Henry County commissioners voted 6-0 to obtain financing via an equipment lease purchase, not to exceed $4,150,000, for the purchase of seventy-seven (77) public safety vehicles. The commissioners unanimously approved the vehicle bids in the preceding agenda item.
The funds will require three annual payments through September 1, 2022. The interest rate equals 1.57%. Henry County staff clarified that this was not a bond sale at market, but rather a loan agreement to secure financing for the vehicles.
New vehicles for HCFD, HCPD, and HCSO
The vehicle purchase includes three (3) 2020 Chevrolet Tahoe 4WD Special Support Vehicles for the administration staff and four (4) Tahoe’s for the battalion command staff within the Henry County Fire Department. The purchase also includes a second order for seventy (70) 2020 Ford Explorer Pursuit Utility Vehicles. The seventy vehicles will be distributed ten vehicles to the police department’s criminal investigation division, forty vehicles for the uniform patrol division, and twenty vehicles to the sheriff’s office.
The commissioners awarded the bid for the fire department vehicles to Hardy Chevrolet Buick GMC Inc. of Dallas, GA in the amount of $252,575.00. The bid for police and sheriff department vehicles was awarded to Ward Ford Inc. of Smyrna, GA in the amount of $2,308,740.00.