FINANCIAL_SERVICESAPPROVED

City of Millville Awards Financial Services Contract to Us Bancorp Government Leasing & Finance Inc (December 2025)

The Board approved a five-year lease financing agreement with U.S. Bancorp Government Leasing and Finance, Inc. for $245,794.18 at 4.416% interest, with annual payments of $49,158.84, to fund the Chromebook and equipment purchase. This arrangement spreads the technology costs over multiple years.

Status
APPROVED
Document date
December 15, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Us Bancorp Government Leasing & Finance Inc
Agency
City of Millville · MN

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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
$245,794.18 over 5 years (payments of $49,158.84 per year at 4.416% interest)
Contract type
FINANCIAL_SERVICES
Contract term
5 years
Renewal
Lease term is five years with fixed payments; no renewal or extension terms are described in the agenda.
Document type
Agenda
Source document
millville_board_of_education_agenda_december_2025.pdf

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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 Millville?

Us Bancorp Government Leasing & Finance Inc was awarded this financial services contract by City of Millville, as recorded on December 15, 2025. The contract value is $245,794.18 over 5 years (payments of $49,158.84 per year at 4.416% interest).

How much is the Us Bancorp Government Leasing & Finance Inc contract with City of Millville worth?

The Us Bancorp Government Leasing & Finance Inc contract with City of Millville is valued at $245,794.18 over 5 years (payments of $49,158.84 per year at 4.416% interest), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in millville_board_of_education_agenda_december_2025.pdf (Agenda), dated December 15, 2025 from City of Millville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Us Bancorp Government Leasing & Finance Inc hold?

Us Bancorp Government Leasing & Finance Inc 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 Us Bancorp Government Leasing & Finance Inc's profile

What is City of Millville currently buying?

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

View City of Millville's profile

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