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Lease Purchasepending

city-of-the-colony-city-council-agenda-september-16-2025_6a9.pdf

New armored vehicle coming for The Colony

$421,234.45City of The ColonyMUNICIPAL ASSET MANAGEMENTSeptember 16, 2025

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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

Description

Consider approving a resolution authorizing the City Manager to execute a lease purchase agreement with Municipal Asset Management Inc. to purchase a Lenco armored security vehicle in an amount not to exceed $421,234.45.

Contract Details

Contract Amount

$421,234.45

Vendor

MUNICIPAL ASSET MANAGEMENT

Agency

City of The Colony, TX

Contract Type

Lease Purchase

Document Date

September 16, 2025

Contract Term

NA

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