Town of Underhill Selectboard Meeting Minutes January 8 2026
2021 Dump Truck Lease-Purchase Agreement
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Description
An ongoing equipment installment purchase agreement with Municipal Leasing Consultants finances the Town's 2021 dump truck, with a remaining principal of $60,476 and payments due through April 2027.
Contract Details
Contract Amount
$60,476 (ending balance at June 30, 2025), originally $69,900
Vendor
MUNICIPAL LEASING CONSULTANTS
Agency
Town of Underhill, VT
Contract Type
EQUIPMENT
Document Date
January 8, 2026
Contract Term
Principal and Interest Payments of $13,890, final $40,000 payment due April 2027, interest at 6.39%
Renewal Date
2027-04-05
Renewal Info
Final balloon payment due April 2027.
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