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Court approves lease agreement for a 2024 Ford F-150 for the sheriff's department

Newton County Commissioners Court · December 18, 2024
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Summary

The court approved a lease between American National Leasing and Newton County for a 2024 Ford F-150 for the sheriff's department, including a $35,000 down payment and multi-year lease payments to begin in early 2025.

Newton County commissioners approved a lease agreement with American National Leasing for a 2024 Ford F-150 for the sheriff's department during their Dec. 18 meeting.

Court discussion recorded the vehicle's total purchase price at approximately $67,900, with an agreed down payment of $35,000. The lease agreement was described in the record as a finance/lease arrangement with payments scheduled to begin in early 2025; a monthly payment of $1,481 was read into the record and the payment schedule was described as continuing for three years.

Commissioner Benson moved to approve the lease; Commissioner White seconded the motion and the court approved the contract.

Next steps: the county will finalize the lease paperwork and allocate the $35,000 down payment from the appropriate fund for 2024-year accounting.