Notes from Today's RAC Meeting : 11/5/12

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The notes, shown below, may help answer some questions related to road equipment:
The figures, shown below, were presented to the committee and the landowners present at today's meeting. Figures are based on the vendor's estimates. However so far everything purchased has been more expensive than their estimates.
       Loader/plow- $275,154.00 -$68,000.00 down                                 48 months @ 0% interest                                  Payments $4315.71 per month                                 3 year extended warranty.                    Cost of Supplies  -                                  Winter Supplies-$11,200                                 Sales tax/reg.-  $10,713 (estimated)                                  Insurance-         $ 6,900 (estimated)                                 Chains-             $12,144                                 ** PM contract-  $11,304                                                                   ** PM (preventative maintenance contract will likely be postponed)
     Grader and Wing- $217,900.00 - $20,000. down,                                  36 months @ 3.9% interest                                 Payments $5,726.25 per month                                No warranty bought used-as is.                Cost of Supplies -                                PM contract:       $13,640                                Chains:               $10,992                                 Winter supplies:  $11,346                               Insurance:            $  3,576                                Sales Tax/Reg     $10,713