Township Reviews Lease Financing for Fire Tanker

Jefferson Township trustees reviewed a lease financing proposal from Leasing 2 incorporated for a $653,000 fire engine/tanker purchase under resolution 21-071. Three term options up to 12 years were discussed, with the board considering additional finance quotes before final approval.

Document date · October 5, 2021

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Scope & details

The full contract record, as filed.

Contract amount

$653,000 (financed; exact lease option TBD)

Contract type

FINANCIAL_SERVICES

Contract term

Up to 12 years; three financing options presented (including a nine-year option)

Renewal

Lease term and option selection not yet finalized; appropriation clause noted as an out if funds are not appropriated.

Document type

Transcript

Source document

Jefferson Township Board of Trustees Work Session Transcript October 2021

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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 Jefferson?

Leasing 2 Incorporated was awarded this financial services contract by Town of Jefferson, as recorded on October 5, 2021. The contract value is $653,000 (financed; exact lease option TBD).

How much is the Leasing 2 Incorporated contract with Town of Jefferson worth?

The Leasing 2 Incorporated contract with Town of Jefferson is valued at $653,000 (financed; exact lease option TBD), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a transcript record.

Where was this contract approved?

This contract appears in Jefferson Township Board of Trustees Work Session Transcript October 2021 (Transcript), dated October 5, 2021 from Town of Jefferson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Leasing 2 Incorporated hold?

Leasing 2 Incorporated 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 Leasing 2 Incorporated's profile

What is Town of Jefferson currently buying?

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