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Equipment Financing Considered for New Mower Lease

Streamwood Park District logoStreamwood Park District
Disclosed value
$35,556.12 per year (12 x $2,963.01) plus $16,531.20 end-of-lease purchase option
From agenda
Document date
Apr 23, 2024

The 30-second brief

What it covers

Streamwood Park District plans to consider a financing arrangement with Western Equipment Finance for a three-year lease of mower equipment, costing $35,556.12 annually with a $16,531.20 buyout option at the end of the term. The lease will support replacement of aging mowing equipment.

Who holds it

Western Equipment Finance holds this financial services contract with Streamwood Park District. Its other public contracts on record include work for City of Hinton and Oilton Public Schools.

What happens next

Term as filed: Three (3) year lease with end-of-lease buyout option.

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Contract details

Contract type
Financial Services
Amount
$35,556.12 per year (12 x $2,963.01) plus $16,531.20 end-of-lease purchase option
Document date
April 23, 2024
Term
Three (3) year lease with end-of-lease buyout option
Vendor
Western Equipment Finance
Agency
Streamwood Park District
Source document
Streamwood Park District Regular Meeting Agenda April 2024 (Agenda)

Western Equipment Finance's other public contracts

City of Hinton, IowaHinton Approves Western Equipment Golf Cart Rental · Oct 8, 2026$2.9KOilton Public Schools, OklahomaBoard Considers Mower Change Order with Western Equipment · Oct 3, 2026+3,190.46City of Hinton, IowaHinton Approves Western Equipment Golf Rentals · Sep 10, 2026$2.9KCity of Hinton, IowaGolf Cart Rental Payment Approved · Aug 13, 2026$2.9KTown of Alcester, South DakotaEquipment Finance Payment to Western Equipment Finance · Aug 3, 2026$993.7All Western Equipment Finance contractsVendor profile

More Streamwood Park District contracts

Midwest ExcavatorsPark District Considers $364,974 Pay Application · Sep 20, 2026$365KMidwest Excavator IncSilo Foundation Change Order Considered for Midwest Excavator · Sep 20, 2026$48.9KMidwest Excavator IncPlayground Stone Change Order Set for Ratification · Sep 20, 2026$989Progressive Business SolutionsBattery Energy Storage Lease Presented to District · Aug 25, 2026UndisclosedSCHROEDERSchroeder Contract Continues at 360 Schaumburg · Aug 25, 2026All Streamwood Park District activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Streamwood Park District?

Western Equipment Finance was awarded this financial services contract by Streamwood Park District, as recorded on April 23, 2024. The contract value is $35,556.12 per year (12 x $2,963.01) plus $16,531.20 end-of-lease purchase option.

How much is the Western Equipment Finance contract with Streamwood Park District worth?

The Western Equipment Finance contract with Streamwood Park District is valued at $35,556.12 per year (12 x $2,963.01) plus $16,531.20 end-of-lease purchase option, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Streamwood Park District Regular Meeting Agenda April 2024 (Agenda), dated April 23, 2024 from Streamwood Park District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Western Equipment Finance hold?

Western Equipment Finance may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Streamwood Park District currently buying?

Explore Streamwood Park District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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