EQUIPMENTAPPROVED

City of Bay St. Louis Awards Equipment Contract to Cadence Equipment Finance Dba Cadence Bank (December 2025)

The City of Bay St. Louis approved an equipment lease purchase agreement with Cadence Equipment Finance, a division of Cadence Bank, to finance two 2026 Kenworth T280 dump trucks for $320,000 at 4.91% interest over seven years. The agreement includes seven annual payments of $55,122.10, with documents and tax-exempt status authorized by council resolution.

Status
APPROVED
Document date
December 2, 2025
Contract type
EQUIPMENT
Vendor
Cadence Equipment Finance Dba Cadence Bank
Agency
City of Bay St. Louis · MS

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$320,000.00 (principal), 7 annual payments of $55,122.10 (total $385,854.70)
Contract type
EQUIPMENT
Contract term
December 16, 2025 – December 16, 2032 (7 years, annual payments)
Renewal date
2032-12-16
Renewal
Lease purchase schedule provides fixed annual payments through 2032; no renewals are described, but documents allow for date adjustments if closing extends into 2026.
Document type
Agenda
Source document
city_council_meeting_agenda_december_2025.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the equipment contract by City of Bay St. Louis?

Cadence Equipment Finance Dba Cadence Bank was awarded this equipment contract by City of Bay St. Louis, as recorded on December 2, 2025. The contract value is $320,000.00 (principal), 7 annual payments of $55,122.10 (total $385,854.70).

How much is the Cadence Equipment Finance Dba Cadence Bank contract with City of Bay St. Louis worth?

The Cadence Equipment Finance Dba Cadence Bank contract with City of Bay St. Louis is valued at $320,000.00 (principal), 7 annual payments of $55,122.10 (total $385,854.70), covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_council_meeting_agenda_december_2025.pdf (Agenda), dated December 2, 2025 from City of Bay St. Louis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cadence Equipment Finance Dba Cadence Bank hold?

Cadence Equipment Finance Dba Cadence Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Cadence Equipment Finance Dba Cadence Bank's profile

What is City of Bay St. Louis currently buying?

Explore City of Bay St. Louis's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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