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HomeMy WebLinkAbout8017 DocuSign Envelope ID:31070A64-35CB-41 DA-B133-5D0D0B6D6295 DocuSign Envelope ID:FEC634A2-F5C9-4794-8C9A-C129DA737F63 EXHIBIT A EQUIPMENT SCHEDULE#215899 Dated May 2,2023 DS 1. This Schedule covers the following property("Equipment") ,� 6/13/2024 1-YU2EX1XSP2/3-YU2AY1XBEV2/4-DR2AWX4 + 140 DR2A Fleet Cars Intiti DS 2. Location of Equipment: �K) GOLD MOUNTAIN Revised to 8/28/23 Start Initial 6/13/2024 7263 W.BELFAIR VALLEY ROAD BREMERTON,WA 98310 pmts below to adjust accordingly 3. The Lease term for the Equipment described herein shall commence on Juy 28.2023 and shall consist of:48 months from the first day of the month following said date. August 28, 2023 4. Rental payments(plus applicable taxes)on the Equipment shall be due according to the Schedule of Payments below: STARTING JULY 2023 AND ENDING JFE 2027. DUE THE 28TH DAY OF THE MONTH AS FOLLOWS: July Jul-23 $14,416.68 Jan-24 $14,416.68 Jan-25 $14,416.68 Jan-26 $14,416.68 Jan-27 $14,416.68 Aug-23 $14,416.68 Feb-24 $14,416.68 Feb-25 $14,416.68 Feb-26 $14,416.68 Feb-27 $14,416.68 Sep-23 $14,416.68 Mar-24 $14,416.68 Mar-25 $14,416.68 Mar-26 $14,416.68 Mar-27 S14,416.68 Oct-23 $14,416.68 Apr-24 $14,416.68 Apr-25 $14,416.68 Apr-26 $14,416.68 Apr-27 $14,416.68 Nov-23 $14,416.68 May-24 $14,416.68 May-25 $14,416.68 May-26 $14,416.68 May-27 $14,416.68 Dec-23 $14,416.68 Jun-24 $14,416.68 Jun-25 S14,416.68 Jun-26 $14,416.68 Jun-27 $14,416.68 Jul-24 $14,416.68 Jul-25 $14,416.68 Jul-26 $14,416.68 27 l - Aug-24 $14,416.68 Aug-25 $14,416.68 Aug-26 $14,416.68 JU y $$14,416.68 Sep-24 $14,416.68 Sep-25 $14,416.68 Sep-26 $14,416.68 Oct-24 $14,416.68 Oct-25 $14,416.68 Oct-26 $14,416.68 Nov-24 $14,416.68 Nov-25 $14,416.68 Nov-26 $14,416.68 Dec-24 $14,416.68 Dec-25 $14,416.68 Dec-26 $14,416.68 Customer will remain on ACH. 5. Interest Factor: 5.52 6. Other Terms: Lessee agrees to reimburse Lessor,who shall pay any assessed property taxes due on the equipment leased pursuant to Section 12 of the Master Lease Agreementdated June 18.2019 between the parties(the"Lease"). Yamaha Motor Corporation,U.S.A.,Lessor and their respective subsidiaries are not obligated to perform or provide any maintenance or service,under any circumstances,under the terms of the Lease.Maintenance and service are the responsibility of the Lessee.Failure by Lessee to maintain or service the equipment consistent with the terms of the Lease shall not relieve Lessee of the responsibilities under the Lease. Signed Counterparts: The parties agree that this Exhibit A to the Lease may be signed in counterparts,that delivery of an executed counterpart of the signature page to this Exhibit A to the Lease by fax,email or other electronic means shall be as effective as delivery of a manually executed counterpart, and any failure to deliver the original manually executed counterpart sent by fax,email or other electronic means shall not affect the validity,enforceability or binding effect of this Exhibit A to the Lease.Notwithstanding any other provision of the Lease,the sole original of this Exhibit A to the lease and the Lease shall be the ones bearing the manually executed signature of the Lessor.The Lessee,by making any payment required under this Lease,ratifies all of the terms of this Exhibit A to the Lease and the Lease. Master Lease:This Exhibit A to the Lease,Equipment Schedule,are issued pursuant to the Lease.Capitalized terms used herein and not otherwise defined shall have the meanings given them in the Lease. All terms and conditions,representations and warranties of the Lease are hereby ratified and incorporated herein and made a part hereof as if they were expressly set forth in this Exhibit A,Equipment Schedule and this Exhibit A,Equipment Schedule,constitutes a separate lease with respect to the Equipment described herein. LESSEE: CITY OF BREMERTON LESSOR:YAMAHA MOTOR FINANCE C RPORATION,U.S.A. r—DoeuSigned by: lJs 14,etQen, By. By. ',----13AMae5'vSSI5E E7a/ts... - Signature Greg wheeler Name: Name: Craig Hewitt Type or Print Title: ,—�DOCuSig e by: Title: President I/Uldk t real 8 a. 6/13/2024 Approvecaas 8o rorrmii 62... City of Attorney,City of Bremerton From: Melinda Monroe To: Christopher Ong Cc: Rhonda Sande Subject: FW: Reminder: Complete with DocuSign: Cust.Docs._City of Bremerton dba Gold Mountain Golf Club.pdf Date: Wednesday,June 14,2023 3:50:46 PM Attachments: Cust.Docs sianed.pdf imaae001.Dnu Chris, Can you please cancel this below request sent to the Mayor by Yamaha. He cannot sign outside signature requests and has signed all documents attached. The City is simply waiting for a fully executed copy—and the Mayor is a bit concerned by these additional requests so if they could be cancelled that would be appreciated. Thank you! Melinda Monroe, MBA Contracts Administrator OFFICE (360) 473-5306 Melinda.monroe@ci.bremerton.wa.us NOTE: Please be advised the City of Bremerton is required to comply with the Public Records Act Chapter 42.56 RCW.This act establishes a strong state mandate in favor of disclosure of public records.As such, the information you submit to the City, including personal information, may ultimately be subject to disclosure as a public record. From: Greg Wheeler<Greg.Wheeler@ci.bremerton.wa.us> Sent:Wednesday,June 14, 2023 7:50 AM To: Melinda Monroe<Melinda.Monroe@ci.bremerton.wa.us> Cc: Mike Riley<Mike.Riley@ci.bremerton.wa.us>;Jeff Elevado<Jeff.Elevado@ci.bremerton.wa.us>; Jennifer Hayes<Jennifer.Hayes@ci.bremerton.wa.us> Subject: FW: Reminder: Complete with DocuSign: Cust.Docs._City of Bremerton dba Gold Mountain Golf Club.pdf Good morning all, Please refresh my memory on where we're at with this contract. It is requesting insurance information to be filled in. From: DocuSign NA4 System<dse_NA4Odocusign.net> Sent:Wednesday,June 14, 2023 1:42 AM To: Greg Wheeler<Greg.WheelerOci.bremerton.wa.us> Subject: Reminder: Complete with DocuSign: Cust.Docs._City of Bremerton dba Gold Mountain Golf Club.pdf CAUTION: This email originated from outside of the organization.Do not click links or open attachments unless you recognize the sender and know the content is safe. Chris Ong sent you a document to review and sign. REVIEW DOCUMENT Chris Ong christophe r_ongCa7@yamaha-motor.com Customer Documents for City of Bremerton dba Gold Mountain Golf Club. Powered by Do Not Share This Email This email contains a secure link to DocuSign. Please do not share this email, link, or access code with others. Alternate Signing Method Visit DocuSign.com, click'Access Documents', and enter the security code: E6250444A8234221BA5722D75FCCAA717 About DocuSign Sign documents electronically in just minutes. It's safe, secure, and legally binding. 