Village of Falconer Minutes Regular Board of Trustee Meeting 2026-05-11
Falconer Approves Cat 420 Backhoe Purchase
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Description
The Village of Falconer approved a $146,869.06 sales agreement with Southworth-Milton, Inc. to purchase a new Cat 420 backhoe. The purchase will be financed over five annual payments, with the first payment covered by trading in the 2009 backhoe.
Contract Details
Contract Amount
$146,869.06
Vendor
SOUTHWORTH-MILTON INC
Agency
Village of Falconer, NY
Contract Type
EQUIPMENT
Document Date
May 11, 2026
Contract Term
Five annual payments (first covered by trade-in, plus 4 additional annual payments of $30,131.12)
Renewal Info
Financing structure includes one initial payment funded by trade-in and four subsequent annual payments of $30,131.12 through Caterpillar Financial Services Corporation.
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Village of Falconer Minutes Regular Board of Trustee Meeting 2026-05-11
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Village of Falconer Minutes Regular Board of Trustee Meeting 2026-05-11
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