Installment Purchase for Vactor Truck with Jack Doheny Companies Approved
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Description
Council authorized an installment purchase agreement with Jack Doheny Companies, Inc. for up to $240,000 for a 2014 Vactor 2100 Truck, to be financed at 3.99% interest for up to six years.
Contract Details
Contract Amount
Not to exceed $240,000
Vendor
JACK DOHENY COMPANIES INC
Agency
Town of West Branch, MI
Contract Type
EQUIPMENT
Document Date
June 1, 2026
Contract Term
Not to exceed 6 years
Renewal Date
2032-06-01
Renewal Info
Installment purchase over up to six years; city retains option to pay off balance sooner as per agreement terms. Resolution 26-13 grants purchase/financing authority.
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