City of Newnan Agenda 2026-05-26
City Plans 60-Month Copier Lease with LEAF
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Description
The City of Newnan plans to enter into a 60‑month fair market value lease with LEAF Capital Funding, LLC for Konica Minolta copier equipment at $830.64 per month. The lease will finance the new copier fleet used under the city’s managed print services program.
Contract Details
Contract Amount
$830.64/month for 60 months plus $95 documentation fee
Vendor
LEAF CAPITAL FUNDING LLC
Agency
City of Newnan, GA
Contract Type
EQUIPMENT
Document Date
May 26, 2026
Contract Term
60 months
Renewal Date
2031-05-14
Renewal Info
Lease commences upon equipment delivery and runs for 60 months with month‑to‑month renewal if not terminated or buyout exercised; specific renewal terms beyond standard FMV options are per LEAF lease language.
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