Town of Newberry Awards $1,300,000 Lease-Purchase Finance Agreement Contract to First Community Bank (November 2024)
Town of NewberryCity · IN- Disclosed value
- $1,300,000
- From minutes
- Approved
- Nov 12, 2024
- Term
- 6 years
The 30-second brief
City of Newberry approves a lease-purchase finance agreement with First Community Bank for $1,300,000 to finance the purchase of Public Works Equipment, including a street sweeper, garbage truck, A-boom, and knuckleboom. The agreement has an interest rate of 5.05% for a term not exceeding six years.
First Community Bank holds this lease-purchase finance agreement contract with Town of Newberry. Its other public contracts on record include work for CAMERON COUNTY DRAINAGE DISTRICT 5 and HARLINGEN SCHOOL OF HEALTH PROFESSIONS.
Term as filed: 6 years.
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Contract details
- Contract type
- Lease-Purchase Finance Agreement
- Amount
- $1,300,000
- Document date
- November 12, 2024
- Term
- 6 years
- Vendor
- First Community Bank
- Agency
- Town of Newberry
- Source document
- newberry-city-council-meeting-minutes-november-12-2024_e37.pdf (Minutes)
First Community Bank's other public contracts
More Town of Newberry contracts
Questions about this contract
Who was awarded the lease-purchase finance agreement contract by Town of Newberry?
First Community Bank was awarded this lease-purchase finance agreement contract by Town of Newberry, as recorded on November 12, 2024. The contract value is $1,300,000.
How much is the First Community Bank contract with Town of Newberry worth?
The First Community Bank contract with Town of Newberry is valued at $1,300,000, covering lease-purchase finance agreement work.
What type of contract is this?
This is a Lease-Purchase Finance Agreement contract, documented as a minutes record.
Where was this contract approved?
This contract appears in newberry-city-council-meeting-minutes-november-12-2024_e37.pdf (Minutes), dated November 12, 2024 from Town of Newberry. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First Community Bank hold?
First Community Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Newberry currently buying?
Explore Town of Newberry's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.