City of Warrensburg Council Agenda January 2026
First State Community Bank Not Selected for Fire Lease Finance
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Description
First State Community Bank was not selected to finance the City’s fire engine lease purchase despite submitting a competitive bid; contract awarded to Clayton Holdings, LLC.
Contract Details
Contract Amount
$1,928,000 (proposed for equipment lease; 4.69% fixed interest, no fees, no prepayment penalty after 5 years)
Vendor
FIRST STATE COMMUNITY BANK
Agency
City of Warrensburg, MO
Contract Type
FINANCIAL_SERVICES
Document Date
January 26, 2026
Contract Term
Proposed 10-year lease-purchase; actual agreement placed with Clayton Holdings, LLC
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