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Home My WebLink About2023-06-05 I01D_02 Receipt-File_Vehicle Purchase_PD CIT TruckAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: June 5, 2023 AGENDA ITEM:Consideration of approval of receipt and file of the purchase of a 2022 Chevrolet Tahoe with upfit from Karl Chevrolet of Ankeny, IA, in the amount of $58,951.79 [Waukee Police Department FORMAT:Consent Agenda SYNOPSIS INCLUDING PRO & CON: The vehicle was paid for by Heart of Iowa Community Services for use by the City of Waukee CIT officer. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:$58,951.79 COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the receipt and file of the purchase. ATTACHMENTS: I. Karl Chevrolet invoice PREPARED BY:Becky Schuett REVIEWED BY:Police Chief McCluskey I1D2 1101 S.E. ORALABOR ROAD ANKENY,IOWA 50021 wwwkarlchevrolet.com THEBE ABE NO WABBANTIES, EXPRESS OR IMPLIEO AS ir1450 Ul'f Vovic-\e- llm,'7l Dooo plu't PHONE (515) 964-4255 TOLL FREE 1 -800-622-8264 FAX (515) 964-0845 230 W HICKMAN s15 ) 987 -4363 STATE ZIP CODErA 50263-5004 7 5511 86910 1GNSKLED1NR27 2292 368r_6 lowa law requires us to give you the following notice: You understand that liability insurance coverage which would protect you under the lowa Motor Vehicle and Safety Responsibility Act lS NOT INCLUDED in your purchase of this motor vehicle. lt is customer's responsibility to notify their insurance company of any DOCUMENTARY FEE, A DOCUMENTARY FEE IS NOT AN OFFICIAL FEE. A DOCUMENTARY FEE IS NOT REQUIRED BY LAW BUT MAY BE CHARGED TO A BUYER FOR THE PREPARATION OF DOCUMENTS AND THE PEHFORMANCE OF HELATED SERVICES. THE MAXIMUM AMOUNT THAT MAY BE CHARGED FOR A DOCUMENTARY FEE IS DETERMINED BY IOWA CODE SECTION 322,19A,THIS NOTICE IS REQUIRED BY LAW. The vehicle is not being purchased for export or resale and allows a refund from the customer of any GM moneys paid should that customer resell or export a GM vehicle without the dealer's knowledge. Government Sales / Comm Fleet We agree that: (1) transactions where multiple cars are purchased by a single purchaser and payment is delayed ("Bulk Defened Transactons") are not ordinary course transactions; (2) the Dealership's lender, Ally Bank (along with its affiliates, ("Lende/')), has not authorized the Dealership to sell or othenrise dispose of (and has not consented to the sale or other disposition of) vehicles in Bulk Defened Transactions free of its security interest in the vehicles; (3) the purchase of vehicles in Bulk Defened Transactions free of the security interest of Lender would violate the terms of the Dealership's financing documents with Lender and the rights of Lender would violate the terms of the Dealership's financing documents with Lender and the rights of Lender in the vehicles; (a) the Purchaser is not a "buyer in ordinary course of business" as defined in the Uniform Commercial Code; and (5) accordingly, the sale of vehicles by the Dealership to the Purchaser in Bulk Deferred Transactions will not extinguish Lender's security interest in the vehicles. Lender's security interest in a vehicle will automactically extinguish when payment is made for that vehicle. This provision may only be changed by written notice from Lender. $ 58951.79 USEDVEHICLE ALLOWANCE TRADE 1 lr4AKE OF TRADE-lN YEAB MODEL SEBIAL # USEOVEHICLE ALLOWANCE TRADE 2 MAKE OF TRADE.IN YEAB lvlODEL SEBIAL # You understand that this agreement (including the terms on the back) is an offer to purchase the vehicle described which will become a binding contract once the dealer has signed it. This document represents the complete agreement between you and the dealer regardless of any other oral, written or prior agreements or representations. However, if you are buying a used vehicle, the information you see on the window form for this vehicle is part of the contract and the information on the window form overrides any contrary provisions in this contract. By signing this contract, you are certifying that you are at least 18 years old (if there are two buyers, that at least one of you is 18 years old), that you have read this contract front and back, and agree to its terms, and that you have received a copy of it. $ 58951.79 srATE & LocAL rAxEs N,/A $ 58951.79 FITNESS FOR PURPOSE OFTHIS FOBM, CONSULTYOUR OWN LEGAL COUNSEL,Reynolds and Reynolds Company FL640823_e Q (06/1 8)