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Selectmen approve lease purchase of roll‑off truck through Municipal Capital Finance to avoid legal fee delay

5074445 · June 26, 2025
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Summary

The board authorized Town Administrator Seth to finalize a $255,811 lease‑purchase with Municipal Capital Finance for a 2025 Mack Granite roll‑off truck and adopted a resolution authorizing the transaction; the change was intended to avoid an estimated $3,000 legal fee tied to the bank previously selected.

The Town of Alton Board of Selectmen on June 24 authorized the town administrator to enter a lease‑purchase agreement with Municipal Capital Finance to fund a 2025 Mack Granite roll‑off truck and approved a board resolution authorizing the financing.

Town staff told the board that the…

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