city_of_montebello_city_council_regular_meeting_ag.pdf
NCL Government Capital to Finance Fire Vehicles Lease-to-Own
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Description
Montebello intends to execute Agreement No. 4365 with Lease Servicing Center, Inc. dba NCL Government Capital to finance three Fire Department vehicles for $160,801 plus interest and a $500 documentation fee under a lease-to-own structure. A Lessee Resolution will formalize authorization for the City Manager to complete the financing.
Contract Details
Contract Amount
$160,801 plus accrued interest, plus $500 documentation fee
Vendor
LEASE SERVICING CENTER INC DBA NCL GOVERNMENT CAPITAL
Agency
City of Montebello, CA
Contract Type
FINANCIAL_SERVICES
Document Date
October 8, 2025
Renewal Info
Lease-to-own financing; term length and renewal options are not detailed in the agenda.
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