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HomeMy WebLinkAboutTFC Textron Incumbency Certificate Augusta Richmond GA DOCUMENT NAME: \ Fe \e;(.+Vorl Tncumbe\"C.,j Lc V-\-\fico-\-e.. DOCUMENT TYPE: Le'o...~ YEAR: '2Do~ BOX NUMBER: 'L-O FILE NUMBER: \',0\ \ NUMBER OF PAGES: ~ , Memo To: From: CC: Date: Re: Lena Bonner James B. Wall 01/09/04 TFC Textron Incumbency Certificate BURNSIPE,~ALl, . DANIEL, EL~ISON & REVELL. "r~ , L Lena, please have the enclosed Certificate signed and return to Tom Beck. Thanks. . Page 1 END OF MEMO JBW 1111I1,1111111111I11I" III" 1111111111111 111I11I11111111 0#1 0 022 9 6 2 A 1 0 3 5 0 TFClld ~.:~ Ii t{.]~1 Textron Financial Corporation. Subsidiary of Textron Inc. INCUMBENCY CERTIFICATE Lease No. TEl - I, ../ ~, do hereby certify that I am the duly elected or '" appointed and acting Secretary/Clerk of l'ity of AllR1U:t::l, nA a political subdivision or agency of the State of~Georeja that I have custody of the records of such entity, and that, as of the date hereof, the individuals named below are the duly elected or appointed officers of such entity holding the offices set forth opposite their respective names. I further certify that (i) the signatures set opposite their respective names and titles are their true and authentic signatures and (ii) such officers have the authority on behalf of such entity to enter into that certain equipment lease dated March 11 , 2003 , between such entity and the Lessor named therein, and to do all things which they'deem necessary on behalf of such entity in order to more completely effectuate the purposes of saicrEquipmenf Lease. NAME ../. 1S~i %L<-1/I1 Y' v'" TITLE 4~ Y' v'" ~ x IN WI1NESS~REOF. I have ~ecuted this certificate and affIxed the seal of such entity hereto this .::.--- day W1fr ' J ,I~~ . ":': ",gb.'\:.~~' . u-- ~l~M'O.~ ~ . ," . ..F.." ("'t ~. r: ,.: ~> . .:-1.' ~0;1 -Q b .I' ....'c..' ~ i'::.~ t ..... . . q ;' .:.~. ~. SEAL . I _' I ;TEXTRON ~FI~ANCIAL Lending help beyond expectations. Textron Financial Corporation Subsidiary of Textron Inc 01106/2003 Augusta Municipal Golf Course 2023 Highland A venue Augusta, GA 30906 RE: Account Number 01-001-0191986-04 lOOCDl,ereinafter referred to as 'Contract') .. ,~., '.; .., -- b"'ear Valued Customer: Thank you for financing your equipment with Textron Financial Corporation ("TFC") where Customer Service is our number one priority. We will continue to strive to make TFC The First Choice for your commercial financing. Enclosed please find a copy of the completed Contract for your review, The Contract identifies the obligations which are owed by you to TFC. The appropriate DCC financing statements have been filed on your behalf as provided for pursuant to the Contract terms. . TFC offers you two options for making payments. If you chose TFC Debit Direct, your loan or lease payments, and insurance charges (if applicable), will automatically be deducted from your checking or savings account and will be applied to your account, on time, each and every month. If you opted for monthly invoicing, you will receive an itemized invoice approximately two weeks prior to the payment due date. Keep the lower portion of the invoice for your records and kindly include the remittance portion with your check. TFC can process your payment electronically when you include the remittance portion and avoid potential delays in application to your account. In addition, please be reminded that each payment has a 10 day grace period. Payments received after 10 days are subject to a late charge which is equal to 5.00% of the past due payment. As you know, your Contract requires you to provide evidence of insurance for the equipment which you are financing. Please be advised that, in the event that.you do not provide such insurance in accordance with the Contract terms, TFC will purchase an insurance policy to cover TFC's interest in the equipment. The premium and other related fees and charges will be added to your monthly payment. The insurance policy is administered for TFC by Premier Lease and Loan Services who will be sending you ,additional infOimation about TFC's insurance policy requirements. We thank you for choosing TFC for your financing needs. If you have any questions about your account or wish to inquire about additional financing, please call our Customer Service Department at (888)832-8032. TFC also has several other operating divisions that can finance an array of capital needs including aircraft/aerospace, inventory, accounts receivable and working capital financing, machine tools, golf courses, and virtually any other business capital requirement. Sincerely, . . Proceeds Analyst . . . TFCm:rnErI I~ 1111111 I~IIIIIIIIII"IIIIIIIIIIII I IIIII"'II~IIII I III D # 1 0 0 2 226 2 A 1 1 60_ TEXTRON FINANCIAL CORPORATION TAX-EXEMPT EQUIPMENT LEASE Lease No. TEl - JOl' q~{g - 01 . - This Lease is entered into as of the date set forth below by the parties identitied below. j~ ;. OI!