Public Works Equipment Lease Refinance with First Government

Robbins council will consider a lease purchase agreement and refinancing of Public Works equipment through First Government Lease Co. at the March 22, 2022 meeting. The agenda does not state the contract amount or term.

Document date · March 22, 2022

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Scope & details

The full contract record, as filed.

Contract type

EQUIPMENT

Document type

Agenda

Source document

robbins-village-regular-council-meeting-agenda-march-22-2022_1dc.pdf

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University Park village (pt.), IllinoisUp to $177,859.29 financed; 5 Years: $3,853.62/month at 5.99% fixed (total lease price $231,217.20); 7 Years: $3,154.88/month at 6.99% fixed (total lease price $265,009.92); 10 Years: $2,519.67/month at 6.99% fixed (total lease price $302,360.40)Oct 10, 2023

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University Park village (pt.), IllinoisUp to $177,859.29; 7-year lease total $265,009.92 ($3,154.88 per month)Sep 26, 2023

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the equipment contract by Robbins village?

First Government Lease Co was awarded this equipment contract by Robbins village, as recorded on March 22, 2022.

What type of contract is this?

This is a Equipment contract, documented as a agenda record.

Where was this contract approved?

This contract appears in robbins-village-regular-council-meeting-agenda-march-22-2022_1dc.pdf (Agenda), dated March 22, 2022 from Robbins village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Government Lease Co hold?

First Government Lease Co may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View First Government Lease Co's profile

What is Robbins village currently buying?

Explore Robbins village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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