County Approves Lease-Purchase of Four Dump Trucks
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Description
Commissioners approved a seven-year master lease-purchase agreement with Lease Servicing Center Inc DBA NCL Government Capital to finance four dump trucks for approximately $1.158 million at 5.5% interest. Annual payments of about $178,000 are budgeted for the Road Department fleet upgrade.
Contract Details
Contract Amount
Approximately $1.158 million financed; annual payments about $178,000
Vendor
LEASE SERVICING CENTER INC DBA NCL GOVERNMENT CAPITAL
Agency
Crook County, OR
Contract Type
EQUIPMENT
Document Date
March 18, 2026
Contract Term
7-year term at 5.5% interest
Renewal Info
Lease-purchase structured for a fixed 7-year term at 5.5% interest; no renewal options were described.
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