FLINT TWP. — Carman-Ainsworth is purchasing three new school buses for $282,753.
The 72-passenger buses were purchased from Holland Bus Company on an installment contract with PNC Equipment Finance.
The terms of the installment purchase contract are for an interest rate of 2.09 percent for five years.
C-A school buses are used to transport about 3,000 students daily over 560,000 miles each year.
Buses are routinely inspected by the state and given a grade of red, yellow or pass.
The pass tag indicates the bus is safe to operate. A yellow tag indicates unsatisfactory conditions that must be repaired in 60 days though the bus is safe to operate.
Red tags buses indicate that unsafe conditions were found that must be repaired before the bus can return to transporting passengers.
Michigan School Bus Inspection Results For School Year 2013 (Sept. 1 – Aug. 31) showed that 48 C-A buses received a pass tag, five were tagged red and none were tagged yellow. Buses that cannot be repaired must be replaced.