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Kay County approves $135,870 lease-purchase for 140 motor grader
Summary
The Kay County Board of County Commissioners approved a lease-purchase option to acquire a 140 Motor Grader (Serial No. EB200253) from Caterpillar Financial Services for $135,870, selected because the existing grader’s lease is expiring; no purchase paperwork was presented at the meeting.
The Kay County Board of County Commissioners voted to approve a lease-purchase option to acquire a 140 Motor Grader (Serial No. EB200253) from Caterpillar Financial Services for $135,870.00. Commissioner Jason Shanks said the option was selected in anticipation of the expiration of the grader’s lease; the motion was approved unanimously (Kreger, Jones, Shanks: aye).
The authorization was taken without purchase paperwork on hand at the meeting; the board recorded the action as part of routine highway equipment management. The purchase was discussed during the Road and Bridge section of the meeting and appears aimed at ensuring continued equipment availability for winter and maintenance operations.
