Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Council votes to pay off Lifepak and stair-chair loan for EMS equipment
Summary
After reviewing lease payments and interest implications, the council unanimously approved paying off the loan covering a Lifepak and stair chair for EMS service, with Councilor Charlene Louk moving the motion and Councilor Sam Maxson seconding.
The Town of Nutter Fort council reviewed outstanding lease payments and voted to pay off the loan for a Lifepak and a stair chair used by EMS. Councilor Charlene Louk moved to pay off the loan and Councilor Sam Maxson seconded; a roll call showed unanimous 'Yes' votes from attending members, and the council approved the payoff.
Council members discussed that the group evaluated all loan aspects to confirm interest savings and the absence of early payoff penalties; they agreed the Lifepak and stair chair loan was the most beneficial to retire at this time and will reassess other loan payoffs later in October or November 2025.
