Farmersville DISCOVER ATEXAS TREASURE FARMERSVILLE CITY COUNCIL REGULAR SESSION AGENDA June 11, 2024, 6:00 P.M. Council Chambers, City Hall 205 S. Main Street WATCH THE LIVE BROADCAST This meeting will be broadcast live through the City's website and by telephone. Members of the public who wish to watch this meeting, and not speak or participate in the discussion, may watch the live broadcast by 1. Going to the City's website; 2. Clicking on GOVERNMENT; 3. Clicking on AGENDAS AND MINUTES"; 4. Clicking on the "click here" link that is located to the right of "LIVE STREAMING." I. PRELIMINARY MATTERS Announcements Call to Order, Roll Call, Prayer, and Pledge of Allegiance Calendar of upcoming holidays and meetings. I. PUBLIC COMMENT ON AGENDA ITEMS (FOR NON-PUBLIC HEARING Ify you wish to address the City Council on a posted item on this agenda, please fill out a 'Speaker Sign-Up" card and present it to the City Secretary before the meeting begins. Pursuant to Section 551.007 oft the Texas Government Code, any person wishing to address the City Council for items listed as public hearings will be recognized when the public hearing is opened. Speakers wishing to address the City Council regarding any non-public hearing item on this agenda shall have a time limit of up to three (3) minutes per speaker, per agenda item. The Mayor may reduce the speaker time limit uniformly to accommodate the number of AGENDA ITEMS) speakers or improve meeting efficiency. City Council Agenda June 11, 2024 III. CITIZEN COMMENTS ON MATTERS NOT ON AGENDA If you wish to address the City Council on a matter not posted on this agenda, please fill out a " Speaker Sign-Up" card and present it to the City Secretary before the meeting begins. Speakers shall have a time limit of three (3) minutes. This meeting segment is limited to a total of thirty (30) minutes. IV. CONSENT AGENDA Items int the Consent Agenda consist ofnon-controversial, or "housekeeping" items required by law. Council members may request prior to a motion and vote on the Consent Agenda that one or more items be withdrawn from the Consent Agenda and considered individually. Following approval of the Consent Agenda, excepting the items requested to be removed, the City Council will consider and act on each item SO withdrawn individually. B. Fire Department Report NFORMATIONAL ITEMS A. City Council Minutes (Regular Meeting 05-28-24) V. These Informational Items are intended solely to keep the City Council appraised of the actions and efforts of the various boards and commissions serving the City of Farmersville. Council members who serve as a liaison to a particular board or commission may report to the City Council regarding that body's most recent and/or upcoming meetings and activities. Council members may also discuss andlor request further information or clarification regarding any one or more of the items contained in this provision. City Council approval of, or action on, these items is not required or requested. No action shall be taken on any discussion under this Agenda Heading. Matters that require City Council action or approval which are discussed hereunder shall only be considered and approved or acted on if such matter is included as a separate item in the Consideration and discussion regarding the following matters, minutes and reports, which consideration and discussion may also include or pertain to individual items and projects set forth in such matters, minutes and reports, as well as related background information and plans for future completion, performance or resolution as may be necessary to understand such individual items and Consent Agenda or the Regular Agenda. projects and the City's related operation: A. City Amenities Board 1. Possible Council Liaison Report 1. Possible Council Liaison. Report B. Farmersville Community Development Board (Type B) City Council Agenda June 11, 2024 C. FEDC Farmersville Economic Development Board (Type A) 1. Possible council Liaison Report D. Parks & Recreation Board 1. Possible council Liaison Report E. Planning & Zoning Commission 1. Possible Council Liaison Report 1. Possible Council Liaison Report F. TIRZ Board VI. PUBLIC HEARINGS ANDIOR ORDINANCES A. Consider, discuss, and act upon Ordinance No. 0-2024-0611-001 the Fiscal Year 2023-2024 Budget for Items regarding the CDBG Community amending Development Fund Grant for Davis Street and Rike Street. VII. REGULARAGENDA A. Consider and discuss an update oft the Welford School Project and the Juneteenth Weekend Kickoff set for. June 22, 2024, presented by Kristi Mondy, Vice President, B. Consider, discuss and act upon an update regarding Code Enforcement in the of Farmersville presented by Tiffany Barber, Code Enforcement Official. C. Consider all matters incident and related to approving and authorizing the execution of a Project Contract with the Board of Directors of the Tax Increment Financing Reinvestment Zone Number One, City of Farmersville, Texas, the adoption of a resolution, R-2024-0611-001), pertaining thereto. D. Consider, discuss and act upon a contract approving the purchase of a new: 2024 420 Backhoe Loader for the Public Works Department and approving the execution of aLease-Purchase Agreement for the purchase of said equipment. E. Consider, discuss and act upon appointments and reappointments of Councilmembers as liaisons to the City of Farmersville Boards and Commissions. City F. Consider, discuss and act upon appointments and reappointments of members to G. Update and discussion regarding items related to J.W. Spain Complex. oft the Welford School Project Committee. City including various City of Farmersville Boards and Commissions. VIII. EXECUTIVE SESSION - Discussion of matters permitted by the following sections of Texas Government Code Chapter 551: A. Section 551.072. Deliberations about Real Property: 1. Proposed acquisition by TxDOT of approximately 1.163 acres of land at Southlake Park. City Council Agenda June 11,2024 IX. ACTION REGARDING ITEMS DISCUSSED IN EXECUTIVE SESSION A. Consider, discuss and act upon Ordinance No. 0-2024-0528-001 the conveyance of approximately 1.163 acres of land across the northern regarding boundary of Southlake Park to TxDOT for a controlled-access freeway. X. ITEMS TO BE PLACED ON FUTURE AGENDAS XI. ADJOURNMENT Dated this 6th day of. June 2024. GsDpk Craig Overstreet, Mayor The City Council reserves the right to adjour into Executive Session at time Work: Session, Special or Regular Sessiona agenda item requiring confidential, any during the course oft this meeting to discuss any or discussion of said items (as needed) listed on the agenda, as authorized attorney/client: advise necessitated: by the deliberation 6151orF Fax 972-782-6604 atl least two (2) working days, priort tot the meeting sot that should contact the City Secretary at 972-782- I,the undersigned authority, do hereby certify that this Notice of Meeting was posted manner çonvenient and readily accessible to the general public at all times, place and said Notice was posted June6,2024, by 5:30 P.M. and remained sO posted continuously "Consultation with Attorney, Closed Meeting". by Texas Government code Section 551.071(a) appropriate arrangements cank be made. Handicap Persons with disabilities who plan toa attend this meeting and who may needa assistance Parking is available int the front and rear parking lot oft the building. the regular posting place of the City Hall building for Farmersville, least 7hours proceedingt the scheduled time of said meeting. in and at Texas, in a FARMEA Tabatha Monk Dh City Secretary 8VG3L City Council Agenda June 11,2024 . Preliminary Matters 3 - 2 3 S o 9 a . 5 2 8 0 2 1 - o 2 N 3 < 3 3 o o 2 5 ( II. Public Comment on agenda items (FOR NON- PUBLIC HEARING AGENDA ITEMS) III. CITIZENS COMMENTS ON ITEMS NOT ON THE AGENDA IV. CONSENT AGENDA Agenda Section Consent Agenda Section Number IV.A.. Subject To From Date Attachment(s) CC Minutes 05-28-24 Mayor and Council Members Ben White, City Manager June 11,2024 Minutes Related Link(s) itp/www.farmersvletx.comlgovennment'agendas and minutes/cit ycouncil meetings.php City Council discussion as required. Motion/second/vote Approve Approve with Updates Disapprove Approve Disapprove Move item to another agenda. Nor motion, no action Consideration and Discussion Action Motion/secondvote to continue to a later date. Farmersville DISCOVER A TEXAS TREASURE FARMERSVILLE CITY COUNCIL REGULAR SESSION MINUTES May 28, 2024, 6:00 P.M. Council Chambers, City Hall 205 S. Main Street I. PRELIMINARY MATTERS Mayor Overstreet called the meeting to order at 6:00 p.m. Council members Coleman Strickland, Terry, Williams, Ted Wagner; Mike Henry and Lance Hudson were in attendance. City staff members in attendance were City Manager, Ben White, City Secretary, Tabatha Monk; Finance Director, Daphne Hamlin, Police Chief, Marsha Phillips; Fire Chief Greg Massey (as well as members of the Farmersville FD), Warrant Officer, Rick Ranspot, Code Enforcement Official, Prayer was led by Code Enforcement Official, Tiffany Barber and the pledges Mayor Overstreet announced some days of interest on the City calendar, an Open House on Thursday, May 30th @6:00 -7:30 p.m. for the Farmersville Parks Master Plan and encouraged residents to come and share their ideas. He also brough attention to 2 City holiday closing days: June 19th for Juneteenth Freedom Day and July 4th for Independence Day. Mayor Overstreet also made note that Mayor Overstreet read into the record a Proclamation honoring Dr. Houston Larry Lane for his 48 years of dedicated service to Farmersville and the Tiffany Barber and City Attorney, Alan Lathrom. to the United States and Texas flags were led by Mayor Overstreet. Audie Murphy Day will be celebrated June 14th and 15th. surrounding cities and wishing him well in retirement. PUBLIC COMMENT ON AGENDA ITEMS (FOR NON-PUBLIC HEARING AGENDAI No one spoke under this item. City Council Minutes May 28, 2024 III. CITIZEN COMMENTS ON MATTERS NOT ON AGENDA Darrell Rose spoke regarding concerns caused by storm drainage/trash on his property and 2 other neighbors properties caused by Lakehaven. Kristi Mondy spoke regarding an update of the Wellford School Project and letting everyone know of the upcoming Wellford School Project Kickoff on Saturday, June 22nd from 10:00 a.m. - 1:00 p.m. IV. CONSENT AGENDA Items in the Consent Agenda consist of non-controversial, or' housekeeping" items required by law. Council members may request prior to a motion and vote on the Consent Agenda that one or more items be withdrawn from the Consent Agenda and considered individually. Following approval of the Consent Agenda, excepting the items requested to be removed, the City Council will consider and act on each item sO withdrawn individually. A. City Council Minutes (Special Meeting 05-14-2024) B. City Council Minutes (Regular Meeting 5-14-24) C. Finance Report D. Public Works Report E. City Manager Report Councilmember Henry requested items C and E (Finance Report and City Mayor Overstreet requested item D (Public Works Report) be pulled for Councilmember Strickland made a motion to approve items A and B (Special and Regular Meeting 05-14-24 Minutes). Councilmember Henry seconded the motion to approve. The motion was carried unanimously (5-0). Manager Report) be pulled for discussion. discussion. After discussion, Councilmember Henry made a motion to approve items C, D, and E (Finance Report, Public Works Report and City Manager Report). Councilmember Hudson seconded the motion to approve. The motion was carried unanimously (5-0). V. NFORMATIONAL ITEMS These Informational Items are intended solely to keep the City Council appraised of the actions and efforts of the various boards and commissions serving the City of Farmersville. Council members who serve as a liaison to a particular board or City Council Minutes May 28, 2024 commission may report to the City Council regarding that body's most recent and/or upcoming meetings and activities. Council members may also deliberate and/or request further information or clarification regarding any one or more oft the items contained in this provision. City Council approval of, or action on, these items is not required or requested. No action shall be taken on any discussion under this Agenda Heading. Matters that require City Council action shall be considered and acted on only if an item related thereto is included in the Consent Agenda Consideration and discussion regarding the following matters, minutes and reports, which consideration and discussion may also include or pertain to individual items and projects set forth in such matters, minutes and reports, as well as related background information and plans for future completion, performance or resolution as may be necessary to understand such individual items and projects and the City's or the Regular Agenda. related operation: A. City Amenities Board Possible Council Liaison Report: (Councilmember Wagner advised no Possible Council Liaison Report: Councilmember Henry advised no meeting.) meeting.) B. Farmersville Community Development Board (Type B) C. FEDC Farmersville Economic Development Board (Type A) Councilmember Williams advised no meeting.) D. Parks & Recreation Board Possible Council Liaison Report: Councilmember Strickland advised no meeting but did give a public service announcement regarding the upcoming Open House Parks Master Plan meeting on Thursday, May 30th @6:00 p.m. Possible Council Liaison Report: Councilmember Hudson advised he was unable to make the meeting. The board did have a quorum and the items that were on the P&Z agenda are on tonight's City Council Agenda.) Possible Council Liaison Report: Councilmember Strickland advised there to 7:30 p.m. in the Council Chamber of City Hall.) E. Planning & Zoning Commission F. TIRZ Board was no meeting.) VI. PUBLIC HEARNINGS AND/OR ORDINANCES A. "Consider, discuss and act upon Ordinance, 0-2024-0528-001, regarding TxDot obtaining 1.163 acres of land at Southlake Park." Mayor Overstreet read the Ordinance into record. City Council Minutes May 28, 2024 Mayor Overstreet opened the public hearing at 6:29 p.m. No one came forward to speak either for or against this item. Mayor Overstreet closed the public hearing at 6:29 p.m. Mr. White updated the Council regarding this item. Councilmember Henry stated he knows TxDOT offered fair market value of the property but is the City able to negotiate that as well as the terms of the contract, or as iti is a government entity are we told we have to take what Mr. White advised we will approach that after this public hearing process has been completed. Mr. Whtie will cover that with the Council at a future meeting, and yes, we are allowed to talk about those things. they will give? No action was taken. VII. REGULAR AGENDA A. "Consider, discuss and act upon a acltues/Development Agreement between Block 20 Apartments and the City of Farmersville." Mr. White updated the Council on this item. David Brown, the developer of this project, spoke before the Council on this Councilmember Henry asked Mr. Brown, after approval what is his Mr. Brown advised he is ready to turn in his Final Plat. Mr. Brown stated he does not know the review time frame sO would have to defer to Mr. White on Jacob Dupuis, City Engineer, spoke before the Council and advised for next steps they would hold a preconstruction meeting to facilitate onsite improvements, which would also include offsite improvements. Mr. Dupuis did also remind that Council that according to our City ordinances we are not allowed to file a Final Plat until after all public infrastructure is completed. Mr. Lathrom advised that one thing the facilities agreement does is allow the Final Plat to move forward before all the improvements are completed based upon receipt of the performance bond that assures that those improvements will be made. Mr. Lathom advised this is standard procedure under the City's Councilmember Henry made a motion to approve the Facilities Agreement. Councilmember Wagner seconded the motion to approve the Facilities item. estimated start time on this project. that. Subdivision regulations. Agreement. The motion was carried unanimously (5-0). City Council Minutes May 28, 2024 B. "Consider, discuss and act upon a Final Plat for Woodards Addition Phase 1 Mr. White updated the Council on this item. He advised the P&Z board unanimously approved this item at their meeting and there is a letter Mayor Overstreet confirmed this item tonight is only regarding Lot 6 and Lot Councilmember Henry advised his question is that on the plat Lob 6 looks Councilmember Henry advised the numbers for the lots are not adding up Councilmember Henry made a motion to deny this item until accurate calculations are presented to the Council. Councilmember Hudson seconded the motion to deny. The motion was carried unanimously (5-0). located at Buckskin/Houston, Farmersville, Texas." recommending approval from the City Engineer. 