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Board directs split-interest arrangement and written confirmation for patrol/snowplow chassis purchase
3077064 · April 22, 2025
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Summary
Facing early vehicle arrival and dealer storage interest charges, trustees directed staff to split accrued interest on an early-delivered truck chassis with the dealer and to secure written terms before final purchase.
The board discussed timing and financing options for a replacement chassis for a village snowplow/patrol truck that arrived early at the dealership. Trustees directed staff to accept a shared-interest arrangement with the dealer and to secure written confirmation of that arrangement.
Public Works staff explained the chassis,…
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