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Eagle River commission approves Terex digger truck purchase, finances remainder with vendor
Summary
The commission approved buying a Terex digger truck from Custom Truck One Source for up to $276,000, using $81,000 from its equipment replacement account and financing the remainder with the vendor; the motion passed unanimously by roll call.
The Eagle River Light, Water and WWTP Commission on Jan. 20 voted unanimously to approve the purchase of a Terex digger truck from Custom Truck One Source for up to $276,000. The motion, moved by Dan Dumas and seconded by Walt Gander, passed on a roll-call vote with Dumas, Gander, Dan Grosskopf and David Eibner voting aye.
The agenda packet listed a purchase price of $274,380 and an initial financing proposal of $200,000 through the vendor; during discussion the commission approved a resolution to use $81,000 from the utility’s equipment replacement account with the remaining balance financed by the vendor. The commission also directed that future monthly funding of the equipment replacement account be split to reflect the outstanding financing commitment.
No alternative suppliers or additional financing sources were adopted during the meeting. The record does not show any amendments to the motion. Next procedural steps are completing the financing paperwork with the vendor and implementing the agreed change to the equipment replacement account’s future funding.
