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FINANCIAL_SERVICESAPPROVED

Marceline City Council Minutes December 2025

AMI Lease Financing Approved with Regional Missouri Bank

City of MarcelineREGIONAL MISSOURI BANKDecember 10, 2025

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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

Description

The Marceline City Council approved a 10-year lease purchase financing with Regional Missouri Bank at 4.5% interest to fund the Advanced Metering Infrastructure (AMI) Project. The financing proposal was selected after consultation with staff and the financial advisor.

Contract Details

Vendor

REGIONAL MISSOURI BANK

Agency

City of Marceline, MO

Contract Type

FINANCIAL_SERVICES

Document Date

December 10, 2025

Contract Term

10-year lease purchase at 4.5%

Renewal Date

2035-12-10

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