‘MANSUETO
DISPLAY
ASSOCIATES

1763 east hastings street e vancouver e british columbia phone 254-9321

Purchasing Manager,
City of Pert Coquitlam,
Port Coquitlam, B.C. Feb. 22, 1973,

Dear Sir;

Please consider this letter as a proposal from our firm
to lease a parade float to the City of Port Coquitlam.

(Cur proposal and description of the float we would build
for you in 1973 has been submitted in a separate letter,

(As stated in that letter, we would build and sell a 1973
float to you for a price of $4,500, including all taxes. The
City, while owning the float, also would be faced with the
attendant expenses of storage, maintenance of the float's
engine, battery, tires, insurance, etc.)

As an alternative, we can make such a parade float available
to you on a lease basis at a cost of $3,250.00. This sum includes
the finished float for 1973, as described in the separate letter
and accompanying rendering, plus first refusal on the all-steel

chassis for the ensuing three years (1974 through 1976).

The chassis would, of course, be stored on our premises;

the maintenance and other costs mentioned above would also be
precluded,
A lease agreement with our firm means, in effect, that the
City would be saving $1,250 for a 1973 parade float, plus the
on~going expenses of storage, maintenance, insurance, etc.
apf
PARADE FLOATS — ANIMATIONS — INDOOR- OUTDOOR DISP. sl

(2)

I would like to point out that your rights to the float
chassis need not be consecutive. In other words, the City
may not wish to have a parade float in 1974; it still would
maintain its first-rights to the chassis in the remaining two
yearse

Leasing of parade floats has become quite common in Canada
and the U.S. We have existing lease agreements with a number
of our clients and the arrangement is working out most
satisfactorily.

We would be pleased to furnish you with further information

should you so desire; please do not hesitate to call me.

Yours truly,

MANSUETO DISPLAY-ASSOCIA' LATE,
Boks t [i coaedt

Gian Mansueto,

President.