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DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 AGENDA BILL CITY OF BREMERTON 4 H CITY COUNCIL SUBJECT: Study Session Date: May 10, 2023 Golf Cart Lease Agreement with Yamaha COUNCIL MEETING Date: May 17, 2023 Motor Corporation, U.S.A. for Gold Department: Parks & Recreation Mountain Golf Club Presenter: Jeff Elevado Phone: (360) 473-5428 SUMMARY: The current lease agreement for the Gold Mountain Golf Course fleet of golf, beverage and utility carts expires on June 18, 2023. The Golf Management team from Columbia Hospitality has solicited and received proposals from three golf cart vendors. Staff recommendation is to enter into a 48-month lease with Yamaha Motor Corporation, U.S.A. for 2023 model year vehicles as follows: • 140 two-passenger fleet carts • 4 four-passenger marshal carts • 3 beverage carts • 1 utility cart Lease Amounts: $14,417 monthly; $173,003 annually and $692,011 through the 48 months. The cost of the 4-year lease is recouped through cart rental revenue. Gross cart rental revenue in 2022 was $697,044. The new fleet of carts will provide additional revenue potential through increased cart rentals and green fees while reducing fuel and maintenance costs. ATTACHMENTS: 1) Golf Cart Lease Proposal Summary Worksheet; 2) Northwest Yamaha Golf Cars Proposal; 3) Yamaha Municipal Master Lease Agreement (5/2019); 4) Lease Amendment-Equipment Schedule (5/2023) FISCAL IMPACTS (Include Budgeted Amount): Cart lease expenses are budgeted in the Golf Operation and Maintenance fund. STUDY SESSION AGENDA: x❑ Limited Presentation ❑ Full Presentation STUDY SESSION ACTION: x❑ Consent Agenda ❑ General Business ❑ Public Hearing RECOMMENDED MOTION: Move to approve the Lease Agreement between Yamaha Motor Corporation, U.S.A. and the City for golf carts; and authorize the Mayor to finalize and execute the agreement with substantially the same terms and conditions as presented. COUNCIL ACTION: XApprove ❑ Deny ❑ Table ❑ Continue ❑ No Action Form Updated 11/09/2021 DocuSign Envelope ID: 5A985CB3-514E-42A4-AE3A-6877DF680044 $YAMAHA FINANCIAL SERVICES Yamaha Motor Finance Corporation, U.S.A. 6555 Katella Avenue Cypress, CA 90630 Phone: (800)551-2994 Fax(714)761-7363 May 2, 2023 P IOT BO}X mMERTON BREMERTON, WA 98312 Dear Yamaha Customer: Enclosed you will find the documentation for your lease of 1-YU2EX1XSP2/3- YU2AY1XBEV2/4-DR2AWX4P/140-DR2AYIXFI. The documents enclosed in the package include the following: Equipment Schedule#215899 Request for Insurance Certificate of Acceptance Invoice For First Payment ACH Form Required_Optional X OTHER Please have these documents signed by an Authorized Officer and return them to me via fax or email. Our fax number is 714-761-7363. The insurance form should be forwarded to your insurance company and a copy returned to us with the other documentation. If the city requires the use of Purchase Orders, please provide one with your documents. However, if they are not required please include a signed statement on official city letterhead stating that a purchase order will not be required for this transaction. We appreciate your continued business and thank you for choosing us to service your leasing needs. If you should have any questions, please give us a call at 800-551-2994. Sincerely, Christopher Ong Yamaha Motor Finance Corporation DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 EXHIBIT A EQUIPMENT SCHEDULE# 215899 Dated May 2,2023 1. This Schedule covers the following property("Equipment") 1-YU2EX1XSP2/3-YU2AY1XBEV2/4-DR2AWX4 P/140-DR2AY 1XFI 2. Location of Equipment: GOLD MOUNTAIN 7263 W.BELFAIR VALLEY ROAD BREMERTON,WA 98310 3. The Lease term for the Equipment described herein shall commence on July 28,2023 and shall consist of: 48 months from the first day of the month following said date. 4. Rental payments(plus applicable taxes)on the Equipment shall be due according to the Schedule of Payments below: STARTING JULY 2023 AND ENDING JUNE 2027. DUE THE 28TH DAY OF THE MONTH AS FOLLOWS: Jul-23 $14,416.68 Jan-24 $14,416.68 Jan-25 $14,416.68 Jan-26 $14,416.68 Jan-27 $14,416.68 Aug-23 $14,416.68 Feb-24 $14,416.68 Feb-25 $14,416.68 Feb-26 $14,416.68 Feb-27 $14,416.68 Sep-23 $14,416.68 Mar-24 $14,416.68 Mar-25 $14,416.68 Mar-26 $14,416.68 Mar-27 $14,416.68 Oct-23 $14,416.68 Apr-24 $14,416.68 Apr-25 $14,416.68 Apr-26 $14,416.68 Apr-27 $14,416.68 Nov-23 $14,416.68 May-24 $14,416.68 May-25 $14,416.68 May-26 $14,416.68 May-27 $14,416.68 Dec-23 $14,416.68 Jun-24 $14,416.68 Jun-25 $14,416.68 Jun-26 $14,416.68 Jun-27 $14,416.68 Jul-24 $14,416.68 Jul-25 $14,416.68 Jul-26 $14,416.68 Aug-24 $14,416.68 Aug-25 $14,416.68 Aug-26 $14,416.68 Sep-24 $14,416.68 Sep-25 $14,416.68 Sep-26 $14,416.68 Oct-24 $14,416.68 Oct-25 $14,416.68 Oct-26 $14,416.68 Nov-24 $14,416.68 Nov-25 $14,416.68 Nov-26 $14,416.68 Dec-24 $14,416.68 Dec-25 $14,416.68 Dec-26 $14,416.68 5. interest Factor: 5.52 Continue on ACH. 6. Other Terms: Lessee agrees to reimburse Lessor,who shall pay any assessed property taxes due on the equipment leased pursuant to Section 12 of the Master Lease Agreementdated June 18.2019 between the parties(the"Lease"). Yamaha Motor Corporation,U.S.A.,Lessor and their respective subsidiaries are not obligated to perform or provide any maintenance or service,under any circumstances,under the terms of the Lease.Maintenance and service are the responsibility of the Lessee. Failure by Lessee to maintain or service the equipment consistent with the terms of the Lease shall not relieve Lessee of the responsibilities under the Lease. Signed Counterparts: The parties agree that this Exhibit A to the Lease may be signed in counterparts,that delivery of an executed counterpart of the signature page to this Exhibit A to the Lease by fax,email or other electronic means shall be as effective as delivery of a manually executed counterpart, and any failure to deliver the original manually executed counterpart sent by fax,email or other electronic means shall not affect the validity,enforceability or binding effect of this Exhibit A to the Lease.Notwithstanding any other provision of the Lease,the sole original of this Exhibit A to the lease and the Lease shall be the ones bearing the manually executed signature of the Lessor. The Lessee,by making any payment required under this Lease,ratifies all of the terms of this Exhibit A to the Lease and the Lease. Master Lease:This Exhibit A to the Lease,Equipment Schedule,are issued pursuant to the Lease.Capitalized terms used herein and not otherwise defined shall have the meanings given them in the Lease. All terms and conditions,representations and warranties of the Lease are hereby ratified and incorporated herein and made a part hereof as if they were expressly set forth in this Exhibit A,Equipment Schedule and this Exhibit A,Equipment Schedule,constitutes a separate lease with respect to the Equipment described herein. LESSEE: CITY OF BREMERTON LESSOR:YAMAHA MOTOR FINANCE CORPORATION,U.S.A. UuuocuSigned by: J LQRA. By: By: n,va a�o�� �o... Signature Greg Wheeler Name: Name: Craig Hewitt Type or Print May Title: or Title: President Docu Sign Envelope ID:5A985CB3-514E-42A4-AE3A 6877DF680044 A M A H A FINANCIAL SERVICES Yamaha Motor Finance Corporation,U.S.A. 6555 Katella Avenue Cypress,CA 90630 (800)551-2994, Fax (714) 761-7363 E-MAIL:YMFUS_CFinsurance@yamaha-motor.com NAME OF INSURANCE AGENT: May 2,2023 Washington Cities Insurance Authority ADDRESS: PO Box 88030, Tukwila, WA 98138 Please Reference our Quote#: 215899 PHONE: 206-575-6046 FAX/EMAIL: RE: GOLD MOUNTAIN (Customer)Account#: The Customer has leased or will be leasing equipment from Yamaha The Customer is required to provide Yamaha with the following insurance coverage: "All Risk" Property Insurance covering the property owned by or in which Yamaha has a security interest, in an amount not less than the full replacement cost of