town-of-thornton-regular-board-meeting-agenda-october-6-2025_639.pdf
Village Makes Capital Lease Payment to Government Leasing
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Description
Village financials show $55,038.07 in principal and interest payments to Government Leasing and Finance Inc. toward a capital lease loan, likely for fire equipment. Funds are transferred to and from debt service accounts to cover the obligation.
Contract Details
Contract Amount
$55,038.07
Vendor
GOVERNMENT LEASING AND FINANCE INC
Agency
Town of Thornton, IL
Contract Type
FINANCIAL_SERVICES
Document Date
October 6, 2025
Renewal Info
Repayment continues under the terms of the existing capital lease until maturity; details not provided in the agenda.
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