Breckenridge Proposes UMB Lease-Purchase Financing | Town of Breckenridge | UMB BANK N.A.

Scope & details

The full contract record, as filed.

Contract amount

Base Rentals not to exceed $4,250,000 aggregate principal; maximum annual repayment cost of $600,000; total repayment cost not to exceed $5,500,000

Contract type

FINANCIAL_SERVICES

Contract term

From the closing date through no later than December 31, 2035

Renewal date

2035-12-31

Renewal

The lease operates on a year-to-year appropriation basis and may terminate upon nonappropriation; the Town may exercise a purchase option under the agreement.

Document type

AgendaPacket

Source document

Town of Breckenridge AgendaPacket Town Council Regular Meeting 2026-09-22

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Breckenridge?

Umb Bank N.a. was awarded this financial services contract by Town of Breckenridge, as recorded on September 22, 2026. The contract value is Base Rentals not to exceed $4,250,000 aggregate principal; maximum annual repayment cost of $600,000; total repayment cost not to exceed $5,500,000.

How much is the Umb Bank N.a. contract with Town of Breckenridge worth?

The Umb Bank N.a. contract with Town of Breckenridge is valued at Base Rentals not to exceed $4,250,000 aggregate principal; maximum annual repayment cost of $600,000; total repayment cost not to exceed $5,500,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Town of Breckenridge AgendaPacket Town Council Regular Meeting 2026-09-22 (AgendaPacket), dated September 22, 2026 from Town of Breckenridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Umb Bank N.a. hold?

Umb Bank N.a. may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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Explore Town of Breckenridge's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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