\." I. Lease - Subject to the terms hereof, Lessor leases to Lessee, and Lessee leases from Lessor the equipment and other personal property together with all repairs, accessions, replacements and accessories (collectively "EQUIPMENT') set forth on any Schedule or Schedule(s) which may be executed from time to time by the parties hereto and identified as II Schedule of this Lease (individually a "Schedule" and collectively the "Schedule(s)"). All Schedules shall be incorporated by reference herein and this Lease and all Schedules which may be executed pursuant hereto shall constitute a single lease of Equipment. 2. SELECTION, DELIVERY AND ACCEPTANCE - Lessee will select and take delivery of all EQUIPMENT leased hereunder directly from the EQUIPMENT'S vendor, and at locations agreed upon by the Vendor and Lessee. Lessee shall inspect the EQUIPMENT at the place of delivery, and upon acceptance execute and deliver to Lessor a Certificate of Acceptance with respect to each shipment of EQUIPMENT. For all purposes under this Lease, EQUIPMENT will be considered accepted upon execution of the Certificate of Acceptance. 3. TERMS AND RENTALS - The rental term of the EQUIPMENT shall be as provided in the applicable Schedule and shall commence on the date Lessee executes the Certificate of Acceptance therefore, and except as set forth in Section 6, below, shall terminate upon payment of all of the rent specified in any Schedule to this Lease. Lessee agrees to pay rent in the amount and at the times set forth in any Schedule to this Lease. ~ Rent shall be paid to Lessor, but if this Lease or rentals due hereunder shall be assigned, then rent shall be paid in accordance with the provisions of Section 17 below. IAtof6Bt akalllu ~aig 6ft adaft ElaliR!Jtuul.' il.atalbt.anl af feRt Rfld 3th~1 dtiU.J no... th6 d~.... d....t... wul:l .....:d ...l Lt..... HAt\.. vf ~3-'I'J t:fl~11 ~l~.aiJing 14ta ~aJ"'e"t al.al#;3, aT the kibhsBt late 16.;al1:, ~!!.ll..iaaihle, ..I.i~l.a.ef iB lea:;. Lessee agrees th:lt except as set forth in Section 4 below. its obligation to pay rent and any other sums payable hereunder, and the rights of Lessor thereto are absolute and unconditional and are not subject to any abatement, reduction, setoff, defense, counterclaim, or recoupment (collectively "Abatements") for any reason whatsoever. Except as otherwise expressly provided herein, this Lease shall not terminate nor shall the respective obligations of Lessor or Lessee be affected by reason of any defect in, or damage to, or any loss or destruction of the EQUIPMENT from any cause whatsoever, or the interference with the use thereof for any reason whatsoever. 4. NON-APPROPRIATION - In the event no funds or insufficient funds are appropriated and budgeted or are otherwise unavailable by any means whatsoever in any fiscal period for rent due hereunder, Lessee will immediately notify Lessor or its assignee of such occurrence and this Lease shall terminate on the last day of the fiscal period for which appropriations were received without penalty or expense to Lessee of any kind whatsoever, except as to the portions of the rental payments herein agreed upon for which funds shall have been appropriated and budgeted or are othelWise available. In the event of such termination, Lessee agrees to peaceably surrender possession of the EQUIPMENT to Lessor on the date of termination and that Lessor shall have all legal and equitable rights and remedies to take possession of the EQUIPMENT. Upon such termination, and at anytime thereafter, Lessor may enter any premises with or without legal process where the EQUIPMENT may be and take possession thereof. (Lessee agrees that: (i) any funds authorized or appropriated to it for the rental or acquisition of this Equipment or functionally similar equipment in any fiscal appropriation period shall be applied to the payments of rent hereunder until such funds are exhausted; (ii) it has not to date and will not in the future agree to give priority or parity to the application of such funds to the lease, hire, or acquisition of other functionally similar equipment; and (iii) it will use its best efforts to obtain authorization and appropriation of such funds including, without limitation, the inclusion in its budget for each fiscal appropriation period during the term hereof, a request for adequate funds to meet its obligation sunder this Lease in full. This provision shall not be construed to as to permit Lessee to terminate this Lease in order to acquire similar or competitive equipment from another party or manufacturer or to allocate funds to directly or indirectly perform essentially the same functions for which this EQUIPMENT is intended. Lessee warrants that it has adequate funds to meet its obligations hereunder during its current fiscal appropriation period.) 