7of Phase 1. to be zoned SF3 and Lot 7 looks to be zoned SF2. Mr. Dupuis advised they are both SF2 zoned. consistently for SF2. C. "Consider, discuss and act upon a Site Plan for Farmersville Market Center II Mayor Overstreet advised the Council does have a recommendation of approval letter from Dunnaway as well as the survey and a recommendation from the Planning and Zoning Commission for approval. Councilmember Henry confirmed that the location of this is between O'Reilly's Auto and the gas pumps at Brookshires. Mayor Overstreet confirmed with the City Engineer that this property is commercial and is also located within the Highway Commercial Overlay Mr. Dupuis confirmed there is a shared entrance to this property with O'Reilly's as well as another shared entrance on the south side. Councilmember Williams made a motion to approve the Site Plan. Councilmember Strickland seconded the motion to approve. McDonalds, Farmersville, Texas." District. The motion passed unanimously (5-0). D. "Consider, discuss and act upon information regarding CDBG Community Mr. White requested that we delay this item until after item F has been E. "Consider and discuss a Presentation of TDA Form A1024 CDBG Section 3 Goals and Concepts as related to the CDBG Program and Grant Contract Number Development Fund Grant for Davis and Rike Street." discussed. CDV21-0422." Mrs. Monk updated the City Councl regarding this item. City Council Minutes May 28, 2024 The Council was briefed that this presentation (TDA Form A1024 CDBG Section 3: Goals and Concepts as related to CDBG Program) was part of this The Councl acknowledged they did receive this information in their Council packets as well and they all read and acknowledged the contents. grant requirement process. No action was taken. F. "Consider, discuss and act upon the City of Farmersville receiving 2 bids for construction of TxCDBG Rike Street Improvement Project CDV21-0422, and City Council to consider awarding the lowest bidder to Anchor Contracting LLC for $587,690.00 for the base bid plus additional alternate items 1-7. Mr. Dupuis spoke to the Council regarding this item. Mr. White advised the 1st bid item would cover Davis Steet south to Houston Street. The 2nd part of this covers Davis Street north of Murchison Street. Mr. Dupuis stated there was a base bid amount of $383,352.00; adding alternate bid $204,608.00; brings total project amount to $587,690.00. The total allowable construction funds for TDA are $328,400.00 grant funds are $275,900.00 and a city match fund of $52,5000.00. After talking with Ben, the engineers would like to recommend, if the Council is open to it, awarding the total project of $587,690.00. The total the City would be responsible for would be $311,790.00 with the $52,500.00 that was previously allocated as match funds and an additional $275,900.00 of what we are calling overage funds. Mr. Dupuis advised they have worked with Anchor Contracting in the City of Josephine, and they have good results from then, sO they feel this contractor has the experience and ability for this project. He also advised this project came down in cost from the first bid they submitted, and this is more in line with what they are seeing for cost of these road projects. The timeline per the grant is construction nearing completion is October to November 2024 and the grant contract period ends January 2025. Mayor Overstreet confirmed that this would be a 3-inch flex base and 6-inch Mr. Dupuis advised curb and gutter with concrete approaches to the City's Mr. White is recommending that between this year's budget and next year's Mr. Lathrom advised that the agreement may need to be tweaked a bit sO that we have a fiscal funding out clause in there and that we have the funds allocated in accordance with requirements of state law, because of asphalt and there will be curbs. right-of-way line along that roadway. budget we do the base bid item and the add alternate bid. constitutional limitations. City Council Minutes May 28, 2024 D. Continuation of "Consider, discuss and act upon information regarding CDBG Community Development Fund Grant for Davis and Rike Street." Mayor Overstreet adjourned the Council into Executive Session at 7:01 p.m. to discuss section VII. REGULAR AGENDA items D, E and F of the City Council agenda in accordance with Section 551.071 of the Texas Local Government Code to receive legal advice from the attorney. Mayor Overstreet reconvened from Executive Sesson at 7:06 p.m. Councilmember Henry made a motion to award the contract to Anchor Contracting LLC. In the amount of $587,690.00 contingent upon a budget amendment at the next Council meeting allocating those funds sO we meet the requirements of the state. Councilmember Hudson seconded the motion. The motion passed unanimously (5-0). G. "Consider, discuss and act upon a contract approving the purchase of a new 2024 Caterpillar 302. 7-07CR Hydraulic Excavator for the Public Works Department and approving the execution of a Lease-Purchase Agreement for the purchase of said equipment. Mr. White updated the Council regarding this item. Daphne Hamlin, Finance Director, advised the Council this equipment will be covered under the City of Farmersville insurance policy and the City will not Mayor Overstreet asked for clarity what this piece of equipment will be used Mr. White advised this will be used by the electrical department if they are in a backyard situation. It is also used in tight quarters situations, small sewer and water situations where space is very tight or limited. This would not be used on streets unless they are working on a water or sewer issue underneath the Councilmember Henry made a motion to approve the ease/purchase of the buy the insurance from Caterpillar. for. street. Caterpillar 302 7-07CR Hydraulic Excavator. The motion passed unanimously (5-0). Councilmember Wagner seconded the motion to approve. H. "Consider, discuss and act upon appointments and reappointments of members to various City of Farmersville Boards and Commissions." Doug Laube was appointed to the Economic Development Corporation Board Mat Crowder and Randy Rice were reappointed to the Economic Development Corporation Board for a second term. Councilmember Strickland seconded the motion. (4A). Councilmember Henry made a motion to appoint these 4A board members. City Council Minutes May 28, 2024 The motion passed unanimously (5-0). Corporation Board (4B). Wagner as a no vote. Board (4B) for her first full term. Tonya Fox and Dean Johnson were nominated for Community Development Councilmember Henry made a motion to appoint Tonya Fox to the 4B board. The vote to approve Tonya Fox passed 4-1 with Councimember Robin Edwards was reappointed to the Community Development Corporation Steve Caspari, President of the CDC came forward and advised Aaron Destefano is eligible for 1 more term as when he came to the board, he came in to fill someone's unexpired term, therefore, he eligible for 1 more term. Mrs. Monk will verify this information and bring this back to the next City Mike Mayo and Chris Simons were appointed to the Building and Property Casey Hart and Justin Bates were appointed for a second term to the Building Councilmember Henry made a motion to appoint the Building and Property Council meeting. Standards Board. and Property Standards Board. Standards Board members. Councilmember Hudson seconded the motion. The motion passed unanimously (5-0). Nor nominations for the Planning and Zoning Commission at this time as there Adam White can continue to serve on the commission until a replacement has Janie Torres and Darla Coburn were both appointed to serve 2nd terms for the Councilmember Henry made a motion to appoint these Amenities Boards are no applications that were turned in for this commission. been found. City Amenities Board. Mary Sue Wells was appointed to the City Amenities Board. members. Councilmember Wagner seconded the motion. The motion passed unanimously (5-0). The Parks and Recreation Board will be assigned at a future meeting after interviews with the applicants have taken place. (Applicants: Rebecca Stephens, Lynn McCrary, Dean Johnson and Cheynne Ostrum). Jim Foy was reappointed for a second term on the Tax Increment Councilmember Henry made a motion to reappoint Jim Foy to the TIRZ Reinvestment Zone Board. board. City Council Minutes May 28, 2024 Councilmember Hudson seconded the motion. The motion was approved unanimously 5-0). will be reappointed to the TIRZ Board. Mrs. Monk was given direction to contact Collin County and see if Chris Hill We will not be appointing positions to the Historical Preservation Board at this Councilmember: Henry made a motion to appoint Craig Overstreet to the Northeast Texas Trails Board,Councimbmer Williams seconded the motion. Councilmember Henry made a motion to reappoint Benny Mondy to the time. The motion passed unanimously (5-0). Texoma Housing Partners Board. Councilmember Wagner seconded the motion. The motion passed unanimously (5-0). "Update and discussion regarding drainage improvements at J.W. Spain Mr. White updated the Council regarding this item and advised them iti is recommended to place a retaining wall. A timeline to finish this would be June Mayor Overstreet advised there are many needs for Spain Complex, but the most critical need is to get the fields in playing order by the fall. Complex." 6th. Mr. Dupuis spoke to the Council regarding this item. No action was taken. J. "Consider, discuss and act upon safety concerns regarding the Farmersville Mr. White updated the Council regarding this item. He advised the project Mr. White advised the orange netting is still up at this time. He advised the Council to bring this item back at a future meeting when we get the recommendation from the museum board on finishing the entrance area. Mr. White is waiting for one more letter indicating the safety of the Heritage Heritage Museum." was installed meeting all the safety requirements. Museum. No action was taken. VIII. ITEMS TOE BE PLACED ON FUTURE AGENDAS Councilmember Hudson: Update regarding Code Enforcement items. Councilmember Wagner: Request update on Code Enforcement issues such as Councilmember Williams: Request information from Code Enforcement as well. abandoned buildings, permits, high grass, etc. City Council Minutes May 28, 2024 IX. ADJOURNMENT Mayor Overstreet adjourned the meeting at 7:54 p.m. APPROVE: Craig Overstreet, Mayor ATTEST: Tabatha Monk, City Secretary City Council Minutes May 28, 2024 Agenda Section Consent Agenda Section Number IV.B.. Subject To From Date Attachment(s) FD Report Mayor and Council Members Ben White, City Manager June 11,2024 FD Report Related Link(s) ntip/www.farmersvletxcom/govennmentlagendas and minutes/cit ycouncil meetings.php City Council discussion as required. Motion/secondvote Approve Approve with Updates Disapprove Approve Disapprove Move item to another agenda. No motion, no action Consideration and Discussion Action Motion/secondvote to continue to a later date. Farmersville Fire Department May 2024 Report - - May Calls for Service-175 City-115 County-57 Mutual Aid-4 Year To Date total for 2024-772 Volunteer hours spent training and at station not answering calls forservice. A- Shift 496 Hours from7 Volunteers B- Shift 598 Hours from 8 Volunteers - Shift 430 Hours from 4 Volunteers DEPARTMEN 6 - 2 B 6 8 e 6 13 8 o 0 B Count of Incident Responses Station Station 1 Shift AShift Unit Name FVEN12 FVCH1 FVCH2 FVRS12 FVBR11 FVTN11 FVRS12 FVEN12 FVRS12 FVCH1 FVCH2 FVBR11 FVEN12 FVCH1 FVRS12 FVBR11 FVCH2 FVBR12 FVRS12 Count of Incidents 2024 50 10 10 9 2 1 1 32 12 10 4 1 48 9 8 8 5 1 173 2 175 Administration BShift CShift Station 1 Total Station 2 (Lake Haven) Grand' Total BShift 1/1 D 3 a D 1 D D - E D 6 a 8 eso E Total Record Volume By Incident Type Custom V May1,2024 May3 31,2024 V 33% FIRE Percentagec ofT Total 10 incidents 67% EMS Percentage ofTotal Incidents 175 INCIDENTS InSelectedT Times Slice 31 DAYS inSelectedT Times Slce B V MA MW May2 May4 May6 May8 May10 May12 May14 May16 May18 May20 May22 May24 May26 May28 May30 Jan'24 % Rows %Columns Feb'24 9All Mar24 Apr Counts (11)Structure Firé (14)N Natural vegetation fire (32) Emergency incident (41) Combustible/f. spills &l leaks (44)E Electrical wiring/equipm. problem (50) Service call, other (51)Personin distress (52)Water problem (55)Public service assistance (56) Unauthorized burning (60)G Good intent call, other (61) Dispatched and canceled enroute (70)F False alarm and faise call, other (73)Systemo or detector malfunction (74) Unintentional system/detect.. operation (no fire) Week Ending 5/5/24 5/12/24 5/19/24 5/26/24 6/2/24 6/9/24 6/16/24 6/23/24 6/30/24 7/7/24 7/14/24 7/21/24 7/28/24 Total 3 medical service (EMS) 17 26 28 31 16 118 2 5 13 3 3 2 2 11 5 2 2 3 Page 1of2 Week Ending 5/5/24 5/12/24 5/19/24 5/26/24 6/2/24 6/9/24 6/16/24 6/23/24 6/30/24 77124 7114/24 7/21/24 7/28/24 Total (90) Speclal typeor Incident other UNK Total 3 24 42 36 3 2 175 28 Page 2of2 D 1 D a e - E u N 8 U 8 1:8 : N :d8 S de 6 C E 1 N - 3 - : :8 00 - S Mutual'Aid Received Number 24088221 24089956 Incident TF Appara... IncidentType Aided Agency Aided Agency Incident Number NIA NIA NIA NIA NIA NIA Code 111 111 561 561 561 322 C-181 E-181 C-181 C-182 E-181 E-181 NIA NIA NIA NIA NIA NIA 24099014 1/1 MutualAldGiven Number 24088079 24088518 24092421 24108750 Incident TF Appara... Incident Type Aided Agency Aided Agency Incident Number NIA NIA NIA NIA Code 321 611 611 143 C-181 E-181 E-181 C-181 Princeton FD Lavon FD Blue Ridge FD Josephine 1/1 D à E 9 3 W 3NB e eso 33% FIRE Percentage-ofTotal 10 incidents 67% EMS Percentageo of Total Incidents 175 INCIDENTS InSelectedT Times Slice 31 DAYS InSelected Times Slice 0 Station Report Custom V May1 1,2024 May3 31, 2024 V - V NAV M May2 May4 May6 May8 May1 10 May12 May14 Mayl 16 May18 May20 May22 May24 May26 May28 May30 Mar'24 Counts Station1 Station 2(Lake Haven) Total % Rows 9Columns 23 41 24 9All 36 45 28 28 Week Ending 5/5/24 5/12/24 5/19/24 5/26/24 6/2/24 6/9/24 6/16/24 6/23/24 6/30/24 7/7/24 7/14/24 7/21/24 7/28/24 Total 173 2 175 Page 1of1 eso ) Average First Apparatus Travel Time Custom V May1 1, 2024 May 31,2024 V 04:59 MM:SS AverageF First Apparatus Travell Time 05:40 09:50 MM:SS 9OthPercentiler First ApparatusT Travell Time 31 DAVS InSelectedT Time Slice 162 INCIDENTS InSelectedT Times Slice 00:00 05:00 03:20 01:40 May2 May4 May6 May8 May10 May12 May14 May16 May18 May20 May22 May24 May May28 May30 Jan'24 % Rows Feb'24 %Al Mar'24 Apr24 Counts % Columns Week