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EQUIPMENTDISCUSSSED

Village of Kaleva Council Meeting Minutes March 2026

Kaleva Reviews AIS Equipment Backhoe Lease Proposal

$139,202Kaleva villageAIS EQUIPMENTMarch 23, 2026

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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

Description

The Village of Kaleva council reviewed information on a proposed John Deere tractor/backhoe acquisition from AIS Equipment for $139,202 under a five-year lease-to-own arrangement at 5.75% interest. The package would include a five-year warranty, but no purchase action was taken at this meeting.

Contract Details

Contract Amount

$139,202

Vendor

AIS EQUIPMENT

Agency

Kaleva village, MI

Contract Type

EQUIPMENT

Document Date

March 23, 2026

Contract Term

5-year lease to own at 5.75% interest with 5-year warranty

Renewal Info

Five-year lease-to-own proposal including a five-year warranty; renewal or replacement terms beyond this period were not discussed.

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