AMI Lease Financing Approved with Regional Missouri Bank
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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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