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Tagged With "municipalities"

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Re: NJ lease question

muleyman ·
Not in Oregon... Not sure about NJ!
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Re: NJ lease question

Keith Hachey ·
Art - As a general rule, when leasing to Muni/State Agency/Poly Subs, the customer can choose the lease structure that best fits their needs - Tax Exempt Muni Lease,standard $1.00 out, FMV lease agreement, Rental Agreement, etc. In New Jersey, tax exempt municipal leases and FMV are widely used. Based on my previous conversations with Muni leasing experts, leases cannot be longer than 5 years and all must include a fiscal funding/non-appropriation clause with the agreement. Technically each...
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Re: NJ lease question

Art Post ·
Thanx for this and also the document you emailed me
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NJ lease question

Art Post ·
When is comes to municipalities and state agencies, I've always been under the impression that if the equipment is leased they have to have a $1.00 purchase option.  Is that correct?
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