Ending 5/5/24 5/12/24 5/19/24 5/26/24 6/2/24 6/9/24 6/16/24 6/23/24 6/30/24 7/7/24 7/14/24 7/21/24 7/28/24 Total 00:00-03:59 11 13 14 21 12 71 66 15 04:00-07:59 7 08:00-11:59 12:00-15:59 1 16:00-29:59 30:00-1:29:59 Total Exceptions 20 15 17 4 2 4 7 3 23 37 24 162 13 Page 1of1 h eso B EAIRLAAALSICTAN Time Custom V May1,2 2024 May31,2024 V 00:46 MM:SS AverageF First ApparatusT Turnout Tme 02:19 01:40 MM:SS 90thF PercentileFirst ApparatusT Turnout 01:15 Time 31 DAYS InSelectedT Times Slice 170 INCIDENTS InSelectedT Times Slice 00:00 02:05 00:50 00:25 V - May2 May4 May6 May8 May10 May12 May14 May16 May18 May20 May22 May24 May26 May28 May30 Jan/24 %F Rows %0 Columns Feb24 9AIl Mar'24 Apr:24 Counts Week Ending 5/5/24 5/12/24 5/19/24 5/26/24 6/2/24 6/9/24 6/16/24 6/23/24 6/30/24 717/24 7/14/24 7/21/24 7/28/24 Total 00:00-00:29 17 30 19 21 11 98 16 18 16 15 7 170 5 00:30-00:59 01:00-01:29 6 7 3 6 3 3 2 2 3 3 02:00-02:59 2 03:00-04:59 05:00-09:59 Total Exceptions 24 39 26 Page 1of1 eso EB Average Turnout Time ByApparatus Custom V May1 1,2024 May31,2024 V 00:48 MM:SS Average Turnoutl Time 67% OfResponses TurnoutT TimesoIco 170 Incldents InSelectedT Times Slice 31 DAYS InSelectedT Times Slice Counts FVBR11 FVBR12 FVCH1 FVCH2 FVEN12 FVRS12 FVTN11 Total Exceptions FVTN11 FVBA12 FVEN12 FVRS12 FVCH1 FVCH2 FVBR11 00:20 00:40 01:00 01:20 01:40 02:00 02:20 02:40 03:00 03:20 03:40 %F Rows %Columns 9All 00:00-00:29 00:30- 00:59 01:00-01:29 01:30-01:59 02:00-02:59 03:00-04:59 05:00-09:59 Total 10 29 19 125 30 215 10 25 16 59 19 129 10 16 15 3 20 18 2 22 16 18 Page 1of1 n S 5 S R W 3 B e 8 0 3 D S a S W A % B S - 3 S S 6 8 8 8 8 8 b N e o 8 8 8 8 8 o o N 2 DB N 5 5 9541955 3 o S Q n a a 5 3 D o 3 3 - E a 6 E u a 6 E o & E & - 3 : 2 I e U e - o 8 8 3 U 4 a 8 - V e 6 9 6 3 0O 5 h U D a 3 W a 8 8 8 00 0 6 N D E S 0 N B DE & 0 I 8 - I 8 I - S a 0O a 5 5 I a B V.I INFORMATIONAL ITEMS VI. PUBLIC HEARING AND/OR ORDINANCES Agenda Section Public Hearings and Ordinances Section Number VI.A. Subject To From Date Attachment(s) Ordinance 0-2024-0611-001 Budget Adjustment Davis/Rike Street Mayor and Council Members Ben White, City Manager June 11, 2024 Ordinance Related Link(s) ntp/www.armersyletx.comgovermentagendas and minutes/cit ycouncil meetings.php City Council discussion as required. Motion/second/vote Approve Approve with Updates Disapprove - Approve Disapprove Move item to another agenda. No motion, no action Consideration and Discussion Action Motion/secondiote to continue to a later date. CITY OF FARMERSVILLE ORDINANCE#0-2024-0611-001 AN ORDINANCE AMENDING THE BUDGET FOR THE FISCAL YEAR 2023 - 2024 IN ACCORDANCE WITH EXISTING STATUTORY REQUIREMENTS, APPROPRIATING THE VARIOUS AMOUNTS HEREIN; REPEALING ALL PRIOR ORDINANCES AND ACTIONS IN CONFLICT HEREWITH; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Farmersville, Texas is a Home-Rule Municipality located in Collin County, possessing the full power of local self-government pursuant to Article XI, Section 5 of the Texas Constitution, Section 51.072 of Texas Local Government Code, and its WHEREAS, the City Manager of the City of Farmersville has reviewed the budget that was adopted by the City Council for the Fiscal Year 2023 - 2024 ("Budget"); and WHEREAS, the City Manager of the City of Farmersville believes the Budget requires certain amendments and has submitted to the Mayor and the City Council proposed amendment(s) to the Budget regarding the revenues and expenditures of conducting the affairs of said City, and providing a complete financial plan for the Fiscal Year 2023 - WHEREAS, the City Council has determined that it is in the best interest of the City to amend the Fiscal Year 2023 - 2024 budget to adopt the proposed amendment to the Budget regarding the City's funding component of the CDBG Community Development Fund Grant for Rike Street and Davis Street Repairs as more particularly identified in Exhibit "A," attached hereto and incorporated herein by reference for all purposes allowed NOW THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF Home Rule Charter; and 2024; and, by law. FARMERSVILLE, TEXAS, THAT: SECTION 1. INCORPORATION OF FINDINGS The findings set forth above are found to be true and correct legislative and factual determinations of the City of Farmersville and are hereby approved and incorporated into the body of this Ordinance and made a part hereof for all purposes as if fully set forth herein. SECTION 2. BUDGET AMENDMENT ADOPTION From and after the effective date of this Ordinance, the amendments to the budget of the revenues and expenditures for the Fiscal Year 2023 = 2024 that are attached hereto as Exhibit "A" and incorporated herein by reference are hereby adopted and the budget for Fiscal Year 2023 - 2024 is hereby accordingly sO amended with all other provisions of ORDINANCE # 0-2024-0611-001 Page 1 the Budget remaining the same and the amended budget for Fiscal Year 2023 2 2024 being hereby adopted. SECTION 3. SEVERABILITY Itis hereby declared to be the intention of the City Council that the several provisions of this Ordinance are severable, and if any court of competent jurisdiction shall judge any provisions of this Ordinance to be illegal, invalid, or unenforceable, such judgment shall not affect any other provisions of this Ordinance which are not specifically designated as being illegal, invalid or unenforceable. SECTION 4. REPEALER This Ordinance shall be cumulative of all other Ordinances, resolutions, and/or policies of the City, whether written or otherwise, and shall not repeal any of the provisions of those ordinances except in those instances where the provisions of those ordinances are indirect conflict with the provisions oft this Ordinance. Any and all ordinances, resolutions, and/or policies of the City, whether written or otherwise, which are in any manner in conflict with or inconsistent with this Ordinance shall be and are hereby repealed to the extent of such conflict and/or inconsistency. SECTION 5. ENGROSSMENT AND ENROLLMENT The City Secretary of the City of Farmersville is hereby directed to engross and enroll this Ordinance by copying the exact Caption and the Effective Date clause in the minutes of the City Council of the City of Farmersville and by filing this Ordinance in the Ordinance records of the City. SECTION 6. SAVINGS All rights and remedies of the City of Farmersville are expressly saved as to any and all violations of the provisions of any Ordinances which have accrued at the time of the effective date of this Ordinance; and, as to such accrued violations and all pending litigation, both civil and criminal, whether pending in court or not, under such Ordinances, same shall not be affected by this Ordinance but may be prosecuted until final disposition by the courts. SECTION 7. EFFECTIVE DATE This Ordinance shall take effect immediately upon its adoption and publication in accordance with and as provided by Texas law. [Continued on following page.] ORDINANCE # 0-2024-0611-001 Page2 PASSED on first and only reading on the 11th day of June 2024 at a properly scheduled meeting of the City Council of the City of Farmersville, Texas, there being a quorum present, and approved by the Mayor on the date set out below. APPROVED THIS 11th DAY OF JUNE 2024. Craig Overstreet, Mayor ATTEST: Tabatha Monk City Secretary ORDINANCE # 0-2024-0611-001 Page 3 EXHIBIT "A" Amendments to Fiscal Year 2023 - 2024 Budget [See following attachment.] ORDINANCE: # 0-2024-0611-001 Page 4 FY2023- 2024 (Budget Amendment (4) (06-11-2024) REVENUES $ 4,564,636 $ 275,900 INTERFUND TRANSFERSIN (OUT) 1,726,595 PROJECTEDE BEGINNING FUNDE BALANCE $ 1,191,575 PROPOSEDE ENDING FUNDE BALANCE 879,220 NMENTALI FUNDS GeneralF Fund Revenue: TXCDBG Rike Street Grant Expenses: Capitallmproyement: Streets( (100.34.6831.000) Engineering Fee(100.346218.000) Grantworks/ Aministration! Fe-l.100.12.6210,00) GeneralF Fund Budget Amend. (4) $ EXPENDITURES $ 6,603,586 461,360 49,100 25,000 7,139,046 1,191,575 $ 4,840,536 1,726,595 619,660 VII. REGULAR AGENDA Agenda Section Regular Agenda Section Number VII. A. Subject To From Date Attachment(s) Related Link(s) Consideration and Discussion Action Update Wellford School Projectuneteenth Weekend Kickoff Mayor and Council Members Ben White, City Manager June 11, 2024 Save the Date Motion/secondvote Approve Approve with Updates Disapprove - Approve - Disapprove Move item to another agenda. Nor motion, no action Motion/secondvote to continue to a later date. VU - 1V Welford School Project Juneteenth Weekend Kickoff!!! Saturday -June 22, 2024 10am to 1pm Location: Mt. Calvary Baptist Church Parking Area 508 S. Hamilton St., Farmersville, TX75442 Agenda Section Regular Agenda Section Number VII. B. Subject To From Date Attachment(s) Related Link(s) Consideration and Discussion Action Code Enforcement Update Mayor and Council Members Ben White, City Manager June 11, 2024 Documents Motion/secondvote Approve Approve with Updates Disapprove Approve - Disapprove Move item to another agenda. No motion, no action Motion/second/vote to continue to a later date. Code Enforcement Report Presented 11 June 2024 Identified Substandard Structures Municipal Court Cases 12 5 3 5 1 1 1 1 Building & Property Standard Commission Cases Pendings since: 2021 City Ordered Abatements Public. Assistances: Grass Permit Vehicle Trash/Rubbish Animals Updated 6/6/24 2024 Code Enforcement Case Report Jan 1 2 2 9 10 2 1 Feb 1 0 0 14 6 3 Mar 4 2 1 Apr May June 11 17 Grass/Weeds Trailer/Truck (1T Ton) RVI Trailer Junked Vehicle Abandoned Vehicle Trash/Rubbish Tires Fence Violation Ilegal Dumping Garage Sale Permit Substandard Building Standards Parking on Unimproved: Surface Work w/o Permit Sign Tree Limbs Building Violation Boat Food Truck Pool Unsafe Structure Home Occupation Mosquito Prevention' Violation Nuisance Squatters Public Assists Lighting Accessory Building Monthly Total Cases 1 1 1 1 1 2 12 1 1 1 6 1 1 2 5 1 1 1 1 1 1 1 41 22 19 41 5 4 1 28 10 18 28 34 90 4 31 22 6 16 22 26 68 23 8 15 23 32 113 OPEN CLOSED! MONTHTOTAL To Date Total Open To Date Total Close Updated 6/6/24 Number of Actions n 0 6 6 S e o A : BEBE6 s - - 8 & o 0 - Se f 8 8 d8 & 8 de 0 & 8 à 6 8 3 Agenda Section Regular Agenda Section Number VII. C. Subject To From Date Attachment(s) Related Link(s) Consideration and Discussion Action Resolution R-2024-0611-001 TIRZ Mayor and Council Members Ben White, City Manager June 11, 2024 Documents and Resolution Motion/second/vote Approve Approve with Updates Disapprove Approve Disapprove Move item to another agenda. No motion, no action Motion/second/vote to continue to a later date. A RESOLUTION approving and authorizing the execution of a Project Contract with the Board of Directors of the Tax Increment Financing Reinvestment Zone Number One, City of Farmersville, Texas. WHEREAS, the City Council of the City of Farmersville, Texas (the "City"), has determined that certificates of obligation should be issued under and pursuant to the provisions of Texas Local Government Code, Subchapter C of Chapter 271 (the Obligations"), for the purpose of paying contractual obligations to be incurred for the construction of public works, to wit: constructing, resurfacing and improving various streets, roads, overpasses, bridges, and thoroughfares, including drainage, landscaping, curbs, gutters, sidewalks, entryways, signage, lighting, utility line relocations and traffic signalization incidental thereto and the acquisition of WHEREAS, the Board of Directors of the Tax Increment Financing Reinvestment Zone Number One, City of Farmersville, Texas (the "TIRZ") has agreed to pay the costs of such Project by remitting to the City from the receipts from the tax increment zone revenues received by the TIRZ an amount sufficient to pay the principal of and interest on such Certificates; and WHEREAS, a Project Contract by and between the TIRZ and the City (substantially in the form and content attached hereto as Exhibit A) has been submitted to the City Council for land and rights-of-way therefor (collectively, the Project"); and approval and execution; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FARMERSVILLE, TEXAS: The Project Contract by and between the TIRZ and the City (substantially in the form and content of Exhibit A attached hereto, together with such changes or revisions as the Mayor deems necessary, including providing in Exhibit A the final debt retirement schedule for the Obligations) is hereby authorized to be executed by the Mayor or Mayor Pro Tem for and on behalf oft the City and as the act and deed oft this Council. PASSED AND ADOPTED, this June 11, 2024. CITY OF FARMERSVILLE, TEXAS Mayor ATTEST: City Secretary (City Seal) 201715147./101238612 EXHIBIT, A PROJECT CONTRACT 201715147./1001238612 A-1 PROJECT CONTRACT THIS PROJECT CONTRACT ("Contract") executed by and between the City of Farmersville, Texas (the "City"), a municipality created, existing and organized under the laws of the State of Texas and the Board of Directors oft the Tax Increment Financing Reinvestment Zone No. 1, City of Farmersville, Texas (the "Board"). WITNESSETH WHEREAS, pursuant to the provisions of the Tax Code, Chapter 311, as amended (the "Act"), and pursuant to an ordinance adopted on December 19, 2011 by the City Council (the "Council") of the City of Farmersville, Texas (the "City"), the City created a reinvestment zone known as Tax Increment Financing Reinvestment Zone Number One, City of Farmersville (the WHEREAS, the Board and the City previously approved and adopted a project plan (the "Project Plan") and finance plan (the "Finance Plan") for the Zone, including amendments thereto; and the Project, as defined herein, is a project as provided for in the Project Plan and Financing "Zone"); and Plan; NOW, THEREFORE, in consideration of the covenants and agreements herein made, and Section 1. DEFINITIONS AND INCORPORATION OF PREAMBLES. The terms and expressions used in this Contract, unless the context shows clearly otherwise, shall have meanings set forth herein, including terms defined in the preambles hereto, which preambles are Section 2. FINANCING OF PROJECT. The parties agree and understand the costs oft the construction of public works, to wit: constructing, resurfacing and improving various streets, roads, overpasses, bridges, and thoroughfares, including drainage, landscaping, curbs, gutters, sidewalks, entryways, signage, lighting, utility line relocations and traffic signalization incidental thereto and the acquisition of land and rights-of-way therefor (the "Project"), including all construction costs, equipment costs and improvements contemplated, are to be paid from the proceeds received from the sale of certificates of obligation authorized to be issued and sold by the City in the principal amount of not to exceed $5,000,000 ("Obligations") on or around the 23rd subject to the conditions herein set forth, the City and the Board agree as follows: incorporated herein and made a part hereof for all purposes. day of. July, 2024. Section 3. OBLIGATION OF THE BOARD. The Board agrees to pay to the City the principal of and interest on the Obligations as the same shall become due and payable. The debt retirement schedule for such Obligations is shown in Appendix A. On or about 45 days prior to the next succeeding payment date for the Obligations, the City will notify the Board oft the amount due from the Board on such payment date, taking into account any funds which the City has allocated to the payment of such debt retirement, including any funds from payments received in connection with the development oft the Project. Upon being furnished with such notice, the Board agrees to pay to the City on or before the 30th day preceding such payment date, the amount sO indicated in the schedule of payments as shown in Appendix A. The Board further agrees the payments due hereunder to the City for the payment oft the debt service on the Obligations will be incorporated and included in the Board's annual budget, as adopted or amended, and the City shall be entitled to a claim on and right to the amounts budgeted each year for the payment of the Section 4. CONSTRUCTION CONTRACTS. The City shall be solely responsible for the construction and maintenance of the Project and the payment of the Obligations, and the Board shall have no liability with respect to the construction, operation or maintenance of the debt service requirements on the Obligations. 