FINANCIAL_SERVICESPENDING

City Seeks Revised Bucket Truck Loan Terms

City staff proposed revising the existing financing arrangement with Marion National Bank for a new Altec electric bucket truck to a 5-year loan at 4.25% interest with $5,355.70 monthly payments. The change would replace the earlier Council-approved 3-year loan structure.

Status
PENDING
Document date
May 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Marion National Bank
Agency
Town of Marion · KS

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$25,000 down; 5-year loan at 4.25% (4.26 APR) with $5,355.70 monthly payment
Contract type
FINANCIAL_SERVICES
Contract term
5-year loan
Renewal
This is a proposed change to the original 3-year financing terms previously approved with Marion National Bank; final approval status not recorded in this packet.
Document type
AgendaPacket
Source document
City of Marion City Council Meeting Agenda Packet May 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Marion?

Marion National Bank was awarded this financial services contract by Town of Marion, as recorded on May 18, 2026. The contract value is $25,000 down; 5-year loan at 4.25% (4.26 APR) with $5,355.70 monthly payment.

How much is the Marion National Bank contract with Town of Marion worth?

The Marion National Bank contract with Town of Marion is valued at $25,000 down; 5-year loan at 4.25% (4.26 APR) with $5,355.70 monthly payment, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Marion City Council Meeting Agenda Packet May 2026 (AgendaPacket), dated May 18, 2026 from Town of Marion. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Marion National Bank hold?

Marion National 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.

View Marion National Bank's profile

What is Town of Marion currently buying?

Explore Town of Marion's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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