Clay County accepted a lease agreement with American National Leasing for road maintenance equipment valued at $1.729 million during Monday’s regular meeting of commissioners.
The lease is for six Caterpillar motor graders, a Caterpillar loader and a Caterpillar backhoe. With a guaranteed buybacks after three or five years offered by the leasing agency and high trade-in values on old equipment, the county will finance $879,016 at 3.25 percent interest.
Precinct 1 will replace three motor graders at a cost of $771,000 minus trade-in values totaling $692,000. With a balance owed of $286,399.17 for machines that will be replaced, Precinct 1 will finance $365,399.17.
Precinct 2 will replace two motor graders at a cost of $514,000 minus trade-in values totaling $445,000, and a wheel loader for $97,365. Precinct 1 owes $219,509 for two motor graders that will be replaced, leaving a remaining balance of $287,909. Precinct 2 is advertising for bids for the outright sale or trade-in of its old loader.
Precinct 4 will replace one motor grader with a trade-in value of $224,000. Precinct 4 owes $23,079, and will finance the remaining balance of $56,079. Precinct 4 also purchased a backhoe for $89,664. With a trade-in value of $18,000 on the old backhoe, Precinct 4 will finance $71,664.
Precinct 2 uses John Deere equipment, and is not included in the Caterpillar lease agreement.
Commissioners also approved a request from Sheriff Kenny Lemons to seek bids for three to four patrol vehicles. The vehicles to be replaced were purchased in 2009 and 2010, and include the Clay County Sheriff’s Office K-9 unit. The CCSO has 10 vehicles in its fleet, including nine Chevrolet Tahoes and a half-ton Dodge pickup not used for patrol purposes.
Lemons said the Chevrolet SUVs used by the sheriff’s office cost between $21,000 and $23,000 each and an additional $900 per vehicle is required to transfer radios and other equipment. The county has $63,000 budgeted in the general fund for law enforcement vehicles.
Much of Monday’s meeting was dedicated to discussions concerning County Energy Transportation Reinvestment Zones and requirements for grant funding. The CETRZ grants are designed to assist counties in repairing roads damaged by oilfield traffic.
Commissioners approved a $5,000 proposal from law firm Allison, Bass and Associates to assists in filing the grant request.
Tuesday, county judges and commissioners representing six counties gathered at the Clay County courthouse annex to discuss CETRZ grant regulations.