Town of Hollis Select Board Public Minutes 2026-05-18
Hollis Approves Lease Financing for Police Cruisers
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Description
The Hollis Select Board approved a three-year capital lease with TD Equipment Finance, Inc. for two police cruisers, totaling up to $121,761.12 with payments spread over three years at 4.44% interest. The Finance Director and Town Administrator were authorized to execute the lease documents.
Contract Details
Contract Amount
Not more than $121,761.12 (three annual payments of $40,587.04)
Vendor
TD EQUIPMENT FINANCE INC
Agency
Town of Hollis, NH
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Three-year lease; three annual payments at 4.44% interest
Renewal Info
Three-year fixed-term capital lease; no renewal or extension options mentioned.
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