Chaska Plans Fitness Equipment Lease With Municipal Asset

Chaska proposed a $441,971.33 tax-exempt lease-purchase agreement with Municipal Asset Management, Inc. The financing would acquire new cardiovascular fitness equipment for the Community Center over 60 monthly payments ending in November 2031.

Document date · August 17, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$441,971.33

Contract type

EQUIPMENT

Contract term

60 monthly payments beginning December 1, 2026 and ending November 1, 2031

Renewal date

2031-11-01

Renewal

Lease-purchase agreement; title is scheduled to pass to the City at the end of the lease term if all obligations are satisfied. The agreement includes a non-appropriation provision and does not provide a conventional renewal option.

Document type

AgendaPacket

Source document

Chaska City Council Agenda Packet 2026-08-17

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the equipment contract by Chaska Police Department?

Municipal Asset Management Inc was awarded this equipment contract by Chaska Police Department, as recorded on August 17, 2026. The contract value is $441,971.33.

How much is the Municipal Asset Management Inc contract with Chaska Police Department worth?

The Municipal Asset Management Inc contract with Chaska Police Department is valued at $441,971.33, covering equipment work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Chaska City Council Agenda Packet 2026-08-17 (AgendaPacket), dated August 17, 2026 from Chaska Police Department. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Municipal Asset Management Inc hold?

Municipal Asset Management Inc 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 Municipal Asset Management Inc's profile

What is Chaska Police Department currently buying?

Explore Chaska Police Department's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Chaska Police Department's profile