201612123.1/1001238612 Project or the Obligations other than to make the payments to the City herein contemplated from the Board's TIF revenues. Section 5. PROJECT OWNERSHIP, OPERATION AND MAINTENANCE. The City Section 6. FORCE MAJEURE. If, by reason of Force Majeure, either party hereto shall be rendered unable wholly or in part to carry out its obligations under this Contract, then such party shall give notice and full particulars of such Force Majeure in writing to the other party within a reasonable time after occurrence of the event or cause relied upon, and the obligation of the party giving such notice, sO far as it is affected by such Force Majeure, shall be suspended during the continuance of the inability then claimed, except as hereinafter provided, but for no longer period, and any such party shall endeavor to remove or overcome such inability with all reasonable dispatch. The term Force Majeure, as employed herein, shall mean acts of God, strikes, lockouts, or other industrial disturbances, acts of public enemy, orders of any kind of the Government of the United States or the State of Texas or any civil or military authority, insurrections, riots, epidemics, landslides, lightning, earthquake, fires, hurricanes, storms, floods, washouts, droughts, arrests, restraint of government and people, civil disturbances, explosions, breakage or accidents to machinery, pipelines, or canals, or other causes not reasonably within the control of the party claiming such inability. It is understood and agreed that the settlement of strikes and lockouts shall be entirely within the discretion of the party having the difficulty, and that the above requirement that any Force Majeure shall be remedied with all reasonable dispatch shall not require the settlement of strikes and lockouts by acceding to the demands of the opposing party or parties when such settlement is unfavorable to it in the judgment of the party Section 7. REGULATORY BODIES. This Contract shall be subject to all valid rules, regulations, and laws applicable thereto passed or promulgated by the United States of America, the State of Texas, or any governmental body or agency having lawful jurisdiction or any shall own the Project and have sole responsibility for its operation and maintenance. having the difficulty. authorized representative or agency ofa any of them. period during which the Obligations are Outstanding. Section 8. TERM OF CONTRACT. That the term of this Contract shall be for the 2016223.1/00128612 INWITNESS WHEREOF, the Board andi the City, acting under authority oft their respective governing bodies have caused this Contract to be duly executed in several counterparts, each of which shall constitute an original, all as of the day of 2024, which is the date of this Contract. TAX INCREMENT FINANCING REINVESTMENT ZONE NUMBER ONE CITY OF FARMERSVILLE, TEXAS CITY OF FARMERSVILLE, TEXAS By: ATTEST: By: By: Mayor ATTEST: By: President, Board of Directors Secretary, Board of Directors City Secretary 20162123.1/1001238612 [signature page of Project Contract] Appendix A Preliminary $5,000,000 City ofFarmersville Certificates ofObligation, Series 2024 Debt Service Schedule Part1of2 Fiscal Total 452,881.94 452,050.00 451362.50 455,200.00 453,325.00 450,975.00 453,150.00 454,612,50 450,362.50 450,637,50 455,200.00 453,812.50 451,712.50 453,900.00 Date 08/22/2024 02/15/2025 08/15/2025 09/30/2025 02/15/2026 08/15/2026 09/302026 02/15/2027 08/15/2027 09/302027 02/15/2028 08/15:2028 09/302028 02/15/2029 08/15/2029 09/30/2029 02/15/2030 08/15/2030 09/30/2030 02/15/2031 08/15/2031 09/30/2031 02/15/2032 08/15/2032 09/30/2032 02/15/2033 08/15/2033 09/30/2033 02/15/2034 08/15/2034 09/302034 02/15/2035 08/15/2035 09/30/2035 02/15/2036 08/15/2036 09/30/2036 02/15/2037 08/15/2037 09/30/2037 02/15/2038 08/15/2038 09/30/2038 Principal 220,000.00 225,000.00 235,000.00 250,000.00 350,000.00 270,00.00 285,000.00 300,000.00 310000.00 325,000.00 345,000.00 360,000.00 375,000.00 395,000.00 Coupon 4.750% 4.750% 4.750% 4.750% 4.75046 4.750% 4.75046 4.75046 4.750%6 4.750%6 4.750% 4.750% 4.750% 4.750% Interest 114,131.94 118,750.00 113,525.00 113,525.00 108,181.25 108,181.25 102,600.00 102,600.00 96,662.50 96,562.50 90,487.50 90,487.50 84,075.00 84,075,00 77306.25 77306.25 70,181.25 70,181.25 62,818.75 62,818.75 55,100.00 55,100.00 46906.25 46,906.25 38,356.25 38,356.25 29,450.00 29,450.00 Total Pi 114,131.94 338,750.00 113,525.00 338,525.00 108,181.25 343,181.25 102,600.00 352,600.00 96,662.50 356,662.50 90,487.50 360,487.50 B4,075.00 369,075.00 77,306.25 377,306.25 70,181.25 380,181.25 62,818,75 387,B18.75 55,100.00 400,100.00 46,906.25 406,906.25 38,356.25 413,356.25 29,450.00 424,450.00 20162123.1/1001238612 Appendix A Preliminary $5,000,000 City ofFarmersville Certificates of Obligation, Series 2024 Debt Service Schedule Part2of2 Fiscal Total 455,137.50 450,425.00 Date 02/15/2039 08/15/2039 09302039 02/15/2040 08/15/2040 09/302040 Total Principal 415,000.00 430,000.00 $5p00,p00.00 Coupon 4.750% 4.750% Interest 20,068.75 20,068.75 10,212.50 10,212.50 $2,244,744.44 Total PH 20,068.75 435,068.75 10,212.50 440,212.50 $7244,744.44 2016223.1/001238612 Appendix A Agenda Section Regular Agenda Section Number VII. D. Subject To From Date Attachment(s) Related Link(s) Consideration and Discussion Action Backhoe Loader Mayor and Council Members Ben White, City Manager June 11, 2024 Documents and Motion/second/ote Approve Approve with Updates Disapprove - Approve Disapprove Move item to another agenda. No motion, no action Motion/second/vote to continue to a later date. Caterpillar Financial Services Corporation Finance Proposal CUSTOMER Name: CITY OF FARMERSVILLE Address City State 205SMAIN FARMERSVILLE TX Goodi if: Acknowledged! by Fundedby DEALER Jun-29-2024 Jun-29-2024 4563450 30-May-24 02:13:43PM HOLTTEXAS, LTD. E140 Sales person Dealer contact Telephone Quoter number Fax Number Quotel Date Quote Time Pemberton E140, Brent Katelyn Piercel E140 FINANCEPROFOSAL This is Caterpillar Financial Services Corporation's confirmation oft the following finance proposal. This is a proposal only and is subject to credit approval, execution of documentation, ande execution and approval oft the application survey. Finance Type Number of Payments Payments Governmental Lease 48N Monthly in Arrears Amount Quoted] By Report Created By Payment Katelyn Pierce E140 Katelyn Pierce E140 Ann. Fixed Balloon Rate 1.00 6.9900% Model. Hours Oty Sale Price Financed New 420-07 1000 1 161,074.00 176,778.72 See Amort. Schedule Special Conditions: 420-07 Serial Number H8T05166, Model Year 2024, Standard! Environment; Major Attachments-4x4, Air Conditioning, Backhoe Bucket, Cab, Standard Stick, Tires; iddeupetass, Heavy Duty Bucket, General Purpose Bucket, IT Coupler, Quick Coupler; Manual Configuration and Work" Tools: Payment Structure- Asset 481 Monthly payment(s) 4,232.35 1Stub payment(s) 1.00 Payment Model Insurance w/Insurance New 420-07 170,66 Amort. Sch. nota and offer to contract fori insurance. The estimate fori insurance isp provided through Caterpillar Insurance Company (Provided by Westchester Insurance Company in Rhode Island) andi is Insurance: The customer must provide evidence of physical damage and liability insurance in an amount and from an insurance carrier Equipment: The equipment cannot be delivered until all documents are executed by CFSC. All equipment must residei int the United States Approval: This proposal is subject to, among other things, final pricing, credit approval and document approval by CFSC. The terms and conditions outlined herein are not all-inclusive and arel based uponi information provided to date. This proposal may be withdrawn or modified by Lessor at anytime. This proposal does not represent and offer or commitment by CFSCt to enter into at transaction ort top provide financing and does not create any obligation for CFSC. A commitment to enter into the transaction described herein may only be extended by CFSC after this CONDITIONS satisfactory to CFSC. CFSCI must be named ont the policies, as loss payee: and: additional insured, as applicable, and a certificate All taxes are the responsibility oft the customer and may orr may not bei includedi int the above payment amount. ofi insurance, in form and substance acceptable to CFSC, must be providedt to CFSC. Taxes: ata all times. transaction has been approved by all appropriate credit and other authorities within CFSC. Caterpillar Financial Services Corporation 2120 West End Avenue, Nashville, TN37203 (615)341-1000 Caterpillar Financial Services Corporation We appreciate the opportunity top providey youap proposal fort thist transaction. Proposed by: Acknowledged by: CITY OF FARMERSVILLE Caterpillar Financial Services Corporation Date EXHIBIT: 2 Concluding Payment Schedule to Government Agreement Quote Number.. Contract Number 4704644 001-70144923 Dated 20 between and CITY OF FARMERSVILLE Caterpillar Financial Services Corporation Description of Unit: 420-07 Backhoe Loader.8T05166 Beginning Payment Amount Balloon Number of Payments Made Balance 1 2 3 4 5 total 6 7 8 9 10 11 12 13 14 15 16 17 total 18 19 20 21 22 23 24 25 26 27 28 29 total 30 31 32 33 Interest 1,029.74 1,011.08 992.32 973.45 954.46 4,961.05 935.37 916.16 896.85 877.42 857.88 838.22 818.45 798.56 778.56 758.44 738.21 717,85 9,931.97 697.38 676.79 656.08 635.25 614.29 593.22 572.02 550.70 529.25 507.68 485.99 464.16 6,982.81 442.21 420.14 397.93 375.60 Interest Rate Concluding 6,99 6.99 6,99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 6,99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 6.99 Payment(") 173,576.11 170,354.84 167,114.81 163,855.91 160,578,02 157,281.04 153,964.85 150,629.35 147,274.42 143,899.95 140,505.82 137,091.92 133,658.13 130,204.34 126,730.43 123,236.29 119,721.79 116,186.82 112,631.26 109,054.99 105,457.89 101,839.83 98,200.70 94,540.37 90,858.72 87,155.62 83,430.95 79,684.59 75,916.40 72,126.26 68,314.05 64,479.63 60,622.88 Page1 176,778.72 173,576.11 170,354.84 167,114.81 163,855.91 160,578.02 157,281.04 153,964.85 150,629.35 147,274.42 143,899.95 140,505.82 137,091.92 133,658.13 130,204.34 126,730.43 123,236.29 119,721.79 116,186.82 112,631.26 109,054.99 105,457.89 101,839.83 98,200.70 94,540.37 90,858.72 87,155.62 83,430.95 79,684.59 75,916.40 72,126.26 68,314.05 64,479.63 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 21,161.75 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 4,232:35 4,232.35 50,788.20 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 50,788.20 4,232.35 4,232.35 4,232.35 4,232.35 0,00 0.00 0,00 0,00 0.00 0.00 0.00 0.00 0,00 0.00 0.00 0.00 0.00 0,00 0.00 0.00 0.00 0.00 0.00 0.00 0,00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4704644 Caterpillar Financial Services Corporation 34 35 36 37 38 39 40 41 total 42 43 44 45 46 47 48 total total 60,622.88 56,743.66 52,841.84 48,917.30 44,969.90 40,999.50 37,005.97 32,989.18 28,948.99 24,885.27 20,797.88 16,686.68 12,551.53 8,392.29 4,208,83 4,232.35 4,232,35 4,232,35 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 50,788.20 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 4,232.35 4,232,35 29,626.45 203,152.80 0.00 0.00 0.00 0.00 0.00 0,00 0.00 0,00 0.00 0.00 0,00 0.00 0.00 0,00 0.00 1.00 1,00 1.00 Initialed: 353.13 330.53 307.81 284.95 261.95 238.82 215.56 192.16 3,820.79 168.63 144.96 121,15 97,20 73.11 48.89 24.52 678.46 26,375.08 6.99 6.99 6.99 6.99 6,99 6,99 6,99 6,99 6.99 6,99 6.99 6.99 6.99 6.99 6.99 56,743.66 52,841,84 48,917,30 44,969.90 40,999.50 37,005.97 32,989.18 28,948.99 24,885,27 20,797.88 16,686.68 12,551.53 8,392,29 4,208,83 0.00 (")Does noti include any rent payment or othera amount then due. (Lessee) 4704644 Caterpillar Financial Services Corporation Page 2 Complete and sign all documents in this package. Submit completed ands signed end ofyour documents. NEXT Complete these five items to get started. documents by clicking FINISH at the - and review your executed document package after) you receive Open confirmation email confirming all parties have signed. your Register for MyCatFinancial to manage your account anytime and anywhere via desktop or with the free mobile app. Enroll in Auto Pay for one less thing to worry about. Skip thel hassle ofmanually paying your bill every month and focus on running your business. ENROLLIN AUTOPAY 1.1 Login tol MyCatFinancial and click ENROLLMANAGE settings (located at the topr right ofy your screen) 2. Select the contracts youy want to enroll in Autol Pay and click ENROLL 3. Enter your banking information for the recurring payment 4. That's it. Your payment willl be automatically withdrawn from your account every month REGISTER FOR MYCATFINANCIAL Visit mycatinancial.com ands select your countryllanguage. download: the free app on your 2. Play. Click CREATE. ACCOUNTint the white! box 3. Input the required registration information 4. Click CONTINUE 5. Enter the codes sent tos your email 6. Click' VERIFY 7. Create your password 8. Click CONTINUE 9. Click LINK AC CONTRACI a. Contract Number: 001-70144923 b. Serial/Customer Number: H8T05166 Youd can also AUTOPAY in account mobile device from the App Store or Google CONTACT US Have questions about your account? We can help. Hours: Monday - Fridayl 17am.-6p.m. Phone: 1-800-651-0567 Email: ARCCasueemiAa c.C Commencement: Date: Apply fora Cat Card Make a1 payment Enroll in Autol Pay Request aj payoff quote Review your contracts and invoices Andr more! CAT CST ACCOUNT FEATURES PUT IT ON YOUR CATO CARD competitive rates, flexible payment Parts.cat.com and Cat Central to get you to for parts, service, rentals and more - with no annual fee, Cat Card is the fast, easy way pay terms* and Cat Vantage Points earned on every qualifying purchase.