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Anniston council approves $252,400 financing for golf carts and utility vehicles
Summary
The Anniston City Council adopted a resolution to finance $252,400 for golf carts and utility vehicles with First Bank of Alabama at 4.99% interest; the measure passed unanimously after roll call.
The Anniston City Council on a unanimous voice roll approved a resolution to finance golf carts and utility vehicles with First Bank of Alabama for $252,400 at a 4.99% interest rate.
Council members said the terms had been discussed in the council's work session and brought forward for formal passage at the regular meeting.
The resolution covers financing for city-owned golf carts and utility vehicles. Councilman Daniels, Councilman Roberts and Councilman Harris each voted “yes,” and Mayor Smith voted “yes,” according to the roll call that concluded the item. The council meeting record notes the financing terms were discussed at the prior work session.
No public comment was reported on the resolution at the meeting. The resolution passed and will allow the city to proceed with the purchase under the stated financing terms.
The item was listed on the consent/regular agenda and was carried by roll call; no amendment or additional conditions were recorded at the meeting.
