City of Palmetto Awards Financial Services Contract to U.s. Bancorp Government Leasing and Finance Inc (April 2026)

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $577,000; total principal $577,000; total debt service $623,339.72

Contract type

FINANCIAL_SERVICES

Contract term

April 22, 2026 – March 22, 2030 (4 years), quarterly payments of $38,839.89

Renewal date

2030-03-22

Renewal

Property Schedule No. 4 under the February 28, 2020 Master Tax‑Exempt Lease/Purchase Agreement; lease payments may be prepaid in whole at any time by paying the applicable termination amount plus accrued interest; obligations are subject to annual appropriation and do not constitute a general obligation debt; prepayment permitted after 13 months at 103% of remaining principal under the proposal.

Document type

Resolution

Source document

City of Palmetto Resolution 2026-06 US Bancorp Lease Agreement

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Palmetto?

U.s. Bancorp Government Leasing and Finance Inc was awarded this financial services contract by City of Palmetto, as recorded on April 20, 2026. The contract value is Not to exceed $577,000; total principal $577,000; total debt service $623,339.72.

How much is the U.s. Bancorp Government Leasing and Finance Inc contract with City of Palmetto worth?

The U.s. Bancorp Government Leasing and Finance Inc contract with City of Palmetto is valued at Not to exceed $577,000; total principal $577,000; total debt service $623,339.72, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Palmetto Resolution 2026-06 US Bancorp Lease Agreement (Resolution), dated April 20, 2026 from City of Palmetto. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does U.s. Bancorp Government Leasing and Finance Inc hold?

U.s. Bancorp Government Leasing and Finance Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View U.s. Bancorp Government Leasing and Finance Inc's profile

What is City of Palmetto currently buying?

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

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