the property, with Yamaha Motor Finance Corp., U.S.A., it's successors and assigns named as LOSS PAYEE. Public Liability Insurance naming Yamaha Motor Finance Corp., U.S.A., its successors and assigns as an ADDITIONAL INSURED with the proceeds to be payable first on the behalf of Yamaha to the extent of its liability, if any. The amount of the Public Liability Insurance shall not be less than $1000,000.00 combined single limit. Each policy shall provide that: (i) Yamaha will be given not less than thirty (30) days prior written notice of cancellation or non-renewal, (ii) it is primary insurance and any other insurance covering Yamaha shall be secondary or excess of the policy and (iii) in no event shall the policy be invalidated as against Yamaha or its assigns for any violation of any term of the policy or the Customer's application therefore. A Certificate evidencing such coverage should be mailed to Yamaha at the following address: YAMAHA MOTOR FINANCE CORPORATION, U.S.A. Attn: Commercial Finance Group 6555 Katella Ave, Cypress, CA 90630 Your prompt attention will be appreciated. Very Truly Yours, Equipment Covered: CITY OF BREMERTON 1-YU2EXIXSP2/3-YU2AYIXBEV2/4-DR2AWX4P (Customer) 140-DR2AY1 XFI ,^DocuSigned by: Equipment Location: By: '-BAF46095E8E747B... 7263 W. BELFAIR VALLEY ROAD (Signature of Authorized Officer) BREMERTON WA,98310 Title Mayor DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 CERTIFICATE OF ACCEPTANCE This certificate is executed pursuant to Equipment Schedule No 215899 dated May 2, 2023 to the Master Lease Agreement dated June 18,2019 between Yamaha Motor Finance Corporation, U.S.A. (the "Lessor") and CITY OF BREMERTON (the"Lessee"). The Lessee hereby certifies that the Equipment set forth below, as also described in the above Equipment Schedule, has been delivered and accepted by the Lessee on the Commencement Date shown below. QTY/EQUIPMENT SERIAL NEW/USED LOCATION TYPE/MODEL NUMBER 1- See New GOLD MOUNTAIN YU2EX1XSP2/3- Attachment 7263 W. BELFAIR VALLEY ROAD YU2AY1XBEV2/4- BREMERTON, WA 98310 DR2AWX4P/140- DR2AY1 XFI ADDITIONAL CONDITIONS/SPECIAL TERMS: Please return this certificate as your acknowledgment of the above Commencement Date and acceptability of the Equipment. CITY OF BREMERTON f—DocuSlgned uy. as Lessee 14ezileA, By: G'2 FU e218 .4fB.. Name: Mayor Title: DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 ►YAMAHA PLEASE SEND YOUR PAYMENTS TO: YAMAHA MOTOR FINANCE CORP., U.S.A. 3362 Momentum Place FINANCIAL SERVICES Chicago, IL 60689-5333 INVOICE NUMBER: MAN 215899 Date Prepared: 05/02/2023 CITY OF BREMERTON PO BOX 4130 BREMERTON,WA 98312 Continue on ACH. Due Date Quote No Description Amount Due 215899 1-YU2EX1XSP2/3-YU2AY1XBEV2/4-DR2AWX4P/140-DR2AY1 XFI Located at:GOLD MOUNTAIN 07/2812023 Payment $14,416.68 Payment Tax $0.00 YOUR ACCOUNT BALANCE IS -- -- $14,416.68 Please return the bottom portion with your remittance. Include the lease number on your check. FOR BILLING QUESTIONS, CALL YAMAHA Commercial Finance at 800-551-2994. YAMAHA PLEASE SEND YOUR PAYMENTS TO: YAMAHA MOTOR FINANCE CORP., U.S.A. 3362 Momentum Place FINANCIAL SERVICES Chicago, IL 60689-5333 INVOICE NUMBER: MAN 215899 Date Prepared: 05102/2023 Payment for: CITY OF BREMERTON PO BOX 4130 BREMERTON,WA 98312 215899 $ It Amount Paid Date Paid Check Number DocuSign Envelope ID 5A985CB3 514E-42A4-AE3A-6877DF680044 T"N SCHEDULE FOR MUNICIPALITY NljF I fl Hi Fa NT rt MUNICIPAL LEASE AGREEMENT LESSEE : GOLD MOUNTAIN �-os ElNANCIAL SERVICES EQUIPMENT SCHEDULE #215899 i' lk) GOLD MOUNTAIN Initialed By Yield:5.520% Mon# Due Date Payment Interest 1 07/28/2023 14,416.68 4,589.31 2 08/28/2023 14,416.68 4,545.45 3 09/28/2023 14,416.68 4,501.39 4 10/28/2023 14,416.68 4,457.14 5 11/28/2023 14,416.68 4,412.69 6 12/28/2023 14,416.68 4,368.04 7 01/28/2024 14,416.68 4,323.20 8 02/28/2024 14,416.68 4,278.15 9 03/28/2024 14,416.68 4,232.90 10 04/28/2024 14,416.68 4,187.45 11 05/28/2024 14,416.68 4,141.80 12 06/28/2024 14,416.68 4,095.94 13 07/28/2024 14,416.68 4,049.88 14 08/28/2024 14,416.68 4,003.61 15 09/28/2024 14,416.68 3,957.14 16 10/28/2024 14,416.68 3,910.46 17 11/28/2024 14,416.68 3,863.57 18 12/28/2024 14,416.68 3,816.47 19 01/28/2025 14,416.68 3,769.16 20 02/28/2025 14,416.68 3,721.64 21 03/28/2025 14,416.68 3,673.91 22 04/28/2025 14,416.68 3,625.97 23 05/28/2025 14,416.68 3,577.81 24 06/28/2025 14,416.68 3,529.43 25 07/28/2025 14,416.68 3,480.84 26 08/28/2025 14,416.68 3,432.04 27 09/28/2025 14,416.68 3,383.01 28 10/28/2025 14,416.68 3,333.77 29 11/28/2025 14,416.68 3,284.31 30 12/28/2025 14,416.68 3,234.62 31 01/28/2026 14,416.68 3,184.72 32 02/28/2026 14,416.68 3,134.59 33 03/28/2026 14,416.68 3,084.24 34 04/28/2026 14,416.68 3,033.66 35 05/28/2026 14,416.68 2,982.86 36 06/28/2026 14,416.68 2,931.83 37 07/28/2026 14,416.68 2,880.57 38 08/28/2026 14,416.68 2,829.09 39 09/28/2026 14,416.68 2,777.37 40 10/28/2026 14,416.68 2,725.43 41 11/28/2026 14,416.68 2,673.25 42 12/28/2026 14,416.68 2,620.84 43 01/28/2027 14,416.68 2,568.19 44 02/28/2027 14,416.68 2,515.31 45 03/28/2027 14,416.68 2,462.20 46 04/28/2027 14,416.68 2,408.84 47 05/28/2027 14,416.68 2,355.25 48 06/28/2027 14,416.68 2,301.42 Totals: 692,000.64 167,250.77 Yamaha Financial Services Page 1 of 1 D o cu Si gn Envelope ID:5A935 C B3-514E-42A4 AE3A-6877 D F680344 UNIFORM SAT FS&USE TAX EXEMPTION/RESALE CERTIFICATE—MULTUURISDICI'ION The below-lifted states hue indicated that this cad&xe isxceptable as a resaleterauon certificate for sales and use tax,subject to the notes on pages 2-1 The issuer and the recipient have the rspaavbl tyto determine the proper use of this certificate under applicable laws in each state as these may chage from time to time. Issued to Seller: YAMAHA MOTOR FINANCE CORPORATION U S A Address: e1555 KATELLA AVE.CYPRESS.CA 00630 I terrify that: City of Bremerton is engaged as a registered Name of Firm(Buyer): ❑Wholesales Addnss:315 6th Street, STE 100 El Retailer Beene! ten, WA 98337 ❑Seller(California) 0 Lessor(see notes on pages 2-4) ❑Other(Specify) and is registered with the below-:isted stares and cities within which year firm would deliver purchases to us and that any such purchases are for wholesale.resale,a ingredients or components of a tam product a service'to be resold leased a ratted in the namalcotrse of business We are in the business of wholesaling.retailing m nlsacturine leasing(rmting)selling(California)the fallowing: Description of Easiness: General description of umgible property a taxable services to be purchased from the Seder GOLF CARS AIM RELATED ACCESSORIES State State Registration,Seller's Permit or ID State State Registration,Seder's Permit or ID Number of Purchaser Number of Purchaser AL' " AR NE" AZ' NV CA' NJ CO' NM"• Cr NC" DC ND PL' OH" We OR" ID PAu ID [Im IL'•'° SC IA SD KS TN Kr' IJfy • w UT MD" VI ER" WA" idr GT I further certify that if any properly or satire so purchased tax free is used or consumed as to make it subject to a Sales a Use Tat we will pay the tax due directly to the proper taxing authority when state law so provides or inform the Seller for added lnbating,This certificate shall be a pan of each order that we may hereafter give to you unless otherwise mended and shall be swtiduntil canceled by us in writing or revoked by the cm or state. Under penalties of pajwy,I swear or