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01-26-2022 Council Packet
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01-26-2022 Council Packet
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EM‐111 <br />5 <br />EXHIBIT A – PURCHASE PAYMENT TERMS & CONDITIONS <br />MacQueen Equipment, LLC <br />1125 7th Street East <br />St. Paul, MN 55106 <br />Customer Name City of Little Canada Date January 17, 2022 <br />Quantity Chassis Type Body Type Price per Unit <br /> 1 Velocity 110' Ascendant Platform $1,369,922.00* <br />*Sourcewell Consortium Pricing, Member ID 178272. <br />PERFORMANCE BOND: Included in the contract price. <br />100% PREPAYMENT OPTION: DUE AT CONTRACT EXECUTION TO BE APPLICABLE. <br />If 100% prepayment is made with contract, deduct $38,048.00 from contract price. <br />Payment due with contract is $1,331,874.00. Initial here to accept: . <br />50% PREPAYMENT OPTION: DUE AT CONTRACT EXECUTION TO BE APPLICABLE. <br />If 50% prepayment of $675,449.00 is made with contract, deduct $19,024.00 from contract price. <br />Initial here to accept: . <br />This contract is available for inter‐local and other municipal corporations to utilize with the option of adding or <br />deleting any Company available options, including chassis models. Any addition or deletion may affect the unit price. <br />“PAYMENT TERMS” <br />100% of contract price or any balance is due prior to vehicle(s) release at the Pierce Manufacturing Plant <br />(Appleton, WI). <br />“TAXES” <br />Federal, State, and Local Taxes are not included in the contract price. <br />“LATE PAYMENT” <br />A late fee of .033% of the sale price will be charged per day for overdue payments beginning ten (10) days <br />after the payment is due for the first thirty (30) days. The late fee increases to .044% per day until the <br />payment is received. <br /> [NOTE: If deferred payment arrangements are required, the Customer must make such financial arrangements through a financial institution acceptable <br />to MacQueen.] All taxes, excises and levies that MacQueen may be required to pay or collect by reason of any present or future law or by any <br />governmental authority based upon the sale, purchase, delivery, storage, processing, use, consumption, or transportation of the Product sold by <br />MacQueen to the Customer shall be for the account of the Customer and shall be added to the Purchase Price. All delivery prices or prices with freight <br />allowance are based upon prevailing freight rates and, in the event of any increase or decrease in such rates, the prices on all unshipped Product will be <br />increased or decreased accordingly. Delinquent payments shall be subject to a carrying charge of 1.5 percent (1.5%) per month or such lesser amount <br />permitted by law. MacQueen will not be required to accept payment other than as set forth in this Agreement. However, to avoid a late charge assessment <br />in the event of a dispute caused by a substantial nonconformance with material Specifications (other than freight), the Customer may withhold up to five <br />percent (5%) of the Purchase Price until such time that MacQueen substantially remedies the nonconformance with material Specifications, but no longer <br />than sixty (60) days after Delivery. If the disputed amount is the freight charge, the Customer may withhold only the amount of the freight charge until <br />the dispute is settled, but no longer than sixty (60) days after Delivery. MacQueen shall have and retain a purchase money security interest in all goods <br />and products now or hereafter sold to the Customer by MacQueen or any of its affiliated companies to secure payment of the Purchase Price for all such <br />goods and products. In the event of nonpayment by the Customer of any debt, obligation or liability now or hereafter incurred or owing by the Customer <br />to MacQueen, MacQueen shall have and may exercise all rights and remedies of a secured party under Article 9 of the Uniform Commercial Code (UCC) <br />as adopted by the state of Minnesota. <br />THIS PURCHASE DETAIL FORM IS EXPRESSLY SUBJECT TO THE PURCHASE AGREEMENT TERMS AND CONDITIONS DATED <br />AS OF January 17, 2022 BETWEEN MACQUEEN AND City of Little Canada (customer) WHICH TERMS AND CONDITIONS <br />ARE HEREBY INCORPORATED IN, AND MADE PART OF, THIS PURCHASE DETAIL FORM AS THOUGH EACH PROVISION WERE <br />SEPARATELY SET FORTH HEREIN, EXCEPT TO THE EXTENT OTHERWISE STATED OR SUPPLEMENTED BY MACQUEEN <br />HEREIN. <br />Is Customer Name and Address listed on page 2 to be used on Certificate of Origin (CO)? Yes No <br />If not, please provide correct name and address to be listed on CO. ____________________________________ <br />_____________________________________________________________________________________________ <br />Is there a lienholder? Yes No <br />If yes, please provide lienholder information. _______________________________________________________ <br />_____________________________________________________________________________________________
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