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OMotorola Solutions, Inc. <br />Dale', <br />API12, a01a <br />Financing proposal for: <br />City of Santa Ana, CA <br />Communications System Financing Proposal <br />Motorola Solutions Credit Company LLC <br />Is pleased to submit the following proposal for the financing of your <br />Motorola Communkstlonl solution In accordance with the term$ and eanblgans outlined below: <br />Transaction Typ a: <br />MuNdidel Lease-Purchase Agreement <br />Lesson <br />Motorola Solutions, Inc. for its Assignee) <br />Lessee: <br />City of Santa Ana, CA <br />Amount <br />$4,257,403.00 <br />Down Payment <br />$0.00 <br />Balance to Flaanco; <br />$4,257,403.00 <br />Equipment: <br />As per the Motorola equipment proposal. <br />Title: <br />Title to the equipment will vest with the Lessee. <br />Insurance: <br />Lessee will be responsible to Insure the equipment as outlined In the <br />lease apnUOCI. <br />Taxes: <br />Personal properly, miles, leasing, use, stamp, or other taxes are for the <br />account of the Lessee.. <br />Fourteen Months interest free <br />Option One Option Two <br />Lease Tenn: <br />Seven Years Ten Years <br />Payment Frequency <br />Annual Annual <br />Payment Structure: <br />Arrears Arrears <br />Lease Rate First 14 months: <br />0% 0% <br />Lease Rate remaining term: <br />3.02% 3.12% <br />Lease Factor: <br />0,153919 0.114334 <br />Lease Payment: <br />$903,808.38 $486,765.81 <br />Payment Commencement: <br />Film payment due (See Schedule B Amortization <br />14 months aher tables) <br />contract <br />axecullon. <br />Expioal <br />The stol ed interest rates are valid for all famous commenced by <br />5/10/2016 <br />otblifications: <br />Receipt of a properly executed documentation package. <br />Lessee qual lFl SS as a political subdlvislon or agency of the Slate as <br />def ned In the Internal Revenue Code of 1966. The Interest portion <br />of the Lease Payments shell be excludable from the Lessor's <br />gross Income pursuant to Section 103 of the Internal Revenue Coda. <br />Receipt of a copy of the last years audited financial statements <br />and current years budget from the Lessee, <br />This proposal should not be construed as a commitment to finance. <br />It is subject to Mal Motorola c- l committee approval. This quote <br />Is based on the general level of interest rated, prlmerlly U.S, Tress ury <br />Bills of like term maturity. Any movement In those rates in excess <br />of 10 basis points will result In the revision of this quote. <br />Documentation <br />Municipal Pqulpment Leese Purchase Agreement <br />Opinion of Counsel <br />Schedule A / Equipment List <br />Schedule B / Amortized on Schedule <br />8038G <br />UCC -1 <br />Cerfifloaki of Incumbency <br />Statement of Essential Use /Source of Funds <br />Evidence of lnsurance or Statement of Self Insurance <br />Resolution from governing hotly authorizing the execution of the Lease <br />Please feel free to contact me If there <br />are any questions or if an alternate <br />structuring is required, <br />Reliance, <br />0111 So lk <br />Motorola Customer Financing 847-538. <br />9531 <br />55A -164 <br />