Village of Falconer Minutes Regular Board of Trustee Meeting 2026-05-11
Falconer Secures CAT Equipment Financing Arrangement
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Description
Falconer authorized financing for the new Cat 420 backhoe through Caterpillar Financial Services Corporation. The arrangement includes four annual payments of $30,131.12 after an initial payment covered by equipment trade-in.
Contract Details
Vendor
CATERPILLAR FINANCIAL SERVICES CORPORATION
Agency
Village of Falconer, NY
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Contract Term
Four additional annual payments of $30,131.12 after first payment
Renewal Info
Financing term runs through completion of four annual payments following the first trade-in-funded payment; no automatic renewal indicated.
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