LAC 34:I.5324
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 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
AUTHORITY NOTE: Promulgated in accordance with R.S. 39:1761-1771.
HISTORICAL NOTE: Promulgated by the Office of the Governor, Division of Administration, LR 12:234 (April 1986).