The City of Allentown is seeking proposals for the financing of golf course landscaping and groundskeeping equipment. The contract has a 5-year term, with an annual payment of $21,529.18 and an interest rate of 2.99%. The contract was awarded to Municipal Capital Finance. Key aspects of the contract include the financing terms, the equipment to be financed, and the payment schedule.
• The contract is for the financing of golf course landscaping and groundskeeping equipment.
• The contract has a 5-year term.
• The annual payment is $21,529.18.
• The interest rate is 2.99%.
• The contract was awarded to Municipal Capital Finance.