Lenawee County Personnel/Ways & Means Committee Minutes May 2026
Drain Commission to finance new excavator purchase
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Description
The committee recommended purchasing a 2026 excavator with thumb and drum mulcher attachments from Southeastern Equipment Co., financing up to $279,932.28 over 60 months at 1.39%. The Drain Commission expects billable work to cover both loan and service obligations.
Contract Details
Contract Amount
Not to exceed $279,932.28
Vendor
SOUTHEASTERN EQUIPMENT COMPANY
Agency
Lenawee County, MI
Contract Type
EQUIPMENT
Document Date
May 12, 2026
Contract Term
Financing for 60 months at 1.39% interest
Renewal Date
2031-05-12
Renewal Info
New five-year financed equipment purchase; no renewal terms indicated beyond the 60-month finance period.
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Lenawee County Board of Commissioners Meeting Agenda May 2026
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