Halstead City Council Meeting Minutes November 2025
Council Approves MasterTech Dump Truck Lease Purchase
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Description
The Halstead City Council approved staff to proceed with the lease-purchase acquisition of a new dump truck from MasterTech through Sourcewell cooperative pricing. The term will be five or six years with down payment and payment options considered. This equipment will support Public Works operations and replaces an inoperative 2005 truck.
Contract Details
Vendor
MASTERTECH
Agency
City of Halstead, KS
Contract Type
EQUIPMENT
Document Date
November 24, 2025
Contract Term
Five- or six-year lease purchase contemplated; annual payments approx. $50,000 with down payment, $73,000/year (five-year term) or $62,000/year (six-year term) without down payment
Renewal Info
Term and payment structure to be finalized by staff upon proceeding; both five- and six-year options considered with possible down payment.
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