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Nicholas County court approves CAECO lease resolution to finance projects

Nicholas County Fiscal Court · October 18, 2024
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Summary

The fiscal court approved a resolution to authorize a CAECO lease to finance county projects; staff will send the resolution to the designated contact to complete financing paperwork. The resolution passed by voice vote.

The Nicholas County fiscal court voted to approve a resolution authorizing a CAECO lease to finance previously discussed county projects.

At the meeting the presiding official explained the resolution authorizes a lease-financing arrangement with CAECO and referenced the vendor name as recorded in the minutes (spelled alternately in the record as “Kaco” and “Keiko”). County staff said they will forward the signed resolution to the named contact and expected the paperwork to be turned around by the end of the week.

County Attorney Don Letcher confirmed the motion is to approve the lease for the amounts discussed previously, and court members approved the motion by voice vote. The record shows a unanimous voice 'aye' and the chair stated the motion carried.

Implementation steps described during the meeting include staff sending the approved resolution to the contact (identified in the record as Mister Johnson) and completing follow-up financing paperwork. The court did not record a detailed roll-call tally in the provided transcript; the action was approved by unanimous voice vote as recorded.