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Board approves up to $230,000 note to buy police vehicles
Summary
The board adopted a resolution to issue a capital outlay note through the TML bond fund not to exceed $230,000 to purchase police vehicles.
The board voted to adopt a resolution authorizing a capital outlay note through the TML bond fund for the purchase of police vehicles, with the amount not to exceed $230,000.
"This resolution is to approve the issuances, TML bond fund for police vehicles not to exceed 230,000," Speaker 1 said. Speaker 5 moved to adopt the resolution and it was seconded; the motion was approved by voice vote with all ayes. The resolution authorizes staff to proceed with financing under the fund terms and to finalize purchase arrangements within the approved limit.
No further details on vehicle models, financing terms, or repayment schedules were provided at the meeting; the resolution set the not-to-exceed limit and left implementation details to staff work under the fund's procedures.
