FINANCIAL_SERVICESAPPROVED

City of Rock Falls Awards Financial Services Contract to Tax Exempt Leasing Corp (July 2026)

The City of Rock Falls approved a three-year lease purchase agreement with Tax Exempt Leasing Corp of Thompson's Station, Tennessee to finance two 2026 Chevy Tahoe PPV AWD patrol vehicles, with the first payment of $56,313.40 due in FY 2028. Payments will be made in arrears over the term.

Status
APPROVED
Document date
July 21, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Tax Exempt Leasing Corp
Agency
City of Rock Falls · IL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
three-year lease purchase; first payment $56,313.40 in FY 2028
Contract type
FINANCIAL_SERVICES
Contract term
3-year lease purchase; payments due in arrears starting FY 2028
Renewal
Three-year lease purchase structure; renewal or buyout provisions are not detailed in the agenda text.
Document type
Agenda
Source document
City of Rock Falls Agenda 2026-07-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Rock Falls?

Tax Exempt Leasing Corp was awarded this financial services contract by City of Rock Falls, as recorded on July 21, 2026. The contract value is three-year lease purchase; first payment $56,313.40 in FY 2028.

How much is the Tax Exempt Leasing Corp contract with City of Rock Falls worth?

The Tax Exempt Leasing Corp contract with City of Rock Falls is valued at three-year lease purchase; first payment $56,313.40 in FY 2028, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Rock Falls Agenda 2026-07-21 (Agenda), dated July 21, 2026 from City of Rock Falls. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tax Exempt Leasing Corp hold?

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

View Tax Exempt Leasing Corp's profile

What is City of Rock Falls currently buying?

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

View City of Rock Falls's profile

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