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Pittsburg County signs lease-purchase for 2024 pumper for Arrowhead VFD; monthly payment $1,741.37
Summary
The county approved lease documents for a 2024 International MV pumper for Arrowhead Volunteer Fire Department, signing a lease with monthly payments of $1,741.37 and a total finance charge of $11,417.20; documents show an assignment of the lease to RCB Bank.
Pittsburg County commissioners approved lease documents on Jan. 20 for one 2024 International MV pumper to be used by the Arrowhead Volunteer Fire Department. The lease-purchase package was presented to the board and approved unanimously.
Key terms: The equipment listed in the lease is a 2024 International MV pumper (VIN 3HAEUTAR6RL375363). The amortization schedule attached to the lease shows a monthly payment of $1,741.37. The schedule in the county packet itemizes a financed amount of $93,065, a total finance charge of $11,417.20 and a total of payments amounting to $104,482.20 over the lease term. The county approved execution of the lease documents and related exhibits (including a certificate of legal opinion and the county resolution required for equipment leasing).
Assignment and financing: The lease package also includes an assignment of the lease to RCB Bank (assignment paperwork and an acknowledgement letter were included in the meeting packet). County staff documented invoice/PO instructions and insurance requirements that must be met before the equipment is accepted.
Why it matters: The pumper will add capacity to the Arrowhead Estates Volunteer Fire Department. The county approved the lease after reviewing standard lease-purchase paperwork and signed required certification exhibits and state forms; procurement details such as delivery and payment instructions were recorded in meeting exhibits.
Next steps: County staff will process the required insurance certificate, finalize vendor invoicing, and monitor the delivery and acceptance checklist; monthly lease payments will be made per the amortization schedule approved by the board.
