Special Board Meeting Minutes
Wednesday, June 7, 2023
A SPECIAL MEETING for the Town of Springfield was called to order by Dean Fayerweather at 6:24 p.m. PRESENT: Chairman Dean Fayerweather, Supervisors: Jim Mahoney & Barry Ketchum, Clerk/Treasurer Sheri Erickson and Bob Irwin.
Road Damage Ordinance:
Sample road damage ordinances were presented. Different options were discussed and Dean will work on drawing up the changes for the ordinance before the next regular board meeting.
Plow Truck Update:
Dean discussed the trip to Universal Truck Equipment and what options were selected for the plow package. The expected completion date of the plow package is December. The cab/chassis expected availability is mid-June from IState Truck. There was a discussion about getting the lettering done on the cab doors before delivering it to Universal and Jim and Dean will check on some possible companies.
Financing for Plow Truck:
Sheri presented some financing options available for the plow truck including a 5 year lease option and loans from Citizens State Bank of different principal amount and loan years.
A motion was made by Barry to go with option 3 of financing options for the plow truck which is a loan from Citizens State Bank for $175,000 for 4 years at 5.16% with annual payments and using existing funds on-hand to cover the remaining price of the truck. Motion was seconded by Jim. Motion carried.
Meeting adjourned by Chair Dean Fayerweather at 7:18 pm.