City of Marshall Agenda June 16, 2026
Missouri Association of Municipal Utilities to Administer Lease
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Description
The City of Marshall named the Missouri Association of Municipal Utilities as administrator for its lease-purchase financing of a new administration building and shop. The Administrator will oversee a financing structure with principal Base Rentals up to $7,126,126 at 5.00% interest over a term of up to 10 years and one month.
Contract Details
Contract Amount
Aggregate principal components of Base Rentals not to exceed $7,126,126 at 5.00% interest
Vendor
MISSOURI ASSOCIATION OF MUNICIPAL UTILITIES
Agency
City of Marshall, MO
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
Lease term not to exceed 10 years and one month
Renewal Info
Administrator role tied to the term of the Lease-Purchase Agreement, not to exceed 10 years and one month.
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