5. AUTHORITY AND AUTHORIZATION - Lessee represents, covenants and warrants, and if requested by Lessor will deliver an opinion of counsel to the effect that: (i) Lessee is a fully constituted political subdivision or agency of the State indicated below; (ii) the execution, delivery and performance by Lessee of this Lease have been duly authorized by all necessary action on the part of the Lessee; and (iii) this Lease constitutes a legal valid and binding obligation of the Lessee enforceable in accordance with its terms. Lessee agrees that: (x) it will do or cause to be done all things necessary to preserve and keep the Lease in full force and effect; (y) it has complied with all bidding requirements where necessary and by due notification presented this Lease for approval and adoption as a valid obligation on its part; and (z) it has sufficient appropriation or other funds available to pay ail amounts due hereunder for the current fiscal period. 6. PURCHASE OPTION - Upon thirty (30) days' prior wrinen notice from Lessee to Lessor, and provided the Lessee at such time or at anytime thereafter, is not in default hereunder, Lessee shall have the right to purchase all but not less than all the EQUIPMENT on the Lease Payment dates set forth in Section II to the applicable Schedule by paying to Lessor on such date, the Lease Payment then due together with the Concluding Payment amount set forth opposite such date. Upon satisfaction by Lessee of such purchase conditions, Lessor will release its security interest in the EQUIPMENT to Lessee and will wartantto Lessee that the EQUIPMENT is free and clear of any liens created by Lessor. 7. NATURE OF THIS AGREEMENT - Lessor and Lessee agree that it is their intention that the interest of Lessor in the EQUIPMENT is as a secured party, and that Lessor neither has nor will have any equity in the EQUIPMENT. The parties agree that the aggregate rent due hereunder constitutes the purchase price of the EQUIPMENT together with the interest on the unamortized amount thereof over the term of this Lease, that the installments of rent constitute principal and interest, as set forth on Section II of the applicable Schedule over the term of the Lease, that the concluding payment amounts shown thereon represent the unpaid principal amount of the purchase price of the EQUIPMENT together with applicable premium on the payment dates to which they relate and that upon the due and punctual payment of the installments of rent and other amounts due hereunder and the performance of Lessee's obligations under this Lease, Lessor's security interest in the EQUIPMENT shall be released. Lessee will at all times protect and defend, at its own cost and expense, Lessor's interest in the EQUIPMENT against all claims, liens and legal processes of creditors of Lessee and other persons, and keep the EQUIPMENT free and clear of all such claims, liens and processes. Lessee shall not, without Lessor's prior written consent, part with possession or control of the EQUIPMENT or sell, pledge, mortgage or otherwise encumber the EQUIPMENT or any part thereof or assign or encumber any interest under this Lease. 8. DISCLAIMER OF WARRANTY - Lessor may, or may not, be the manufacturer or vendor of the Equipment. Without affecting Lessor's liability, if any, as manufacturer or vendor of the Equipment, the parties agree that LESSOR IN ITS CAPACITY OF LESSOR MAKES NO REPRESENTATIQN OR WARRANTY, EITHER EXPRESS OR IMPLIED, AS TO THE DESIGN OR CONDITION OF THE EQUIPMENT, ITS MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE, OR ANY OTHER REPRESENTATION OR WARRANTY OF ANY KIND, NATURE OR DESCRIPTION WITH RESPECT TO THE EQUIPMENT. . . . 