** Use your Cat Card at participating what need and get back to work. Learn more at Cat dealers, The Cat Rental Store and online at HENRY CALLAHAN PREVENTING FRAUD1 TOGETHER CatF Financiali is committedt tol helpingy youk keepy your personala qualify. Additional terms ando conditions maya apply. Credits onp Parts.Cat.Coma ando Cat Centralv varies by dealer. Nota alld catcard.com. andf financiall information secure. Findo outh hows youd cang protecty yourself againstf fraudulent activity byy Visitingo oury website. will Account Corporation for USc customers, and Caterpillar Financial Services Limitedf for Canadian customers, Nota and allc conditions customers may Financing iss subjectt to credita approval by Caterpillar Visit Financial Catcard.com Commercial/ or contacty your Catd dealer form morei information. Offerss subject to change without prior notice. Additional terms : Cat Vantage Points aree earned on qualifying purchases service, sales, rentals andv work toolsa atparticipating Catd dealers, The CatR Rental Store anda approvedo redeemed for Cat. Creditst tob beu usedo onf future purchasesofp parts, dealersv willp participate. Visito atcom/catardrewardst forf fulld details one earning Catv VantageR Rewardst throughy your Parts.Cat.Com or Cat Central. Cat Vantage Points canb be apply. governing Cat Credits. atp participating Catd dealers, The Cat Rental Store anda approved online retallers either online retailers. Availability to use Cat Cat Card,a as wellasrules CA' theirr respective logos," "Caterpillar Corporate Yellow", the" "Power Edge" and Cat 02023 Caterpillar. AlIR Rights! Reserved. CAT, CATERPILLAR, LET'S DOTHEWORK, Document Checklist - Governmental Lease CAT Financial These documents were prepared especially for: CITY OF FARMERSVILLE 205 SMAIN FARMERSVILLE, TX.75442-2209 Dealer: HOLT1 TEXAS, LTD., E140 Contract Number 001-70144923 Transaction Number: 4704644 Comments: Date: 05/30/2024 Time: 04:26:52 PM Customer Executed Documents Governmental Lease Document Insurance-Liability and Physical Damage Advance Payment (cross outi ifN/A) Guaranty ofF Payment (cross out ifN/A) Tax Exemption Certif. (cross outi ifN/A) Title applied for (cross outi ifN N/A) Customer Information Verification Any necessary Riders/Amendments Comments CVAI DOC ADDENDUM TO FINANCE LEASE (Multiple CVA offers at FINAL CVAA AT ADDENDUM (Multiple CVA offers at Doc Gen) FINAL CVAAT QUOTE (Customer Accepted CVAI before Doc Gen) Doc Gen) Other 8038G /CGI Form Request forl Minutes Opinion of Counsel Governmental Resolution to Lease, Purchase: and/or Finance Governmental Buyback Agreement (cross out ifN/A) Dealer Executed Documents Purchase Agreement Dealer Invoice AIIC Credit Conditions Met "Ifa any oft these documents are altered, orit ift the Lessee wishes to add or delete documents, please contact your CFSC Credit Analyst to obtain acceptance of any and all changes. Checklist completed and confirmed by: Ify you have any questions concerning these documents please call and ask for Print Name: Date: These Documents dor not constitute any offer or commitment to offer financing by Caterpillar Financial Services Corporation without Caterpillar Financial Services Corporation's expressed written approval. USD Document Checklist Financel Lease Page1of1 47046443 30/05/2024 04:26:52PMRef 2024901 Governmental Equipment Lease-Purchase Agreement Contract Number 1. PARTIES CAT Financial 001-70144923 LESSOR ("we", "us", or "our"): 2120 West End Avenue Nashville, TN 37203 LESSEE ("you" or "your"): CITY OF FARMERSVILLE 205 SI MAIN FARMERSVILLE, TX 75442-2209 CATERPILLAR FINANCIAL SERVICES CORPORATION Inr reliance ony your selection oft the equipment described below (each a' "Unit"), wel have agreed to acquire and leaset the Units toy you, subject tot the terms of this Agreement, Until this Agreement has been signed by our duly authorized representative, it will constitute an offer by you to enter into this Agreement with us ont thet terms stated herein. 2.D DESCRIPTION OF THE UNITS DESCRIPTION OF UNITS number, ther manufacturer, and the model name 1 New: 2024 Caterpillar 420-07 Backhoe Loader H8T05166 SERIALMIN Unit LEASE MONTHLY PAYMENT stated below ins period, section 3. SEE ATTACHMENT FINAL LEASE PAYMENT $1,00 DELIVERY DATE Enter date machine was delivered toy you. Whether the Unit is new or used,t ther model Unique IDI number fort this This is due per as TERMS AND CONDITIONS 3. Lease Payments; Current Expense You will pay us the lease payments, including the final lease payment set forth above (collectively, the "Lease Payments"). Lease Payments will be paid by you to us according tot the attached payment schedule; provided that all amounts owing hereunder will be due by the final lease payment date. A portion of each Lease Payment constitutes interest and the balance of each Lease Payment is payment of principal, The Lease Payments will be due without demand. You will pay the Lease Payments to us at CATERPILLAR FINANCIAL SERVICES CORP., P.O.BOX7 730681, DALLAS, TX75373-0681 or such other location that we designate in writing. Your obligations, including your obligation to pay the Lease Payments due in any fiscal year, will constitute a current expense of yours for such fiscal year and will not constitute an indebtedness of yours within the meaning of the constitution and laws of the State in which you are located (the "State"). Nothing in this Agreement wil constitute a pledge by you of any taxes or other moneys, other than moneys lawfully appropriated from time to time for the payment of the "Payments" (as defined in the last sentence of this Section) owing under this Agreement. You agree that, except as provided in Section 7,) your duties and liabilities under this Agreement and any associated documents are absolute and unconditional. Your payment and performance obligations are not subject to cancelation, reduction, or setoff for any reason. You agree to settle all claims, defenses, setoffs, counterclaims and other disputes you may have with the Supplier, the manufacturer of the Unit, or any other third party directly with the Supplier, the manufacturer or the third party, as the case may be. You will not assert, allege or make any such claim, defense, setoff, counterclaim or other dispute against us or with respect to the payments due us under this Agreement. As used in this Agreement, "Payments" will mean the Lease Payments and any The portion of the Lease Payments constituting principal will bear interest (computed ont the basis ofa actual days elapsed in a 360 day 4. Late Charges Ifwe do not receive al Payment on the date itis due, you will pay to us, on demand, a late payment charge equal to the lesser of five percent (5%) of such Payment or the highest charge 5. Security Interest To secure your obligations under this Agreement, you grant us a continuing first priority security interest in each Unit (including any Additional Collateral), including all attachments, accessories and optional features (whether or not installed on such Units) and all substitutions, replacements, additions, and accessions, and the proceeds of all the foregoing, including, but not limited to, proceeds in the form of chattel paper. You authorize the filing of such financing statements and will, at your expense, do any act and execute, acknowledge, deliver, file, register and record any document, which we deem desirable to protect our security interest ine each Unit and our rights and benefits under this Agreement. You, at your expense, will protect and defend our security interest int the Units and will keep the Units free and clear of any and all claims, liens, encumbrances and legal 6. Disclaimer of Warranties WE HAVE NOT MADE AND DO NOT MAKE ANY WARRANTY, REPRESENTATION OR COVENANT OF ANY KIND, EXPRESS OR IMPLIED, AS TO THE UNITS. AS TOUS, YOURI LEASE AND PURCHASE OF THE UNITS WILL BE ON AN "AS IS" AND "WHERE IS" BASIS AND "WITH ALL FAULTS". Nothing in this Agreement is intended to limit, waive, abridge or otherwise modify any rights, claims, or causes of action that you may have against any person or 7. Non-Appropriation You have ani immediate need for, and expect to make immediate use of, the Units. This need is not temporary or expected to diminish during the term of this Agreement. To that end, you agree, to the extent permitted by law, to include in your budget for the current and each successive fiscal year during the term of this Agreement, a sufficient amount to permit you to discharge your obligations under this Agreement. Notwithstanding allowed by law. processes however and whenever arising. entity other than us. other amounts required to be paid by you. year) att the rate of6.99% per annum. US Governmentall Equipment Lease-F Purchase Agreement 47046443 30/05/20240 04:26:32PMRet; 2024901 any provision of this Agreement to the contrary, we and you agree that, in the event that prior to the commencement of any of your fiscal years you do not have sufficient funds appropriated to make the Payments due under this Agreement for such fiscal year, you will have the option of terminating this Agreement as of the date of the commencement of such fiscal year by giving us sixty (60) days prior written notice of your intent to terminate. No later than the last day of the last fiscal year for which appropriations were made for the Payments (the "Return Date"), you will return to us all of the Units, at your sole expense, in accordance with Section 14, and this Agreement will terminate on the Return Date without penalty or expense to you and you will not be obligated to pay the Lease Payments beyond such fiscal year; provided, that you will pay all Payments for which moneys have been appropriated or are otherwise available; and provided further, that you will pay month-to-month rent at the rate set by us for each month or part of Tax Warranty You will, at all times, do and perform all acts and things necessary and within your control to ensure that the interest component oft the Lease Payments will, for the purposes of Federal income taxation, be excluded from our gross income, You will not permit or cause your obligations under this Agreement to be guaranteed by the Federal Government or any branch or instrumentality of the Federal Government. You will use the Units for the purpose of performing one or more of your governmental functions consistent with the scope of your authority and not in any trade or business carried on by a person other than you. You will report this Agreement to the Internal Revenue Service by filing Form 8038G, 8038GC or 8038, as applicable. Failure to do sO will cause this Agreement tol lose its tax exempt status, You agree that ifthe appropriate form is not filed, the interest rate payable under this Agreement will be raised tot the equivalent taxable interest rate. Ifthe use, possession or acquisition of the Unitsi is determined to be subject to taxation, you will pay when due all taxes and governmental charges assessed or levied against or with respect to 9. Assignment You may not, without our prior written consent, by operation of law or otherwise, assign, transfer, pledge, hypothecate or otherwise dispose of your right, title and interest in and to this Agreement and/or the Units and/or grant or assign a security interest int this Agreement and/or the Units, in whole or inp part. We may not transfer, sell, assign, pledge, hypothecate, or otherwise dispose of our right, title and interest in and to this Agreement and/or the Units and/or grant or assign a security interest in this Agreement and/or the Units, inv whole ori inp part., 10. Indemnity Toi the extent permitted by law, you assume liability for, agree to and do indemnify, protect and hold harmless us and our employees, officers, directors and agents from and against any and all liabilities, obligations, losses, damages, injuries, claims, demands, penalties, actions, costs and expenses (including reasonable attorney's fees), of whatsoever kind and nature, arising out of the use, condition (including, but not limited to, latent and other defects and whether or not discoverable by you or us), operation, ownership, selection, delivery, storage, leasing or return of any item of Units, regardless of where, how and by whom operated, or any failure on your part to accept the Units or otherwise to perform or comply with any conditions of this 11.11. Insurance; Loss and Damage You bear the entire risk ofl loss, theft, destruction or damage to the Units from any cause whatsoever. No loss, theft, destruction or damage of the Units will relieve you oft the obligation tor make Lease Payments ort to perform any obligation owing under this Agreement. You agree to keep the such risks, in such amounts, in such forms and with such companies as we may require, including but not limited to fire and extended coverage insurance, explosion and collision coverage, and personal liability and property damage liability insurance. Any insurance policies relating to loss or damage to the Units will name us as loss payee as our interests may appear and the proceeds may be appliedt toward the replacement or repair of the Units ort the satisfaction oft the Payments due undert this Agreement. You agree to use, operate and maintain the Units in accordance with all laws, regulations and ordinances and in accordance with the provision of any policies of insurance covering the Units, and will not rent the Units or permit the Units to be used by anyone othert than you. You agree to keep the Units in good repair, working order and condition and house the Units in suitable shelter, and to permit us or our assigns to inspect the Units at anyt time and to otherwise protect our interests in the Units. If any Unit is customarily covered by a maintenance agreement, you will furnish us with a maintenance 12. Default; Remedies An' "Event of Default" will occur if (a) youf fail to pay any Payment when due and such failure continues for ten (10) days after the due date for such Payment or (b) you fail to perform or observe any other covenant, condition, or agreement to be performed or observed by you under this Agreement and such failure is not cured within twenty (20) days after written notice of such failure from us. Upon an Event of Default, we will have all rights and remedies available under applicable law. In addition, we may declare all Lease Payments due or to become due during the fiscal year in which the Event of Default occurs to be immediately due and payable by you and/or we may repossess the Units by giving you written notice to deliver the Units to us in the manner provided in Section 14, or in the event you fail to do so within ten (10) days after receipt ofs such notice, and subject to all applicable laws, we may enter upon) your premises and take possession oft the Units. Further, ifv we financed your obligations under any extended warranty agreement such as an Equipment Protection Plan, Extended Service Contract, Extended Warranty, Customer Service Agreement, Total Maintenance and Repair Agreement or similar agreement, we may cancel such extended warranty agreement on your behalf and receive the refund of the extended warranty agreement fees that we financed but had not received from you as 13. Miscellaneous This Agreement may not be modified, amended, altered or changed except by a written agreement signed by you and us. Int the event any provision oft this Agreement is foundi invalid or unenforceable, the remaining provisions will remain in full force and effect. This Agreement, together with exhibits, constitutes the entire agreement between you and us and supersedes all prior and contemporaneous writings, understandings, agreements, solicitations, documents and representations, expressed or implied. Anyt terms and conditions of any purchase order or other documents submitted by you in connection with this Agreement which are in addition to or inconsistent with the terms and conditions of this Agreement will not be binding on us and will not Agreement. You agree that we may correct patent apply errors in this Agreement and fill in blanks including, for example, correcting or filling in serial numbers, VIN numbers, and dates. Any notices required to be given under this Agreement will be parties in writing and by certified mail att the address provided given int this Agreement, or to such other addresses as each party may substitute by notice to the other, which notice will be effective upon 14. Title; Return of Units Notwithstanding our designation as"' "Lessor," we do not own the Units. Legal title to the Units will be iny you so long as an Event of Default has not occurred, and have not exercised your right of non-appropriation. If an Event you of Default any month that you fail tor return the Units. agreement by a acceptable to us. 8. party the Units. oft the date oft the Event of Default. to this to the Agreement. its receipt. insured Units to protect all of our interests, at your expense, for US Governmentall Equipmentl Lease-F Purchase Agreement 47046443 30/05/2024 04:26:32PMRet.: 2024901 occurs ori ify your non-appropriate, full