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Commissioners agree to pay balloon note on Precinct 3 rubber-tire mower and plan auction to replenish Road & Bridge funds
Summary
The court voted to pay a final balloon payment of $144,000 on a Caterpillar rubber-tire excavator/mower assigned to Precinct 3 and to auction equipment afterward; commissioners discussed use of Road & Bridge funds and a plan to replace proceeds to the general equipment fund.
Newton County Commissioners Court authorized paying the final balloon payment on a Caterpillar rubber-tire excavator (with mower head) assigned to Precinct 3 and directed staff to pursue auctioning county equipment to replenish funds.
Commissioners discussed the machine’s balloon payment (reported in the meeting as about $144,000) and options: pay…
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