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Sutherlin council approves resolution enabling lease financing for 2019 ladder truck

City of Sutherlin · April 21, 2025
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Summary

The Sutherlin City Council adopted Resolution 2025.04 authorizing the city manager to execute a lease-purchase agreement to finance a 2019 HME 80-foot ladder truck. Finance director Tammy Trowbridge said the lender requested a signed resolution to proceed; the council voted to approve and then adjourned.

The Sutherlin City Council voted to approve Resolution 2025.04, authorizing the city manager to execute and deliver a municipal lease-purchase agreement to acquire and finance a 2019 HME 80-foot ladder truck. The action formalizes the council's purchase approval from the prior Monday and responds to a financing company's request for a signed resolution so the lender can move forward.

Tammy Trowbridge, Sutherlin finance director, told the council the financing company supplied the suggested resolution language and asked for the signature to proceed. "The financial institution has requested a signed resolution to move forward with the financing of the 2019 ladder truck that was approved by council on Monday evening," she said, adding that the city "doesn't usually finance equipment and vehicles" but the lender required a formal resolution rather than minutes to document the transaction.

A council member recorded in the transcript as Speaker 2 moved to approve the resolution and the motion received a second. Council recorded ayes from Councilor Woods, Councilor Daigle and Councilor Sarnoski, and Mayor Sumner; Councilor Hamilton was excused. The presiding officer announced, "Motion carries," and the meeting was adjourned shortly afterward.

The resolution authorizes the city manager to execute documents and take other actions necessary to complete the lease-purchase transaction. The transcript did not include detailed financing terms (interest rate, length of lease, or total financed amount); those specifics were not specified during the meeting and would be available in the formal loan documents or the resolution attachment.