Analysis of Lease/Purchase Bids
Solid Waste Authority
Truck and Packer Body
| 1st Year | Total | 2nd Yr. | Total | ||||||
| 1st Yr. | Principal | 1st Yr. | 2nd Year | Principal | 2nd Year | Total of | |||
| Name | Amount | Rate | Interest | Payment | Payment | Interest | Payment | Payment | Payments |
| OK Bank and Trust Clinton, OK |
$83,633.55 | 3.96% | $3,311.89 | $41,816.78 | $45,128.67 | $1,655.94 | $41,816.77 | $43,472.71 | $88,601.38 |
| DeLage Landen (DLL) Kansas City, MO |
$83,633.55 | 3.34% | $2,793.36 | $41,816.78 | $44,610.14 | $1,396.68 | $41,816.77 | $43,213.45 | $87,823.59 |
| Required | Total of | ||||||||
| Annual | Annual | ||||||||
| Payment | Payments | ||||||||
| OK Bank and Trust Clinton, OK |
$44,316.77 | $88,633.54 | |||||||
| DeLage Landen (DLL) Kansas City, MO |
$43,923.27 | $87,846.54 | |||||||
,