Reso 2002-490 - Laserfiche WebLink

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Car RentaVLease Contract Whereas ROYAL Rent-A-Car Systems of Florida, Inc. 3801 NW 25TH Street, Miami, Florida, 33142 (herein after referred to as ROYAL), And City of Sunny Isles Beach (herein referred to as Sm), desire to enter into an agreement which is to be governed by the following terms and conditions. Terms Beginning..1J t>V. 1), 2-D()L-. and expiring on September 30th, 2003. Upon mutual agreement this contract may be extended for two additional 0 ne- year periods. All conditions will remain the same, with the rates subject to increase in accordance with the preceding years Consumer Price Index (CPI). In no event shall the price adjustment exceed five percent (5%). The sm shall at their discretion have the flexibility to add additional vehicles or return vehicles, as their needs require. Delivery Initial vehicles under the terms of this contract will be made available at the closest ROYAL office or any office that the contracting agency finds convenient. Cars To Be Provided ROYAL will provide a selection of cars, wagons, vans and trucks from which sm may choose. This selection will be classified into groups for pricing. From these groups, sm may choose the vehicles desired. During the term of this contract, sm may exchange vehicles within the same pricing groups at any time. If at any time a vehicle is disabled due to a mechanical or accidental reason, a replacement or exchange vehicle will be issued immediately upon return of said vehicle. A wide variety of vehicles will be made available both as to make, model and color. Maintenance ROYAL will maintain the vehicles provided under this program, both as to mechanical repairs and routine maintenance. When a contract vehicle is down for service, a replacement or loaner vehicle will be provided immediately upon return of said vehicle. In the event of an accident, a loaner or replacement vehicle will be provided at no additional charge while the contract vehicle is repaired. Page I