and unencumbered title to the Units will pass to us without the necessity of further action by the parties, and you will have no further interest in the Units. Ifv we are entitled to obtain possession of any Units ori if you are obligated at any time tor return any Units, then (a) title to the Units will vest in us immediately, and (b), you will, aty your expense, promptly delivert the Unit to us properly protected and in the condition required by Section 11. Youv will delivert the Unit, at our option, ()t to the nearest Caterpillar dealer selling equipment oft the same type as the Unit; or (ii) on board a carrier named by us and shipping the Unit, freight collect, to a destination designated by us. If the Unit is not int the condition required by Section 11, you must pay us, on demand, all costs and expenses incurred by us to bring the Unit into the required condition. Until the Units are returned as required above, all terms of this Agreement will remain in full force and effect including, without limitation, your obligation to pay Lease Payments 15. Other Documents In connection with the execution of this Agreement, you will cause to be delivered to us (i) either (A) a certified copy of your authorizing resolution substantially in the form attached as Attachment Ba and a copy oft the minutes oft the relevant meeting or (B) an opinion of your counsel substantially in the form attached as Attachment C; (i) a copy of the signed Form filed with the Internal Revenue Service required in Section 8 above as Attachment D; and (ii) any other documents or items required by 16. Applicable Law This Agreement will be governed by the laws, excluding the laws relating tot the choice ofl law, oft the Statei inv which us. you arel located. and toi insure the Units. SIGNATURES LESSOR CATERPILLAR FINANCIAL SERVICES LESSEE CITY OF FARMERSVILLE CORPORATION Signature Name (Print) Title Date Signature Name (Print) Title Date US Governmental! Equipment Lease-Purchase Agreement 47046443 30/05/20240 04:26:32F PMR Ref. 2024901 Attachment B Contract Number 001-70144923 CAT Financial GOVERNMENTAL ENTITY RESOLUTION TO LEASE, PURCHASE ANDIOR FINANCE WHEREAS, the laws of the State of Texas (the "State") authorize CITY OF FARMERSVILLE (the Governmental Entity"), a duly organized political subdivision, municipal corporation or similar public entity of the State, to purchase, acquire and lease personal property for the benefit of the the Governmental Entity wantst to lease, purchase and/or finance equipment ("Equipment) from Caterpillar Financial Services Corporation and/ora an authorized Caterpillar dealer ("Caterpillar) by entering into that certain Governmental Equipment Lease-Purchase Agreement (the' Agreement") with Governmental Entity andi itsi inhabitants and toe enter into anyr necessary contracts; and Caterpillar; and the form oft the Agreement has been presented tot the governing body of the Governmental Entity att this meeting. RESOLVED, that: () the Agreement, including all schedules and exhibits attached to the Agreement, is approved in substantially thei form presented at the meeting, with any Approved Changes (as defined below), (ii) the Governmental Entity enter into the Agreement with Caterpillar and (ii) the that changes may later be made to the Agreement ift the changes are approved by the Governmental Entity's counsel or members of the governing body oft the Governmental Entity signingt the Agreement (the Approved Changes") and that the signing oft the Agreement and any related documents is Agreement is adopted as a binding obligation oft the Governmental Entity; and conclusive evidence oft the approval oft the changes; and that the persons listed below, who are the incumbent officers oft the Governmental Entity (the" Authorized Persons"): [PLEASE INSERT NAME AND TITLE OF EACH AUTHORIZED PERSON BELOWI Name (Print or Type) Title (Print or Type) be, and each is, authorized, directed and empowered, on behalf oft the Governmental Entity, to () sign and delivert to Caterpillar, and its successors and assigns, the Agreement and any related documents, and (i) take or cause to be taken all actions he/she deems necessary or advisablet to acquire the that the signatory below is authorized to attest to these resolutions and affix the seal of the Governmental Entity to the Agreement, these that nothing in these resolutions, the Agreement or any other document imposes a pecuniary liability or charge upon the general credit of the Governmental Entity or against its taxing power, except to the extent that the payments payable under the Agreement are special limited that al breach oft these resolutions, the Agreement or any related document will not impose any pecuniary liability upon the Governmental Entity or any charge upon its general credit or against its taxing power, except to the extent that the payments payable under the Agreement are special that the authority granted byt these resolutions willa apply equally and with the same effectt tot the successors inc office oft the Authorized Persons. of resolutions oft the governing body oft the Governmental Entity. lalso certify that the resolutions were duly and regularly passed and adopted atar meeting oft the governing body of the Governmentall Entity. lalso certify that such meeting was duly and regularly called and held ina allr respects asr required by law, at the Governmental Entity's office. lalso certify that at such meeting, a majority of the governing body oft the Governmental Entity was present and votedi in Equipment, including the signing and delivery oft the Agreement and related documents; and resolutions, and any related documents; and obligations oft the Governmental Entity as provided int the Agreement; and limited obligations oft the Governmental Entity as provided int the Agreement; and of CITY OF FARMERSVILLE, certify that the resolutions above are ai full, true and correct copy favor ofthese resolutions. lalso certifyt that theser resolutions are still int fullf force and effect and have not been amended orr revoked. INWITNESS oft theser resolutions, the signatory named belowe executes this document on! behalf oft the Governmental Entity. SIGNATURE [To be signed by authorized individual. Signature Title Date US Govemment Resolution toLease, Purchases and_orFinance 47046443 30/05/20240 04:26:52PMRet 2024901 Amendment to Governmental Lease-Purchase Agreement (Texas) Contract Number CAT Financial 00170144923 This Amendment (the Amendment), dated (the "Effective Date"), to the Governmental Lease-Purchase Agreement (the' Agreement') for the Transaction Number set out above is by and between the parties identified below. 1.PARTIES LESSOR: 2120 West End Avenue Nashville, TN 37203 2.1 TERMS AND CONDITIONS LESSEE: CITY OF FARMERSVILLE 205SMAIN FARMERSVILLE, TX 75442-2209 CATERPILLAR FINANCIAL SERVICES CORPORATION a) Capitalized terms used butr not defined herein will have the meaning given themi int the Agreement. b) Except as provided herein, the Agreement will remain unchanged and in full force and effect in accordance with its terms. Any additional modifications are nulla and void unless approved in writing by you and us. Nothing herein will be deemed to be av waiver or amendment of any other provision contained ini the Agreement or any of our rights or remedies under the Agreement. c) As of the Effective Date, the Agreement is amended as set forth below. Section 7 of the Agreement is amended and restated in its entirety as follows: 3. AMENDMENT "7. Annual Right of Termination. Your may terminate this Agreement as of thel last day of any fiscal year duringt thet term hereof by giving us sixty (60) days prior written notice (although the failure to give such notice will not affect your right to terminate this Agreement as provided herein). In the event you terminate this Agreement during thet term! hereof pursuant to this Section, you will, no later than the last day of such fiscal year, return to us all, but not less than all, of the Units, at your sole expense and in accordance with the terms of this Agreement. Upon such return, this Agreement will terminate as of the last day of such fiscal year (the "Termination Date"). Thereafter, youv will noti incur any additional obligations under this Agreement, provided, however, that you must pay all Lease Payments and other Payments due prior to the Termination Date or attributable to such period, and provided, further, thaty your mustp pay month-to-month lease payments att the rate set forthi int this Agreement for eachr month orp part thereof thaty youf fail tor return the Units. SIGNATURES CATERPILLAR FINANCIAL SERVICES CORPORATION CITY OF FARMERSVILLE Signature Name (Print). Title Date Signature Name (Print). Title Date US Governmental Lease Purchase Amendment (Texas) 47046443 30/05/20240 04:26:52PMRet 2024901 Purchase. Agreement Contract Number 001-70144923 CAT Financial This Purchase Agreement is between HOLT TEXAS, LTD. ("Vendor") and Caterpillar Financial Services Corporation ("Cat Financial"). Vendor agrees to sell to Cat Financial and Cat Financial agrees tol buy from' Vendor the equipment described below (the' "Unit(s)"), subject tot the terms and conditions set forth below and on ther reverse side hereof. Description of Unit(s) (1)420-07 CATERPILLAR Backhoe Loader Lessee: CITY OF FARMERSVILLE 205 SMAIN FARMERSVILLE, TX75442-2209 Serial# H8T05166 Subtotal Federal Excise Tax Other' Tax Total Purchase Price Unit(s) Delivery Point: 205S MAIN FARMERSVILLE, TX: 75442-2209 VIN# Freight $ Total Price $161,074.00 $161,074.00 $0.00 $0.00 $161,074.00 See next page for additional terms and conditions. SIGNATURES Signature Name (Print), Title Date CATERPILLAR FINANCIAL SERVICES CORPORATION HOLTTEXAS, LTD. Signature Name (Print). Title Date USF Purchase Agreement 47046443 30/05/20240 04:27:02F PMRe! 2024901 Additional Terms and Conditions Contract Number CAT Financial 001-70144923 1. Thel lessee named on thet front hereof (the' "Lessee") has selected the Unit(s), instructed Cat Financial to purchase the Unit(s) from 2. CatF Financial (ori its assignee) willl haver no obligation hereunder (and any sums previously paid by CatF Financial to Vendor with respect tot the Unit(s) shall be promptly refunded to Cat Financial) unless (a) all of the conditions set forth in Section 1.3 (far master lease agreement) or Section 1 (far non-master lease agreement) of thel lease with thel Lessee covering the Unit(s) have beent timely fulfilled and (b) thel Lessee has not communicated to Cat Financial (ori its assignee), priort to' "Delivery" (as hereinafter defined) oft the Unit(s), ani intent not tol lease the Unit(s) from Cat Financial. All conditions specified int this paragraph shall be deemed timelyf fulfilled unless prior tol Delivery oft the Unit(s), Cat Financial (ori its assignee) shall notify Vendor to the contrary in writing. which shall include fax or email. "Delivery" shall mean thel later oft thet time (a) Cat Financial executes this Purchase Agreement or (b) thel Lessee ori its agent 3. Upont timely satisfaction oft the conditions specified in Paragraph: 2 above, ownership, title and risk of loss to the Unit(s) shall transfer 4. Vendor warrants that (a) upon! Delivery oft the Unit(s), Cat Financial (or its assignee) will be the owner of and have absolute titlet to the Unit(s) free and clear of all claims, liens, security interests and encumbrances and the description of the Unit(s) set forth herein is correct and (b) the Unit Transaction Price set forth ont the front hereof for each unit of Unit(s) leased under al leasei is equal to such 5. Vendor shall forever warrant and defend the sale of the Unit(s) to Cat Financial (ori its assignee), its successors and assigns, against 6. Provided that no event of default exists under any agreement between Lessee and Cat Financial and upont timely satisfaction ofi the conditions specified inf Paragraph2a above, and unless otherwise agreed toi int this Purchase. Agreement, Cat Financial (ori its assignee) shall pay Vendor thet totall Purchase Price setf forth on thef front hereof fort thel Unit(s) within three! business days following (a) the receipt and approval by Cat Financial of all documentation deemed necessary by Cat Financial in connection with the lease transaction and Vendor, and agreed to lease the Unit(s) from Cat Financial. takes control and/or physical possession oft the Unit(s). to Cat Financial (ori its assignee) upon Delivery oft the Unit(s). Unit(s)'s fair market value. any person claiming ani interest int the Unit(s). (b) all credit conditions have been satisfied. 7. Vendor shall deliver the Unit(s) tot thel Lessee att the delivery point setf forth ont thet front! hereof. 9. This Purchase Agreement shall become effective only upon execution by Cat Financial. 8. This Purchase Agreement may be assigned by Cat Financial to at third party. Vendor hereby consents to any such assignment. USF Purchase Agreement 47046443 30/05/20240 04:27:02F PMRet 2024901 Payment Schedule Contract Number 001-70144923 1. PARTIES LESSOR CAT Financial LESSEE CITY OF FARMERSVILLE CATERPILLAR FINANCIAL SERVICES CORPORATION 2. PAYMENT SCHEDULE PAYMENT NUMBER 1-48 49 PAYMENT DATE PAYMENT AMOUNT $4,232.35 $1.00 SIGNATURES CATERPILLAR FINANCIAL SERVICES CORPORATION CITY OF FARMERSVILLE Signature Name (Print) Title Date Signature Name (Print) Title Date USF Payment Schedule 47046443 30/05/20240 04:26:32P PMReI 2024901 CAT Financial Opinion of Counsel Re: Governmental Equipment Lease-Purchase Agreement (Contract Number 001-70144923) (the "Lease") Between CITY OF FARMERSVILLE ("Lessee"): and Caterpillar Financial Services Corporation ("Lessor") Sir/Madam: l'am an attorney for Lessee, and in that capacity, I am familiar with the above-referenced transaction, the Lease, and all other documents Based on my examination oft these and such other documents, records and papers and matters off fact and laws asl deemed tol be relevant and necessary as the basis for my opinion set forth below, upon which opinion Lessor and any subsequent assignee of Lessor's interest may rely, itisr my 1. Lesseei is a fully constituted political subdivision or agency duly organized and existing under the Constitution and laws oft the State of Texas (the' "State"), and is authorized by such Constitution and laws () to enter into the transaction contemplated by the Lease. Agreements and (i)to 2. The Lease Agreements (i) have been duly authorized, executed and delivered by Lessee and (ii) constitute valid, legal and binding obligations and agreements of Lessee, enforceable against Lessee in accordance with their terms, assuming due authorization and execution thereof by 3. Not further approval, license, consent, authorization or withhoiding ofc objections is required from anyf federal, state ork local governmental. authority with respectt tot the enteringi into or performancel byl Lessee oft thel Lease Agreements andt thet transactions contemplated byt thel Lease Agreements. 