Purchase of new dump truck and dump trailer
One-time (complete)operationalone_timeThe Board approved purchasing a new dump truck and dump trailer (option 2) for a total cost of $80,668.30, funded through CHIPS ($25,000), highway maintenance ($9,000), highway reserve fund ($8,000), insurance claim proceeds ($3,650), water fund transfer ($8,253), and resale proceeds ($3,500), with the balance of approximately $26,765.30 to be borrowed at the lowest available interest rate not exceeding $27,000. Proceeds from the sale of the old equipment will be deposited to the general fund.
First seen
2015-07-30
Latest event
2015-07-30
adopted
Expires
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RESOLVED
- Approve option 2 to purchase a new dump trailer and a new dump truck totaling $80,668.30 with estimated revenue resources leaving a balance of $26,765.30 to borrow. Borrowing will go to the lowest interest rate and not to exceed $27,000. Also the sale of the old dump truck and dump trailer will go into the General Fund A5110.2.
Lifecycle (1 event)
2015-07-30adoptedvote: unanimous
Approve the purchase of a new dump truck and dump trailer totaling $80,668.30 with borrowing not to exceed $27,000.
moved by Blundell · seconded by Kovalchik
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Resolved
- Approve option 2 to purchase a new dump trailer and a new dump truck totaling $80,668.30 with estimated revenue resources leaving a balance of $26,765.30 to borrow. Borrowing will go to the lowest interest rate and not to exceed $27,000. Also the sale of the old dump truck and dump trailer will go into the General Fund A5110.2.
Subject key:
dump_truck_dump_trailer_purchase