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Lease Purchase Agreementapproved

city-of-ephesus-meeting-minutes-2025-04-28_3b5.pdf

Eastman City Approves $455K Firetruck Lease Agreement

$455,491City of EphesusLEASING 2April 28, 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

Eastman City Council approves 10-year Lease Purchase Agreement with Leasing 2 Inc. to finance a new firetruck for $455,491 purchased from FireLine, Inc./E-ONE. The interest rate is 5.70% and the city can pay it off early if able.

Contract Details

Contract Amount

$455,491

Vendor

LEASING 2

Agency

City of Ephesus, GA

Contract Type

Lease Purchase Agreement

Document Date

April 28, 2025

Contract Term

10 years

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