Town of Bay Harbor Islands Council Meeting Agenda May 2026
Town Approves Lease-Purchase Financing for Street Sweeper
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Description
The Town Council approved a Master Lease Purchase Agreement with NCL Government Capital on January 14, 2026 to finance a Karcher MC250 street sweeper costing $256,346, payable in five annual installments of $57,934.86. The agreement enables the Town to acquire critical street maintenance equipment through lease-purchase financing.
Contract Details
Contract Amount
$256,346.00 with 5 annual payments of $57,934.86
Vendor
NCL GOVERNMENT CAPITAL
Agency
Town of Bay Harbor Islands, FL
Contract Type
EQUIPMENT
Document Date
May 13, 2026
Contract Term
Five annual payments
Renewal Info
Five-year lease-purchase structure with five annual payments; no explicit renewal beyond payoff described.
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Town of Bay Harbor Islands Council Meeting Agenda May 2026
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