City of Titusville Council Meeting Agenda April 2026
Titusville Secures Lease Financing for Vacuum Truck
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Description
Titusville intends to enter into a 5‑year equipment lease with Leasing 2, Inc. to finance a new stormwater vacuum truck, at annual payments of $122,512.39. The Mayor is authorized to execute the lease and related repurchase agreement.
Contract Details
Contract Amount
$122,512.39 annually
Vendor
LEASING 2 INC
Agency
City of Titusville, FL
Contract Type
FINANCIAL_SERVICES
Document Date
April 26, 2026
Contract Term
5-year lease agreement
Renewal Info
Lease runs for 5 years; any renewal or buyout options are governed by the lease and would require future approval.
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