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FINANCIAL_SERVICESREJECTED

City of Warrensburg Council Agenda January 2026

Community National Lease Financing Bid Rejected

$1,928,000 (proposed for equipment lease; 4.70% fixed interest, $3,750 fee, no prepayment penalty)City of WarrensburgCOMMUNITY NATIONAL BANK & TRUSTJanuary 26, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

Community National Bank & Trust participated in the financing bid process for the City's fire engine lease; its proposal was not selected in favor of Clayton Holdings, LLC.

Contract Details

Contract Amount

$1,928,000 (proposed for equipment lease; 4.70% fixed interest, $3,750 fee, no prepayment penalty)

Vendor

COMMUNITY NATIONAL BANK & TRUST

Agency

City of Warrensburg, MO

Contract Type

FINANCIAL_SERVICES

Document Date

January 26, 2026

Contract Term

Proposed 10-year lease-purchase; actual agreement placed with Clayton Holdings, LLC

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