affirm that the information on °5'IFQ, ' t as toevety material matter. Authorized Signature: ( amr.w Capwaw Orfica) Tide: Mayor Date: 5/26/2023 DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 ATTACHMENT 2 Golf Car Quote For: Gold Mountain Golf Course Northwest Yamaha Golf Cars DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 Northwest Yamaha Golf Cars and Yamaha Golf Car Company are very interested in continuing a relationship with Gold Mountain Golf Course. We both thank you for the opportunity to bid on a new lease for your fleet of golf cars, beverage carts, and utility carts. James Adams, President DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 Northwest Yamaha Golf Cars Proposal for: Gold Mountain Golf Course Products: • 2024 Drive2 Fleet Quietech EFI gas Golf Cars, TBD, The Drive2 includes: Tops, Clear Windshields Split/ Sand & Seed Bottles /Information Holder/ Number decals, Hub Caps, USB Ports, and Bag Covers Quantity 144 includes 4 marshal carts. • 2023 YU2A Deluxe Bistro EFI Gas Carts, includes: Solid clear windshield, 4-wheel brakes, with black driver and passenger seat, omni cube beverage cooler with trash cans and 2 cold trays, display cabinet with cash drawer, black canvas top, headlights, horn, 8 ply tires 20" tires, Hub Caps Quantity 3 • 2023 U-Max Two Utility Vehicle EFI Gas Golf Car, includes: Suntop, Windshield, Headlights, Fuel/Hour Meter, Cargo Dumping Bed, Trailer Hitch, Rally Hub Caps Quantity 1 48 months payments: $97.41 per car. Payments per month $14,416.68 Interest Rate: 5.52% Turn in cars at the end of the lease. Northwest Yamaha Golf Cars DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 Cash Options: 2024 Yamaha Drive2 EFI Quitech Golf Car $6,578 X 140 Units = $920,920.00 2024 Yamaha Drive2 EFI Quitech 4 passenger $7,151 X4 Units = $28,604.00 2023 Yamaha YU2A Deluxe Bistro EFI Gas Carts $22, 047.00 X 3 Units = $66,141.00 2023 Yamaha U=Max Two Utility Vehicle EFI Gas $12,646.00 Total: $1,028,311.00 The above quotation does not include any applicable taxes and is subject to the credit approval of Yamaha Leasing. This proposal is valid for 60 days. Neither party has made no representations or promises to the other with respect to the subject matter of this agreement except as set forth in this agreement. If this proposal is acceptable under the above terms, please sign and date. DocuSigned by: ov,Ah,A, Accepted by: 5/26/2023 p B*F4 &E-SC747B... Authorized Date Representative Print Name: Greg wheeler Gold Mountain Golf Course Management DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 ATTACHMENT 3 �-4 it,joy IN 40 141t VrA mi A H A Commercial Finance MUNICIPAL MASTER LEASE ZiMvN[L ? ` Page 1 of 4 MLSE0906 DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 ktlig VAMAHA YAMAHA MOTOR FINANCE CORPORATION, U.S.A. MASTER LEASE AGREEMENT dated June 18,2019 , between YAMAHA MOTOR FINANCE CORPORATION, U.S.A., having its principal place of business at 6555 Katella Avenue, Cypress, California 90630 ("Lessor"), and CITY OF BREMERTON having its principal office at P.O. Box 4130,BREMERTON,WA 98337 ("Lessee"). Lessor and Lessee hereby agree as follows: 1. Lease of Equipment. Lessor leases to Lessee the equipment described on each attached Equipment Schedule(the"Equipment"), on the terms and conditions of this Lease,the applicable Equipment Schedule, and each rider attached hereto. 2. Term. The term of this lease for the Equipment described on a particular Equipment Schedule shall commence on the date set forth on such Equipment Schedule and shall continue for the number of months indicated on such Equipment Schedule. 3. Rent. Lessee shall pay Lessor rent for the Equipment ("Rent") in the amounts and at the times set forth on the applicable Equipment Schedule. The amount of the Rent has been determined by amortizing the purchase price of the applicable Equipment (using the prices quoted in the Request for Proposal identified on the applicable Equipment Schedule ("RFP")), together with an interest factor at the rate specified in the applicable Equipment Schedule. Whenever any payment hereunder is not made when due, Lessee shall pay interest on such amount from the due date thereof to the date of such payment at the lower of Lessor's then prevailing rate for late payments specified in Lessor's invoice to Lessee for such payment or the maximum allowable rate of interest permitted by the law of the state where the Equipment is located. 4. Selection, Delivery, and Acceptance. Lessee shall select the Equipment and take delivery thereof directly from Lessor or an authorized dealer of Lessor(the "Dealer"). All costs of delivery are the sole responsibility of Lessee. Lessor shall not be liable for any loss or damage resulting from the delay or failure to have any Equipment available for delivery. Lessee shall inspect the Equipment to determine that the Equipment is as ordered and has been equipped and prepared in accordance with the RFP and any prior instructions given in writing by Lessee to Lessor or Dealer. Lessee shall accept the Equipment if it meets the criteria set forth in the preceding sentence and shall execute and deliver to Lessor or Dealer a Certificate of Acceptance, in form and substance satisfactory to Lessor, within 7 days of the delivery of the Equipment or the Equipment will be deemed accepted by the Lessee. For all purposes of this Lease, acceptance is conclusively established by Lessee's execution and delivery of a Certificate of Acceptance provided by Lessor. Lessee authorizes Lessor to insert in each Equipment Schedule the serial numbers and other identifying data of the Equipment. 5. Location, and Inspection. Lessee shall not move the Equipment from the locations specified in the applicable Equipment Schedule without Lessor's prior written consent. Lessor and its representatives shall have the right from time to time during business hours to enter upon the premises where the Equipment is located to inspect the Equipment and Lessee's records to confirm Lessee's compliance with this Lease. 6. Care, Use, and Maintenance. Lessee shall, at its expense, at all times during the term of this Lease, keep the Equipment clean, serviced, and maintained in good operating order, repair, condition, and appearance in accordance with Lessor's manuals and other instructions received from Lessor. Lessee will not use or operate the Equipment, or permit the Equipment to be used or operated, in violation of any law, ordinance or governmental regulations. The Equipment will be used and operated only as golf cars. Lessee shall safely store the Equipment when not in use and properly secure it at night and such other times when the golf course on which the Equipment is used is closed to play, and Lessee shall be solely responsible for such storage and safekeeping. If the Equipment is electrical, Lessee shall provide sufficient and adequate electrical charging outlets and water facilities for the batteries which are a part of the Equipment. 