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Municipal Services Group, Inc. contract to provide financing for six (6) 28 CY Auto Loading Trucks for the Sanitation Department
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Municipal Services Group, Inc. in cooperation with River City Hydraulics was awarded the contract to provide financing for six (6) CY Auto Loading Trucks for the Sanitation Department and was signed on April 14, 2006. The lease/purchase agreement is for a two-year period, which equals a total of $1,126,554 with a buy back rate of $120,000 for each vehicle equaling $720,000. The resolution number is 2006:22 and was approved by the City Council on February 21, 2006.
Attachments included are:
Resolution
Master Lease & Option Agreement
Request for Proposal
Financing proposal