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Council approves lease‑purchase for Bearcat armored vehicle for police

The Colony City Council · September 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Colony approved a lease‑purchase agreement to acquire a Lenco Bearcat G2 Pro armored vehicle (about $343,002) with a 7‑year financing option to support SWAT and high‑risk operations; annual payments are budgeted in FY25‑26.

The Colony City Council voted to authorize a lease‑purchase agreement with Municipal Asset Management Inc. for a Lenco Bearcat G2 Pro armored security vehicle, with a not‑to‑exceed cost of $421,234.45 reflected on the agenda and an equipment price presented at roughly…

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