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Board approves resolution authorizing master equipment lease-purchase for fleet via Indiana Bond Bank

3207929 · May 7, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Franklin's Board of Public Works and Safety approved Resolution 25-05 to authorize execution and delivery of a master equipment lease-purchase agreement for fleet vehicles financed through the Indiana Bond Bank, with a noted rate of 4.85 percent.

The Board of Public Works and Safety approved Resolution 25-05 on May 5 authorizing the execution and delivery of a master equipment lease-purchase agreement to finance fleet vehicles through the Indiana Bond Bank.

City Attorney Lynn Gray summarized the package of required documents, which…

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