But magistrates on the Trigg County Fiscal Court were on the fence about the lease when the issue was discussed at their Monday evening meeting. And after a motion by Magistrate Rick Nelson and a second by Magistrate Jon Goodwin, the Fiscal Court tabled it until their next meeting at 6 p.m. on Monday, Oct. 7.
Trigg County Judge Executive Hollis Alexander said the five-year lease-purchase agreement is with Magnolia Leasing, and that the ultimate cost of the two vehicles would be $67,605, but the total cost without a lease agreement would be $64,015.
“At the end of that lease-purchase, we buy the vehicles for $1,” said Alexander.
As of the 2013/2014 fiscal year budget, the Trigg County Sheriff’s Office gets $15,000 per year for new vehicles. Alexander said that’s where the $13,521 would come from.
For the rest of this story, see this week's issue of The Cadiz Record or subscribe to our e-Edition by calling 270-522-6605.