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Council approves lease‑to‑own purchase of Volvo payloader to replace aging equipment
Summary
The council authorized a 5‑year lease‑to‑own agreement for a Volvo payloader after staff described repeated breakdowns of the existing 16‑ to 17‑year‑old machine and high rental costs; ongoing lease payments will be budgeted under CNEF/capital reserves.
Wethersfield approved a lease‑to‑own agreement with NCL Government Capital to acquire a new Volvo payloader used by Physical Services, replacing an aging machine that has required frequent repairs and temporary rentals. Sally Katz, director of physical services, told the council the department has been intermittently renting a payloader at rates ranging from $2,500 to $5,000 per week and that the town prefers a same‑brand replacement to simplify parts and mechanic training.
Katz said the old machine is over 16 years old and the town will use a five‑year lease with a nominal buyout; financing will initially be covered from capital reserve funds and then rolled into the CNEF budget for future years. Councilors asked about buyout terms and budget placement; town staff confirmed lease payments will be a CNEF expense in future budgets. The motion passed by voice vote.
