Page 104 - CityofEulessFY26AdoptedBudgetOrdinance2432
P. 104

CITY OF EULESS
                                           DEBT SERVICE REQUIREMENTS



            DESCRIPTION:                  AXON   ENTERPRISE,    INC.  LEASE


            DATED:                        June 13,  2023
            ORIGINAL   AMOUNT: $            1, 139, 386

            INTEREST   RATES:


            PAYING   AGENT:               AXON   ENTERPRISE,    INC.
            OPTION   DATE:                N/ A
                                                INTEREST              PRINCIPAL                  TOTAL
                YEAR         INTEREST        December/ March       December/ March          REQUIREMENTS
                 2026 $                                                  226, 895 $              226, 895
                 2027 $                                                  226, 895 $              226, 895
                 2028 $                                                  226, 895 $              226, 895

            TOTAL $                                  0 $                680, 686 $               680, 686

            The lease was used to finance an integrated camera and taser system along with related hardware and software for the police
            department.















































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                Ordinance No.  2432,  Page 98 of 474
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