District Maintains Equipment Financing through Financial Institution
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Description
Tice Fire Protection & Rescue Service District maintains lease-purchase agreements with a financial institution for major fire vehicles, equipment, and medical devices, totaling $517,530 in outstanding principal as of September 2023.
Contract Details
Contract Amount
$517,530 outstanding principal as of September 30, 2023; varying original note principal amounts: $380,000, $250,000, $74,512, $122,199 (original equipment financing)
Vendor
FINANCIAL INSTITUTION
Agency
Tice Fire & Rescue District, FL
Contract Type
FINANCIAL_SERVICES
Document Date
September 30, 2023
Contract Term
Through December 2031 (varies by equipment note; see Note 5 for schedule)
Renewal Date
2031-12-31
Renewal Info
Notes amortize according to payment schedule; no auto-renewal but new notes may be originated as equipment is acquired.
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