Master Lease Agreement

2026-11-03

The City of Branson , Missouri ( herein the “ City ”) has established a Master Lease Financing Contract to enable the City to make purchases of Eligible Property or refinancing of Eligible Property , on an as needed , if needed basis . The Master Lease Services contracts shall only be used by the City with intent to own the financed property at the end of the lease term . 1 . 2 Lease / Purchase Financing may be acquired through this contract for the following Eligible Property : a . Motor vehicles , including tractors , non - road use vehicles , material handling equipment and agricultural equipment ; 1 . 3 The Lessor shall have the right of review and refusal of lease requests for funding the purchase of items that do not fall within the categories listed above . 1 . 4 The City and the Lessor may mutually agree to execute a Lease Schedule for items of Eligible Property that do not fall within the categories listed above . 1 . 5 For Each Master Lease Contract , the principal amount of the initial Lease Schedule must at least equal $ 50 , 001 of Eligible Property . Each subsequent Lease Schedule Principal Advance must be for at least $ 10 , 000 of Eligible Property . The $ 10 , 000 threshold may be met by multiple units of items individually valued at less than $ 10 , 000 ( e . g . five personal computers , each priced at $ 2 , 000 ). The Lease Term for each Lease Schedule will be 3 - years or 5 - years , measured from the date the Lessor advances the Lease Schedule Principal Advance . The Lease Schedule Amortization and Lease Schedule Interest Rate will be computed , pursuant to the terms of the Master Lease Contract , and will be documented by the Lessor on the Lease Schedule .

Missouri

2026-04-29