FINANCIAL_SERVICESPENDING

Financing Proposal Issued For New HME Pumper

Republic First National Corporation has provided a financing proposal to the City of Torrington to fund a 2025 HME 22 Premier Pumper costing $776,042, offering 5-, 7-, and 10-year annual payment options at approximately 4.9% APR. The proposal is contingent on credit approval and tax-exempt designation and aligns with the city’s plan for a 7-year lease.

Status
PENDING
Document date
August 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Republic First National Corporation
Agency
Torrington Housing Authority · CT

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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
$776,042.00 financed; example payments: $178,896.53 (5 yrs), $133,850.91 (7 yrs), $100,371.55 (10 yrs) at ~4.9% APR
Contract type
FINANCIAL_SERVICES
Contract term
Proposal options for 5, 7, or 10 years; Board agenda references intent for 7 year lease
Renewal
Proposal only; no executed lease or renewal terms stated. Future refinancing or renewal options are not specified.
Document type
Agenda
Source document
City of Torrington Board of Finance Special Meeting Agenda 2026-08-03

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Torrington Housing Authority?

Republic First National Corporation was awarded this financial services contract by Torrington Housing Authority, as recorded on August 3, 2026. The contract value is $776,042.00 financed; example payments: $178,896.53 (5 yrs), $133,850.91 (7 yrs), $100,371.55 (10 yrs) at ~4.9% APR.

How much is the Republic First National Corporation contract with Torrington Housing Authority worth?

The Republic First National Corporation contract with Torrington Housing Authority is valued at $776,042.00 financed; example payments: $178,896.53 (5 yrs), $133,850.91 (7 yrs), $100,371.55 (10 yrs) at ~4.9% APR, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Torrington Board of Finance Special Meeting Agenda 2026-08-03 (Agenda), dated August 3, 2026 from Torrington Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Republic First National Corporation hold?

Republic First National Corporation 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 Republic First National Corporation's profile

What is Torrington Housing Authority currently buying?

Explore Torrington Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Torrington Housing Authority's profile

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