Lease purchase agreements these are full- leases with a term reflecting the equipment s estimated useful life because many lease purchase agreements include a bargain . With electricity and natural gas prices about to follow gasoline prices into the stratosphere , there is no better time to bined heat and power ( chp ) as a means to lower . Section : 7-e : 7-e lease agreements of equipment the governing body may enter into for the purposes of this section , " " lease shall include lease - purchase , sale and lease .

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