FAIRMONT — Martin County plans to help temporarily fund a new bus for the Prairie Lakes Transit System by paying $48,079 to the Faribault and Martin County Joint Transit Board.
The price of the vehicle would not drain the Transit Board’s finances if it had to purchase the vehicle on its own, but it could potentially lead to a cash flow problem.
Martin County commissioners on Tuesday heard from Prairie Lakes Transit director Jeremy Monahan, who presented a request concerning purchase of the new bus. A 2018 Ford Elkhart vehicle was purchased by the joint Transit Board last year, and is set to be delivered in coming weeks. Once it is received and passes inspection, the board has 30 days to submit payment to the vehicle vendor.
Read the full article at http://www.fairmontsentinel.com/news/local-news/2018/03/21/county-oks-loan-to-transit/
