SILVERHILL, Alabama — The Silverhill Town Council took a pair of actions at its meeting Monday, Nov. 2 to purchase a fire truck for the town’s fire department.
First, the council voted to approve a lease-purchase agreement with Government Capital Corporation out of Texas to purchase the truck at a total cost of $288,983.75 in five annual installments of $57,796.75.
The council also voted to approve a repayment agreement with the town’s fire department.
While the purchase is being made through fire department funds, as an entity of the town, the purchase must be made through the town.
Originally, a straight loan agreement was drawn up with the town, but concerns were expressed that if for some reason the full purchase price was demanded under the terms of the contract, it would exceed the town’s debt ceiling limit.
Under the lease-purchase agreement, if the town decided it was unable to make the annual payment, then the vehicle would simply revert to its original owner without demand of additional payment.
In other business Monday, Mayor Jared Lyles and town council members Tonie L. Norden, Place 1; Bert W. Jones, Place 2; Gerald J. Ardoin, Place 3; Wayne A. Gruenloh, Place 4; and J. Stephen Brooks, Place 5; were sworn in by Judge Harry D’Olive.
Lyles and all council members qualified unopposed in August, leaving no need for municipal elections in 2020.
Brooks was re-appointed as mayor pro tem, while Ken Raines was re-appointed Silverhill Municipal Judge; Michael A. Dasinger III was re-appointed as the town prosecutor; Joshua P. Myrick was re-appointed as Silverhill’s town attorney; Joshua Rice was re-appointed as fire chief; Nicole C. Haigler was re-appointed as town clerk; and Mary deLaunay was appointed as the town’s representative to the Central Baldwin Chamber.
The council also approved Resolution 597-11-02-2020 amending Resolution 536-11-07-2016 for bank depositories.
