The Dorrance Township Board of Supervisors approved the financing for the purchase of a 2014 diesel truck for the road department at a brief special meeting on March 24, 2014.
By a unanimous 3-0 vote, the board approved financing for the purchase of a 2014 Dodge Ram 5500 4x4 diesel at a cost of $55,293.00 from Susquehanna Chrysler Dodge Jeep Ram, Wrightsville.
The board will finance $40,000 of the $55,294.00 purchase price from Franklin Security Bank, Wilkes-Barre, at an interest rate of 2.42 percent over a five-year period. Payments will be made quarterly in the amount of $2,129.48.
The more than $15,000 balance will come from the township’s liquid fuels fund, according to board chairman Gary Zane.