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Home My WebLink AboutEnterprise Leasing - Master Equity Lease Agreement - 7/18/2022nterprise FLEET MANAGEMENT Open -End (Equity) Lease Rate Quote Quote No: 6551702 Prepared For: Unit # Year Series Vehicle Order Type City of Waterloo, Iowa Leibold, Joe 2022 Make Ford Model F-150 XLT 4x4 SuperCrew Cab 5.5 ft. box 145 in. WB Ordered Term 12 State IA Customer# 599335 Date 07/12/2022 AE/AM BG2 $ 55,042.40 $ 0.00 $ 230.00 $ 0.00 $ 200.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 * Tax on Incentive ( Taxable Incentive Total : $0.00 ) Capitalized Price of Vehicle f * One -Time Registration Fee on Leased Vehicles 0.0000% State IA * Initial License Fee Registration Fee Other:Courtesy Delivery Fee Capitalized Price Reduction Tax on Capitalized Price Reduction Gain Applied From Prior Unit * Tax on Gain On Prior Security Deposit $ 55,242.40 $ 690.53 $ 342.11 $ 1,032.64 All language and acknowledgments contained in the signed quote apply to all vehicles that are ordered under this signed quote. Order Information Driver Name Exterior Color (0 P) Stone Gray Metallic Interior Color (0 I) Black w/Medium Dark Slate w/Cloth 40/20 Lic. Plate Type Unknown GVWR 0 Total Capitalized Amount (Delivered Price) Depreciation Reserve @ 1.2500% Monthly Lease Charge (Based on Interest Rate - Subject to a Floor)2 Total Monthly Rental Excluding Additional Services Additional Fleet Management Master Policy Enrollment Fees $ 0.00 Commercial Automobile Liability Enrollment Liability Limit $0.00 $ 0.00 Physical Damage Management Comp/Coll Deductible 0 / 0 $ 0.00 Full Maintenance Program 3 Contract Miles 0 OverMileage Charge $ 0.0000 Per Mile Incl: # Brake Sets (1 set = 1 Axle) 0 # Tires 0 Loaner Vehicle Not Included $ 0.00 Additional Services SubTotal $ 0.00 Use Tax 5.0000% State IA $ 1,032.64 $ 46,956.04 $ 400.00 Total Monthly Rental Including Additional Services Reduced Book Value at 12 Months Service Charge Due at Lease Termination Quote based on estimated annual mileage of 10,000 (Current market and vehicle conditions may also affect value of vehicle) (Quote is Subject to Customer's Credit Approval) Notes Quantity: 23 Enterprise FM Trust will be the owner of the vehicle covered by this Quote. Enterprise FM Trust (not Enterprise Fleet Management) will be the Lessor of such vehicle under the Master Open - End (Equity) Lease Agreement and shall have all rights and obligations of the Lessor under the Master Open - End (Equity) Lease Agreement with respect to such vehicle. Lessee must maintain insurance coverage on the vehicle as set forth in Section 11 of the Master Open -End (Equity) Lease Agreement until the vehicle is sold. ALL TAX AND LICENSE FEES TO BE BILLED TO LESSEE AS THEY OCCUR. Lessee hereby authorizes this vehicle order, agrees to lease the vehicle on the terms set forth herein and in the Master Equity Lease Agreement and agrees that Lessor shall have the right to collect damages in the event Lessee fails or refuses to accept delivery of the ordered vehicle. Lessee certifies that it intends that more than 50% of the use of the vehicle is to be in a trade or business of the Lessee. LESSEE City of Waterloo, Iowa BY 61AttAJiln, %ktV% TITLE Mayor DATE July 19, 2022 * INDICATES ITEMS TO BE BILLED ON DELIVERY. 1 Capitalized Price of Vehicle May be Adjusted to Reflect Final Manufacturer's Invoice. Lessee Hereby Assigns to Lessor anyManufacturer Rebates And/Or Manufacturer Incentives Intended for the Lessee, Which Rebates And/Or Incentives Have Been UsedBy Lessor to Reduce the Capitalized Price of the Vehicle. 2 Monthly Lease Charge Will Be Adjusted to Reflect the Interest Rate on the Delivery Date (Subject to a Floor). 3 The inclusion herein of references to maintenance fees/services are solely for the administrative convenience of Lessee. Notwithstanding the inclusion of such references in this [Invoice/Schedule/Quote], all such maintenance services are to be performed by Enterprise Fleet Management, Inc., and all such maintenance fees are payable by Lessee solely for the account of Enterprise Fleet Management, Inc., pursuant to that certain separate [Maintenance Agreement] entered into by and between Lessee and Enterprise Fleet Management, Inc.; provided that such maintenance fees are being billed by Enterprise FM Trust, and are payable at the direction Printed On 07/12/2022 03:06:41 PM Page 1 of 6 enterprise FLEET MANAGEMENT Open -End (Equity) Lease Rate Quote Quote No: 6551702 of Enterprise FM Trust, solely as an authorized agent for collection on behalf of Enterprise Fleet Management, Inc. Printed