Town of Bridgton Select Board Meeting Agenda Packet 2026-05-12
Town Considers Tax-Exempt Copier Lease Financing
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Description
The Select Board is asked to approve a tax‑exempt lease with M.S.T. Government Leasing, LLC to finance new photocopy equipment, with financing not to exceed $19,631.01 at 5.09% interest through August 1, 2030. The agreement provides for one loan disbursement in July 2026 and five annual payments of $4,344.09.
Contract Details
Contract Amount
Not to exceed $19,631.01 at 5.09% interest through August 1, 2030
Vendor
M.S.T. GOVERNMENT LEASING LLC
Agency
Town of Bridgton, ME
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
July 1, 2026 – August 1, 2030
Renewal Date
2030-08-01
Renewal Info
Single fixed-term tax-exempt lease running through August 1, 2030; no renewals indicated.
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