Attachment 2 - Lease105638Quotation Reference # 555594/1/1
Vehicle Details:
110 E. Main St.
Los Gatos, CA 95030
Town of Los Gatos
Quotation Reference # 555594/1/1
March 22, 2021
This Vehicle Quotation or "VQ" refers to the following agreements as amended, modified, or supplemented from time to time and incorporates their
terms and conditions herein:
Closed-End Commercial Motor Vehicle Master Lease Agreement 105638
Total Monthly Costs:
Additional Services
Total Monthly Payment
Excess Mileage Rates:
$125.00
$0.00
$125.00
0 - 99,999 $0.08
Monthly Lease Rate (Option B
described below applies)
After Market Equipment:One-Time Charge Equipment:
Programs applicable to this VQ and the related leased Vehicles include the following:
Calculation Method for Lease Rate:
Interim Financing Cost for Vehicles delivered to Lessor before Lessee takes delivery:
(B) This lease rate is indexed to the Applicable SWAP Rate and will be adjusted for changes in the interest rate, "Liquidity Adjustment" and
manufacturer's costs at the time of delivery. The "Liquidity Adjustment" is an amount determined by the Lessor which is based on an increase in the
cost of funds in the relevant credit markets.
Standard Equipment:
Monotone Paint Application (PAINT-01)
Front Bucket Seats (STDST-01)
Cloth Seat Trim (STDTM-01)
Engine: AC Synchronous Electric (STDEN-01)Transmission: Single Fixed Reduction Gear (STDTN-01)
Wheels: 15" (STDWL-01)
Tires: P145/65R15 Fr & P175/60R15 Rr (STDTR-01)
Radio: 100-Watt AM/FM/CD Audio System (STDRD-01)
Optional Factory Equipment:
Cold Zone Package (P1-01)
Battery Warming System (BWS-01)
Heated Sideview Mirrors (MIRR-01)
Quick Charge Pkg
Town of Los Gatos
Vehicle Quotation "VQ"
00028466Lessee:
Driver Grade Group: U Unassigned
CSS: Hahn
Factory Order
The following Specified Services/Items are included in this quotation
(plus any applicable taxes):
The per occurrence fees are not included in the lease rate, but will
be billed as they occur:
2012 Mitsubishi i-MiEV ES 4dr Hatchback (EV44-B) (0 P) Diamond White Pearl (W13-01)
Security Deposit: $0.00
Lease Term:
Permitted Mileage:
$0.00Capital Contribution:
12
5,000
2 - 4 Weeks (does not include vehicle prep time, typically 1-2 weeks)Expected Order to Delivery:
Formal Lease Extension
Start Date: 07/01/2021
Begining Mileage: 31,421
VIN # JA3215H11CU033147
ATTACHMENT 2
105638Quotation Reference # 555594/1/1
Mike Albert, Ltd & Mike Albert Leasing, Inc.
10340 Evendale Drive
Please review the terms and specifications set forth in the VQ for accuracy. Please fax any necessary modifications to this VQ to (513) 956-2962
or email customerrelations@mikealbert.com
2 -2Page
Vehicle Quotation "VQ"
If the terms and conditions of this VQ are acceptable, please have an authorized officer execute this VQ in the space provided below. By executing this
VQ, the undersigned shall be deemed to have agreed to order Vehicles from time to time in accordance with the specifications and terms listed above
by submitting a Vehicle Lease Order with respect to a Vehicle that references this VQ.
The undersigned hereby agrees that Mike Albert, Ltd shall have no obligations under the Services Agreement or Telematics Agreement at any time, and
that the obligations set forth in any Services Agreement or Telematics Agreement are solely the obligations of Mike Albert Leasing, Inc. (MAL). This VQ
expires in 360 days, and after such time no Vehicles may be ordered for the lease pursuant to the terms of this VQ. IN WITNESS WHEREOF, the
undersigned has hereto caused this VQ to be executed.
