Peru Makes Ongoing Lease Payments to Deere Credit
City of Peru cityCity · Peru, IL- Disclosed value
- Interest: $69.70, $21.45, $53.76; Principal/equipment: $1,481.33, $518.02, $1,019.43; plus two utility lease payments $1,455.48 and $1,019.43
- From agendapacket
- Document date
- May 4, 2026
The 30-second brief
The City of Peru continues to make scheduled principal and interest payments to Deere Credit Inc on several John Deere equipment leases, including street and utility machinery.
Deere Credit Inc holds this equipment contract with City of Peru city. Its other public contracts on record include work for City of Dodgeville and City of Storm Lake.
Term as filed: Installment payments (e.g., Pay 44, Pay 46, Pay 42).
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Contract details
- Contract type
- Equipment
- Amount
- Interest: $69.70, $21.45, $53.76; Principal/equipment: $1,481.33, $518.02, $1,019.43; plus two utility lease payments $1,455.48 and $1,019.43
- Document date
- May 4, 2026
- Term
- Installment payments (e.g., Pay 44, Pay 46, Pay 42)
- Vendor
- Deere Credit Inc
- Agency
- City of Peru city
- Source document
- City of Peru AgendaPacket Regular City Council Meeting 2026-05-04 (AgendaPacket)
Deere Credit Inc's other public contracts
More City of Peru city contracts
Questions about this contract
Who was awarded the equipment contract by City of Peru city?
Deere Credit Inc was awarded this equipment contract by City of Peru city, as recorded on May 4, 2026. The contract value is Interest: $69.70, $21.45, $53.76; Principal/equipment: $1,481.33, $518.02, $1,019.43; plus two utility lease payments $1,455.48 and $1,019.43.
How much is the Deere Credit Inc contract with City of Peru city worth?
The Deere Credit Inc contract with City of Peru city is valued at Interest: $69.70, $21.45, $53.76; Principal/equipment: $1,481.33, $518.02, $1,019.43; plus two utility lease payments $1,455.48 and $1,019.43, covering equipment work.
What type of contract is this?
This is a Equipment contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Peru AgendaPacket Regular City Council Meeting 2026-05-04 (AgendaPacket), dated May 4, 2026 from City of Peru city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Deere Credit Inc hold?
Deere Credit 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.
What is City of Peru city currently buying?
Explore City of Peru city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.