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Cheatham County approves $925,218 note to buy seven school buses
Summary
The Cheatham County Legislative Body authorized a three-year capital outlay note of up to $925,218 to finance seven school buses, subject to Comptroller approval; the county recorded budget entries to spend the proceeds on buses.
Cheatham County approved a capital outlay note not to exceed $925,218 on March 21 to finance seven school buses, County Mayor Kerry McCarver said as the commission took the action.
The Legislative Body voted to authorize a three-year capital note that the county will amortize according to terms set in the resolution; the action requires written approval from the Tennessee Comptroller of the Treasury before the sale. Commissioner Ed Greer…
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