CONTRACTAPPROVED

City of Fenton Awards $574,090 Financing Contract to Choice One Bank (July 2025)

City of Fenton logoCity of Fenton
Disclosed value
$574,090
From agenda
Approved
Jul 14, 2025
Term
7 years

The 30-second brief

What it covers

City to enter into Installment Purchase Agreement for $574,090 with Choice One Bank to finance Ladder Truck at 4.35% interest for seven years.

Who holds it

Choice One Bank holds this financing contract with City of Fenton. Its other public contracts on record include work for Town of Grand Blanc charter and Town of Egelston.

What happens next

Term as filed: 7 years.

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Contract details

Contract type
Financing
Amount
$574,090
Document date
July 14, 2025
Term
7 years
Source document
city-of-fenton-council-agenda-geotechnical-services-ladder-truck-ipa-jul-14-2025_0a8.pdf (Agenda)

Choice One Bank's other public contracts

More City of Fenton contracts

Questions about this contract

Who was awarded the financing contract by City of Fenton?

Choice One Bank was awarded this financing contract by City of Fenton, as recorded on July 14, 2025. The contract value is $574,090.

How much is the Choice One Bank contract with City of Fenton worth?

The Choice One Bank contract with City of Fenton is valued at $574,090, covering financing work.

What type of contract is this?

This is a Financing contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-fenton-council-agenda-geotechnical-services-ladder-truck-ipa-jul-14-2025_0a8.pdf (Agenda), dated July 14, 2025 from City of Fenton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Choice One Bank hold?

Choice One 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.

What is City of Fenton currently buying?

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

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