Grantsville City Council Agenda Packet 2026-05-18
Zions Bank Chosen for Vactor Truck Lease Financing
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Description
Council approved an equipment lease-purchase agreement for a Vactor truck with Zions Bank, which will save the City $47,000 in financing costs compared to supplier financing.
Contract Details
Vendor
ZIONS BANK
Agency
City of Grantsville, UT
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Renewal Info
Financing replaces previously approved supplier financing; interest rate and fee reductions included.
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