City of Bloomington City Council Regular Session Agenda 2026-06-08
Lease-Purchase Agreement Approved with De Lage Landen
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Description
De Lage Landen Public Finance, LLC will provide lease-purchase financing for citywide multi-function print/copy/fax devices for five years, totaling up to $314,290.80.
Contract Details
Contract Amount
$43,946.64 per year for five years (total to not exceed $314,290.80)
Vendor
DE LAGE LANDEN PUBLIC FINANCE LLC
Agency
Town of Bloomington, IL
Contract Type
EQUIPMENT
Document Date
June 8, 2026
Contract Term
Five (5) years
Renewal Date
2031-06-08
Renewal Info
Agreement for five years; future lease-purchases subject to new approval.
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