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Commission approves up-to-$5M borrowing to buy motor graders and orders five Komatsu graders at $1.65M
Summary
Jackson County commissioners approved a resolution to borrow up to $5 million from the Florida Local Government Program to purchase 15 motor graders over two years, and separately approved a $1,649,624.50 purchase order for five Komatsu graders to have in hand when five leased graders expire.
The Jackson County Board of County Commissioners voted Oct. 14 to authorize borrowing through the Florida Local Government Program (pooled commercial paper loan) of up to $5,000,000 to finance the purchase of multiple motor graders over two years.
Staff told commissioners the purchase schedule calls for five motor graders in February 2026 and 10 in February 2027; the resolution authorizes a pooled loan not to exceed $5 million…
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