On 07/12/2022 03:06:41 PM Page 2 of 6 nterprise FLEET MANAGEMENT Open -End (Equity) Lease Rate Quote Quote No: 6551702 VEHICLE INFORMATION: 2022 Ford F-150 XLT 4x4 SuperCrew Cab 5.5 ft. box 145 in. WB - US Series ID: W1E Pricing Summary: Base Vehicle Total Options Destination Charge Total Price INVOICE MSRP $44,857 $47,975.00 $3,332.00 $3,660.00 $1,795.00 $1,795.00 $49,984.00 $53,430.00 SELECTED COLOR: Exterior: Interior: D1-(0 P) Stone Gray Metallic MS-(0 I) Black w/Medium Dark Slate w/Cloth 40/20/40 Front Seat SELECTED OPTIONS: CODE DESCRIPTION INVOICE MSRP 145WB 145" Wheelbase STD STD 153 Front License Plate Bracket NC NC 18B Black Platform Running Boards $228.00 $250.00 301A Equipment Group 301A Mid $1,120.00 $1,230.00 44G Transmission: Electronic 10-Speed Automatic Included Included 50X Connected Navigation & SiriusXM w/360L Removal $-182.00 $-200.00 524_ SYNC 4 w/Enhanced Voice Recognition Included Included 53B Class IV Trailer Hitch Receiver Included Included 582 Radio: AM/FM SiriusXM w/360L Included Included 61K SecuriCode Drivers Side Keyless -Entry Keypad Included Included 64F Wheels: 17" Silver Painted Aluminum Included Included 8INCH 8" Productivity Screen in Instrument Cluster Included Included 91 P_ 8-Way Power Driver's Seat w/Power Lumbar Included Included 942 Daytime Running Lamps $41.00 $45.00 995 Engine: 5.0L V8 $2,125.00 $2,335.00 D1_01 (0 P) Stone Gray Metallic NC NC DZTEMP Dual Zone Electronic Automatic Temperature Control Included Included LTHWHL Leather -Wrapped Steering Wheel Included Included M Cloth 40/20/40 Front Seat Included Included MS_01 (0 I) Black w/Medium Dark Slate w/Cloth 40/20/40 Front Seat NC NC NNGV6 GVWR: 7,050 Ibs Payload Package Included Included PAINT Monotone Paint Application STD STD PNTTBLO1 Paint Table : Monotone Paint Application $0.00 $0.00 REARVW Auto -Dimming Rearview Mirror Included Included RSEAT Rear Under -Seat Storage Included Included STDTR Tires: 265/70R17 BSW A/T Included Included WARANT Fleet Customer Powertrain Limited Warranty NC NC X27 3.31 Axle Ratio Included Included Printed On 07/12/2022 03:06:41 PM Page 3 of 6 CONFIGURED FEATURES: Body Exterior Features: Number Of Doors 4 Rear Cargo Door Type: tailgate Driver And Passenger Mirror: power remote heated manual folding side -view door mirrors Running Boards: running boards Door Handles: black Front And Rear Bumpers: chrome front and rear bumpers with body -coloured rub strip Rear Step Bumper: rear step bumper Front Tow Hooks: 2 front tow hooks Front License Plate Bracket: front license plate bracket Box Style: regular Body Material: aluminum body material : class IV trailering with harness, hitch Grille: black w/chrome surround grille Convenience Features: Air Conditioning automatic dual -zone front air conditioning Air Filter: air filter Voice Activated A/C: voice activated air conditioning Cruise Control: cruise control with steering wheel controls Power Windows: power windows with driver and passenger 1-touch down Remote Keyless Entry: keyfob (all doors) remote keyless entry Illuminated Entry: illuminated entry Key Pad: keypad locking Integrated Key Remote: integrated key/remote Auto Locking: auto -locking doors Remote Engine Start: remote engine start - smart device only (subscription required) Steering Wheel: steering wheel with manual tilting, manual telescoping Day -Night Rearview Mirror: day -night rearview mirror Auto -dimming Rearview Mirror: auto -dimming rearview mirror Driver and Passenger Vanity Mirror: driver and passenger -side visor mirrors Emergency SOS: SYNC 4 911 Assist emergency communication system Navigation System: SYNC 4 Connected Navigation navigation system with voice activation Front Cupholder: front and rear cupholders Overhead Console: mini overhead console with storage Glove Box: locking glove box Driver Door Bin: driver and passenger door bins Rear Door Bins: rear door bins Seatback Storage Pockets: 2 seatback storage pockets Dashboard Storage: dashboard storage Interior Concealed Storage: interior concealed storage IP Storage: bin instrument -panel storage Front Underseat Storage Tray: locking front underseat storage tray Rear Underseat Storage Tray: rear underseat storage tray Retained Accessory Power: retained accessory power Power Accessory Outlet: 1 12V DC power outlet Entertainment Features: radio SiriusXM with 360L AM/FM/Satellite with seek -scan Radio Data System: radio data system Voice Activated Radio: voice activated radio Speed Sensitive Volume: speed -sensitive volume Steering Wheel Radio Controls: steering -wheel mounted audio controls Speakers: 7 speakers Internet