FINANCIAL_SERVICESAPPROVED

North Park Fire Protection District Board of Trustees Meeting Minutes April 2026

Fire District Approves Engine Financing Agreement

$907,000 (with $100,000 down; financing $807,000 over 10 years)North Park Fire Protection DistrictCOMMUNITY LEASING PARTNERApril 9, 2026

Trusted by teams at

Description

The North Park Fire Protection District Board approved a 10-year financing agreement with Community Leasing Partner for a new fire engine, putting $100,000 down and financing the remaining $807,000. Payments will be made semiannually over the life of the loan.

Contract Details

Contract Amount

$907,000 (with $100,000 down; financing $807,000 over 10 years)

Vendor

COMMUNITY LEASING PARTNER

Agency

North Park Fire Protection District, IL

Contract Type

FINANCIAL_SERVICES

Document Date

April 9, 2026

Contract Term

10-year loan, 20 payments made twice per year

Renewal Date

2036-04-09

Renewal Info

10-year fixed-term financing with 20 semiannual payments; no renewal terms mentioned.

Issuing Agency