Reso 2007-1069 - Laserfiche WebLink

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Equipment Lease Agreement This Equipment Lease Agrcement (thc "Agreement") is made and entered on 4, ,-1 L <' 2. , 2007, by and between The Komfort Zone, LTD ("Lessor") and City of Sunny Isles Beach ("Lessee") (collectively refcrred to as the "Parties"). The Parties agrcc as follows: 1. EQUIPMENT: Lessor herebv leases to Lessee the following equipment: One Standard Elite III Mobile Restroom Trailer with three separate bathrooms, each bathroom has a porcelain toilet, counter with sink, mirror, paper towel dispenscr and trashcan. Unit provided is excellent condition.. (the "Equipment") 2. LEASE TERM: The leasc will start on April 02, 2007 and will end in approximately six months. City may terminate this Agreement at any time upon thirty (30) days notice. 3. LEASE PAYMENTS: Lcssee agrees to pay to Lcssor as rent for the Equipment the amount of $2500.00 per month ("Rent")for this period in advance at P.O. Box 290190, Ft. Lauderdalc, Florida 33329-0190 (addrcss for rent payment) or at any other address designated by Lessor. See item 25 for additional charges. 4. LATE CHARGES: If any amount under this Agreement is more than 10 days late, Lessee agrees to pay a latc fee of$50.00 per unit. 5. SECURITY DEPOSIT: Prior to taking possession of the Equipment, Lessee shall deposit with Lessor, in trust, a security deposit of "Waived" per unit as security for the performance by Lessee of the terms under this Agreement and for any damages caused by Lessee or Lessec's agents to thc Equipment during the Lease Term. Lessor may usc part or all of thc security deposit to repair any damagc to Equipmcnt caused by Lessee or Lcssee's agents. Howevcr, Lessor is not just limited to the security dcposit amount and Lessee remains liable for any balance. Lessce shall not apply or deduct any portion of any security deposit from the last or any month's rent. Lessee shall not use or apply any such security deposit at any time in lieu of payment of rent. If Lcssee breaches any terms or conditions of this Agrecment, Lessee shall forfeit any deposit, as permitted by law. 6. DELIVERY: Lessce U shall or [X-1 shall not [choose one} be responsiblc for all expenses and costs: i) at thc beginning of thc Lcase Term, of shipping the Equipment to Lessee's premises and ii) at the end of the Lease Tcrm, of shipping the Equipment back to Lessor's premises. Lessor shall deliver equipment to the Town Center Park located at 17200 Collins Avenue before April 2, 2007 at 5:00 p.m. s\\)