Township Board: Tuesday, March 12, 2024 @ 5:30pm Leelanau Township Board (ENFORCER SM PUMPER PAYMENT OPTIONS)

Event Date: 2024-03-12

Summarized with ai model: claude-3-haiku-20240307

Disclaimer: AI-generated summaries may contain errors. Please review the source document for accuracy.

Executive Summary:

Payment Options for Enforcer SM Pumper

1. 100% Upfront Payment Discount:
– Total vehicle price: $955,309.01
– Less prepayment discount: $-107,974.00
– Total due at time of order submission: $847,335.01

2. Partial Prepayment Option with Payments Before Delivery:
– Total vehicle price: $955,309.00
– Less partial prepayment (due at order submission): $-318,436.00
– Less prepayment discount: $-88,223.00
– Payment #2 due April 1, 2025: $-318,436.00
– Payment #3 due April 1, 2026: $230,214.00

3. Partial Prepayment Option with Payment at Final:
– Total vehicle price: $955,309.01
– Less partial prepayment (due at order submission): $-318,436.00
– Less prepayment discount: $-82,822.00
– Payment #2 due April 1, 2025: $-318,436.00
– Total due at time of final inspection: $235,615.01

Note: Prepayment interest will be adjusted based on the timely receipt of funds. The final balance due could be higher or lower depending on customer-approved changes, additions, or deletions to the order.

Internal document reference #:1909

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