EQUIPMENTONGOING

EMS4 equipment lease financed by Community First National Bank

Cass County Emergency Services District 4 is leasing equipment from Community First National Bank under a Master Equipment Lease Purchase Agreement dated July 1, 2025. The district is financing $265,923.00 with 15 annual payments totaling $403,821.15, with interest rate adjustments possible after year seven based on the SOFR swap index. The lease covers equipment for EMS operations and runs through July 1, 2040.

Status
ONGOING
Document date
July 22, 2026
Contract type
EQUIPMENT
Vendor
Community First National Bank
Agency
Cass County · TX

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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
$265,923.00 (Amount Financed); total payments $403,821.15
Contract type
EQUIPMENT
Contract term
Schedule of Equipment No. 01 dated 7/1/2025 under Master Equipment Lease Purchase Agreement dated 7/1/2025; 15 annual payments from 7/1/2026 through 7/1/2040; 7-year fixed rate with possible adjustment for payments 8–15
Renewal date
2040-07-01
Renewal
Master Equipment Lease Purchase Agreement includes an amortization schedule with fixed annual payments for 15 years; payments 8–15 may be adjusted every seven years using the 7-year SOFR swap rate plus 300 basis points. No automatic renewal beyond the scheduled final payment on 7/1/2040; purchase option price declines to $0.00 at the end of term.
Document type
Report
Source document
Cass County Appraisal District 2026 Certified Totals Report 2026-07-22

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the equipment contract by Cass County?

Community First National Bank was awarded this equipment contract by Cass County, as recorded on July 22, 2026. The contract value is $265,923.00 (Amount Financed); total payments $403,821.15.

How much is the Community First National Bank contract with Cass County worth?

The Community First National Bank contract with Cass County is valued at $265,923.00 (Amount Financed); total payments $403,821.15, covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a report record.

Where was this contract approved?

This contract appears in Cass County Appraisal District 2026 Certified Totals Report 2026-07-22 (Report), dated July 22, 2026 from Cass County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community First National Bank hold?

Community First National Bank 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 Community First National Bank's profile

What is Cass County currently buying?

Explore Cass County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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