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Police Jury approves lease-purchase financing for tractors and mowers across multiple funds
Summary
The Police Jury approved lease-purchase finance agreements with Crawler Supply for tractors and implements totaling $171,078.35 (RBM Funds) and $131,603.50 (Road District funds), with 60-month terms at 7% interest; first payment due in advance May 1, 2025 for the RBM fund purchase.
The St. Helena Parish Police Jury adopted resolutions approving lease-purchase finance agreements with Crawler Supply for New Holland TS6.110 tractors and associated implements. One agreement (payable from RBM Funds) covers a New Holland tractor, a 22' Samurai Boom and attachments for a total cost of $171,078.35; the financing terms are 60 monthly payments of approximately $3,376 at 7.00% interest, with the first payment due in advance by May 1, 2025. Separate but similar approvals for purchases payable from Road District #1 and Road District #3 funds each total $131,603.50 with 60 monthly payments i/a/o $2,598 at 7.00% interest.
All lease-purchase resolutions were moved by Jule C. Wascom, seconded by Quanika H. Muse, and unanimously adopted by the Jury. The minutes record contract references to Louisiana State Contract numbers #4400025669 and #4400020868 for the equipment.
