City of West Fargo Agenda Packet 2026-05-04
Second-Year DebtBook Lease Management Subscription Paid
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Description
West Fargo paid FIFTH ASSET INC DBA DEBTBOOK $6,500.00 for the second year of a three‑year subscription to its lease and SBITA management software, covering May 22, 2025 through May 21, 2028. The platform supports GASB compliance for lease accounting.
Contract Details
Contract Amount
$6,500.00
Vendor
FIFTH ASSET INC DBA DEBTBOOK
Agency
City of West Fargo, ND
Contract Type
TECHNOLOGY
Document Date
May 4, 2026
Contract Term
Second payment of a 3‑year subscription billed annually, 05/22/2025–05/21/2028
Renewal Date
2028-05-21
Renewal Info
Three‑year subscription term 05/22/2025–05/21/2028 billed annually; future renewal beyond 2028 would need Commission approval.
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