9. " e EQUIPMENT. uc fonn and amount and with insurers acceptable to Lessor. The Insurance policy shall name the Lessor at Loss Payee shall provide (lor 30 0 Ice of cancellation of non-renewal to Lessor; (ii) that such policy shall not be invalidated a ains IgnS or any VIO a the policy or Lessee's application therefore, and (iii) such ins . urance and :any other insurance covering Lessor or its assigns shall be sec of such policy. 10. LOSS OR DAMAGE TO EQUIPMENT - a. Lessee hereby assumes the entire risk of any loss, theft, damage to or destruction of the EQUIPMENT, or any part thereof, from any cause (hereinafter "Loss or Damage"): In the event. of Loss to the EQUIPMENT, Lessee shall promptly report same to the appropriate insurance companies, to Lessor, and to all concerned governmental agencies. Lessee shall not be relieved from its obligations to pay rent or to perfonn any other of its obligations under this Lease by reason of any Loss or Damage; all of Lessee's obligations shall continue in full force and effect notwithstanding such Loss or Damage. b. In the event of any Loss .or Damage, Lessee, at the sole option of Lessor, shall either: (i) promptly repair the EQUIPMENT and place it in good repair and working condition in accordance with the standards set forth in Section 15, below; or (ii) pay Lessor the Stipulated Loss Value, as hereinafter defined, within sixty (60) days of notification by Lessor that Lessor has elected to receive the Stipulated Loss Value rather than require repair of the EQUIPMENT. c. "Stipulated Loss Value" shall be (i) an amount equal to the total of all rent and any other amounts, if any, due with respect to the lease of the EQUIPMENT as of the date of payment of the Stipulated Loss Value plus (ii) the concluding payment amount shown on Schedule II for such payment date. d. Lessor shall pay any insurance proceeds received pursuant to Section 9, above, to satisfy any obligation of Lessee to Lessor hereunder and remit the balance, if any, to Lessee. ~ II. ~...' '; ",'/ levied or assesse u rest in the EQUIPMENT, upon the use or operation thereof, or 0 Ing t erefrom, and as additional sums due, shall promptly payor rem for all ta ~ ..n 0 er govemmental charges (including fees for titling and registration of the EQUIPMEN lev. alnst an on account of its interest in the EQUIPMENT or levied or assessed a . T or any part thereof, for the use or operation thereof, or tee he Lessee, or the rent 12. POSSESSION AND USE OF EQUIPMENT - Lessor covenants to Lessee that as long as Lessee shall not be in default under this Lease, Lessee may possess and use the EQUIPMENT in accordance with this Lease. 13. PERFORMANCE OF OBLIGATIONS OF LESSEE BY LESSOR .. If Lessee shall fail to promptly perfonn any of its obligations under this Lease, Lessor may, at any time thereafter, perform the same without thereby waiving the default, and any expense or liability incurred by Lessor, together with Lessee's then prevailing late payment charge or the highest lawful rate, whichever is less, shall be payable by Lessee as additional rent hereunder. 14. INSPECTION - Lessor or its agents shall have the right from time to time during reasonable business hours to enter upon Lessee's premises, or elsewhere, for the purpose of confinning the existence, condition, and proper maintenance of the EQUIPMENT. 15. OPERATION, MAINTENANCE AND MODIFICATION - Lessee shall operate, possess, and maintain the EQUIPMENT and any records pertaining thereto in compliance with all applicable Federal, state and local laws and regulations. Lessee shall not make any material alterations to the EQUIPMENT wi thoutthe prior written consent of Lessor. Lessee, shall at its own expense, maintain and keep the EQUIPMENT in good order and repair in accordance with the manufacturer's published manuals and other instructions. All parts, accessories and other personal property which are added or become attached to the EQUIPMENT shall immediately become the property of Lessor at no cost, and shall be ~~ ~J deemed incorporated in the EQUIPMENT and subject to t~e tenns ,Of this ~ase. cr property ~r resulting from or bas up ., ' . terest in the EQUIPMENT 0 r a eged selection, control, use, operation, maintenance, po.ssession, delivery or transportation or any or ENT or their location or condition or from Lessee's failure to qualify as an agency or political subdi . . identified below within em ion 103 of the Internal Revenue Code of 1986, as amend . ssee's own cost and expense, defend any and all suits which may be broug a either alone or in .. . 17. ASSIGNMENT AND SUBLEASE - Lessee shall not sell, transfer, assign, pledge or sublease, its interest in the Lease or the EQUIPMENT, without the prior written consent of Lessor. Lessor may assign this Lease and its rights hereunder in whole or in part, without Lessee's consent. 