Dec. 16. At their Monday Dec. 17 meeting, Cornelius commissioners are expected to approve the purchase of seven new patrol cars for the Cornelius Police by borrowing $200,000. In addition, one new utility/chiefs car will be purchased for the Cornelius/Lemley Fire Department under the same agreement.

The deal is part of the town’s annual vehicle replacement program, said Town Manager Andrew Grant. They replace vehicles that  have reached the end of their useful life as maintenance and repair costs become “extraordinary.” The new patrol cars are Dodge Chargers.

The funds to purchase the new vehicles will be provided through an agreement with BB&T Bank, at an interest rate of 3.01 percent. BB&T was the lowest of six bidders for the project. The terms of the agreement require that the funds be paid back within three years.

Also at Monday’s meeting, the commissioners are expected to receive the annual comprehensive financial report from Finance Director Julie Niswonger for the fiscal year ending June 30, 2018.

The meeting begins at 7 pm, in Town Hall on Catawba Avenue.