Specifications include, but are not limited to: The MOA anticipates acquiring capital assets or capital improvements during the term of the Master Lease Agreement. Items contemplated for this program include but are not limited to: • Data processing equipment and software, including software licensing • Energy efficient equipment • Firefighting apparatus • Office equipment • Public safety equipment and vehicles • Public transit equipment • Public works equipment • School Buses • Street maintenance and utility support equipment • Telecommunications equipment • Vehicles and miscellaneous equipment; The annual dollar volume for future equipment acquisitions is estimated to be between $1,000,000 and $15,000,000, although the annual amount could be higher. Proposed Lease Terms. Amount: $50,000,000. Minimum Draw: $50,000. Commitment Fee: None. Deposit Requirements: None. Prepayment Penalty: No prepayment allowed in the first two years. Thereafter, prepayment may be made in full, without penalty, on any date. Payment Frequency: Quarterly, semi-annually, or annually in arrears. Tax Status: Tax-exempt or Taxable. Lease Rates: Quoted for non-bank qualified leases that are at taxexempt or taxable status and fixed for the lease term. Lease Terms: Terms of the lease may be three to ten years, inclusive.