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Florence board approves 4.00% lease to buy police vehicles

Mayor and Board of the City of Florence · October 7, 2025
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Summary

The Florence board approved Community Bank's 4.00% lease-purchase quote to finance new police vehicles after receiving four bids; the board also authorized the mayor to execute the agreement pending city attorney review.

The Florence mayor and board voted Oct. 7 to accept Community Bank's 4.00% lease-purchase quote to finance new police vehicles, the lowest of four bids. The board recorded the competing offers as Copiah Bank 4.25%, Cadence Bank 4.84% and Trustmark Bank 5.45% and carried the motion by unanimous vote.

Chief Burns recommended the financing; Alderman Mason Herrin moved the approval and Alderman Grantham seconded. The board then authorized Mayor Trey Gunn to execute the Lease Purchase Agreement with Community Bank pending review by City Attorney Bobby Lingold. The approvals were listed as carried unanimously in the meeting minutes.

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