Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Transportation topic
No spam. Unsubscribe anytime.
Board authorizes purchase of replacement bus, approves financing plan
Summary
Board authorized purchase of a replacement 72-passenger bus (up to $225,000) to replace a 2013 Bluebird with 122,642 miles; administrators recommended a $100,000 down payment and financing the remainder at roughly 5.35% interest over up to five years.
The board authorized purchase of a replacement bus for up to $225,000 to replace Bus No. 3, a 2013 Bluebird with approximately 122,642 miles and recurring mechanical issues. Superintendent Jason Alexander presented two vendor options: a Bluebird estimated at about $218,118 (approximately six months delivery) and a Thomas option described as slightly more expensive with roughly a one-year lead time; he recommended placing $100,000 down and financing the remainder with Pinnacle Bank at an indicated rate of about 5.35% for up to five years.
Board members approved the authorization after questions about trade-in value (administration said bus trade-in values are low and a well-kept vehicle might yield roughly $5,000) and the rationale for ordering now because of production lead times. The board's authorization included an upper limit ($225,000) to allow for configuration or option changes during final ordering.
