Date: March 11, 2015
To: Mr. Mark Staehlin
Controller
Community High School District 99
6301 Springside Avenue
Downers Grove, IL 60516-2488
From: Jeff Wolinski
Wintrust Capital
9700 W. Higgins Road
Rosemont, IL 60018
Re: Lease Guidance Line for $2,000,000.00 –SUBJECT TO FINAL CREDIT APPROVAL
Wintrust Capital is pleased to present this equipment lease guidance line facility thru December 31, 2015 for your upcoming
equipment expenditures. The details of the proposed transaction are as follows:
Lessor: Wintrust Capital
Lessee: Community High School District 99
Guidance Line: $2,000,000.00 of eligible Equipment
Cross Default/Collateral: The lease will be cross-defaulted and cross-collateralized against other existing Wintrust debt
of the Lessee.
Equipment: Technology, FF&E, and other equipment
Equipment (Teachers) Qty Cost/Unit Total Cost
Lenovo Laptops E540 75 565.00$ 42,375.00$
Lenovo ThinkPad Yoga S1 Tablets 409 1,150.00$ 470,350.00$
512,725.00$
Equipment (Students) Qty Cost/Unit Total Cost
Acer C720 Chromebooks 3,700 299.00$ 1,106,300.00$
Google Management SW 3,700 25.50$ 94,350.00$
Cases 3,700 12.65$ 46,805.00$
337.15$ 1,247,455.00$
Total Cost (Teachers & Students) 1,760,180.00$
Annual Lease Rate Factor 0.3381763
Annual Rental Rate 595,251.19$
Lease Term: 3 years per lease schedule
Lease Rate Factor (LRF): The TAX EXEMPT annual lease rate factor is .3381763.
Indexed Rates: The lease rate factor quoted above is as of February 24, 2015. It will float based upon
changes in the 2 year swap rates. Upon lease commencement, the lease payment will be
fixed for the term of the lease, subject to the terms of the lease schedule and master lease
agreement. The current rate is 1.46%.
Payment Frequency: Billed annually, in advance, via electronic transfer (ACH).
Advance Rental Payments: None required
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