Request Finance Program Related to Lease/Purchase of 2024 Caterpillar 150 AWD Motorgrader

The City of Ketchum (City) seeks finance program related to lease/purchase of 2024 Caterpillar 150 AWD Motorgrader (including Caterpillar 144” Wing Ripper Height Adj 140-160) (specifications attached via Western States Caterpillar Sales Agreement) the City Council has approved for purchase at $441,887.79.

To be considered, please provide an electronic submittal to tdonat@ketchumidaho.org by October 31, 2024, at 11 AM MST. 

•    Term Sheet

Please outline all finance program terms and conditions on your term sheet including the following:

o    Proposed term of finance program
o    Interest rate
o    Amortization
o    Payment
o    Collateral
o    Prepayment
o    Finance program amount
o    Fees
o    Proposed non-appropriation clause
o    Any other applicable finance program terms and conditions.

•    Next steps to proceed with finance program including the application and other necessary documents.