FINANCIAL_SERVICESRECOMMENDED

Newark Recommends Bank Lease for Five Police Cruisers

The Service Committee recommended sending Resolution No. 26-62 to full Council, authorizing the City of Newark to enter a lease-purchase agreement with Park National Bank for five police cruisers. The cruisers are expected to enter service in 2027, with the first lease payment due in 2028.

Document date · October 5, 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

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Lease-purchase agreement; cruisers expected to enter service in 2027, with first lease payment due in 2028
Document type
Minutes
Source document
City of Newark Minutes Service Committee 2026-10-05

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Newark?

Park National Bank was awarded this financial services contract by City of Newark, as recorded on October 5, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Newark Minutes Service Committee 2026-10-05 (Minutes), dated October 5, 2026 from City of Newark. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Park National Bank hold?

Park 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.

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