Selectboard Selectboard Meeting Minutes – April 9, 2018

TOWN OF NEWFANE

SPECIAL SELECTBOARD MEETING MINUTES

MONDAY,  APRIL 9, 2018

BOARD MEMBERS PRESENT: Marion Dowling,  Shelly Huber, Christopher Williams

OTHERS PRESENT: Shannon Meckle, Jay Wilson, Melissa Brown

CALL TO ORDER

The meeting was called to order at 6:00 p.m. by Marion Dowling, Chair.

OPENING OF TRUCK BIDS

 Two bids were received. They were opened and read into the record as follows:

McDevitt Truck Sales: 2019 Mack – $185,138, less $15,000 trade in = $170,138 (Includes extended warranty.)

Patriot Freightliner/Western Star: 2019 Western Star: – 176,404, less $15,000 trade in = $161,404 (Includes extended warranty.)

Bids will be reviewed by the Road Foreman and Road Commissioner. A recommendation will be made at the April 16 Selectboard meeting and bids will be awarded.

TRUCK FINANCING

Melissa explained that the 2018 Ram truck loan was costing the town extra money because of the way the invoicing was working.  It doesn’t seem cost effective to spend 4.75% interest over a period of five years for such a small amount of money and recommended paying it off.  She presented the Capital Fund balance for the Board to review, noting that the money to pay the loan off is available.

After discussion, a motion was made by Shelly Huber to pay off the 2018 Ram 3500, to be paid from the Capital Reserve Fund in order to avoid further interest and penalties. The motion was seconded by Christopher Williams. The motion carried unanimously.

ADJOURN        

A motion was made by  Christopher Williams and seconded by Shelly Huber to adjourn at 6:25 p.m. The motion carried unanimously.

Respectfully Submitted,

Shannon Meckle