Street Sweeper Lease-Purchase Continues to 2028
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Description
Maupin’s FY 2026-2027 budget continues funding a five-year street sweeper lease-purchase agreement financed via Government Capital and payable to KS StateBank, with annual payments of $37,583.71. The agreement is scheduled for payoff in 2028 but includes an early payoff option.
Contract Details
Contract Amount
Yearly payments of $37,583.71
Vendor
KS STATEBANK
Agency
City of Maupin, OR
Contract Type
EQUIPMENT
Document Date
June 2, 2026
Contract Term
Five-year lease-purchase with payoff in 2028 and ability to pay off early
Renewal Date
2028-12-31
Renewal Info
Lease-purchase scheduled to conclude in 2028; no renewal terms stated, only ability to pay off early.
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