Partnership ❑ L.L.C. U Other
Has the business or any principal ever declared bankruptcy? ❑ Yes U No Are there any outstanding liens or judgments? U Yes
If yes, dale filed # of Employees
Federal ID Number
Sales Tax Exempt? D Yes t__! No If yes, please attach copy of exemption cen fca :e
Bonding Company Contact Name Phone
Insurance Company
1\
Contact Name Phone #
Caterpillar Insurance offers physical damage coverage Please ask your Caterpillar dealer or contact us at 1 -800 -248 -4228.
FINANCIAL LNFORMATION: Additional financial information may be requested and is required for exposure over S250,000
BANK/FINANCE CO. REFERENCE:
Acct # Contact/Phone #
(1)
(2)
Checking: Savings:
(Please provide cu-root balances)
L$
U $
D$
Loan:
_I$
❑$
TRADE REFERENCES: Contact Address (include city, state &zip)
Telephone # Account #
(1)
(2)
PERSONAL INFORMATION ON OWNER /PRINCIPALS /GUARANTORS: attach additional sheets, i/necessary
Name / Title Birthdate S #
Home Address & Phone No. % Ownership
Net Worth $ Annual Income $ Monthly Housing Payment $
Name / Title Birthdate SS #
Home Address & Phone No. % Ownership
Net Worth $ Annual Income $
Monthly Housing Payment $
SIGNATURE OF OWNER/PRINCIPAL OR AUTHORIZED OFFICER/PARTNER
NOTICE: Applicant and each other person signing above warrants that the information provided herein or in connection with this application is true and correct and authorizes the release
suds information to Cat Financial, Caterpillar dealers and /or any party which may provide credit to applicant, whether herein or pursuant to a subsequent application or request, to obtain ■
banks, credit bureaus and other creditors, all of which are hereby authorized to release, any credit/financial information conceiving applicant or such other person (including personal credit
bureaus) as such party may deem appropriate, and to share all such information with the other. -
BY: TITLE: DATE:
By TITLE: DATE:
NOTICE'. If your application for business credit is denied, you have the right to a written statement of the speck masons for the denial. To obtain the statement, please contact the Corporate Credit
Manager, 3322 West End Avenue, Nashville, TN 37203 within 60 days from the date you arc notified of our decision. We will send you a written statement of the reasons for the denial within 30 days
receiving your request. The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status
(provided the applicant has the capacity to enter into a binding contract); because all or pan of the applicant's income derives from any public assistance program -, or because the applicant has in good (s
exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this Lender is the FTC Regional ice for the region in nisi iich
Larder operates or the Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580.
Visit us at w-ivcv.CAT.conillinancial
Dealer Name
Sell Price:
Term
Interest Rate: %
6
Net Down Pmt < >
12
Retail Finance Plan Number:
]
Model Number
Taxes:
24
Other Financing Info (skip payments, etc.)
Fees /Other:
t
36
CISerial
Net to Finance
48
Number
60
NOTICE'. If your application for business credit is denied, you have the right to a written statement of the speck masons for the denial. To obtain the statement, please contact the Corporate Credit
Manager, 3322 West End Avenue, Nashville, TN 37203 within 60 days from the date you arc notified of our decision. We will send you a written statement of the reasons for the denial within 30 days
receiving your request. The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status
(provided the applicant has the capacity to enter into a binding contract); because all or pan of the applicant's income derives from any public assistance program -, or because the applicant has in good (s
exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this Lender is the FTC Regional ice for the region in nisi iich
Larder operates or the Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580.
Visit us at w-ivcv.CAT.conillinancial