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Proposal for Lease-Purchase Financing <br />LESSEE City of Santa Ana, a charter city and municipal <br />corporation organized and existing under the <br />Constitution and laws of the State of California <br />LESSOR SunTrust Leasing Corporation <br />TYPE OF FINANCING Master Lease Agreement. Said Agreement <br />shall be net lease arrangement whereby <br />Lessee is responsible for all costs of operation, <br />maintenance, insurance and taxes. <br />MAXIMUM AMOUNT LEASED $5,069,000.00 <br />MAXIMUM INTEREST RATE 2.96% <br />MAXIMUM TERM 5 Years <br />PAYMENT TERMS Semi-Annual payment of $549,070.63 <br />LEGAL TITLE Title to the software will be in the name of <br />Lessee. Lessor wilt be granted a security <br />interest or lien on alt collateral being financed. <br />Resolution No. 2008-013 <br />Page 5 of 5 <br />