Newberry Approves $550K Vacuum Truck Lease-Purchase Agreement
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Description
City of Newberry approves a lease-purchase agreement with First Community Bank for a vacuum truck, not exceeding $550,000 with an interest rate of 4.59% over four years. The agreement is subject to annual appropriation of funds.
Contract Details
Contract Amount
$550,000
Vendor
FIRST COMMUNITY BANK
Agency
City of Newberry, SC
Contract Type
Lease-Purchase Agreement
Document Date
August 13, 2024
Contract Term
4 years
Renewal Date
NA
Renewal Info
NA
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