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City Enters Lease Agreement with Tax Exempt Leasing Corp

City of Somersworth
Document date
Jul 14, 2025
Term
5 years

The 30-second brief

What it covers

The City Manager is authorized to enter into a lease/purchase agreement with Tax Exempt Leasing Corp. to finance city vehicles and equipment, utilizing the lease terms recommended by the Finance Committee. The lease term is for 5 years.

Who holds it

Tax Exempt Leasing holds this lease/purchase agreement contract with City of Somersworth. Its other public contracts on record include work for City of Rutland and City of Britton.

What happens next

Term as filed: 5 years.

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Contract details

Contract type
Lease/Purchase Agreement
Document date
July 14, 2025
Term
5 years
Vendor
Tax Exempt Leasing
Agency
City of Somersworth
Source document
city-of-somersworth-city-council-agenda-wwtp-public-works-police-fleet-july-14-2025_bdf.pdf (Agenda)

Tax Exempt Leasing's other public contracts

City of Rutland, VermontRutland Approves Police Vehicle Lease With Tax Exempt Leasing · Apr 20, 2026City of Britton, South DakotaAnnual Wheel Loader Lease Payment Approved · Apr 13, 2026$66.2KTown of Northwood, New HampshireTax Exempt Leasing Payment Approved by Board · Feb 24, 2026$43.1KTown of Northwood, New HampshireTown Approves Ambulance Lease Payment to Tax Exempt Leasing · Jan 27, 2026$36.5KWestfield Fire District 1, VermontFire Truck Lease Financing Approved with Tax Exempt Leasing · Jan 13, 2026$1.1MAll Tax Exempt Leasing contractsVendor profile

More City of Somersworth contracts

Stepping Stones Masonry of Barrington NhFurber Chapel Wall Contract Recommended to Stepping Stones · Sep 21, 2026GMIGMI Continues Somersworth Street Paving Project · Sep 21, 2026UndisclosedHorsley Witten GroupSomersworth Approves Horsley Witten Review Services Contract · Sep 21, 2026UndisclosedNELCNELC Seasonal Cemetery Mowing Expected To End · Sep 21, 2026UndisclosedSRPCSRPC Continuing Cemetery Map Update Work · Sep 21, 2026UndisclosedAll City of Somersworth activityAgency profile

Questions about this contract

Who was awarded the lease/purchase agreement contract by City of Somersworth?

Tax Exempt Leasing was awarded this lease/purchase agreement contract by City of Somersworth, as recorded on July 14, 2025.

What type of contract is this?

This is a Lease/Purchase Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-somersworth-city-council-agenda-wwtp-public-works-police-fleet-july-14-2025_bdf.pdf (Agenda), dated July 14, 2025 from City of Somersworth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tax Exempt Leasing hold?

Tax Exempt Leasing may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Somersworth currently buying?

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

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