Access: FordPass Connect 4G internet access 1st Row LCD: 2 1st row LCD monitor Wireless Connectivity: wireless phone connectivity Antenna: fixed antenna Printed On 07/12/2022 03:06:41 PM Page 4 of 6 Lighting, Visibility and Instrumentation Features: Headlamp Type delay -off aero-composite halogen headlamps Auto -Dimming Headlights: Ford Co-Pilot360 - Auto High Beam auto high -beam headlights Front Fog Lights: front fog lights Cab Clearance Lights: cargo bed light Front Wipers: variable intermittent wipers Rear Window Defroster: rear window defroster Tinted Windows: deep -tinted windows Dome Light: dome light with fade Front Reading Lights: front and rear reading lights Variable IP Lighting: variable instrument panel lighting Display Type: digital/analog appearance Tachometer: tachometer Voltometer: voltmeter Compass: compass Exterior Temp: outside -temperature display Low Tire Pressure Warning: tire specific low -tire -pressure warning Park Distance Control: Reverse Sensing System rear parking sensors Trip Odometer: trip odometer Lane Departure Warning: lane departure Blind Spot Sensor: blind spot Front Pedestrian Braking: pedestrian detection Forward Collision Alert: forward collision Oil Pressure Gauge: oil pressure gauge Water Temp Gauge: water temp. gauge Transmission Oil Temp Gauge: transmission oil temp. gauge Clock: in -radio display clock Rear Vision Camera: rear vision camera Oil Pressure Warning: oil -pressure warning Water Temp Warning: water -temp. warning Battery Warning: battery warning Lights On Warning: lights -on warning Key in Ignition Warning: key -in -ignition warning Low Fuel Warning: low -fuel warning Low Washer Fluid Warning: low -washer -fluid warning Door Ajar Warning: door -ajar warning Brake Fluid Warning: brake -fluid warning Safety And Security: ABS four-wheel ABS brakes Number of ABS Channels: 4 ABS channels Brake Assistance: brake assist Brake Type: four-wheel disc brakes Vented Disc Brakes: front and rear ventilated disc brakes Daytime Running Lights: daytime running lights Spare Tire Type: full-size spare tire Spare Tire Mount: underbody mounted spare tire w/crankdown Driver Front Impact Airbag: driver and passenger front -impact airbags Driver Side Airbag: seat -mounted driver and passenger side -impact airbags Overhead Airbag: Safety Canopy System curtain 1st and 2nd row overhead airbag Occupancy Sensor: front passenger airbag occupancy sensor Height Adjustable Seatbelts: height adjustable front seatbelts Seatbelt Pretensioners: front seatbelt pre-tensioners 3Point Rear Centre Seatbelt: 3 point rear centre seatbelt Side Impact Bars: side -impact bars Perimeter Under Vehicle Lights: remote activated perimeter/approach lights Tailgate/Rear Door Lock Type: tailgate/rear door lock included with power door locks Rear Child Safety Locks: rear child safety locks Ignition Disable: SecuriLock immobilizer Security System: security system Printed On 07/12/2022 03:06:41 PM Page 5 of 6 Panic Alarm: panic alarm Electronic Stability: electronic stability stability control with anti -roll Traction Control: ABS and driveline traction control Front and Rear Headrests: manual adjustable front head restraints Rear Headrest Control: 3 rear head restraints Seats And Trim: Seating Capacity max. seating capacity of 6 Front Bucket Seats: front split -bench 40-20-40 seats Number of Driver Seat Adjustments: 8-way driver and passenger seat adjustments Reclining Driver Seat: power reclining driver and manual reclining passenger seats Driver Lumbar: power 2-way driver and passenger lumbar support Driver Height Adjustment: power height -adjustable driver and passenger seats Driver Fore/Aft: power driver and passenger fore/aft adjustment Driver Cushion Tilt: power driver and passenger cushion tilt Front Centre Armrest Storage: front centre armrest with storage Rear Seat Type: rear 60-40 split -bench seat Rear Folding Position: rear seat fold -up cushion Leather Upholstery: cloth front and rear seat upholstery Headliner Material: full cloth headliner Floor Covering: full carpet floor covering Cabback Insulator: cabback insulator Dashboard Console Insert, Door Panel Insert Combination: metal -look instrument panel insert, door panel insert, console insert Shift Knob Trim: urethane shift knob LeatherSteeringWheel: leather/metal-look steering wheel Floor Mats: carpet front and rear floor mats Interior Accents: chrome/metal-look interior accents Standard Engine: Engine 400-hp, 5.0-liter V-8 (regular gas) Standard Transmission: Transmission 10-speed automatic w/ OD and PowerShift automatic Printed On 07/12/2022 03:06:41 PM Page 6 of 6