City Considers Lease Financing with Lease Servicing Center
Negaunee Housing CommissionLocal Housing Authority · Negaunee, MI- Disclosed value
- $153,500.00 (financed portion of $213,500.00 purchase)
- From agenda
- Document date
- Oct 10, 2024
- Term
- 4 year lease term (proposed 2025–2028)
The 30-second brief
Negaunee staff proposed a four-year equipment lease with Lease Servicing Center to finance $153,500.00 of the new DPW plow truck purchase. The arrangement would require annual payments of about $46,655.68 from 2025 through 2028, subject to council approval.
Lease Servicing Center holds this financial services contract with Negaunee Housing Commission. Its other public contracts on record include work for Township of Union and Plainfield Township Park District.
Term as filed: 4 year lease term (proposed 2025–2028).
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Contract details
- Contract type
- Financial Services
- Amount
- $153,500.00 (financed portion of $213,500.00 purchase)
- Document date
- October 10, 2024
- Term
- 4 year lease term (proposed 2025–2028)
- Vendor
- Lease Servicing Center
- Source document
- negaunee-housing-commission-agenda-2024-10-10_46b.pdf (Agenda)
Lease Servicing Center's other public contracts
More Negaunee Housing Commission contracts
Questions about this contract
Who was awarded the financial services contract by Negaunee Housing Commission?
Lease Servicing Center was awarded this financial services contract by Negaunee Housing Commission, as recorded on October 10, 2024. The contract value is $153,500.00 (financed portion of $213,500.00 purchase).
How much is the Lease Servicing Center contract with Negaunee Housing Commission worth?
The Lease Servicing Center contract with Negaunee Housing Commission is valued at $153,500.00 (financed portion of $213,500.00 purchase), 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 negaunee-housing-commission-agenda-2024-10-10_46b.pdf (Agenda), dated October 10, 2024 from Negaunee Housing Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Lease Servicing Center hold?
Lease Servicing Center 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 Negaunee Housing Commission currently buying?
Explore Negaunee Housing Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.