FINANCIAL_SERVICESRECOMMENDED

City plans lease-purchase financing for four Rogues

The City of Emporia proposes an equipment lease purchase agreement with Community National Bank & Trust to finance four 2026 Nissan Rogues at a capital cost of $126,724, with total payments of $143,076.90 through 2032 at 4.54% interest. Semiannual payments of $14,307.69 will be made from the General Fund, and the vehicles will transfer to City ownership at term end.

Status
RECOMMENDED
Document date
June 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Community National Bank & Trust
Agency
City of Emporia · KS

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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
$143,076.90 total payments over term (capital cost $126,724; interest $16,352.90)
Contract type
FINANCIAL_SERVICES
Contract term
Lease term runs through 2032 with 10 semiannual payments of $14,307.69 beginning 02/01/2027; interest rate 4.54%
Renewal date
2032-12-31
Renewal
Lease-purchase runs through 2032 with ten semiannual payments and includes options at lease expiration to purchase the vehicles at fair market value, renew the lease, or surrender the vehicles; no automatic renewal beyond term.
Document type
AgendaPacket
Source document
City of Emporia City Commission Agenda Packet 2026-06-17

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Emporia?

Community National Bank & Trust was awarded this financial services contract by City of Emporia, as recorded on June 17, 2026. The contract value is $143,076.90 total payments over term (capital cost $126,724; interest $16,352.90).

How much is the Community National Bank & Trust contract with City of Emporia worth?

The Community National Bank & Trust contract with City of Emporia is valued at $143,076.90 total payments over term (capital cost $126,724; interest $16,352.90), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Emporia City Commission Agenda Packet 2026-06-17 (AgendaPacket), dated June 17, 2026 from City of Emporia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community National Bank & Trust hold?

Community National Bank & Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Emporia currently buying?

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

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