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CLOSING MEMORANDUM <br />$7,052,662.00 LEASE OF APRIL 6, 2018 <br />PURSUANT TO THAT EQUIPMENT LEASE -PURCHASE AGREEMENT AND EQUIPMENT SCHEDULE <br />THERETO <br />DATED APRIL 6, 2018 <br />BETWEEN THE CITY OF SANTA ANA, AS LESSEE, AND <br />HOLMAN CAPITAL CORPORATION, AS LESSOR <br />Pre-Closins: Pre -Closing will be held at the Lessee's convenience, on or before April 6; 2018. All <br />documents will be executed and three (3) blue ink originals will be overnighted to Donald S. Keough, <br />Esquire, 600 Washington Avenue, Suite 305, Maryland 21204, for delivery no later than 9:00 am on the <br />morning of April 6, 2018 and held in trust until such time as the hires and original documents are released <br />by the Parties. Closine: (1) By wire transfer and pending receipt of original, executed Lease Documents, on <br />the moming of April 6 2018, Signature Public Funding Corp. ("SPFC," as the Assignee of Holman Capital <br />Corporation) is authorized by Lessee to transfervia wire transfer the Total Equipment Cost (as defined below) <br />to the Vendor as follows: <br />Bank Name: SienatureBank <br />ABA Number: 026013576 <br />Account Number: 1563106872 <br />Account Name: City of Santa Ana Equipment Schedule 001 <br />Attn: SPFCLeaseNo 1'? r :.`r -001 <br />(2) By wire transfer and pending receipt of original, executed Lease Documents, on the morning of <br />April 6, 2018, the SPFC is authorized by Lessee to transfer via wire transfer the Issuance Costs (as defined <br />below) to Lessor, pursuant to the wire instructions as follows: <br />Bank Name: Communitv Business Bank <br />ABA Number: 121144191 <br />Account Number: 201008281 <br />Account Name: Holman Capital Corporation <br />Counsel for each of the Parties will confirm by e-mail receipt of funds and then the release of all original <br />documents held in trust, when such funds and/or documents are in the possession of each of the Parties. <br />Sources and Uses of Funds: <br />Principal Amount of Lease $ 7,052,662.00 <br />TOTAL SOURCES $ 7,052,662.00 <br />Total Equipment Cost: $ 7,047,662.00 <br />Issuance Costs: $ 5,000.00 <br />TOTAL LEASE PROCEEDS $7,052,662.00 <br />Attest: <br />CITY OF SANTA ANA <br />Name: Raul Godinez U <br />Title: City Manager <br />55A-179 <br />