Marceline City Council Meeting Minutes January 2026
Lease Financing for AMI Project Approved with Regional Missouri Bank
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Description
Marceline City Council selected Regional Missouri Bank for a ten-year, 4.5% interest lease purchase agreement to finance the AMI project. The agreement was formally approved via Ordinance Number 35.2602.
Contract Details
Vendor
REGIONAL MISSOURI BANK
Agency
City of Marceline, MO
Contract Type
FINANCIAL_SERVICES
Document Date
January 14, 2026
Contract Term
10 years at 4.5% interest rate
Renewal Date
2036-01-14
Renewal Info
10-year lease purchase; expiration anticipated January 2036.
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