Bunker Hill Golf Course Cart Lease AgreementMasterpiece on the Mississippi
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Bunker Hill Golf Course Cart Lease Agreement
DATE: March 1, 2011
Dubuque
kraal
All- AmedcaCity
1111!
2007
Leisure Services Manager Marie Ware recommends approval of the lease agreement
with Yamaha Commercial Customer Finance for sixty golf carts for the Bunker Hill Golf
Course for a period of six golf seasons. These one - year -old carts will be leased for a
fee of $575 per cart annually, which is the same fee paid for the previous five year's cart
lease.
concur with the recommendation and respectfully request Mayor and City Council
approval.
MCVM:jh
Attachment
cc: Barry Lindahl, City Attorney
Cindy Steinhauser, Assistant City Manager
Marie L. Ware, Leisure Services Manager
7:
Mi C. Van Milligen
Masterpiece on the Mississippi
TO:
FROM:
SUBJECT:
DATE:
INTRODUCTION
BACKGROUND
ACTION REQUESTED
Michael C. Van Milligen, City Manager
Marie L. Ware, Leisure Services Manager
Bunker Hill Golf Course Cart Lease Agreement
February 24, 2011
We request that the City Council approve this lease agreement with Yamaha
Commercial Customer Finance.
MLW:jIr
attachment
copy Patrick J. Prevenas, Recreation Division Manager
Dubuque
kitri
All - America City
2007
I .
The purpose of this memorandum is to request City Council approval of a six (6) year
lease for sixty (60) Yamaha golf carts for the Bunker Hill Golf Course.
The attached lease with Yamaha Commercial Customer Finance is to provide the
Bunker Hill Golf Course with sixty (60) 2010 Yamaha model golf carts for a period of six
(6) golf seasons. These one year -old carts will be leased for a fee of $575 per cart
annually, which is the same fee paid for the previous five (5) year's cart lease.
To reduce the expense of renting carts for weekend golf events, the Bunker Hill Golf
Course cart fleet will be expanded from fifty (50) to sixty (60) carts provided by the local
Yamaha representative, Harris Motor Sports. Harris Motor Sports will also service the
carts annually as part of the lease agreement.
Barry Lindahl, City Attorney, has reviewed the lease and requested one revision which
appears on page 3, section 13: Indemnity: Notice of Claim. Yamaha Commercial
Customer Finance has agreed to the revisions and nine words are stricken from that
section. Both parties will need to initial that section when the lease document is signed.
YAMAHA
Commercial Customer Finance
MUNICIPAL MASTER LEASE AGREEMENT
Page 1 of 4 MLSE0906
YAMAHA
YAMAHA MOTOR CORPORATION, U.S.A.
MASTER LEASE AGREEMENT dated January 25, 2011 between YAMAHA MOTOR CORPORATION, U.S.A.,
having its principal place of business at 6555 Katda Avenue, Cypress, Cai(omia 90630 ('Lesson'), and
CITY OE nt JRI 1V1 IF having its principal office at
50 W. 13TH $T.. DUBUQUE. to 52001 Messes').
Lessor and Lasses hereby agree as follows:
1. Chid of Equipment. Lessor leases to Lessee the equipment described on each attached Equipment Schedule (the ', on
the terms and conditions of this Lease, the applicable Equipment Schedule, and each rider attached hereto.
2. Jam. The term of this Hass for the Equipment descrbed on a particular Equipment Schedule shah commence on the date set forth on
such Equipment Schedule and shall continue for the number of months indicated on such Equipment Schedule.
3. plant. Lessee shat pay Lessor rent for the Equipment ("$6pt') 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 duo Request for Proposal identified on the applicable Equipment Schedule ram, together with an interest factor at the rate
specified in the applicable Equipment Schedule. Whenever any payment hereunder is not made when due, Lessee shat pay interest on such
amount from the due date thereof to the date of such payment at the borer of Lessors tan prevailing rate for late payments *podded in
Lessors invoice to Lessee for such payment or the max allowable rate of interest permitted by the law of the state where the Equipment
Is located.
4. fiejectigg,Deltfimmilleadina. Lessee shall select the Equipment and take delivery thereof directly from Lessor or an authorized
dealer of Lessor (the'). AN 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 to
Equipment Is as ordered and has been equipped and prepared in accordance with the RFP and any prior kntrudions given in writing by
Lessee to Lessor or Dealer. Lessee shall accept the Equipment If N 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, with respect to each shipment of
Equipment. For all purposes of this Lease, acceptance Is conclusively established by Lessee's execution and delver of a Certificate of
Acceptance provided by Lessor. Lessee authorizes Lessor to insert in each Equipment Schedule the serial numbers and other identifying
date of the Equipment.
5. 1.2carinrusatingggraga. Lessee shall not move the Equipment from the locations specified in the applicable Equipment Schedule
without Lessors prior written consent Lessor and Ns 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
Leese.
