ottawa-county-board-of-county-commissioner-s-minutes-october-20-2025_147.pdf
County approves dump truck financing with Bennington State Bank
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Description
Ottawa County commissioners approved a four-year lease-purchase financing agreement with Bennington State Bank for $1,118,913.00 at 4.779% interest to fund three MasterTech snow and ice dump trucks, with annual payments of $313,928.00. The decision followed a competitive bid between Bennington State Bank and Citizens State Bank.
Contract Details
Contract Amount
$1,118,913.00
Vendor
BENNINGTON STATE BANK
Agency
Ottawa County, KS
Contract Type
FINANCIAL_SERVICES
Document Date
October 20, 2025
Contract Term
4-year lease-purchase at 4.779% interest; annual payments of $313,928.00
Renewal Info
Fixed four-year lease-purchase term; no renewal terms noted.
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