7. Insurance. Effective upon delivery of the Equipment to Lessee and until the Equipment is returned to Lessor as provided herein, Lessee relieves Lessor of responsibility for all risk of physical damage to or loss or destruction of all the Equipment, howsoever caused. During the continuance of this Master Lease, Lessee shall at its own expense, cause to be carried and maintained with respect to each item of Equipment designated in each Equipment Schedule, public liability insurance in an amount of not less than $1,000,000, and casualty insurance, in each case in amounts and against risk customarily insured against by Lessee in similar equipment and, in amounts and against risk acceptable to Lessor. All policies with respect to such insurance shall name Lessor as additional insured and as loss payee, and shall provide for at least thirty (30) days' prior written notice by the underwriter or insurance company to Lessor in the event of cancellation or expiration of any such policies. Lessee shall furnish appropriate evidence of such insurance to Lessor. Lessee shall bear the entire risk of loss, theft, destruction or damage to the Equipment from any cause whatsoever and shall not be relieved of the obligation to pay the total of the monthly payments or any other obligation hereunder because of any such occurrence. In the event of damage to any item of Equipment leased hereunder, Lessee, at its sole expense, shall immediately place the same in good repair and operating condition. In no event shall Lessor be liable for any loss of profit, damage, loss, defect or failure of any item of Equipment or the time which may be required to recover, repair, service,or replace the item of Equipment. 8. Storage. Lessee shall store the Equipment in such a manner as to prevent theft or damage from weather and vandalism. 9. Title. Title to the Equipment shall at all times remain with the Lessor. Lessee acquires only the interests of Lessee expressly described in this Lease, the applicable Equipment Schedule, and the riders attached hereto. Lessee shall not remove, move, or cover over in any manner any serial number on the Equipment. Lessee shall keep all Equipment free from any marking or labeling which might be interpreted as a claim of ownership thereof by Lessee or any party other than Lessor or anyone so claiming through Lessor. Lessor is hereby authorized by Lessee, at Lessor's expense,to cause this Master Lease, any Equipment Schedule or any statement or other instrument in respect of any Equipment Schedule as may be required by law showing the interest of Lessor in the Equipment to be filed and Lessee hereby authorizes Lessor or its agent to sign and execute on its behalf any and all necessary UCC-1 forms for such purpose. Lessor and Lessee hereby intend this transaction to be a lease. In the event that for any reason it is not deemed a lease,the Lessee hereby grants Lessor a security interest in the property shown on the Equipment Schedule. Page 2 of 4 MLSE0906 DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 10. Warranties, The Equipment is warranted only in accordance with the manufacturer's warranty. EXCEPT AS EXPRESSLY PROVIDED IN THE MANUFACTURER'S WARRANTY, LESSOR DISCLAIMS ANY OTHER WARRANTY, EXPRESSED OR IMPLIED, INCLUDING,WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE,NON-INFRINGEMENT AND NON-INTERFERENCE. 11. Alterations and Attachments. Lessee may,with Lessor's prior written consent,make such cosmetic modifications to the Equipment as Lessee may deem desirable in the conduct of its business; provided, however, that such alterations shall not diminish the value or utility of the Equipment, or cause the loss of any warranty thereon or any certification necessary for the maintenance thereof; and provided, further, that such modification shall be removable without causing damage to the Equipment. Upon return of the Equipment to Lessor, Lessee shall, if Lessor so elects, remove such modifications which have been made and shall restore the Equipment to its original condition, normal wear and tear and depreciation excepted. 12. Taxes. Lessee shall cooperate with Lessor in all reasonable respects necessary in order for Lessor to qualify for any exemption or exclusion from personal property tax on the equipment or sales or use tax on the leasing of the Equipment to Lessee hereunder. In the event that any such tax becomes payable by Lessor during the term of this Lease, Lessee shall pay to Lessor as additional rent, promptly on receipt of Lessor's invoice therefor, an amount equal to such tax. Lessee shall collect and remit any and all sales, use, and other taxes payable in any state, county,or city in respect of the rental or other use of the Equipment by Lessee. 13. Indemnity; Notice of Claim. To the extent permitted by applicable law, Lessee shall be liable for, and hereby indemnifies Lessor and holds Lessor harmless from and against, any and all claims, costs, expenses, damages, losses, and liabilities (including, without limitation, attorneys' fees and disbursements) arising in any way from the gross negligence or willful misconduct of Lessee or Lessee's agents and independent contractors, or their respective employees,agents or representatives. Lessee shall give Lessor prompt written notice of any claim arising out of the possession, leasing, renting, operation, control, use, storage, or disposition of the Equipment and shall cooperate in all reasonable respects at Lessee's expense in investigating, defending, and resolving such claim. 14. Return of Equipment. Upon the termination of an Equipment Schedule for any reason, unless Lessee is thereupon purchasing the Equipment from Lessor, Lessee shall make the Equipment available for inspection and pick up by Lessor or Dealer at Lessee's location at which the Equipment was used hereunder. The Equipment shall be returned to Lessor at the termination of this Lease in the same operating order, repair, condition, and appearance as when received by Lessee,less normal depreciation and wear and tear(which shall not include damaged or missing tires or wheels). 15. Defaults. The occurrence of any one or more of the following events shall constitute an"Event of Default"under this Lease: (a) Default by Lessee in the payment of any installment of rent or other charge payable by Lessee under any Equipment Schedule as and when the same becomes due and payable;or (b) Default by Lessee in the performance of any other material term, covenant or condition of this Lease or any Equipment Schedule or the inaccuracy in any material respect of any representation or warranty made by the Lessee in this Lease or any Equipment Schedule, or in any document or certificate furnished to the Lessor in connection therewith, which default or inaccuracy shall continue for a period of 10 days after notice;or (c) A petition under the Bankruptcy Code or under any other insolvency law providing for the relief of debtors shall be filed by or against Lessee; or (d) The voluntary or involuntary making of any assignment of a substantial portion of its assets by Lessee for the benefit of creditors shall occur; a receiver or trustee for Lessee or for Lessee's assets shall be appointed; or any formal or informal proceeding for dissolution, liquidation, settlement of claims against or winding up of the affairs of Lessee shall be commenced;or (e) Lessee shall default under any other lease or agreement between Lessee and Lessor[or any of its assignees hereunder];or (f) Lessee shall suffer a material adverse change in its financial condition from the date hereof, and as a result thereof Lessor deems itself or any of the Equipment to be insecure. 