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Council approves $759,799.60 financing and purchase of two garbage trucks
Junction City Council · May 14, 2024
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Summary
Junction City authorized borrowing $759,799.60 to finance two replacement garbage trucks and approved purchasing two demo trucks from General Equipment at the same price; the financing arranges a seven‑year payment schedule at 6.119% and staff said the trucks are available now.
The Junction City Council approved a financing resolution and a purchase authorization totaling $759,799.60 on May 14 to replace end‑of‑life sanitation trucks.
Staff presented a borrowing resolution with Coleman Capital to finance two garbage trucks at a proposed…
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