Page 104 - CityofEulessFY26AdoptedBudgetOrdinance2432
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CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION: AXON ENTERPRISE, INC. LEASE
DATED: June 13, 2023
ORIGINAL AMOUNT: $ 1, 139, 386
INTEREST RATES:
PAYING AGENT: AXON ENTERPRISE, INC.
OPTION DATE: N/ A
INTEREST PRINCIPAL TOTAL
YEAR INTEREST December/ March December/ March REQUIREMENTS
2026 $ 226, 895 $ 226, 895
2027 $ 226, 895 $ 226, 895
2028 $ 226, 895 $ 226, 895
TOTAL $ 0 $ 680, 686 $ 680, 686
The lease was used to finance an integrated camera and taser system along with related hardware and software for the police
department.
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Ordinance No. 2432, Page 98 of 474