16. Remedies. Upon the occurrence of an Event of Default, Lessor,at its option,may pursue any one or more of the following remedies, in such order or manner as Lessor determines, each such remedy being cumulative and not exclusive of any other remedy provided herein or under applicable law: (a) Terminate all or any portion of the Equipment Schedules to this Lease; (b) with or without terminating this Lease,take possession of the Equipment,with or without judicial process, Lessee hereby granting Lessor the right and license to enter upon Lessee's premises where the Equipment is located for such purpose; (c) proceed by appropriate court action, either at law or in equity, to enforce performance by Lessee of the applicable covenants and terms of this Lease, or to recover from Lessee any and all damages or expenses, including reasonable attorneys' fees, which Lessor shall have sustained by reason of Lessee's default in any covenant or covenants of this Lease, or on account of Lessor's enforcement of its remedies thereunder; without limiting any other damages to which Lessor may be entitled, Lessor shall be entitled upon an Event of Default to damages in an amount equal to all Rent then due but unpaid, plus the aggregate amount of Rent thereafter coming due for the remaining term of this Lease,plus Lessor's costs and expenses of pursuing its remedies hereunder(including,without limitation,attorneys'fees),minus all amounts received by Lessor after using reasonable efforts to sell or re-lease the Equipment after repossession or from any guaranty by the Dealer or any third-party;and (d) sell the Equipment or enter into a new lease of the Equipment. It is hereby agreed that no delay by Lessor in pursuing any remedy shall be treated as a waiver of or limitation on such remedy or any other remedy. 17. Assignment. Neither Lessee nor Lessor shall transfer, assign, or sublease (except for rentals to players as contemplated hereunder in the ordinary course of business), or create, incur, assume, or permit to exist any security interest, lien, or other encumbrance on, the Equipment, this Lease, or any interest of Lessee therein. 18. Lessee's Representations and Warranties. Lessee represents and warrants to Lessor that: (a)Lessee has the authority under applicable law to enter into and perform this Lease and each Equipment Schedule and rider hereto; (b) Lessee has taken all necessary action to authorize its execution, delivery, and performance of this Lease and each Equipment Schedule and rider hereto; (c) the Lease and each Equipment Schedule and rider hereto have been duly executed and delivered by an authorized signatory of Lessee and constitute Lessee's legal, valid, and binding obligations, enforceable in accordance with their terms; (d) adequate funds have been budgeted and appropriated to enable Lessee to make all payments required under each Equipment Schedule to this Lease during the first twelve months of the term hereof; and(e)interest paid on indebtedness of Lessee held by Lessor would be excluded from Lessor's income for U.S.federal income tax purposes. Page 3 of 4 MLSE0906 DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 19. Non-Appropriation of Funds. Notwithstanding anything contained in this Lease to the contrary, in the event no funds or insufficient funds are budgeted and appropriated or are otherwise unavailable by any means whatsoever for Rent due under the Lease with respect to a Equipment Schedule in any fiscal period after the period in which the term of the lease with respect to such Equipment Schedule commences, Lessee will immediately notify Lessor in writing of such occurrence and the Lessee's obligations under the Lease shall terminate on the last day of the fiscal period for which appropriations have been received or made without penalty or expense to Lessee, except as to (i) the portions of Rent for which funds shall have been budgeted and appropriated or are otherwise available and (ii) Lessee's other obligations and liabilities under the Lease relating to the period, or accruing or arising, prior to such termination. In the event of such termination, Lessee agrees to peaceably surrender possession of the Equipment to Lessor on the date of such termination in the manner set forth in the Lease and Lessor will have all legal and equitable rights and remedies to take possession of the Equipment. Notwithstanding the foregoing, Lessee agrees(i)that it will not cancel the Lease and the Lease shall not terminate under the provisions of this section if any funds are appropriated to it, or by it, for the acquisition, retention or operation of the Equipment or other equipment or services performing functions similar to the functions of the Equipment for the fiscal period in which such termination would have otherwise occurred or for the next succeeding fiscal period, and (ii) that it will not during the Lease term give priority in the application of funds to any other functionally similar equipment or to services performing functions similar to the functions of the Equipment. This section is not intended to permit Lessee to terminate the Lease in order to purchase, lease, rent or otherwise acquire the use of any other equipment or services performing functions similar to the functions of the Equipment, and if the Lease terminates pursuant to this section, Lessee agrees that prior to the end of the fiscal period immediately following the fiscal period in which such termination occurs, it will not so purchase, lease, rent or otherwise acquire the use of any such other equipment or services. 20. Binding Effect; Successors and Assigns. This lease and each Equipment Schedule and rider hereto shall be binding upon and shall inure to the benefit of Lessor and Lessee and their respective successors and permitted assigns. All agreements and representations of Lessee contained in this Lease or in any document delivered pursuant hereto or in connection herewith shall survive the execution and delivery of this Lease and the expiration or other termination of this Lease. 21. Notices. Any notice, request or other communication to either party by the other shall be given in writing and shall be deemed received only upon the earlier of receipt or three days after mailing if mailed postage prepaid by regular mail to Lessor or Lessee, as the case may be, at the address for such party set forth in this agreement or at such changed address as may be subsequently submitted by written notice of either party. 22. Governing Law. This Lease and each Equipment Schedule and rider hereto shall be governed by and construed in accordance with the laws of the State where Lessee's principal administrative offices are located without giving effect to the conflicts of laws principles of such state. 23. Severability. In the event any one or more of the provisions of this Lease or any Equipment Schedule or rider hereto shall for any reason be prohibited or unenforceable in any jurisdiction, any such provision shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 24. Signed Counterparts. The parties agree that this Lease may be signed in counterparts, that delivery of an executed counterpart of the signature page to this Lease by fax, email or other electronic means shall be as effective as delivery of a manually executed counterpart, and any failure to deliver the original manually executed counterpart sent by fax, email or other electronic means shall not affect the validity, enforceability or binding effect of this Lease. Notwithstanding any other provision of this Lease, the sole original of this Lease shall be the Lease bearing the stamped or manually executed signature of the Lessor. The Lessee, by making any payment required under this Lease, ratifies all of the terms of this Lease/Agreement. 