Town restructures vacuum truck financing arrangement
Town of Pagosa SpringsCity · Pagosa Springs, CO- Disclosed value
- $315,985.48
- From agenda
- Document date
- Apr 6, 2021
- Term
- 7-year lease agreement at 1.25% interest
The 30-second brief
Pagosa Springs Town Council approved Resolution 2021-07 to retire the vacuum truck debt using Town reserves and enter into a new 7‑year lease agreement with the Pagosa Springs Sanitation General Improvement District based on terms prepared by Tax Exempt Leasing Corporation. The early payoff amount is $315,985.48 and the lease carries 1.25% interest on the GID’s share of the equipment.
Tax Exempt Leasing Corporation holds this financial services contract with Town of Pagosa Springs. Its other public contracts on record include work for Town of Greenland and Exeter Ambulance District.
Term as filed: 7-year lease agreement at 1.25% interest.
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Contract details
- Contract type
- Financial Services
- Amount
- $315,985.48
- Document date
- April 6, 2021
- Term
- 7-year lease agreement at 1.25% interest
- Agency
- Town of Pagosa Springs
- Source document
- town_council_meeting_agenda_april_2021.pdf (Agenda)
Tax Exempt Leasing Corporation's other public contracts
More Town of Pagosa Springs contracts
Questions about this contract
Who was awarded the financial services contract by Town of Pagosa Springs?
Tax Exempt Leasing Corporation was awarded this financial services contract by Town of Pagosa Springs, as recorded on April 6, 2021. The contract value is $315,985.48.
How much is the Tax Exempt Leasing Corporation contract with Town of Pagosa Springs worth?
The Tax Exempt Leasing Corporation contract with Town of Pagosa Springs is valued at $315,985.48, 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 town_council_meeting_agenda_april_2021.pdf (Agenda), dated April 6, 2021 from Town of Pagosa Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Tax Exempt Leasing Corporation hold?
Tax Exempt Leasing Corporation 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 Town of Pagosa Springs currently buying?
Explore Town of Pagosa Springs's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.