Shepherd village Awards Equipment Contract to Leasing Il (April 2026)

The Village Council approved a resolution to acquire an Elgin Street Sweeper through Leasing Il, with five annual payments of $35,374.46 at 6.99% interest. The financing arrangement for the equipment purchase was adopted on a 6-0 roll call vote.

Document date · April 6, 2026

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Scope & details

The full contract record, as filed.

Contract amount

5 annual payments of $35,374.46 at 6.99%

Contract type

EQUIPMENT

Contract term

5 annual payments

Renewal

Financing structured as a five-year annual payment schedule; no renewal or extension terms mentioned.

Document type

Minutes

Source document

Village of Shepherd Council Meeting Minutes April 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the equipment contract by Shepherd village?

Leasing Il was awarded this equipment contract by Shepherd village, as recorded on April 6, 2026. The contract value is 5 annual payments of $35,374.46 at 6.99%.

How much is the Leasing Il contract with Shepherd village worth?

The Leasing Il contract with Shepherd village is valued at 5 annual payments of $35,374.46 at 6.99%, covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Village of Shepherd Council Meeting Minutes April 2026 (Minutes), dated April 6, 2026 from Shepherd village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Leasing Il hold?

Leasing Il may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Leasing Il's profile

What is Shepherd village currently buying?

Explore Shepherd village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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