25. Article 2A. To the fullest extent permitted by applicable law, Lessee waives any and all rights and remedies conferred by Sections 2A- 508 through 2A-522 of Article 2A of the Uniform Commercial Code in effect in the state designated in Section 22 above, except to the extent that such right or remedy is expressly granted to Lessee herein. 26. Statute of Limitations. Any action by Lessee against Lessor or Dealer for any breach or default under this Lease must be commenced within one year after the cause of action accrues. 27. Entire Agreement. This Lease and all Equipment Schedules and riders hereto constitute the entire agreement between Lessor and Lessee with respect to the subject matter hereof, and there are no agreements, representations, warranties, or understandings with respect to such subject matter except as expressly set forth herein and therein. No alternation or modification of this Lease or any Equipment Schedule or rider hereto shall be effective unless it is in writing and signed by Lessor and Lessee. IN WITNESS WHEREOF, Lessor and Lessee have caused this Lease to be executed on the date first above written. CITY OF BREMERTON as Lessee YAMAHA MOTOR FINANCE CORPORATION, U.S.A. as Lessor )14q-• By: 1 n By: Ir`I Print Name: Gl'elW\Act\EC Print Name: Jeff Young I Title: M clo< Title: President Page 4 of 4 MLSE0906 DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 EXHIBIT A EQUIPMENT SCHEDULE# 200459 Dated 06/18/2019 1. This Schedule covers the following property("Equipment"): 124 DR2AEFI/1 YU1A/3 YU2A GOLF CARS 2. Location of Equipment: GOLD MOUNTAIN GOLF CLUB 7263 W.BELFAIR VALLEY RD BREMERTON,WA 98310 3. The Lease term for the Equipment described herein shall commence on July 28,2019 and shall consist of 48 months from the first day of the month following said date. 4. Rental payments on the Equipment shall be in the following amounts,payable on the following schedule: 48 MONTHLY PAYMENTS IN THE AMOUNT OF$8,645.72(APPLICABLE TAXES TO BE BILLED). STARTING JULY 2019 AND ENDING JUNE 2023. DUE THE 28TH DAY OF THE MONTH AS FOLLOWS: Jul-19$8,645.72 Jan-20$8,645.72 Jan-21$8,645.72 Jan-22$8,645.72 Jan-23$8,645.72 Aug-19$8,645.72 Feb-20$8,645.72 Feb-21$8,645.72 Feb-22$8,645.72 Feb-23$8,645.72 Sep-19$8,645.72 Mar-20$8,645.72 Mar-21$8,645.72 Mar-22$8,645.72 Mar-23$8,645.72 Oct-19$8,645.72 Apr-20$8,645.72 Apr-21$8,645.72 Apr-22$8,645.72 Apr-23$8,645.72 Nov-19$8,645.72 May-20$8,645.72 May-21$8,645.72 May-22$8,645.72 May-23$8,645.72 Dec-19$8,645.72 Jun-20$8,645.72 Jun-21$8,645.72 Jun-22$8,645.72 Jun-23$8,645.72 Jul-20$8,645.72 Jul-21$8,645.72 Jul-22$8,645.72 Aug-20$8,645.72 Aug-21$8,645.72 Aug-22$8,645.72 Sep-20$8,645.72 Sep-21$8,645.72 Sep-22$8,645.72 Oct-20$8,645.72 Oct-21$8,645.72 Oct-22$8,645.72 Nov-20$8,645.72 Nov-21$8,645.72 Nov-22$8,645.72 Dec-20$8,645.72 Dec-21$8,645.72 Dec-22$8,645.72 5. Interest Factor: 4.80 % 6. Other Terms: Lessee agrees to reimburse Lessor, who shall pay any assessed property taxes due on the equipment leased pursuant to Section 12 of the Master Lease Agreement dated 06/18/2019 between the parties(the"Lease"). Yamaha Motor Corporation,U.S.A.,Lessor and their respective subsidiaries are not obligated to perform or provide any maintenance or service,under any circumstances,under the terms of the Lease. Maintenance and service are the responsibility of the Lessee. Failure by Lessee to maintain or service the equipment consistent with the terms of the Lease shall not relieve Lessee of the responsibilities under the Lease. Signed Counterparts: The parties agree that this Exhibit A to the Lease may be signed in counterparts,that delivery of an executed counterpart of the signature page to this Exhibit A to the Lease by fax,email or other electronic means shall be as effective as delivery of a manually executed counterpart,and any failure to deliver the original manually executed counterpart sent by fax,email or other electronic means shall not affect the validity,enforceability or binding effect of this Exhibit A to the Lease. Notwithstanding any other provision of the Lease,the sole original of this Exhibit A to the lease and the Lease shall be the ones bearing the manually executed signature of the Lessor. The Lessee,by making any payment required under this Lease,ratifies all of the terms of this Exhibit A to the Lease and the Lease Master Lease: This Exhibit A to the Lease,Equipment Schedule,are issued pursuant to the Lease. Capitalized terms used herein and not otherwise defined shall have the meanings given them in the Lease. All terms and conditions,representations and warranties of the Lease are hereby ratified and incorporated herein and made a part hereof as if they were expressly set forth in this Exhibit A,Equipment Schedule and this Exhibit A,Equipment Schedule,constitutes a separate lease with respect to the Equipment described herein.. LESSEE: CITY OF BREMERTON LESSOR: YAMAHA MOTOR FINANCE CORPORATION,U.S.A. jtjt 141•.•..ab l� By: By: S a e Name: C.! t•.1<< Name: Jeff Young kA Typeor Print President i Title: i Title: DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 *YAMAHA AMORTIMUNION_ICIPASCHEDULE LEASE AGREEMENT FINANCIAL SERVICES LESSEE : GOLD MOUNTAIN GOLF COURSE EQUIPMENT SCHEDULE#200459 ?)/ GOLD MOUNTAIN GOLF COURSE Initialed By Yield:4.800% Mon# Due Date Payment Interest 1 07/28/2019 8,645.72 2,483.89 2 08/28/2019 8,645.72 2,459.97 3 09/28/2019 8,645.72 2,435.95 4 10/28/2019 8,645.72 2,411.85 5 11/28/2019 8,645.72 2,387.64 6 12/28/2019 8,645.72 2,363.35 7 01/28/2020 8,645.72 2,338.96 8 02/28/2020 8,645.72 2,314.47 9 03/28/2020 8,645.72 2,289.89 10 04/28/2020 8,645.72 2,265.22 11 05/28/2020 8,645.72 2,240.44 12 06/28/2020 8,645.72 2,215.58 13 07/28/2020 8,645.72 2,190.61 14 08/28/2020 8,645.72 2,165.55 15 09/28/2020 8,645.72 2,140.39 16 10/28/2020 8,645.72 2,115.14 17 11/28/2020 8,645.72 2,089.78 1 18 12/28/2020 8,645.72 2,064.33 19 01/28/2021 8,645.72 2,038.78 20 02/28/2021 8,645.72 2,013.13 21 03/28/2021 8,645.72 1,987.38 22 04/28/2021 8,645.72 1,961.53 23 05/28/2021 8,645.72 1,935.58 24 06/28/2021 8,645.72 1,909.53 25 07/28/2021 8,645.72 1,883.37 26 08/28/2021 8,645.72 1,857.12 27 09/28/2021 8,645.72 1,830.76 28 10/28/2021 8,645.72 1,804.31 29 11/28/2021 8,645.72 1,777.74 30 12/28/2021 8,645.72 1,751.08 31 01/28/2022 8,645.72 1,724.31 32 02/28/2022 8,645.72 1,697.44 33 03/28/2022 8,645.72 1,670.47 34 04/28/2022 8,645.72 1,643.38 35 05/28/2022 8,645.72 1,616.20 36 06/28/2022 8,645.72 1,588.91 37 07/28/2022 8,645.72 1,561.51 38 08/28/2022 8,645.72 1,534.01 39 09/28/2022 8,645.72 1,506.40 40 10/28/2022 8,645.72 1,478.68 41 11/28/2022 8,645.72 1,450.85 42 12/28/2022 8,645.72 1,422.92 43 01/28/2023 8,645.72 1,394.88 44 02/28/2023 8,645.72 1,366.73 45 03/28/2023 8,645.72 1,338.47 46 04/28/2023 8,645.72 1,310.10 47 05/28/2023 8,645.72 1,281.62 48 06/28/2023 8,645.72 1,253.03 Totals: 414,994.56 90,563.23 Yamaha Financial Services Page 1 of 1 DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 ++ YAMAHA MOTOR FINANCE CORPORATION, U.S.A.