Lease Purchase Financing Interest Rate Proposal

The City of Jackson, Mississippi is requesting Lease Purchase Interest Rate Proposals to purchase $1,013,256.10 in vehicles and equipment. The Lease Purchase Agreement will be for a three-year period, with lease payments made semi-annually in arrears. The proposal must include the Lease Purchase interest rate and an amortization schedule. The city is seeking to purchase various vehicles and equipment, including gator mowers, dump trailers, and lawn mowers. • The lease purchase agreement will be for a three-year period. • Lease payments will be made semi-annually in arrears. • The proposal must include the Lease Purchase interest rate and an amortization schedule. • The city is seeking to purchase various vehicles and equipment. • The total acquisition cost is $1,013,256.10.