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Moira approves $119,641 purchase of Hyundai wheel loader with trade-in
Summary
The Town Board authorized purchase of a Hyundai HL940A wheel loader under a Sourcewell contract, approving a $172,641 contract price with a $53,000 trade-in for a net capital expenditure of $119,641 and authorizing the Supervisor to execute the contract.
The Town Board authorized purchase of a Hyundai HL940A wheel loader under the Sourcewell contract at the New York State contract price of $172,641.00. The Board approved applying a trade‑in value of $53,000 for the town’s 2010 John Deere 624K, yielding an authorized capital expenditure of $119,641.00; the Supervisor was authorized to execute the contract and related documents.
The motion was adopted on a roll-call vote (Trimm, Snyder, Deuyour, Robinson, Niles — Ayes 5). The purchase is to be financed using the Sourcewell contract offered through Bank Capital Services LLC dba F.N.B. Equipment Finance per the minutes. Board members recorded the transaction details in the meeting record.
