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Board delays decision on financing for new police vehicle amid delivery delays and changing rates
Summary
The village board discussed financing quotes for a new police vehicle but agreed to wait for updated quotes because the delivery is delayed to January–February and interest rates may improve; the item was tabled for later review.
Under old business the board considered financing quotes for a new police vehicle but decided to delay final approval. A trustee said the dealer had notified the village the vehicle’s delivery was delayed to January or February, and suggested checking quotes again closer to delivery because interest rates "are coming down."
Board members agreed to table the purchase for now and revisit financing estimates in December, when updated quotes can be obtained and compared. No motion to purchase was taken at the meeting.
