New Boston City Council Meeting Agenda March 2026
City Plans Refinancing for Freightliner Dump Truck
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Description
The City of New Boston will consider refinancing a 2023 Freightliner M2 106 dump truck for approximately $126,781.56 through Government Capital Finance over 28 quarterly payments. The action would authorize the City Administrator to execute the refinancing loan documents.
Contract Details
Contract Amount
approximately $126,781.56
Vendor
GOVERNMENT CAPITAL FINANCE
Agency
City of New Boston, TX
Contract Type
FINANCIAL_SERVICES
Document Date
March 17, 2026
Contract Term
28 quarterly payments
Renewal Info
Refinancing of existing vehicle debt into a new financing arrangement with a 28-quarter payment schedule; no renewal options noted.
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