Spokane7
53°February 2, 2012 in Washington Voices
Board approves purchase of buses for West Valley
The West Valley School Board approved the purchase of six new buses during its meeting Wednesday.
The district received a $700,000 loan through Banner Bank to purchase the buses and will use funds it receives from the state for depreciation of its current fleet to repay that loan.
Depreciation funds can only be used to replace buses.
Two of the buses were purchased through a pre-pay agreement and the other four should arrive at the district soon.
Deputy Superintendent Doug Matson told the board the district will pay off the loan in 10 years.
“We’re keeping our bus …
You have viewed 20 free articles or blogs allowed within a 30-day period. FREE registration is now required for uninterrupted access.
Registration Required
- log in to your Spokesman.com account for unlimited viewing and commenting access.
- Don't have a Spokesman.com account? Create a Spokesman.com profile and register for FREE access.
-
S-R Media, The Spokesman-Review and Spokesman.com are happy to assist you. Contact Customer Service by email or call 800-338-8801
The West Valley School Board approved the purchase of six new buses during its meeting Wednesday.
The district received a $700,000 loan through Banner Bank to purchase the buses and will use funds it receives from the state for depreciation of its current fleet to repay that loan.
Depreciation funds can only be used to replace buses.
Two of the buses were purchased through a pre-pay agreement and the other four should arrive at the district soon.
Deputy Superintendent Doug Matson told the board the district will pay off the loan in 10 years.
“We’re keeping our bus fleet current,” Matson said.
Get stories like this in a free daily email
In brief: Pines Road segment closing for paving work 
Celtic Woman is coming to Spokane
Win big with the NEW Spokane7!
Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.
You must be logged in to post comments. Please log in here or click the comment box below for options.
comments powered by Disqus