03/23/21
Cincinnati, OH 45241
By: Lessor under the Master Lease Agreement & Servicer under the
Services Agreement Signature of Permitted Signer of Lessee or its Authorized Affiliate
Date: _______________________________________________
Name (print): _________________________________________
105638Quotation Reference # 555595/1/1
Vehicle Details:
110 E. Main St.
Los Gatos, CA 95030
Town of Los Gatos
Quotation Reference # 555595/1/1
March 22, 2021
This Vehicle Quotation or "VQ" refers to the following agreements as amended, modified, or supplemented from time to time and incorporates their
terms and conditions herein:
Closed-End Commercial Motor Vehicle Master Lease Agreement 105638
Total Monthly Costs:
Additional Services
Total Monthly Payment
Excess Mileage Rates:
$125.00
$0.00
$125.00
0 - 99,999 $0.08
Monthly Lease Rate (Option B
described below applies)
After Market Equipment:One-Time Charge Equipment:
Programs applicable to this VQ and the related leased Vehicles include the following:
Calculation Method for Lease Rate:
Interim Financing Cost for Vehicles delivered to Lessor before Lessee takes delivery:
(B) This lease rate is indexed to the Applicable SWAP Rate and will be adjusted for changes in the interest rate, "Liquidity Adjustment" and
manufacturer's costs at the time of delivery. The "Liquidity Adjustment" is an amount determined by the Lessor which is based on an increase in the
cost of funds in the relevant credit markets.
Standard Equipment:
Monotone Paint Application (PAINT-01)
Front Bucket Seats (STDST-01)
Cloth Seat Trim (STDTM-01)
Engine: AC Synchronous Electric (STDEN-01)Transmission: Single Fixed Reduction Gear (STDTN-01)
Wheels: 15" (STDWL-01)
Tires: P145/65R15 Fr & P175/60R15 Rr (STDTR-01)
Radio: 100-Watt AM/FM/CD Audio System (STDRD-01)
Optional Factory Equipment:
Cold Zone Package (P1-01)
Battery Warming System (BWS-01)
Heated Sideview Mirrors (MIRR-01)
Quick Charge Pkg
Town of Los Gatos
Vehicle Quotation "VQ"
00028466Lessee:
Driver Grade Group: U Unassigned
CSS: Hahn
Factory Order
The following Specified Services/Items are included in this quotation
(plus any applicable taxes):
The per occurrence fees are not included in the lease rate, but will
be billed as they occur:
2012 Mitsubishi i-MiEV ES 4dr Hatchback (EV44-B) (0 P) Diamond White Pearl (W13-01)
Security Deposit: $0.00
Lease Term:
Permitted Mileage:
$0.00Capital Contribution:
12
5,000
2 - 4 Weeks (does not include vehicle prep time, typically 1-2 weeks)Expected Order to Delivery:
Formal Lease Extension
Start Date: 07/01/2021Starting Mileage: 32,167VIN# : JA3215H19CU033140
105638Quotation Reference # 555595/1/1
Mike Albert, Ltd & Mike Albert Leasing, Inc.
10340 Evendale Drive
Please review the terms and specifications set forth in the VQ for accuracy. Please fax any necessary modifications to this VQ to (513) 956-2962
or email customerrelations@mikealbert.com
2 -2Page
Vehicle Quotation "VQ"
If the terms and conditions of this VQ are acceptable, please have an authorized officer execute this VQ in the space provided below. By executing this
VQ, the undersigned shall be deemed to have agreed to order Vehicles from time to time in accordance with the specifications and terms listed above
by submitting a Vehicle Lease Order with respect to a Vehicle that references this VQ.
The undersigned hereby agrees that Mike Albert, Ltd shall have no obligations under the Services Agreement or Telematics Agreement at any time, and
that the obligations set forth in any Services Agreement or Telematics Agreement are solely the obligations of Mike Albert Leasing, Inc. (MAL). This VQ
expires in 360 days, and after such time no Vehicles may be ordered for the lease pursuant to the terms of this VQ. IN WITNESS WHEREOF, the
undersigned has hereto caused this VQ to be executed.
03/23/21
Cincinnati, OH 45241
By: Lessor under the Master Lease Agreement & Servicer under the
Services Agreement Signature of Permitted Signer of Lessee or its Authorized Affiliate
Date: _______________________________________________
Name (print): _________________________________________