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Sperry trustees approve purchase and lease-purchase to add two 2021 Dodge Chargers
Summary
The Sperry Board of Trustees unanimously approved Resolution 2026-03 to acquire two 2021 Dodge Chargers, authorize equipment installation and trade in two 2020 Dodge Durangos, and enter a $37,942 lease-purchase with The Exchange Bank.
Mayor Robert Morton moved and Trustee Gary Callahan seconded a motion to approve Resolution 2026-03, authorizing the acquisition of two 2021 Dodge Chargers at a total purchase price of $47,590.00, plus lights, sirens and push bumpers at $5,608.00 per vehicle. The motion passed with all five trustees voting yes.
The resolution authorizes trading in two 2020 Dodge Durangos for a combined trade-in value of $21,000.00 and approves a lease-purchase agreement with The Exchange Bank in the amount of $37,942.00 to finance the transaction. Trustee David Cassidy requested a reduction in the principal balance of up to $20,000.00 from one of the town's savings accounts; the minutes record the request but do not record a separate motion or vote on that reduction. The minutes indicate the board approved the resolution unanimously.
