town-of-clover-town-council-meeting-minutes-august-11-2025_688.pdf
Cogent Bank Awarded $389K Town Equipment Lease
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Description
Town of Clover approves a lease purchase agreement with Cogent Bank for $389,427.50 to finance equipment and three police vehicles over five years at a 3.99% interest rate. Payments will commence on March 1, 2026.
Contract Details
Contract Amount
$389,427.50
Vendor
COGENT BANK
Agency
Town of Clover, SC
Contract Type
Lease Purchase
Document Date
August 11, 2025
Contract Term
5 years
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