City of Nanticoke Council Meeting Minutes April 15 2026
Nanticoke Approves Lease-Purchase of Police SUV
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Description
The City of Nanticoke Council approved Resolution #9 of 2026 to acquire a 2026 Ford Interceptor SUV and related equipment from Miracle Ford through a 5-year lease-purchase totaling $70,568.61 plus fees at 5.32% interest. The agreement includes a $1 buyout at lease end and a $350 documentation fee, with payments beginning in 2027.
Contract Details
Contract Amount
$70,568.61 plus $350 Documentation Fee, $1 buyout at lease end
Vendor
MIRACLE FORD
Agency
City of Nanticoke, PA
Contract Type
EQUIPMENT
Document Date
April 15, 2026
Contract Term
5-year lease-purchase, payments beginning in 2027
Renewal Info
5-year lease-purchase with $1 buyout at lease end; no renewal terms mentioned.
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City of Nanticoke Council Meeting Minutes April 15 2026
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