October 15, 2012 - City of Laredo

EQUIPMENT LEASEIPURCHASE AGREEMENT
(ACQUISITION FUND)
This Equipment LeaselPurchase Agreement (the "Agreement") dated as of November 13,
2012, and entered into between Banc of America Public Capital Corp, a Kansas corporation
("Lessor"), and the City of Laredo, Texas, a body corporate and politic existing under the laws
of the State of Texas ("Lessee ").
WHEREAS, Lessee desires to lease and acquire from ertain Equipment (as such
term is defined herein), subject to the terms and conditions
WHEREAS, Lessee is authorized under the c
this Agreement for the purposes set forth herein;
Now, THEREFORE, for good and valu
acknowledged, and in consideration of the pre
agree as follows:
Section 1.01. Definitions. The meanings indicated below
shed and held by the Acquisition Fund
" means the Acquisition Fund and Account Control
to which an Acquisition Fund is established and
todian" means the Acquisition Fund Custodian identified in the
"Acquisition Period" means the period ending fifteen (1 5) months from the closing date.
'Ygreement " means this Equipment LeaselPurchase Agreement, including the exhibits
hereto, together with any amendments and modifications to the Agreement pursuant to
Section 13.04.