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Community Leasing Proposes Police Vehicle Lease Option

City of Russell logoCity of Russell
Disclosed value
Not to exceed $180,000 at 5.094% for three years (proposed option)
From agenda
Document date
Nov 4, 2025
Term
Three (3) years (proposed)

The 30-second brief

What it covers

Community Leasing Partners offered a three-year, up-to-$180,000 lease-purchase option at 5.094% interest to finance Russell’s police vehicle fleet renewal. The proposal is under consideration as an alternative to other financing offers.

Who holds it

Community Leasing Partners holds this financial services contract with City of Russell. Its other public contracts on record include work for Carter County and Rescue Fire Protection District.

What happens next

Term as filed: Three (3) years (proposed).

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Contract details

Contract type
Financial Services
Amount
Not to exceed $180,000 at 5.094% for three years (proposed option)
Document date
November 4, 2025
Term
Three (3) years (proposed)
Vendor
Community Leasing Partners
Agency
City of Russell
Source document
City of Russell City Council Agenda November 2025 (Agenda)

Community Leasing Partners's other public contracts

Carter County, TennesseeCounty Considers Six-Year EMA Vehicle Lease · Oct 16, 2026Rescue Fire Protection District, CaliforniaRescue Fire District Finances Vehicle Through Community Leasing · Oct 12, 2026Borough of Jessup, PennsylvaniaJessup Considers Police Tahoe Lease With Community Leasing · Oct 11, 2026Fulshear Simonton Volunteer Fire Department, TexasDistrict Budgets $1.25 Million for Lease Financing · Sep 15, 2026$1.3MCentral Lyon County Fire District, NevadaFire District Authorizes $1.3 Million Apparatus Financing · Sep 10, 2026All Community Leasing Partners contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Russell?

Community Leasing Partners was awarded this financial services contract by City of Russell, as recorded on November 4, 2025. The contract value is Not to exceed $180,000 at 5.094% for three years (proposed option).

How much is the Community Leasing Partners contract with City of Russell worth?

The Community Leasing Partners contract with City of Russell is valued at Not to exceed $180,000 at 5.094% for three years (proposed option), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Russell City Council Agenda November 2025 (Agenda), dated November 4, 2025 from City of Russell. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Community Leasing Partners hold?

Community Leasing Partners 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 Russell currently buying?

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

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