Wiscasset Select Board Agenda February 17 2026
Wiscasset Approves Lease for New Police Cruiser
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Description
The Wiscasset Select Board awarded a 3-year municipal lease-purchase agreement to Androscoggin Savings Bank for a 2026 Chevrolet Tahoe police cruiser with total equipment cost of $55,029. The lease includes annual payments of $19,296.25 with a $1.00 buyout at term end.
Contract Details
Contract Amount
$55,029.00 (equipment cost), $19,296.25/year for 3 years (total $57,888.75)
Vendor
ANDROSCOGGIN SAVINGS BANK
Agency
Town of Wiscasset, ME
Contract Type
EQUIPMENT
Document Date
February 17, 2026
Contract Term
3 years, February 18, 2026 to February 18, 2028
Renewal Date
2028-02-18
Renewal Info
No auto-renewal. Purchase option of $1.00 at lease end. No prepayment penalties. Subject to board approval and financial verification.
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APPROVEDWiscasset Select Board Agenda February 17 2026
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