4. Lessee has sufficient appropriations or otherf funds available top pay alla amounts due under thel Lease Agreements fort the current fiscaly year. 5. The interest payable to Lessor by Lessee under the Lease Agreements is exempt fromi federal income taxation pursuant to Section 103 of the 6. The entering into and performance oft the Lease Agreements will not () confict with, or constitute: al breach or violation of, any judgment, consent decree, order, law, regulation, bond, indenture orl lease applicable tol Lessee, or (i) resulti in any breach of, or constitute a default under, or result in the creation of, any lien, charge, security interest or other encumbrance upon any assets ofl Lessee or the Units (as defined in the Lease) pursuantt to any indenture, mortgage, deed oft trust, bank loan, credit agreement or otheri instrument to which! Lessee is a party, or by which itor 7. Nol litigation or proceedingi is pending or, tot the best of my knowledge, threatened to, orv which may, (a) restrain ore enjoin the execution, delivery orp performance by Lessee oft the Lease Agreements, (b)i in any way contest the validity oft the Lease Agreements, (c) contest or question () the creation or existence ofL Lessee or its governing body or (i)t the authority or ability ofl Lessee to execute or deliver the Lease Agreements or to comply with orp perform its obligations under thel Lease Agreements. There is nol litigation orp proceeding pending or, tot the best ofr my knowledge, threatened that seeks to or couldr restrain or enjoin Lessee from annually appropriating sufficient funds to pay the Lease Payments (as defined int the Lease) or other amounts contemplated byt the Lease Agreements. In addition, lam not aware of anyf facts or circumstances which would 8. The Units are personal property and, when subjected to use by! Lessee, will not be or become fixtures under thel laws oft the State. 9 The authorization, approval and execution oft the Lease Agreements, and all other proceedings related to the transactions contemplated by the Lease Agreements, have been performedi ina accordance with all applicable open meeting, public records, public bidding and all other applicable 10. The appropriation of moneys to pay the Lease Payments coming due under the Lease and any other amounts contemplated by the Lease Agreements does not and will not result int the violation of any constitutional, statutory or otherl limitation relating tot the manner, form ora amount 11a The Lessor will have a perfected security interest in the Units upont the filing of an executed UCC-1 or other financing statement att thet time of pertaining tot the Lease (the Lease and such other documents pertaining tot the Lease being referred to ast the' "Lease Agreements"). opinion that: carry out its obligations thereunder. Lessor. Internal Revenue Code of 1986, as amended. its assets may! be bound. give rise to any! litigation or proceeding describedi int this paragraph. laws, rules and regulations oft the State. ofi indebtedness which may bei incurred by Lessee. acceptance oft the Units with the Secretary of State fort the State. SIGNATURE CITY OF FARMERSVILLE Name(Print): Signature: Title: Date: Address: US Opiniono of counsel 47048443 30/05/20240 04:26:3 32PMR Ref 2024901 CATERPILLAR INSURANCE COMPANY (CIC) SELECTION FORM CAT Policy Number CIC-70144923 Before financing your equipment, your must arrange physical damage insurance on the equipmenti identified below. Thei insurance may be provided through ani insurance agent ori insurance company of your choice, provided the insurance company satisfies minimum financial As an alternative to obtaining your own insurance, your maye elect to have your equipment insured under coverage arranged by Caterpillar Insurance Services Corporation, that has been designed specifically for the purchasers of Cate equipment. Please complete this form if you elect to insure your equipment with Caterpillar Insurance Company (CIC). requirements. CIC Physical Damage Insurance Policy Summary Please note: This is only al brief description of the CIC Physical Damage Insurance Program. Contractual provisions contained in the CIC Physical Damage Insurance protects your equipment against physical damage losses, including collision, fire, theft, vandalism, upset or overturn, floods, sinking, earthquakes and other unfortunate acts of nature. The protection has been designed for owners of heavy The CIC Physical Damage Insurance does include normal exclusions. Some important exclusions are wear and tear, rust, loss ofi income, war, nuclear damage, and mechanical breakdown, automobiles, watercraft, waterborne shipments, tires or tubes or mobile track belts When a covered loss occurs, this plan will pay for Cat@ replacement parts on all your new or used Caterpillar equipment.On all Your CIC plan will pay forr round-trip transportation of covered damaged equipment to and from your Cat dealer's repair facility, upt to The plan allows for rental costs upi to $2,5001 that you incur tor rent similar equipment following a covered loss. You are automatically policy will govern. Coverage equipment and provides superior benefits you most likely would not findi in other plans. damaged by blow-out, puncture, and road damage. Repairs Transportation $2,500 limit. Rental Rembursement. Claims equipment from other manufacturers, the plan will pay for comparable replacement parts. protected with up to $100,000 of coverage for damage to the similar equipment your rent. Int the event of a total loss, the policy will pay the greatest oft the following: The payoff value of thel loan on the damaged parts or equipment as of the date of loss or The cost ofr replacing that property with property of like kind and quality The actual cash value oft that covered property; or The policy will pay 10% of scheduled loss, upi to a $10,000 maximum for debris removal. The policy will pay fire department service fees up to $5,000. Deductible $1,000 Construction and Agricultural Equipment Deductibles: $5,000 deductible all logging Equipment Customer Service Your may also e-mail CIC at physicagamage@catc com NOTICE OF TERRORISM RISKI INSURANCE ACT OF 2002 Ify you have any questions or need additional details, see your Authorized Cat Dealer or call CIC tollf free at 1-800-248-4228. POLICYHOLDER DISCLOSURE (as extended byt the Terrorism Risk Insurance Extension. Act of2005, and as amended in 2007) You are hereby notified that under the Terrorism Risk Insurance. Act, as amended in 2007, the definition of act of terrorism has changed. As defined in Section 102(1) of the Act: The term "act of terrorism" means any act that is certified by the Secretary oft the Treasury- in concurrence with the Secretary of State, and the Attorney General of the United States to be an act oft terrorism; to be a violent act or an act that is dangerous to human life, property,or infrastructure; to have resulted in damage within the United States, or outside thel United Statesi int the case of certain air carriers or vessels ort the premises ofa United States mission; and to have been committed by an individual ori individuals as part of an effort to coerce the civilian population oft the United Under your coverage, any losses resulting from certified acts oft terrorism may be partially reimbursed by the United States Government under af formula established byt the Terrorism! Risk Insurance Act, as amendedi in: 2007. However, your policy may contain othere exclusions, whichr mighta affect your coverage, such as ane exclusioni for nuclear events. Undert thef formula, the United States Government generally reimburses 85% of coveredt terrorism! losses exceeding the statutorily established deductible paid by the insurance company providing the coverage. The Terrorism Risk Insurance Act, as amended, contains a $100 billion cap that! limits U.S. Government reimbursement: as well asi insurers' liability forl losses resulting from certified acts oft terrorism when the amount ofs such losses exceeds $100 billion in any one calendar year. Ift the aggregate insured losses for alli insurers exceed $100 billion, your coverage may be States ort toi influence the policy or affect the conduct oft the United States Government by coercion. reduced. The portion ofy your premium that is attributable to coverage for terrorist acts certified under the Acti is: $0.00 US CAT! INSURANCE: SELECTION FORM 47048443 30/05/20240 04:26:52P PMRef. 2024901 FOR CIC PHYSICAL DAMAGE INSURANCE Equipment! Description Serial# Caterpillar Backhoe H8T05166 Value Including Pymt Method-3 Pymt Method-1 APPLICATION Model # 1. 420-07 VIN Total Tax $176,778.72 Total Premium Finance Pymt $7,128.00 $170.66 Loader ymaroha Bantu Marsha Blaisdell, Authorized Insurance Producer 4704644 30/05/20240 04:26:52PMReI US CATI INSURANCE SELECTIONF FORM Arranged by Caterpillar Insurance Services Corporation lunderstand thatt the total insurance premium for 48 months willl be $7,128.00, whichi is $1782.00, per year based upont thet totale equipment value of$176,778.72. Method 1 Iwillf finance thei insurance premium, including finance charges, of$170.66 pers scheduled equipment payment. Thet finance charge is calculated at6 6.99% per annum ont the total insurance premium covering the full term of the finance agreement. By choosing Method 1 and signing this document you are agreeing to finance the insurance along with the equipment payments with Caterpillar Financial Services Corporation. Idesire coverage for ani initial 12 month term. Iwill payt the $1782.00 premium and return the payment witht the Iwill pay the total premium andr return the payment witht the signed equipment documents. Please make check decline Caterpillar Insurance. I elect to obtain my own commercial insurance on the equipment shown from Method2 Method 3 Method 4 signed equipment documents. Please make check payable to CIC. payable to CIC. an agent ori insurance company of my choice. lunderstand that the quote I receive is not a binder of insurance. Ifl elect to obtain coverage from CIC, coverage will be effective in accordance with the terms and conditions of the issued Policy and that I may terminate the coverage at any time with advance written acknowledge that Ihave been notified that, under the TERRORISM RISKI INSURANCE ACT of 2002 (as extended by the Terrorism Risk Insurance Extension Act of 2005), any losses caused by certified acts of terrorism under my policy will result in coverage under my policy that will be partially reimbursed byt the United States as outlined int the attached policyholder disclosure notification. lalso acknowledge Ihave been advised that, ifl accept this insurance, an appointed licensed insurance producer will receive commission notice. compensation. Customer Name: CITY OF FARMERSVILLE Dealer Name: HOLTTEXAS, LTD. Please note: Ify youv would like a no obligation quote on youra additional equipment, call 1-800-248-4228 extension 5754. Accepted By: Title: Name (PRINT): Date: USCATI INSURANCE! SELECTIONFORM 47046443 30/05/20240 04:26:52PMRe!: 2024901 Fraud Warning: Applicable in AL, AR, DC, LA, MD, NM, RI and WV: Any person who knowingly (or willfully)" presents at false orf fraudulent claim for payment ofal loss orb benefit orl knowingly (or willfully)" presents false information ina an application fori insurance is guilty ofac crime and may! be subject tot fines and Applicable in CO: Itis unlawful tok knowingly provide false, incomplete, orr misleading facts ori information to ani insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may includei imprisonment, fines, denial ofi insurance and civil damages. Any insurance company or agent ofa ani insurance company who knowingly provides false, incomplete, or misleading facts ori information to a policyholder or claimant fort the purpose of defrauding or attempting to defraud the policyholder or claimant with regardt to a settlement or award payable from insurance proceeds Applicable in FL: and OK: Any person who knowingly and with intent toi injure, defraud, or deceive any insurer files a statement of claim ora an application containing anyf false, incomplete, or misleading information is guilty ofaf felony (oft thei third degree)*. *Applies in FL Only. Applicable ink KS: Any person who, knowingly and with intent to defraud, presents, causes to be presented or prepares with knowledge or belieft thati it will bep presented to or by ani insurer, purported insurer, broker or any agentt thereof, any written statement as part of, ori ins support of, ana application for the issuance of, ort the rating ofa ani insurance policy forp personal or commercial insurance, ora a claim for payment orc other benefit pursuant to an insurance policy for commercial or personal insurance whichs such person knows to contain materially falsei information concerning any fact material thereto; or conceals, for the purpose ofr misleading, information concerning any fact material thereto commits a fraudulent insurance act. Applicable inl KY, NY, OHa and PA: Any person who knowingly and with intentt to defraud anyi insurance company or other person files an application for insurance ors statement of claim containing any materially falsei information or conceals for the purpose ofr misleading, information concerning anyf fact material thereto commits at fraudulent insurance act, whichi is a crime and subjects such persont to criminal and civil penalties (not to exceed five Applicable in ME, TN, VA and' WA:ltis a crime to knowingly provide faise, incomplete orr misleading information to ani insurance company fori the purpose ofc defrauding the company. Penalties (may)" includei mprisonment, fines and denial ofi insurance benefits. *Applies in ME Only. Applicable in NJ:Any persony whoi includes any false orr misleading information on an application for ani insurance policy is subject to criminal and civil Applicable in OR: Any person who knowingly and with intentt to defraud ors solicit another to defraud thei insurer by submitting an application containing Applicable inl PR: Any person whol knowingly and with thei intention ofc defrauding presents falsei information in ani insurance application, orp presents, helps, or causes the presentation ofa ai fraudulent claim fort the payment ofal loss ora any other benefit, orp presents more than one claim for the same damage orl loss, shalli incur a felony and, upon conviction, shall be sanctioned fore each violation by at fine ofr not less than five thousand dollars ($5,000) and not more thani ten thousand dollars ($10,000), oraf fixed term ofi imprisonment fort three (3) years, or both penalties. Should aggravating circumstances [be] present, the penalty thus established may bei increased to a maximum off five (5) years, ife extenuating circumstances arep present, it confinement in prison. *Applies in! MD Only. shall be reported tot the Colorado Division ofl Insurance withint the Department of Regulatory Agencies. thousand dollars and the stated value oft the claimf for each such violation)*. "Applies in! NY Only. penalties. af false statement: ast to any material factr may! be violating state law. may be reduced to a minimum oft two (2)) years. USCATI INSURANCE SELECTIONF FORM 47046443 04:28:52PMRe!.: INSURANCE SELECTION FORM-OUTSIDE INSURANCE CARRIER CAT Financial Before funding your equipment, you must arrange physical damage insurance on the equipment identified below. The insurance may be provided through ani insurance agent or insurance company of your choice, provided the insurance company satisfies minimum financial requirements. Physical Damage coverage must show that Caterpillar Financial Services Corporation has been named as loss payee for the equipment's replacement value. The deductible must be shown. Liability Coverage must be a minimum of$1,000,000 or combined coverage for bodilyi injury and As an alternative to obtaining your own Physical Damage coverage, you maye elect tol have your equipment insured under coverage arranged by Caterpillar Financial Services Corporation designed specifically for thep purchasers of Caterpillar equipment. Ifa quote isr not includedi in your Please complete this form to provide contact information forj your liability coverage, as well as your physical damage coverage ify you did property damage per occurrence. Caterpillar Financial Services Corporation must be named as additional insured. document package, please contact your Caterpillar Dealer, call 1-800-248-4228, ore e-mail hyscaDamage@catcom. not elect Caterpillar Insurance for physical damage. Transaction