6. Qtrs. Lie. and Mairtanana. Lessee shaft, at Ns expense, at all times during the term of this Lease, keep the Equipment dean,
serviced, and maintained in good operating order, repair, condition, and appearance In accordance with Lessors manuals and other
instructions received from Lessor. Lessee vile not use or operate the Equipment. or permit the Equipment to be used or operated, in violation
of any law, ordnance or governmental regulations. The Equipment well be used and operated only as golf cars. Lessee shall safely store the
Equipment when not in use and properly seam N at night and such other tines when the golf course on which the Equipment is used is
dosed to play, and Lessee shaft be solely responsible for such storage and safekeeping. If the Equipment is eledric al, Lessee shall provide
sufficient and adequate electrical charging outlets and water facilities for the batteries which are a part of the Equipment.
7. Igo pg. 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 destrudlon of all the Equipment, howsoever caused.
During the continuance of this Master Leese, Lessee shat at Ns own expense. cause to be parried and maintained with respect to each Nam
of Equipment designated in each Equipment Schedule public Nabitty 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 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 shell
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 shad, upon request of Lessor, 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 • 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 ken of Equipment.
6. $torah. Lessee shall store the Equipment in such a manner as to prevent theft or damage from weather and vandalism.
9. Mg. Title to the Equipment shall at all times remain with the Lessor. Lessee acquires only the interests of Lessee expressly described
in this Luse, 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 whi might be interpreted
as a daim of ownership thereof by Lessee or any party other than Lessor or anyone so claiming through Lessor.
10. thmantieg. The Equipment is warranted only in accordance with the manufacturers 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, AND NON-
INTERFERENCE.
Page 2 of 4 MLSE0906
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 retum 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. 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, with limitation, attorneys' fees and disbursements) arising in any
way from the grass negligence or- raisseadust of Lessee or Lessee's - employees.
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. Retum 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 retumed 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, any 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; 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. 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
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 mall 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. Severabllity. 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. paned 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 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 24
508 through 2A -522 of Article 2A of the Uniform Commercial Code In effect in the state designated In Section 26 below, except to the extent
that such right or remedy is expressly granted to Lessee herein.
26. Status 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 DUB UE YAMAHA MOTOR CORPORATION, U.S.A. as Lessor
as Lessee
By:
Print Name: Roy D. Buol
Title: Mayor
By: 21Zieeek
Print Name: Takashi Yabusaki
Title: Vice President/Treasurer
Page 4 of 4 MLSE0906
EXHIBIT A
EQUIPMENT SCHEDULE # 98563
Dated 01/25/2011
1. This Schedule covers the following property ( "Equipment "):
60 YDRA USED GOLF CARS
2. Location of Equipment:
BUNKER HILL GOLF COURSE
2200 BUNKER HILL RD.
DUBUQUE, IA 52001
3. The Lease term for the Equipment described herein shall commence on April 01, 2011 and shall
consist of 72 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:
36 MONTHLY PAYMENTS IN THE AMOUNT OF $5,750.00 (APPLICABLE TAXES TO BE BILLED).
STARTING MAY 2011 AND ENDING OCTOBER 2016. DUE THE 1ST DAY OF
THE MONTH AS FOLLOWS:
May-11 $5,750.00
Jun-11 $5,750.00
Jul-11 $5,750.00
Aug -11 $5,750.00
Sep -11 $5,750.00
Oct -11 $5,750.00
May -12 $5,750.00
Jun -12 $5,750.00
Jul -12 $5,750.00
Aug -12 $5,750.00
Sep-12 $5,750.00
Oct -12 $5,750.00
5. Interest Factor: 5.880 %
May -13 $5,750.00
Jun -13 $5,750.00
Jul -13 $5,750.00
Aug-13 $5,750.00
Sep-13 $5,750.00
Oct -13 $5,750.00
May -14 $5,750.00
Jun-14 $5,750.00
Jul -14 $5,750.00
Aug -14 $5,750.00
Sep -14 $5,750.00
Oct-14 $5,750.00
May -15 $5,750.00
Jun -15 $5,750.00
Jul -15 $5,750.00
Aug -15 $5,750.00
Sep -15 $5,750.00
Oct -15 $5,750.00
May -16 $5,750.00
Jun -16 $5,750.00
Jul -16 $5,750.00
Aug -16 $5,750.00
Sep -16 $5,750.00
Oct -16 $5,750.00
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.
Yamaha is not obligated to perform or provide any service, under any circumstances under the terms of the lease
agreement. Service is the responsibility of the Lessee. Failure by Lessee to maintain or service the equipment consistent
with the terms of the Master Lease Agreement shall not relieve Lessee of the responsibilities under the Master Lease
Agreement.
