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r 'ABN-AMRO . ABN ANTRO Incorporated 1675 Broadway, Suite 850 Denver,Colorado 80202-4629 (303)534-7500 (800)825-7505 FAX: (303) 534-5550 February 8, 1999 Mayor Joe Bard City of Batesville 500 Main Street Batesville, Arkansas 72501 At the request of Barry Kellerman I have enclosed our Rental Agreement for the financing of one (1) front loader truck. The documentation may look complicated, however, it has been made as simple as possible given the legal requirements to be met in order for ABN AMRO Incorporated ("AAI") to provide this financing. Please feel free to call for assistance at any time; we provide a toll free number for your convenience. For AAI to provide a timely funding for this transaction,we request the following: 1. Three years audited financial statements (please include entire credit as well as notes to the financial statements), unaudited financial statements for the most recent fiscal year if audited statements are not available, and a budget summary for the current fiscal year. Please send the financial statements as soon as possible in order for AAI to complete its credit analysis. 2. The Rental Agreement requires signature by the authorized individual with the signature witnessed and attested. Please supply printed names, titles and dates for both the authorized signator and the person witnessing/countersigning the signature. These names should be the same as those listed in Section 1 on Schedule A- A-3, Resolution of Governing Body; Extract of Minutes and on Schedule A-4, Certificate of Lessee. 3. The Rental Agreement sets forth the list of closing documents required to complete this transaction: (a) Schedule A, Equipment Description and Location - verify the equipment description; supply serial numbers, if available; complete the physical location of the equipment; complete dates of Fiscal period; and execute at the bottom. (b) Schedule A, Rental Payment Schedule - verify the payment amount as accurate and execute at the bottom. We understand the final equipment price is subject to change. Please notify us immediately of any change orders so this may be reflected on the Payment Schedule. (c) Schedule A-1,Acceptance Certificate - should be retained by Lessee until ALL of the equipment has been receivec, 'nspected and approved for acceptance by you. (d) Schedule A-2, Opinion of Lessee's Counsel -This should be provided on your attorney's letterhead using the format provided. Please urge your attorney to call us with any questions or comments. The legal opinion should be returned to ABN AMRO Chicago Corporation; 1675 Broadway, Suite 850; Denver, Colorado 80202.