Number: Customer's Name: Address: 001-70144923 Dealer Name: HOLTTEXAS, LTD. CITY OF FARMERSVILLE 205 SN MAIN FARMERSVILLE, TX: 75442-2209 Ihave entered intot the above agreement under which lam responsible for providing insurance against ALL RISKS of direct physical loss or damage for the actual cash value of the following equipment, subject to common exclusions such as damage caused by corrosion, rust, mechanical or electrical breakdown, etc. Model# 420-07 Equipment Description 2024 Caterpillar Backhoe Loader Serial# H8T05166 VIN# Value Including Tax $176,778.72 Insurance Agency Street Address City Insurance. Agent's Name State Fax Number Zip E-mail Address Agent's Phone Number TOCUSTOMER'S INSURANCE AGENT Additional Insured for general liability: [ITor my existing policy number(s)_ Ihereby instruct yout to add Caterpillar Financial Services Corporation as al Loss Payee for physical damage and as an which now provide the coverage required, or [IToa ap policy orp policies which) you are authorized toi issuei int the name listed above which will provide the coverage required. Signature Name(Print) Title Date PROCESSING OF THIS TRANSACTION MAY BEL HELDPENDING RECEIPT OF THISI INFORMATION PLEASE FORWARD A COPY OF THE CERTIFICATE ORI BINDER EVIDENCING COVERAGE TO: CATERPILLAR FINANCIAL SERVICES CORPORATION 2120 West End Avenue Nashville, TN3 37203 Form No. USINSUREOUTSIDE 610D Dealer Code: E140 USInsurances SeleclionF Form- Oulside Carrier PLEASE ATTACH A COPY OF THIS NOTICE TO PROOF OF INSURANCE 47048443 04:26:42PMF Ref 2024901 CUSTOMER INFORMATION VERIFICATION Contract Number 001-70144923 CUSTOMER INFORMATION Customer Name: CAT Financial CHANGES TOCUSTOMER INFORMATION CITY OF FARMERSVILLE Physical Address: 205SMAIN FARMERSVILLE, TX, 75442-2209 Mailing Address: 205 S MAIN FARMERSVILLE, TX, 75442-2209 Equipment Location: 205SMAIN Business Phone: Mobile Phone: E-mail Address: FARMERSVILLE, TX, 75442-2209 hamineemervleucon The changes above apply to: Current Request for financing All active contracts TAX INFORMATION Tax Exempt"* Asset outside the City limits Yes Non-Exempt *A Tax Exemption Certificate is required for all tax exempt customer. If you are tax exempt- please enclose a current tax exemption certificate to be returned with your No documents. AUTO PAY INFORMATION (Checking Account Information) decline Autol Pay authorization att this time Irequest and authorize Caterpillar. Financial Services Corporation ("Cat Financial") to begin debiting my account for the amounts due under the contract(s) indicated below, with debits madet tor my account and withdrawn by CatF Financial, provided my account has sufficient collected funds to pay the debit when presented. If my financial institution dishonors any debit for any reason, Cat Financial may issue another debiti in substitution fort the dishonored debita and willl have no liability on account ofa dishonored debit. lagree that Cat Financial's rights relating to each debit will be the same asi iflhad personally signed a check. l'agree that will be liable tor make payment promptly, including any applicable late fees, if any debiti is not paid, unless Cat Financial or its agents or affiliates are directly responsible for the nonpayment. lacknowledge thatl may cancel this authorization ata anyt time by written notice to Cat Financial, which notice will be effective 10 days after receipt; however, my cancellation of this authorization does not terminate, cancel or reduce my obligations under the contract(s). I understand that Cat Financial will not notify me in advance of any. withdrawal and Ia agree to waive all pre-notification requirements in respect of all debits drawn under this authorization. Please use thei information below to set up Auto Pay on: Bank Name Account Name (exactly as it appears on Check) Routing Number Account Number NAME 0301 0 5 : 9digits I" 3-17digits Dar. YOUR FINANCIAL ITITUTION AISRICTISIEOON Routing Number AccountNurnber Re-Enter. Account Number II" 3-170 digits USC Customer Information Verification Form 47046443 30/05/20240 04:28:42PMReL.: 2024901 CUSTOMERSIGNATURE Thei information abovel has been reviewed and is accurate tot the! best of my! knowledge. Fora aj joint account, all account holders must signi ifr more than one signature is required on checks issued against the account. Name Title For questions or assistance with Auto Pay, orf fori information about youra account, please contact Customer Service, 1-800-651-0567. US Customer Information Verificationi Form 47046443 30/05/2024 2024901 Explanation of Content Contract Number 001-70144923 CAT Financial Thank youf for selecting Caterpillar products and for allowing Caterpillar Financial Services Corporation to serve your financing needs. Included int this document package are all oft the forms that will ber needed for standard tax exemptl lease purchase transactions. The forms have been designed to be clear, concise and user friendly. We have also provided: al brief explanation oft the purpose ofe eachi form. Ify youy wish to discuss any oft thet forms or have any questions about any aspect oft this transaction, we encourage, you to contact your Caterpillar Dealer or Caterpillar Financial Services Corporation at1- Governmental Equipment Lease-Purchase Agreement. The Governmental Lease-Purchase Agreement contains the terms that govern each transaction between us. Itist the standard Caterpillar Financial Services Corporation taxe exempt lease-purchase agreement, and provides that we willl leaset toy yout the equipment describedi thereinp pursuantt toa af fullp payouta amortization schedule. Ar new Governmental Equpmentlase-Purchase Lessee's Authorizing Resolution. The Authorizing Resolution is evidence youl have taken the necessary governing body actions to approve the Governmental Equipment Lease-Purchase. Agreement. Although the authorizing instrument is often a resolution, itn may also take other forms sucha as and ordinance. We are agreeable tou using, your customary ors standardi form providedito contains specific approvalf for thel lease-purchase: agreement, designates persons who are authorized tos sign ony your behalf and either approves the document forms or delegates this authority to a named official C. Verification of Insurance. The Certificate ofl Insurance isi intended tos supplyi information regarding thei insurance coverage fort the equipment being Opinion of Counsel. An opinion of counsel is required in connection with each Governmental Equipment Lease-Purchase Agreement. The opinion isi intendedt to confirm thaty you! have complied with all open meeting laws, publication and notice requirements, procedural rules for governing body meetings, and any other relevant state or local government statutes, ordinances, rules or regulations, We would be unable to confirm compliance with these laws and regulations ourselves absent long delays and higher costs sO we rely upon the opinion of your attorney since he/she may have been involved in the process to approve our transaction and is an experti ini the laws and regulations to which you are subject. The opinion also confirms that you are ane entitye eligible toi issuet tax-exempt obligations and that the Governmental Equipment Lease-Purchase. Agreement will be treated as tax-exempt Form of 8038G or GC. Form 8038i isr required byt the Internal Revenue Service in order to monitor the amount oft tax-exempt obligations issued. You have to execute al Form 8038 for each Governmental Equipment Lease-Purchase Agreement. Whether a Form 8038 G or GCi is required depends ont the original principala amount oft the Governmental EqupmentleasePurchase Agreement. Ifthe original principal amounti is less than $100,000 Form 8038GC is filed with the IRS. Ift the original principal amount is $100,000 or more Form 8038G is filed with the IRS. Choose the appropriate 8038 form and complete according to IRS guidelines. Contact your TM or Sales Support Representative for assistance. IRSI Form 8038G 866-263-3791 Option #5. A. Agreement willl havet to be signedi inc connection with each transaction. B. lease-purchased. You will need to supply the requested information to us so we can verify coverage. D. asi itis your obligation to ensure that you have complied with relevant tax law. E. http://www. irs. owpvplisgatneoagpat IRS Form 8038GC AtP/Mww.ISOMpuDIE: pdf/8038gc.pdf This Explanation of Contents isp prepared as an accommodation tot the parties named herein. Itis intended as an example of some oft the documents that Caterpillar Financial Services Corporation, ini its reasonable judgment, may require and is not intended to constitute legal advice. Please engage and use your own legal counsel. We understand thatt the laws oft the various states are different sor nothing! hereins shall be construed: as a warranty orr representation thatt the documents listed herein are the only documents that may be required ina any particulart transaction ort thata any particulart transaction, ifdocumented in accordance with this Explanation of Contents, will be a valid, binding and enforceable obligation enforceable against the parties named herein in accordance with thet terms oft the documents named herein. USE Explanation of Content (GOVL Lease- -8038G /8038GC) 4704644 30/05/2024 04:2 26:42F PMRe!. 2024901 CAT Financial Meeting Minutes HOLT TEXAS, LTD. 5665 SE LOOP 410 San Antonio, TX 78222-3903 Reference: CITY OF FARMERSVILLE We are requesting a copy of the minutes of the appropriation meeting during which the funds for this deal were Acopy of this information is necessary to complete the documentation package and to fund the deal. Your ability to allocated. return a complete package will ensure timely payment to you. Thank you for your assistance. CATERPILLAR FINANCIAL SERVICES CORPORATION DOCUMENTATION DEPARTMENT USI Meetingl Minutes Request (GOVL Lease- Purchase Deals) 47048443 30/05/20240 04:26:42PMR Ref 2024901 DATE: May 30, 2024 QUOTE: #:321781-01 HOLT CAT CITY OF FARMERSVILLE DANNY RUFF 205 SI MAINST FARMERSVILLE, TEXAS 75442-2299 Pemberton, Brent 817.219.6187 One (1) New Caterpillar Inc Model: 420 Backhoe Loader Includes: General Purpose Loader Bucket w/ IT Coupler + E-Stick w/ Lines Kit + Manual Pinl Lock Coupler w/ 24"+1 18" Bucket SALE PRICE EXTI WARRANTY TOTALI PRICE PRICE AFTER TRADE $161,074 Included $161,074 -$0,000 $161,074 Las-faden-ves:3006,905MF0P2592 (NO TRADE) Quote Through Sourcewell Contract 011 1723 - Member 111707 WARRANTY Standard' Warranty: Extended' Warranty: 121 Month/Unlimited Hours Total Machine 48 MO/4000 HRI PREMIER MACHINE SPECIFICATIONS DESCRIPTION REF.# 420 07A BACKHOE LOADER CFG2 TRIME PACKAGE. 4 INCLUDES: 544-0883 CAB, DELUXE 554-4188 HYD, MP, 6FCN/8BNK, ST, QC 544-0930 PT, 4WD/2WS AUTOSHIFT 543-4284STICK, EATENDABLE43M.GAED) 545-5048 DISPLAY, TOUCH SCREEN 491-6736' WORKLIGHTS (8) LEDL LAMPS 611-0345: SEAT, DELUXE FABRIC, HEATED 542-7810. AIR CONDITIONER, S5(T4F) 560-6797 PRODUCT LINK, CELLULAR, PLE643 337-9696 COUNTERWEIGHT, (1015 LBS) 551-6453 RIDE CONTROL 548-1231L LINES, COMBINED, AUX,E-STICK 540-2298 STANDARD RADIO (12V) 551-6940 COLDI WEATHER PACKAGE, 120V 567-5090 AUTO-UP STABILIZERS 423-7607 PLATE GROUP- BOOM' WEAR 353-1389 GUARD, STABILIZER ENGINE, 82KW, C3.6 DITA, T4F TIRES, 12.580/19.5L-24, GY STABILIZER PADS, FLIP-OVER COUPLING,QD, THREADED' WITH CAPS COUPLER.PINLOCK, BLF UCKETHO,E:A3FEPL 247-1949 BUCKET-HD, 24,73FT3,PL BCP 54 ACITFORASSTCarse. 54"Length Tines 542-7992 630-5315 542-7780 379-2161 9R-6007 456-3390 251-1800 544-1901 INCLUDED 247-1950 INCLUDED BUCKET-GP.131YD.T. (General Purpose IT Bucket wicutting edge 9R-5320) STANDARD EQUIPMENT Page 1 BOOMS, STICKS, AND LINKAGES BACKHOE 14'4" Center pivot backhoe 4.3 Meters Boom and swing transport locks Pilot operated backhoe and electro hydraulic stabilizer controls Street type stabilizer shoes Anti-drift hydraulics (boom, stick, and E-stick) Cat Cushion Swing(tm) system POWERTRAIN Water separator Thermal starting aid system Dry type axial seal air cleaner with integral precleaner Automatic dust ejection system Filter condition indicator Hydraulically boosted multi-plate wet disk brake with dual pedals & interlock Differential lock HYDRAULICS Pilot hoe and mechanical loader controls Load sensing, variable flow system with 43 gpm (162 L/min) axial piston pump -6r micron hydraulic filter ELECTRICAL 12 volt electrical start Horn, front and rear Backup alarm Hazard flashers/turn signals Halogen head lights (2) Halogen rear floodl lights (2) Stop and taill lights COPERATOR ENVIRONMENT Interior rearview mirror ROPS canopy, Rear Fenders 2-inch (50mm) retractable seat belt Tilts steering column Steering knob Hand and foot throttle FLUIDS Antifreeze Extended Life Coolant OTHER STANDARD EQUIPMENT Standard Storage Box Transport tie- down points Ground line fill fuel tank with 42.3 gal (160L) capacity & 5 gal (19L) diesel exhausti fluid Rubber impact strips on radiator LOADER Single Tilt Loader -Lift cylinder brace Self-leveling loader with single lever control Return-to-dig (automatic bucket positioner) Transmission neutralizer switch Bucket level indicator Torque converter Transmission-four speed manual shift Neutral safety switch Spin-on filters for Fuel Engine oil Transmission oil Outboard Planetary Rear Axles Diesel particulate filter Hydrostatic power steering Caterpillar. XT-31 hose Hydraulic oil cooler Pilot control shutoff switch Flow-sharing! hydraulic valves Hydraulic suction strainer Audible system fault alarm Key start/stop system 850 CCA maintenance free battery Battery disconnect switch External Power Receptacle (12v) Diagnostic ports for engine and machine Electronic Control Modules Automatic Engine Speed Control One Touch Low Idle Floor mat and Coat Strap Lockable storage area Air suspension seat -20F (-30C) guard CD-ROM Parts Manual Safety Manual Operations andI Maintenance Manual Lockable hood Tire Valve Stem Protection Page 2 Agenda Section Regular Agenda Section Number VII. E. Subject To From Date Attachment(s) Related Link(s) Consideration and Discussion Action Appoints and Reappointments of Council Liaisons Mayor and Council Members Ben White, City Manager June 11, 2024 Motion/secondvote Approve Approve with Updates Disapprove Approve Disapprove Move item to another agenda. No motion, no action Motion/secondlvote to continue to a later date. Agenda Section Regular Agenda Section Number VII. F. Subject To From Date Attachment(s) Related Link(s) Consideration and Discussion Action Appoints and Reappointments of Board Members Mayor and Council Members Ben White, City Manager June 11, 2024 Motion/secondiote Approve Approve with Updates Disapprove - Approve Disapprove Move item to another agenda. No motion, no action Motion/secondvote to continue to a later date. Agenda Section Regular Agenda Section Number VII. G. Subject To From Date Attachment(s) Related Link(s) Consideration and Discussion Action Spain Complex Mayor and Council Members Ben White, City Manager June 11, 2024 Motion/second/vote Approve Approve with Updates Disapprove - Approve I Disapprove Move item to another agenda. Nor motion, no action Motion/second/vote to continue to a later date. VIII. EXECUTIVE SESSION Agenda Section Executive Session Section Number VIII. A.1.. Subject To From Date Attachment(s) TxDot 1.163 at South Lake Mayor and Council Members Ben White, City Manager June 11, 2024 Related Link(s) ntp/www.farmersvlelxcomlgovemnment'agendas and minutes/cit ycouncil meetings.php Consideration and Discussion Action Motion/secondvote Approve Approve with Updates Disapprove Approve Disapprove Move item to another agenda. No motion, no action Motion/second/vote to continue to a later date. IX. ACTION REGARDING ITEMS DISCUSSED IN EXECUTIVE SESSION X. ITEMS TO BE PLACED ON FUTURE AGENDAS XI. ADJOURNMENT