Civic IQ
FINANCIAL_SERVICESAPPROVED

City of Franklin City Council Meeting Agenda May 2026

Fire command Tahoe financed through Huntington lease

Not to exceed $92,500 paid over four years in annual installmentsTown of FranklinHUNTINGTON NATIONAL BANKMay 4, 2026

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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

Franklin Council authorized a four-year lease-to-purchase agreement with Huntington National Bank for a 2026 Chevy Tahoe fire command vehicle and associated upfitting. The total lease amount will not exceed $92,500, paid in annual installments from the capital improvement fund.

Contract Details

Contract Amount

Not to exceed $92,500 paid over four years in annual installments

Vendor

HUNTINGTON NATIONAL BANK

Agency

Town of Franklin, OH

Contract Type

FINANCIAL_SERVICES

Document Date

May 4, 2026

Contract Term

Four-year lease-to-purchase term

Renewal Info

Tax-exempt lease-purchase with annual appropriation; includes options to purchase or prepay as set forth in the property lease documents.

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