FINANCIAL_SERVICESRECOMMENDED

Sebastopol Recommends Ascentium Vactor Truck Financing

Sebastopol staff recommends authorizing financing with Ascentium Capital for a replacement Vactor truck. The proposed five-year financing covers $421,786.53 after a $100,000 down payment, with total City payments estimated at $592,921 and an interest rate not exceeding 6.13%.

Document date · October 5, 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; $592,921 total paid by City, including approximately $71,134 in interest and financing costs
Contract type
FINANCIAL_SERVICES
Contract term
5 years; quarterly payments; interest rate not to exceed 6.13%
Renewal
Financing term is limited to five years, with no renewal or extension option stated. Updated financing terms must be obtained before execution, and only terms within the approved parameters may be accepted.
Document type
StaffReport
Source document
City of Sebastopol StaffReport Approval of Financing for Replacement Vactor Truck 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 Sebastopol?

Ascentium Capital was awarded this financial services contract by City of Sebastopol, as recorded on October 5, 2026. The contract value is $421,786.53 financed; $592,921 total paid by City, including approximately $71,134 in interest and financing costs.

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; $592,921 total paid by City, including approximately $71,134 in interest and financing costs, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Sebastopol StaffReport Approval of Financing for Replacement Vactor Truck 2026-10-05 (StaffReport), dated October 5, 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.

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