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Town reports $4.529 million GADA loan approval for heavy equipment
Summary
Town Manager Suzanne Harvey reported Huachuca City was approved for a $4,529,000 low-interest long-term loan through the Greater Arizona Development Authority to buy heavy equipment for landfill and public works.
Town Manager Suzanne Harvey updated the Council that the town was approved for $4,529,000 in a low-interest long-term loan from the Greater Arizona Development Authority (GADA). The funds are intended for the acquisition of heavy equipment needed for landfill and public works operations.
Harvey said the funding will allow the town to purchase badly needed equipment and better budget for purchase and maintenance costs. Council discussed the funding and its implications for operations and budgeting; the minutes record this item as an informational update rather than a separate vote.
The minutes do not provide procurement timelines, repayment schedule details, or departmental line-item allocations for the loan; those details were not recorded in this meeting.