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 manually executed signature of the Lessor. The Lessee, by making any payment required under this Lease
ratifies all of the terms of this Lease/Aereement.
This Equipment Schedule is issued pursuant to the Master Lease dated, January 25, 2011 (the
"Lease "). All of the terms and conditions, representations and warranties of the Lease are hereby incorporated herein
and made a part hereof as if they were expressly set forth in this Equipment Schedule and this Equipment Schedule
constitutes a separate le se with respect to the Equipment described herein.
LESSEE: CITY OF4' lBU
By:
Name:
Title:
Mayor
LESSOR: YAMAHA MOTOR CORPORATION, U.S.A.
By:
Takashi Yabusaki
Name:
._ Title:
Vice President/Treasurer
Masterpiece on the Mississippi
Dubuque
Ibift
RII America City
1I l►
2007
Yamaha Motor Corporation, USA
Attn: Takashi Yabusaki
6555 Katella Avenue
Cypress, California 90630
Dear Mr. Yabusaki:
Leisure Services Department
2200 Bunker Hill Road
Dubuque, Iowa 52001 -3010
Office (563) 589 -4263
Fax (563) 589 -4391
1TY (563) 690 -6678
parkrec@ci.tyofdubuque.org
www.cityofdubuque.org
March 14, 2011
Enclosed are two (2) copies of the signed lease agreement with the City of
Dubuque for sixty (60) golf cars. Please return one of the signed copies to us
following your signing, including page 3, section 13, because of stricken words
agreed upon by both parties.
Thank you for your assistance and we look forward • this new
relationship.
PJP:jlr
enclosures
Sin
Patrick J. Prevenas
Recreation Division Manager
Service People Integrity Responsibility Innovation Teamwork
YAMAHA
Bunker Hill Golf Course
AMORTIZATION SCHEDULE FOR MUNICIPALITY
MUNICIPAL LEASE AGREEMENT
LESSEE: Bunker Hill Golf Course
EQUIPMENT SCHEDULE # 88563
Yield: 5.880%
Due
Mort # PAO Pavmep% Intel
1 04101/11 00 1. .
2 M / 5 . 7 .00 1. .67
4 07101/11 7 .00 1,021.18
5 0!1/01/11 7 00 998.58
7 09/01/11 .7 .00 978.87
10 /01/11 5,750.00 953.05
11101/11 0.00 930.12
12/01/11 0.0p0000 934.57
10 11 01/12 0.00 943.52
13 + '1 /12 0.00 gin
14 ' 1/12 5.760.00 967.12
15 • ' 1/12 5.750.00 934.21
16 "7101/12 5.780.00 911.19
17 • ' 1/12 5.750.00 866.07
18 ,,. 1/12 5.750.00 664.63
19 10/01/12 5,750.00 841.48
20 11/01/12 0.00 815.02
21 12/01/12 0.00 821.93
22 01/01 /13 0.00 825.86
23 02/01/13 0.00 829.60
24 03/01/13 0.00 833.77
25 04/01/13 0.00 837.76
26 05/01 /13 5.750.00 *41.76
27 05/01/13 5.750.00 616.1
28 07/01/13 5.750.00 794.73
29 08/01 /13 5.750.00 771.05
30 09/01/13 5.730.00 747.25
31 10/01 /13 5,750.00 723.34
32 11/01/13 0.00 889.31
33 12/01/13 0.00 702.56
34 01 /01/14 0.00 706.01
35 02/01/14 0.00 708.351
36 03/01/14 0.00 713.
37 04/01/14 0.00 71619
38 ' . ' 1/14 5.780.00 719.61
39 » ; ' 1/14 5.750.00 695.67
40 07/01/14 5.750.00 671.41
41 08/01 /14 5.75 647.13
42 09/01/14 5.750.00 622.76
43 10/01/14 5,750.00 595.24
44 11/01/14 0.00 573.62
45 12/01 /14 0.00 79.39
46 01 /01/15 0.00 79.
48 . r 1 /15 0.00 1 .66
49 0401/15 0.00 7.46
50 05/01/15 5.7 .00 590.26
51 06/01/15 5.7 00 565.60
52 07 /01/15 5.7 .00 640.82
53 06101 /15 7 515.93
56 1 11/01/15 5,751 0 .p0 440.77
57 12101/15 0.00 442.62
58 01 /01/16 0.00 444.74
59 02/01/16 0.00 446.67
60 03/01/16 .00 449.00
61 04/01/16
62 05/01/16 5.700 453.3
63 06/01/16 5.750.00 7.99
427.99
03
64 07 /01/16 5.750.00 4
65 08/01/16 5.750.00
66 09/01/16 5.750.00 3 3 31
67 10/01/16 5,750.00 �3225.5y1
70 01/0/001/17 0 302.
71 03/01/17 0.00 .35
Totals: 207,000.00 49,205.98
Initialed By: