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Council approves excavator and skid-steer purchases and a $338,410.21 financing package
Summary
Council authorized purchases of a mini excavator ($74,345.00) and a compact track loader/skid steer ($76,926.11) and approved Resolution No. 777-24 to enter a financing agreement for public works and police equipment totaling $338,410.21.
The city authorized two heavy-equipment purchases and approved a financing resolution to cover public works and police equipment needs.
Mayor Pro-Tem Bernie Gessner moved to purchase a mini excavator from Doggett for $74,345.00, and to purchase a compact track loader (skid steer) from Bobcat for $76,926.11; both motions were seconded by Councilmember Josh Fultz and carried unanimously. Separately, Councilmember Kenny Stevens moved to approve Resolution No. 777-24 allowing the City to enter a financing agreement with Government Capital Corporation for procuring public works and police equipment in the amount of $338,410.21; the motion was seconded by Mayor Pro-Tem Bernie Gessner and carried with each councilmember voting AYE.
The minutes record the purchase amounts and the financing total but do not provide a breakdown tying specific purchases to financing line items or indicate the repayment schedule. Staff is authorized to sign documents associated with the purchases; execution of the financing agreement will follow council authorization.
