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In a special meeting Monday, November 23, called by Mayor Jim Crenshaw, the Lathrop Board of Aldermen approved funding for the purchase of a 2008 1-ton F350 Ford Truck with a snow blade. Funding for the purchase will come from two escrow accounts and equity from the Park’s Concession Stand certificate, and paid for by check in the total amount, after trade of the “old green city truck.”
The trade in of the city truck paid for the extended warranty.
Cory Strider, Goppert Financial Bank, confirmed the bank releasing equity on the outstanding concession stand CD. The total amount of escrow and CD funds available to the city is $60,541 from which the check for the new truck will be drawn.