City of North Platte Council Meeting Agenda Packet May 19, 2026
Sanitation Fleet Lease-Purchase with U.S. Bancorp Proposed
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Description
The City of North Platte is poised to accept a 6-year, 4.42% lease-purchase proposal from U.S. Bancorp Government Leasing and Finance, Inc. to finance two Freightliner semi-tractors and two Mac Waste moving floor semi-trailers for the Sanitation Department. The $556,542.00 package includes a $31,900 down payment and annual payments of $99,486.04 on a $524,642.00 financed balance.
Contract Details
Contract Amount
Total $556,542.00; net amount financed $524,642.00; annual payments $99,486.04 at 4.42% interest over 6 years
Vendor
U.S. BANCORP GOVERNMENT LEASING AND FINANCE INC
Agency
North Platte Airport Authority, NE
Contract Type
FINANCIAL_SERVICES
Document Date
May 17, 2026
Contract Term
6-year lease, first payment due December 2026
Renewal Info
Initial 6-year lease-purchase agreement; no renewal options mentioned.
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City of North Platte Council Meeting Agenda Packet May 19, 2026
City of North Platte Council Meeting Agenda Packet May 19, 2026
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