City of Owasso Council, OPWA, and OPGA Meeting Agenda Packet May 2026
City Approves 48‑Month Fleet Lease with Enterprise
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Description
Owasso City Council approved a 48‑month Open-End (Equity) Lease with Enterprise Fleet Management, Inc. for six 2026 model fleet vehicles, with total down payments exceeding $200,000 and low monthly lease rates per unit. The agreement is contingent on annual appropriations and includes authorization to execute all necessary documents.
Contract Details
Contract Amount
Down payments totaling $218,840.51 and monthly lease rates between $32.34 and $34.90 per vehicle for six vehicles over 48 months
Vendor
ENTERPRISE FLEET MANAGEMENT INC
Agency
City of Owasso, OK
Contract Type
EQUIPMENT
Document Date
May 18, 2026
Contract Term
Forty-eight (48) months
Renewal Info
Open-end equity lease with a 48‑month term; continuation is contingent upon annual City Council appropriations.
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