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HomeMy WebLinkAbout06- Ressler Motors Agreement AGREEMENT THIS AGREEMENT entered into on the ~ day of SlN\\\l~'I') , 200(.. by the parties, the CITY OF BOZEMAN (hereinafter, CITY), a municipal corporation, at 411 E. Main Street, Bozeman, Montana 59715 and RESSLER MOTORS (herein after RESSLER) at 1735 West Main Street, Bozeman Montana 59715. The parties agree as tollows: 1. RESSLER agrees to provide to the CITY a 200~ Chevrolet 3/4 ~-ton pickup, VIN c;ctrk: ;J..;. u.. 8'~ 1= ( /7 5g I # I for its exclusive use from j- I~ ,2006 through l.::Lt:.).OO_L. RESSLER will not charge the CITY any costs including interest tor the use of the vehicle. The approximate value of said vehicle is $ 33 I ()oD . In no event shall the CITY have authority to sell, lease, or otherwise dispose of the vehicle without written permission of RESSLER. 2. The parties further agree that RESSLER will provide the City with a title to the vehicle while maintaining a security interest tor the value of the vehicle. This agreement acts as a creation of a security interest tor RESSLER in the vehicle. The CITY specifically agrees to the creation 0 f a security interest as allowed by Montana law. 3. The CITY agrees to keep and maintain the vehicle in good repair. The CITY further agrees to return said vehicle to RESSLER in as good condition as received except tor ordinary wear and tear. The CITY further agrees to insure the vehicle in the same manner as all City- owned vehicles and to pay tor the vehicle registration. 4. In the event it becomes necessary tor either party to this agreement to retain an attorney or use an in-house counsel, to include the City Attorney, to enforce any of the ternlS or conditions ofthis agreement, then the prevailing party shall be entitled to reasonable attorney's fees and costs, to include fees, costs, and salary of in-house counsel. 5. Either party may terminate this agreement by giving sixty (60) days written notice to the other party. Said notice shall be served by registered mail and directed to the City at Post Office Box 1230, Bozeman, Montana 59771-1230, Attention: City Manager, and to RESSLER at 1735 West Main Street, Bozeman, Montana 59715. RESSLER MOTORS BY: cffi &- Chris Nelson General Manager CITY OF BOZEMAN BY:~)(~' Chris Kukulski City Manager ATTEST: ~u{.~ Clerk of the Commission V:\60DOCS\Resslcr vehicle agree 06 Draft,doc