Civic IQ
CONTRACTPENDING
Get alerts

City to Acquire Armored Vehicle via Lease Purchase

City of The Colony logoCity of The Colony
Disclosed value
$421,234.45
From agenda
Document date
Sep 16, 2025
Term
7 years

The 30-second brief

What it covers

The City Manager is seeking approval to execute a lease purchase agreement with Municipal Asset Management Inc. to purchase a Lenco armored security vehicle. The total cost of the seven year lease purchase will not exceed $421,234.45 with annual payments not to exceed $60,176.35.

Who holds it

Municipal Asset Management holds this lease purchase contract with City of The Colony. Its other public contracts on record include work for Six Mile Creek Community Development District.

What happens next

Term as filed: 7 years.

See who signed off on this $421.2K contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Lease Purchase
Amount
$421,234.45
Document date
September 16, 2025
Term
7 years
Vendor
Municipal Asset Management
Agency
City of The Colony
Source document
city-of-the-colony-city-council-agenda-september-16-2025_63a.pdf (Agenda)

Municipal Asset Management's other public contracts

Six Mile Creek Community Development District, FloridaFitness Equipment Lease With Municipal Asset Management Nears End · Aug 27, 2026Six Mile Creek Community Development District, FloridaReverie Fitness Equipment Lease With Municipal Asset Management · Aug 27, 2026$6.8KSix Mile Creek Community Development District, FloridaFitness equipment leases with Municipal Asset Management funded · Aug 17, 2026Six Mile Creek Community Development District, FloridaDistrict continues fitness equipment lease through Jan 2027 · Jul 8, 2026UndisclosedSix Mile Creek Community Development District, FloridaFitness Equipment Lease with Municipal Asset Management · Jul 1, 2026All Municipal Asset Management contractsVendor profile

More City of The Colony contracts

Denton County ElectionsThe Colony Approves Denton County Election Services Agreement · Oct 16, 2026UndisclosedNorth Texas Tollway Authority (Ntta)The Colony Approves Two-Year NTTA Police Services Agreement · Oct 16, 2026Vertosoft LLCThe Colony Plans $169,607 Asset Software Purchase · Oct 16, 2026$169.6KAll City ManagementThe Colony Awards School Crossing Guard Services Contract · Oct 16, 2026$153.4KBlue Sky Sports Center LPThe Colony Approves Consent to Blue Sky Asset Sale · Oct 16, 2026UndisclosedAll City of The Colony activityAgency profile

Questions about this contract

Who was awarded the lease purchase contract by City of The Colony?

Municipal Asset Management was awarded this lease purchase contract by City of The Colony, as recorded on September 16, 2025. The contract value is $421,234.45.

How much is the Municipal Asset Management contract with City of The Colony worth?

The Municipal Asset Management contract with City of The Colony is valued at $421,234.45, covering lease purchase work.

What type of contract is this?

This is a Lease Purchase contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-the-colony-city-council-agenda-september-16-2025_63a.pdf (Agenda), dated September 16, 2025 from City of The Colony. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Municipal Asset Management hold?

Municipal Asset Management may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of The Colony currently buying?

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

Work in government? Get Civic IQ free →
More City of The Colony contracts →Browse all agencies in Texas →