18. EVENTS OF DEFAULT - The occurrence of any other following shall, at the option of Lessor and without any notice other than provided herein, constitute an event of default under this Lease: a. Lessee fails to pay any rent or other sums due hereunder and such failure shall continue for ten (10) days. ~ b. Lessee fails to perfonn any other covenant herein and such failure continues for fifteen (15) days after written notice thereof by Lessor or Lessee. c. Lessee files a petition in bankruptcy or for reorganization or for an arrangement pursuant to the U.S. Federal Bankruptcy Act, or any similar Law. 'd. A receiver, trustee or liquidator (or other similar official) is appointed for or takes possession or charge of Lessee, substantially all of its assets, or any EQUIPMENT. e. Lessee's interest in any EQUIPMENT is levied upon or attached in any proceeding, and such process is not vacated or discharged within ninety (90) days thereafter, f. Lessee attempts to sell, transfer, encumber, sublet or part with possession of any EQUIPMENT without Lessor's prior written consent. 19. REMEDIES OF LESSOR- a. Upon the occurrence of any event of default, or at any time thereafter, Lessor, at its sole option may exercise one or more of the following remedies. (i) Lessor may tenninate this Lease upon written notice to Lessee, without prejudice to any other remedies hereunder. (ii) Lessor at any time may enter any premises with or without legal process where the EQUIPMENT May be and take possession thereof without such action constituting a termination of the Lease unless Lessor notifies Lessee in writing of such effect; or (iii) Proceed by appropriate action either at law or in equity to enforce pcrfonnance by Lessee of the applicable covenants of this Lease or to recover damages for breach thereof. 20. 21. 22. 23. .... ; ~., 24. 25. 26. b. Lessor, upon default hereunder, shall al~o be entitled to recover as liquidated damages for the loss of the bargain and not as a penalty an amount equal to the Stipulated Loss Value of the EQUIPMENT, as defined in Section 10 above, as of the date of the event of default plus interest at Lessor's then current late payment charge from the date of default to the date of pay men I. After repossession of the EQUIPMENT by Lessor, Lessor shall attempt to mitigate Lessee's damages as hereinafter provided. Lessor, in its sole discretion, shall sell or release the EQUIPMENT in a public or private transaction at which Lessor lTIay be the Purchaser and Lessor may use Lessee's premises for the foregoing without liability for rents, costs, damages, or otherwise. The proceeds of such sale or lease, ifany, shall be applied first: (i) to all of the Lessor's costs, charges and expenses incurred in taking, removing, holding, repairing and selling or leasing the EQUIPMENT; then (ii) to the event not previously paid by Lessee, to pay Lessor any damages then remaining unpaid hereunder; then (iii) to reimburse Lessee any such sums previously paid by Lessee as damages hereunder. (iv) Any surplus shall be retained by Lessor. Lessee shall pay Lessor any deficiency in (I) and (ii) within ten (J 0) days of written request for same. c. No remedy of Lessor hereunder shall be exclusive of any other remedy provided herein or by law. Each shall be cumulative and in addition to every other remedy. A waiver of default shall not be a waiver of any other or subsequent default. d. Any default on the terms of any other agreement executed between the parties (including any entity controlled by, controlling or under common control with Lessee) may be declared by Lessor to be a default under the terms of this Lease or under the terms of any other agreement between Lessee and Lessor. Any default under the terms of this Lease may be declared by Lessor to be a default under the tenns of any other agreement between Lessee and Lessor. FURTHER ASSURANCE - Lessee shall during the term hereunder hereof execute and deliver to Lessor such instruments and assurances as Lessor reasonably deems necessary for the protection of Lessor's rights hereunder. NOTICES - All notices shall be in writing and deemed delivered when posted in the U.S. Mails registered or certified, return receipt requested, to Lessor or Lessee at their respective address shown above or at any later address last known to the sender. SEVERABILITY - If any provision herein is invalid under any applicable law, such provision shall be inapplicable and deemed omitted, but