EQUIPMENTAPPROVED

City of Palmetto Awards Equipment Contract to U.s. Bancorp Government Leasing and Finance Inc (April 2026)

The City of Palmetto is set to approve a four‑year, $577,000 capital lease with U.S. Bancorp Government Leasing and Finance, Inc. to finance police SUVs, pickup trucks, a graphic plotter, a Ventrac tractor, and a CRA SUV at 3.6945% interest. Quarterly payments of $38,839.89 will fund the fleet and equipment across the General Fund, Road and Bridge, and CRA budgets.

Document date · April 20, 2026

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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
Not to exceed $577,000
Contract type
EQUIPMENT
Contract term
4 years, quarterly payments of $38,839.89; closing no later than April 22, 2026
Renewal date
2030-03-17
Renewal
Master lease/purchase structure allows future schedules; obligations under this schedule are subject to annual appropriation and may be prepaid after 13 months at 103% of remaining principal.
Document type
Agenda
Source document
City of Palmetto Commission Meeting Agenda April 20 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the equipment contract by City of Palmetto?

U.s. Bancorp Government Leasing and Finance Inc was awarded this equipment contract by City of Palmetto, as recorded on April 20, 2026. The contract value is Not to exceed $577,000.

How much is the U.s. Bancorp Government Leasing and Finance Inc contract with City of Palmetto worth?

The U.s. Bancorp Government Leasing and Finance Inc contract with City of Palmetto is valued at Not to exceed $577,000, covering equipment work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Palmetto Commission Meeting Agenda April 20 2026 (Agenda), dated April 20, 2026 from City of Palmetto. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does U.s. Bancorp Government Leasing and Finance Inc hold?

U.s. Bancorp Government Leasing and 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 U.s. Bancorp Government Leasing and Finance Inc's profile

What is City of Palmetto currently buying?

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

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