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Huachuca City reports $4.529 million GADA loan to buy heavy equipment for public works
Summary
Town Manager Suzanne Harvey told the council the town was approved for a $4,529,000 low-interest long-term loan from the Greater Arizona Development Authority to purchase heavy equipment for landfill and public works; council discussed budgeting for purchase and maintenance.
Town Manager Suzanne Harvey told the Huachuca City Council that the Greater Arizona Development Authority approved a $4,529,000.00 low-interest long-term loan for the town to acquire heavy equipment needed for landfill and public works operations. "We will be able to purchase equipment that is badly needed for the Town and budget better for the purchase and maintenance of them," Harvey said.
Council discussion focused on using the loan to acquire and budget for equipment and maintenance. The minutes record the funding amount and the council's approval to proceed; the item was opened for discussion by Johann Wallace and proceeded without recorded opposition.
The minutes do not list loan terms (interest rate, repayment schedule) or a procurement timeline; staff follow-up is implied for budgeting and equipment selection.