the remaining provisions hereof, including default remedies, shall be given effect in accordance with the manifest intent thereof. ENTIRE AGREEMENT, NO AGENCY', TITLES - This instrument, including all appendices, constitutes the enlircAgreement between the parties. No term or provision of this Lease may be changed, waived, amended or terminate except by a written agreement signed by both parties. It is expressly agreed that no manufacturer or other third party is authorized to act as an agent or on behalf of the Lessor. The titles of the Sections of this Lease are for convenience only and shall not define or limit any of the terms or provisions hereof. FINANCING STATEI\-IENTS - At Lessor's request, Lessee will join Lessor in executing any necessary or appropriate Financing Statements. A photographic copy of this Lease may be filed as a financing statement under the Uniform Commercial Code. JURISDICTION, APPLICABLE LAW - Any dispute arising out of this /.-ease not otherwise settled amicably shall be adjudicated in the courts of general jurisdiction and the laws of the State indicated below. G~ J& /:tJ.J ~/f ~". TITLE - Title to the EQUIPMENT shall pass to and vest in Lessec upon the comr1l:encement of the term of the Ua{e. - &ssor, however, shall retain a security interest in the EQUIPMENT until Lessee shall have made all the payments required hereunder and shall have kept and performed all the agreements it has made herein, notwithstanding the possession and use of the EQUIPMENT by Lessee as herein provided. Lessee hereby grants a security interest in the Equipment described in the Schedules hereto and its proceeds to secure the performance and payment of all obligations and indebtedness of whatever kind and whenever created, either direct or indirect, absolute or contingent, primary, or secondary, due or to become due and whether now existing or hereafter arising and howsoever evidenced or acquired, whether joint or several, or joint and several, of Lessee owing to Lessor (including but not limited to all of Lessee's obligations under this Lease) or any other affiliate of Lessor (all of which may be hereinafter collectively referred to as the "Obligations"); and Lessee hereby agrees that the extent to which Lessor is entitled to purchase money priority for its security interest in such Equipment shall be determined by reference to the total rental amount owing, if any, with respect to such Equipment under the relevant Schedule at the time of any such determination. . . IN WITNESS WHEREOF, the Lessor and Lessee have each caused this Lease to be duly executed. This Lease is executed as of Dee 1 7 ,2002 . LESSOR: LESSEE: Name: By: Name & Ti Name: 'F ~BY: Name & Title: Address: An Agency of Political Subdivision of the State of GA Address 2023 Highland Avenue Augusta, GA 30906 EZGO0047 (02/01) . . TFCiiD:i:mm Textron Financial Corporation II IIJ j II' II Ilm11JlJ1ll1li1lJ1IiI1 I 11I1 Illlllllfllllll D # 1 0 0 2 2 2 6 2 A 1 1 60_ SCHEDULE TO TAX-EXEMPT EQUIPMENT LEASE DATED 12/17/02 Lease No. TE1~O J Schedule No oom?J Purchase Order No. Vendor Reference No. Section I 1. Description of Leased Equipment ("Equipment"): 55ea E-Z-GO TXT-E ~". '. .. '4 ., fl'j 2. Location of Equipment Augusta Municipal Golf Course 2023 Highland Avenue, Augusta,GA 30906 3. This Schedule is subject to the following addendums: Addendum A. Payment Schedule, Rider No.1 - Tax Indemnity IRS.8038.G Information Return for Tax-Exempt GovermentaJ Obligations . Section II Total Principal: $ Total Interest: $ Total Payments: $ Monthly Payment Date: $146,324.20 $13,331.71 $159,655.91 15th Payment Schedule: See Addendum "A" enclosed. Spadallnstructions The Principal portion of each monthly payment is shown under the "Principal Paid" column; and the interest portion is shown under the "Interesl Paid" column. Concluding payments are shown undar the "Balance RemainIng' By: LESSEE: . ei~ Agu ~: Print Name Print Title Documentation Manager .Print Title . Recreation and Parks' Tom F. Beck,Jr., Director Robert Howard, Assistant Director 2027 Lumpkin Road P.O. Box 5605 Augusta, GA 30916-5605 (706) 796-5025 - office (706) 796-4099 - fax www.augustaga.gov December 11, 2003 Memo: TO: Ms. Lena Bonner, Oerk of G:mmnssion /J2 Tom Beck, Recreation and Parks DirectorV 0 FROM: I have enclosed a document in need of your signature from TIC Textron pertaining to our golf cart lease approved by the Mayor and Commission on December 17, 2002. Please keep a copy for the lease file and send the original back to me for further handling. Thank you.