FINANCIAL_SERVICESAPPROVED

City of Sebastopol Awards Financial Services Contract to Ascentium Capital (September 2026)

Sebastopol City Council authorized the City Manager to execute financing documents with Ascentium Capital for a replacement Vactor truck. The acquisition will cost up to $521,786.53, including a $100,000 down payment, with the remaining balance financed for no more than five years at an interest rate capped at 6.13%.

Document date · September 29, 2026

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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 amount
$421,786.53 financed; $521,786.53 total acquisition cost; $100,000 down payment; approximately $592,921 total paid under recommended terms
Contract type
FINANCIAL_SERVICES
Contract term
Not to exceed five years, with quarterly payments
Renewal date
2031-10-20
Renewal
Financing term is limited to five years; no renewal option or automatic renewal clause is stated. Updated financing terms must be obtained and confirmed before execution.
Document type
StaffReport
Source document
City of Sebastopol StaffReport Approval of Financing for Replacement Vactor Truck 2026-10-20

Frequently asked questions

Common questions about this contract, answered from the record.

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

Ascentium Capital was awarded this financial services contract by City of Sebastopol, as recorded on September 29, 2026. The contract value is $421,786.53 financed; $521,786.53 total acquisition cost; $100,000 down payment; approximately $592,921 total paid under recommended terms.

How much is the Ascentium Capital contract with City of Sebastopol worth?

The Ascentium Capital contract with City of Sebastopol is valued at $421,786.53 financed; $521,786.53 total acquisition cost; $100,000 down payment; approximately $592,921 total paid under recommended terms, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Sebastopol StaffReport Approval of Financing for Replacement Vactor Truck 2026-10-20 (StaffReport), dated September 29, 2026 from City of Sebastopol. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ascentium Capital hold?

Ascentium Capital 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 Ascentium Capital's profile

What is City of Sebastopol currently buying?

Explore City of Sebastopol's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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