City of Newton Agenda Packet 2026-06-02
Vehicle Lease Approved with Enterprise Fleet Management
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Description
The City of Newton approved a 60-month capital lease with Enterprise Fleet Management for one city vehicle, as required for GASB 87 lease accounting compliance.
Contract Details
Vendor
ENTERPRISE FLEET MANAGEMENT
Agency
City of Newton, NC
Contract Type
EQUIPMENT
Document Date
June 2, 2026
Contract Term
60-month lease for vehicles
Renewal Info
Lease is for 60 months, with recognition of total obligation upon placing vehicle into service.
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