Town of Lynnville Resolution 2026-1 SCBA and Equipment Lease-Purchase
Lynnville OKs Lease-Purchase with U.S. Bancorp
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Description
The Town of Lynnville approved a seven-year lease-purchase financing arrangement with U.S. Bancorp Government Leasing and Finance, Inc. at 4.31% interest for SCBA and related fire equipment. Officials are authorized to execute the Master Lease-Purchase Agreement and associated documents.
Contract Details
Vendor
U.S. BANCORP GOVERNMENT LEASING & FINANCE INC
Agency
Town of Lynnville, TN
Contract Type
FINANCIAL_SERVICES
Document Date
April 7, 2026
Contract Term
Seven-year lease-purchase at 4.31% annual interest
Renewal Info
Seven-year fixed-term lease-purchase; no renewal terms specified in the resolution.
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