American Fork City Council Meeting Agenda January 13 2026
Lease/Purchase of Fire Engine #52 with Zions Bancorporation Approved
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Description
American Fork City Council approved a 7-year, $1,137,152 lease/purchase agreement with Zions Bancorporation N.A. to acquire Fire Engine #52 and related equipment. Payments begin in 2027; funding via impact fees.
Contract Details
Contract Amount
$1,137,152 (estimated); $192,765/year for 7 years
Vendor
ZIONS BANCORPORATION N.A.
Agency
City of American Fork, UT
Contract Type
EQUIPMENT
Document Date
January 13, 2026
Contract Term
7 years, maturing January 2033
Renewal Date
2033-01-01
Renewal Info
Lease expires January 2033 unless paid off early. Separate lease for a ladder truck expires November 2027. No automatic renewal stated.
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