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Home My WebLink AboutEZ Dock - 4/30/2018PURCHASE AGREEMENT This Purchase Agreement (this "Agreement") is entered into as of the 20th day of April 2018, (the "Effective Date') by and between EZ Dock Inc. located at 878 E US Highway 60 Monett, MO 65708 ("Seller") and City of Waterloo Leisure Services located at 1101 Campbell Ave, Waterloo, IA 50701 ("Buyer"). Each Seller and Buyer may be referred to in this Agreement individually as a "Party" and collectively as the "Parties." WHEREAS, Seller owns certain items of Property, as defined below, and Sellerdesires to sell such Property under the terms and conditions set forth in this Agreement; and WHEREAS, Buyer desires to purchase the Property offered for sale by Seller under the terms and conditions set forth in this Agreement. NOW THEREFORE, in consideration of the mutual promises and for other good and valuable consideration exchanged by the Parties as set forth in this Agreement, the Parties, intending to be legally bound, hereby mutually agrees as follows: 1. Sale of Property. Seller agrees to sell, transfer and assign, and Buyer agrees to purchase, the personal property described below and in the documents attached as Exhibit A (the "Property"): Floating Dock and accessories 2. Purchase Price. Buyer will pay to Seller for the Property and for all obligations specified in this Agreement, if any, as the full and complete purchase price including any applicable sales tax, the sum of $ $43,318.70 USD (the "Purchase Price"). 3. Payment. Payment of the Purchase Price will be made by Buyer with NET 30 -day terms. 4. Taxes. Buyer will be responsible for filing all required sales and use tax returns in connection with the transfer of the Property. Buyer will also pay all required sales and use taxes and any other transfer costs and expenses that arise as a result of the transfer of the Property. Seller will pay all personal property taxes associated with ownership of the Property and accrued for the period ending on the Effective Date and Buyer will pay all such personal property taxes that accrue thereafter. 5. Delivery. Buyer will be entitled to take possession of the Property with a minimum lead time of four weeks from time of order. 6. Seller's Representations. Seller represents and warrants that he/she has good and marketable title to the Property and full authority to sell the Property. Seller also represents that the Property is sold free and clear of all liens, indebtedness, or liabilities. Buyer may request a Bill of Sale from the Seller for the Property. Seller makes no other representations or warranties concerning the Property, which is being sold and assigned "as is," and without any warranty of'merchantability or fitness for a particular purpose. Seller expressly disclaims any representations or warranties as to the value, condition, or functionality of the Property or its suitability for any particular purpose and Buyer will have no recourse against Seller for the Property. Exhibit A EZ Dock of the. Midwest, LLC 2397 Old Zi n3brala St. Red Wing,N4N 55066 I Vaador I P7 D,wk, W. P.O. Onx MVIS DOW, IX 7.5720.47.18 Purchase Order Dale P.O. No. 01017118 P(M5171 sR1p ra City ar Weted"n wm'm Sowlcee Altn; Pr4lik NiO.1, 1101 CampWI A,u Wvmdoo, IA 50761 Rom Description Qty Rate customer Amount FG206010 GSA PRICING-20601660"%1'2a"DOCK ]2 1,326.69 WATERLOO_. 26,987.18 ..Mri ION FF307100 GSA PRICING, 301100 COUPLER 38"1' 126 4762 WAIT111M ... $.496.12 FGN0700 GSA PRICING -100700 S7"ANDAILD•DV'IY 6 195.12 WAIERL00,..• 1,17072 S'UFF-ARM BRACKET FG800695-15 G$A PRICING- 80009545 Y' POSTSLCEVC 6 88.74 WATERLOO,.- 532,16 PGR STIFF ARM FG121025 GSA PRICING• 1210252718' x 21' 6 150.04 WATERLOO,... 900.24 GALVANIZED PITC FG80005-30 GSA PRICING -MOM -30 3-172"POS T 6 86.41 WATEPRLOG.... 518.46 SLUVE FOR STIFF ARM 1;OI18035 GSA PWc7NG• 1180353-M"x19' 3 2.56.92 WATFIRLOG..,- 769.76 GALVANIZED PIPE FG100036 GSA PRICING-IC00363-1l2"PIPE. CAP 6 8.70 WA7'GRLOO, ... 19.80 F0020M60 GSA PRICING -G200460 ALUMINUM 1 360140 WATERLOO, ... 360.40 C3ANOtVAY TO 60" FLOAT ITINGE KIT F003ISIM OSA PRRCIN0,D31105205' x 2( i' ALUMINOM L 0,432A.3 \VATF10,00— 74.92.118 GANGWAY 1VITTI RAILINGS FG0200550 GSA PRICING -G2005501RAN31 CION PLATE: 1 595.:39 WATERLOO,... 595.39 FOR Y ALUMINUM GANGWAY FG208110 GSA I9LIONO-'208110$UPPLF,MGNTAL 2 141.26 WATEIU.00,... 28652 FLOATPQD FG300100 GSA PRICING• 300100 NYLON CLEAT 11 10.89 WATERLOO.— 119.79 5010m1 41,218.70 F,,I&L Funn Facauy(nnr m exentJ) I 2,100.00 WRITiRI.GG,_, 2,100.00 GSA P&kft ----------------- Total Contract # GS -07F -0271V 543,318.70