City of Nanticoke Work Session/City Council Meeting Agenda April 2026
City approves lease-purchase of Ford Interceptor SUV
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Description
City of Nanticoke will acquire a 2026 Ford Interceptor SUV and related equipment from Miracle Ford under a 5-year lease-purchase arrangement. The vehicle purchase is bundled into a $70,568.61 financing package plus a $350 documentation fee, with a $1 buyout at the end of the term.
Contract Details
Contract Amount
Included in total lease-purchase amount of $70,568.61 plus $350 documentation fee
Vendor
MIRACLE FORD
Agency
City of Nanticoke, PA
Contract Type
EQUIPMENT
Document Date
April 15, 2026
Contract Term
5-year lease-purchase, $1 buyout at lease end
Renewal Info
5-year lease-purchase agreement with $1 buyout at end of term; no renewal terms mentioned.
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