Village of Unionville Council Meeting Minutes March 2026
Unionville Village Approves $73,000 Backhoe Purchase from INA Store INC
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Description
The Village of Unionville Council approved the acquisition of a 2023 Case Backhoe Loader Utility Plus 575N EP 4WD from INA Store INC. The equipment will be financed through a $73,000, five-year installment purchase agreement at 5.15% interest, under Resolution VOU082-2026.
Contract Details
Contract Amount
Not to exceed $82,500.00 (purchased at $73,000.00 financed)
Vendor
INA STORE INC
Agency
Unionville village, MI
Contract Type
EQUIPMENT
Document Date
March 16, 2026
Contract Term
5 years (Installment Purchase Agreement, monthly payments beginning May 15, 2026, based on a 360-day year, 30-day month)
Renewal Date
2031-05-15
Renewal Info
Installment purchase agreement is for five years with prepayment allowed at any time without penalty. No automatic renewal; expires after five-year term or earlier if prepaid.
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