FINANCIAL_SERVICESRECOMMENDED

Lease purchase financing for four Nissan Rogues

The City of Emporia is recommended to approve an Equipment Lease Purchase Agreement with Community National Bank & Trust to finance four 2026 Nissan Rogues at a capital cost of $126,724, with semiannual payments through 2032 totaling $143,076.90. The vehicles will be used for city operations and funded from the General Fund.

Status
RECOMMENDED
Document date
June 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Community National Bank & Trust
Agency
Town of Emporia · KS

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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
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
$126,724 capital cost; total payments $143,076.90 at 4.54% interest
Contract type
FINANCIAL_SERVICES
Contract term
Lease term runs through 2032 with semiannual payments of $14,307.69 beginning 02/01/2027
Renewal date
2032-02-01
Renewal
Lease purchase runs through 2032 with 10 total semiannual payments of $14,307.69; vehicles become City property upon completion of payments. Renewal or end-of-term options would follow the lease terms with the bank.
Document type
Agenda
Source document
City of Emporia City Commission Agenda 2026-06-17

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Emporia?

Community National Bank & Trust was awarded this financial services contract by Town of Emporia, as recorded on June 17, 2026. The contract value is $126,724 capital cost; total payments $143,076.90 at 4.54% interest.

How much is the Community National Bank & Trust contract with Town of Emporia worth?

The Community National Bank & Trust contract with Town of Emporia is valued at $126,724 capital cost; total payments $143,076.90 at 4.54% interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Emporia City Commission Agenda 2026-06-17 (Agenda), dated June 17, 2026 from Town of Emporia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community National Bank & Trust hold?

Community National Bank & Trust 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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What is Town of Emporia currently buying?

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

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