FC230425/8.3 - Council Vehicles
This was a decision taken on 23/04/2025 by Full Council.
Status: Completed
Vote Type: Standard
Proposer: Cllr Alison Davies
Seconder: Cllr Morag Bailey
Decision:
The Town Clerk summarised the report and noted that the current tractor was past end of life and had health and safety issues. The paper set out options on financing for a new tractor which included finance agreement over 5 years or a loan over 3 years. The RFO had recommended the purchasing of a replacement tractor using the loan facility kindly indicated to the Council by the Burgess Lands Trust. Cllr Alison Davies proposed instead that the Council explore the finance leasing offered by John Deere Finance.
RESOLVED
To authorise officers to enter into a 5 year loan with John Deere Finance based on a 7.40% interest rate with a £3,000
deposit. The sale of the existing tractor to cover the cost of the deposit, along with some monthly repayments.
Accompanying Documents: