Finance Agreement Approved with Cadence Equipment Finance for Dump Trucks
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Description
The Coffee County Commission approved a finance agreement with Cadence Equipment Finance for the purchase of six new Kenworth T880 dump trucks, totaling $1,349,310 at a 4.47% interest rate. The agreement calls for annual payments in arrears. The measure passed unanimously.
Contract Details
Contract Amount
$1,349,310 at a rate of 4.47% with the annual payment in arrears
Vendor
CADENCE EQUIPMENT FINANCE
Agency
Coffee County, AL
Contract Type
FINANCIAL_SERVICES
Document Date
March 9, 2026
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