city_of_painesville_proposed_budget_fiscal_year_20.pdf
City to retire Johnson Controls Fund 710 debt early
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Description
The City of Painesville plans to pay off $141,703 in remaining financed obligations to Johnson Controls early in 2026 as part of its debt reduction strategy. This accelerates retirement of an existing equipment and controls contract recorded in Fund 710.
Contract Details
Contract Amount
$141,703
Vendor
JOHNSON CONTROLS
Agency
Town of Painesville, OH
Contract Type
EQUIPMENT
Document Date
November 17, 2025
Renewal Info
Debt is being paid off early; no renewal is indicated and the obligation will be retired upon payoff.
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