City Approves Fire Engine Lease-Purchase with Leasing 2, Inc.
Trusted by teams at
Description
The Village City Council approved a seven-year, $1,198,292.11 lease-purchase agreement with Leasing 2, Inc., to finance a new Sutphen Heavy Duty Custom Fire Engine at 4.82% interest. The City Manager is authorized to execute the agreement pending legal review.
Contract Details
Contract Amount
$1,198,292.11 at a 4.82% interest rate
Vendor
LEASING 2 INC
Agency
City of The Village, OK
Contract Type
FINANCIAL_SERVICES
Document Date
March 9, 2026
Contract Term
seven (7) years
Renewal Date
2033-03-09
Renewal Info
Agreement is for a fixed seven-year term with no renewal terms mentioned.
More from LEASING 2 INC
More from City of The Village
The Village City Council Regular Meeting Agenda March 2026
The Village City Council Regular Meeting Agenda March 2026
The Village City Council Regular Meeting Agenda March 2026
The Village City Council Regular Meeting Agenda March 2026
The Village City Council Regular Meeting Agenda March 2026
Get alerts on contract renewals, new awards, and vendor activity.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.