LAC 34:I.5324. Taxes

A. The purchase of the selected equipment by the nonprofit lessor are exempt from state and local sales tax to the same extent as the state would be if the state was making the actual procurement, all in accordance with R.S. 39:1765.B. Attachment "A" American Bank and Trust Company Four United Plaza 8555 United Plaza Boulevard, Suite 302 Baton Rouge, Louisiana 70809 Attention: J. Michael Brouillette Vice President and Trust Officer RE: Louisiana Public Facilities Authority Revenue Bonds (State of Louisiana Equipment Leasing Program) Series 1985 Gentlemen: §1. TO BE COMPLETED BY THE DIVISION OF ADMINISTRATION: This is to advise you as Trustee for the above referenced issue of bonds that the equipment described in purchase/release order number , attached hereto, has been received and accepted by the applicable purchasing agency and approval is hereby given for payment of the purchase price of said equipment. APPROVAL: Authorized State Representative Date §2. TO BE COMPLETED BY USING AGENCY: Also be advised that the using agency certifies the following applicable information: The equipment is being insured under the state's self-insurance program, or if under commercial coverage a copy of the binder is attached. The equipment shall be located in the parish of The serial number (if available) is No. The state's inventory control number (if applicable) assigned by the using agency is Also attached are the title documents necessary to place legal title in the Louisiana Public Facilities Authority to the Item of Equipment which is to be purchased upon payment to the vendor of the purchase price thereof. Agency Comments ______________ ________________ ____________________________ __________________ ACCEPTANCE: ___________________________ Authorized Using Agency Official Date