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Commissioners weigh buying six sheriff—s vehicles after lease, insurance and budget concerns
Summary
Crawford County commissioners and the sheriff discussed options to buy out or restructure an equity-lease arrangement with Enterprise Fleet Management for six sheriff—s Durangos after higher-than-expected debt-service, insurance gaps and altered vehicle counts left the sheriff—s office short of rotating vehicles.
Crawford County commissioners on Sept. 9 heard from Enterprise Fleet Management about options to exit or rework an equity-lease arrangement for six sheriff—s vehicles after the sheriff—s office said the current structure is creating unsustainable debt-service and insurance exposure.
Enterprise account executive Ken Olsen told the commission that the company used an equity-lease model tied to a Sourcewell contract and that the county can either pay the remaining balance to take vehicles outright, have Enterprise sell vehicles on the county—s behalf, or fund the remaining balance to zero. "You can certainly pay off the remaining balance," Olsen said. "At every given point, there's always a reduced book value ... so whatever that number is, we can get that all updated and show you exactly what that would look like."
The sheriff—s…
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