Fire Engine Lease Financing Recommended for Banc of America
City of Huber HeightsCity · Huber Heights, OH- Disclosed value
- $156,045.89 annually; total financing of $2,406,728.04; aggregate principal not to exceed $1,650,000
- From agendapacket
- Document date
- Oct 28, 2026
- Renews
- Free account
The 30-second brief
Huber Heights city staff recommended Banc of America Public Capital Corp for a 15-year lease-purchase financing of two fire engines. The financing carries a proposed 5.17% interest rate, annual payments of $156,045.89, and total financing of $2,406,728.04.
Banc of America Public Capital Corp holds this financial services contract with City of Huber Heights. Its other public contracts on record include work for Wicomico County Public Schools and Dublin Unified.
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Contract details
- Contract type
- Financial Services
- Amount
- $156,045.89 annually; total financing of $2,406,728.04; aggregate principal not to exceed $1,650,000
- Document date
- October 28, 2026
- Term
- 15-year master equipment lease-purchase agreement; first annual payment December 1, 2027; final annual payment December 1, 2041
- Renews
- On record
- Agency
- City of Huber Heights
- Source document
- Huber Heights AgendaPacket Special Session 2026-10-28 (AgendaPacket)
Banc of America Public Capital Corp's other public contracts
More City of Huber Heights contracts
Questions about this contract
Who was awarded the financial services contract by City of Huber Heights?
Banc of America Public Capital Corp was awarded this financial services contract by City of Huber Heights, as recorded on October 28, 2026. The contract value is $156,045.89 annually; total financing of $2,406,728.04; aggregate principal not to exceed $1,650,000.
How much is the Banc of America Public Capital Corp contract with City of Huber Heights worth?
The Banc of America Public Capital Corp contract with City of Huber Heights is valued at $156,045.89 annually; total financing of $2,406,728.04; aggregate principal not to exceed $1,650,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Huber Heights AgendaPacket Special Session 2026-10-28 (AgendaPacket), dated October 28, 2026 from City of Huber Heights. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Banc of America Public Capital Corp hold?
Banc of America Public Capital Corp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Huber Heights currently buying?
Explore City of Huber Heights's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
