FINANCIAL_SERVICESAPPROVED

City of Rock Falls Awards Financial Services Contract to Tax Exempt Leasing Corp (July 2026)

Rock Falls approved a three-year lease purchase agreement with Tax Exempt Leasing Corp to finance two 2026 Chevy Tahoe PPV AWD patrol vehicles, with the first payment of $56,313.40 due in FY 2028. The structure spreads vehicle costs over multiple years.

Status
APPROVED
Document date
July 7, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Tax Exempt Leasing Corp
Agency
City of Rock Falls · IL

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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

Scope & details

The full contract record, as filed.

Contract amount
$56,313.40 annually (first payment)
Contract type
FINANCIAL_SERVICES
Contract term
Three-year lease purchase
Renewal
Three-year lease purchase term; renewal or buyout terms beyond the lease are not detailed.
Document type
Minutes
Source document
City of Rock Falls Regular meeting minutes of the Mayor and Aldermen 2026-07-07

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Rock Falls?

Tax Exempt Leasing Corp was awarded this financial services contract by City of Rock Falls, as recorded on July 7, 2026. The contract value is $56,313.40 annually (first payment).

How much is the Tax Exempt Leasing Corp contract with City of Rock Falls worth?

The Tax Exempt Leasing Corp contract with City of Rock Falls is valued at $56,313.40 annually (first payment), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Rock Falls Regular meeting minutes of the Mayor and Aldermen 2026-07-07 (Minutes), dated July 7, 2026 from City of Rock Falls. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tax Exempt Leasing Corp hold?

Tax Exempt Leasing Corp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Tax Exempt Leasing Corp's profile

What is City of Rock Falls currently buying?

Explore City of Rock Falls's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Rock Falls's profile

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