A new, powerful Citizen Portal experience is ready. Switch now

Mason County approves $1.07 million compactor purchase, to be financed over five years

March 12, 2024 | Mason County, Kentucky


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Mason County approves $1.07 million compactor purchase, to be financed over five years
Mason County Fiscal Court voted to approve the purchase and financing of a specialized landfill compactor after landfill staff and the landfill committee briefed the court on equipment failure and regulatory requirements.

Landfill Director Travis Cooley told commissioners that Phase 6 operations and state rules require having two operational compactors; one machine failed and rebuilding the old unit could cost as much as $165,000 while its hours placed it near the end of its life cycle. Cooley and the committee recommended buying a new compactor on the state contract. County staff reported the financed amount on the state price contract is approximately $1,067,757, with a fixed-rate amortization example producing a monthly payment near $20,006.92 over five years (county staff noted interest rates and potential future refinancing as monitoring items).

Commissioners discussed warranty, service arrangements, possible lower-cost alternatives and recommended that the interlocal/landfill committee handle detailed oversight. A motion to authorize the purchase on the state contract and to finance the equipment through the Kentucky Association of Counties leasing trust carried on a roll-call vote; the judge executive and treasurer were authorized to execute financing documents.

Don't Miss a Word: See the Full Meeting!

Go beyond summaries. Unlock every video, transcript, and key insight with a Founder Membership.

Get instant access to full meeting videos
Search and clip any phrase from complete transcripts
Receive AI-powered summaries & custom alerts
Enjoy lifetime, unrestricted access to government data
Access Full Meeting

30-day money-back guarantee