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City may change lease agreement for Sand Creek Station equipment


The Kansan
COVID-19 has led to supply chain disruptions in a number of industries and those disruptions are now affecting golf equipment, and in turn the city of Newton. 
The city commission approved the lease of about a dozen pieces of maintence equipment mostly specialized mowers at its Feb. 9 meeting. The agreement stipulated a lease with payments of more than $5,000 monthly. 
The Newton City Commission will discuss changing a contract for equipment approved last year for Sand Creek Station during a special meeting May 25. Under that contract, the city approved a downpayment of $200,000 with 60 months of lease payments for a total of $301,295.  At the end of five years the city could exercise a $1 buyout clause to take ownership of the equipment.  ....

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