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Raeford council approves up to $420,000 financing for vehicles and equipment, authorizes surplus auction and ratifies FFCRA leave
Summary
At its July 9 meeting the Raeford City Council unanimously adopted several consent-agenda items, including Resolution #2020-05 (official intent to reimburse up to $420,000 for vehicles/equipment), Resolution #2020-06 (U.S. Bancorp financing terms), Resolution #2020-07 (declaring surplus and authorizing a GovDeals auction) and Resolution #2020-08 (ratifying the City’s FFCRA-related leave policy).
The Raeford City Council on July 9 unanimously adopted a package of consent-agenda measures that included financing approvals for new vehicles and equipment, authorization to sell surplus property online and formal ratification of the city’s COVID-era leave policy.
The council adopted Resolution #2020-05, described as the city’s “official intent” to reimburse capital expenditures with proceeds of future tax-exempt indebtedness or other debt, for an amount not currently expected to exceed $420,000. Exhibit A attached to the resolution lists planned purchases including four police patrol SUVs and…
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