("Yamaha") 6555 Katella Avenue, Cypress, CA 90630 (800) 551-2994, Fax(714) 761-7363 E-MAIL: YMFUS_CFinsurance@yamaha-motor. NAME OF INSURANCE AGENT: June 18,2019 WILLIS OF SEATTLE,INC ADDRESS: 600 University Street Suite 3100 Diane.Germundson(a@.willistowerswatson. Please Reference our Quote# 200459 Seattle.WA 98101 PHONE: (206)343-6009 FAX: : 8884672378 / RE: GOLD MOUNTAIN GOLF CLUB (Customer)Account# The Customer has leased or will be leasing equipment from Yamaha. The Customer is required to provide Yamaha with the following insurance coverage: "All Risk" Property Insurance covering the property owned by or in which Yamaha has a security interest, in an amount not less than the full replacement cost of the property, with Yamaha Motor Finance Corp., U.S.A., its successors and assigns named as LOSS PAYEE Public Liability Insurance naming Yamaha Motor Finance Corp., U.S.A., its successors and assigns as an ADDITIONAL INSURED with the proceeds to be payable first on the behalf of Yamaha to the extent of its liability, if any. The amount of the Public Liability Insurance shall not be less than $1,000,000.00 combined single limit. Each policy shall provide that: (i) Yamaha will be given not less than thirty (30) days prior written notice of cancellation or non-renewal, (ii) it is primary insurance and any other insurance covering Yamaha shall be secondary or excess of the policy and (iii) in no event shall the policy be invalidated as against Yamaha or its assigns for any violation of any term of the policy or the Customer's application therefore. A Certificate evidencing such coverage should be mailed to Yamaha at the following address. YAMAHA MOTOR FINANCE CORPORATION, U.S.A. Attn: Commercial Finance Group 6555 Katella Ave Cypress, CA 90630 Your prompt attention will be appreciated. Very Truly Yours, Equipment Covered: 124 DR2AEFI/1YU1A/3 YU2A GOLF CARS _...._._ CITY OF irREMERTON (Customer) By: WJIh+er Equipment Location: (Sign: of Authorized Officer) 7263 R191. BELFAIR VALLEY RD EREMERTON,WA 98310 Title: Kalot _ _ DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 CERTIFICATE OF ACCEPTANCE This certificate is executed pursuant to Equipment Schedule No. 9,00459 r' dated June 18,2019_...___ to the Master Lease Agreement dated June18,2019__ _ between Yamaha Motor Finance Corporation, U.S.A. (the"Lessor") and CITY OF BREMERTON (the"Lessee"). The Lessee hereby certifies that the Equipment set forth below, as also described in the above Equipment Schedule, has been delivered and accepted by the Lessee on the Commencement Date shown below. EQUIPMENT SERIAL QUANTITY TYPE/MODEL NUMBER NEW/USED LOCATION 124 DR2AEFI/1 YU1A/3 YU2A GOLF See NEW GOLD MOUNTAIN GOLF CLUB Attachment 7263 W. BELFAIR VALLEY RD BREMERTON,WA 98310 ADDITIONAL CONDITIONS/SPECIAL TERMS: Please return this certificate as your acknowledgment of the above Commencement Date and acceptability of the Equipment. CITY OF BREMERTON as Lessee By: h.1 .r. Name: _ Grc _1r.9.►cekt Title: M o.yor DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 WA cities Insurance Authority P.O. Box 88030 Tukwila, WA 98138 Phone: 206-575-6046 1/27/2022 Ref#: 13684 Fax: 206-575-7426 www.wciapool.org Loss Payee: Yamaha Motor Finance Corporation, U.S.A Attn: Leasing Dept. 6555 Katella Ave Cypress, CA 90630 Re: City of Bremerton Master Lease Agreement for golf carts at Gold Mountain Golf Club Evidence of Coverage The City of Bremerton is a member of the Washington Cities Insurance Authority (WCIA), which is a self-insured pool of over 160 public entities in the State of Washington. The member has property coverage under the WCIA Joint Property Protection Agreement up to a loss limit of$750,000 per occurrence, excess of the member's individual deductible. Coverage provides for all risks of direct physical loss or damage, subject to policy terms, conditions and exclusions for real and/or personal property, including inland marine exposures and/or automobile physical damage. Sincerely, Rob Roscoe Deputy Director cc: Melisa Folmer DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 Bremerton City Attorney Contract Review Sheet GENERAL CITY ATTORNEY TRACKING# 230191 Date Received: 5/4/23 Contractor: Yamaha Purpose: Lease Amendment - Gold Mountain Golf Course Contract Amount: $ 14,416.68/mo Contract Term: July 2023 - June 2027 Originator/Depattiuent Contact: Jeff/Parks Phone: X5428 Request Comments By: ASAP RISK MANAGER REVIEW ❑ APPROVE El NOT APPROVE Reviewer Initials: Date: Comments: CITY ATTORNEY El APPROVE ❑ NOT APPROVE 1=1 Needs to go to Council Reviewer Initials: MRR Date: 5.4.23 Comments: ROUTED TO Jeff 5/5/23 R:\LEGAL\Contracts\FORMS\Contract Review Request.doc ****Attorney-Client Communication. Not for Dissemination**** DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 Action History (UTC-08:00)Pacific Time(US&Canada) Submit by Melinda Monroe 5/19/2023 1:11:48 PM(Start) Approve by Melinda Monroe 5/19/2023 1:13:20 PM (Contracts SME:Approve/Reject) • The task was assigned to Melinda Monroe 5/19/2023 1:11 PM Approve by Mike Riley 5/26/2023 2:06:51 PM(Finance Review:Approve/Reject) • The task was assigned to Mike Riley 5/19/2023 1:13 PM Approve by Vanessa Acierto 5/26/2023 3:50:45 PM(Legal Review:Approve/Reject) • Vanessa Acierto assigned the task to Vanessa Acierto 5/26/2023 3:49 PM • The task was assigned to Legal 5/26/2023 2:06 PM DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 Contract approval submission kI ln4/itriacno Submission Information Submitter Melinda Monroe-Melinda.Monroe@ci.bremerton.wa.us Submission Priority* Initial Submission Type* New contract Previous Contract Contract Type* Goods and services Department* Parks&Recreation Division* Recreation Company/Entity* Yamaha Contract/Project Golf Cart Lease Name* Short description.Something to help identify the contract.E.g."Lower Lebo paving","Off duty agreement" Effective Date 5/19/2023 Desired start date of contract term,may not be required. Expiration Date 6/30/2027 Expected expire dated,may not be required. Renewal Date 12/30/2026 The date to start reviewing if current contract should be renewed Contract Cost* $ 692,011.00 Total estimated budget amount for entire contract term,including taxes. Contract Upload* 05_17_2023 4H.pdf 50.49KB Attachment 1 -Golf Cart Lease Proposal Summary 66.53KB Worksheet.pdf Attachment 2-Northwest Yamaha Golf Cars(Lease 1.23MB Proposal).pdf Attachment 3-Municipal Master Lease Agreement 5.82MB (Yamaha 5-18-2019).pdf Attachment 4-Lease Amendment(Equipment 1.51MB Schedule 5-2-2023).pdf Max allowed 5 Vendor Approved* Yes No N/A Has the vendor approved this contract Submission Notes Instructions or comments for reviewer DocuSign Envelope ID:5A985CB3-514E-42A4-AE3A-6877DF680044 Signatures COB Signer Name Greg Wheeler COB Signer Title Mayor Vendor Signer Jeff Elevado Name* Name of signer with authority to sign the contract Vendor Title* Parks Director Title of signer Vendor Email* jeff.elevado@ci.bremerton.wa.us Email where DocuSign will send contract Contract Administrator Review Legal Signer* Mychael Raya Contract Administrator Upload Legal Review Legal Review Upload 230191.pdf 589.31KB