City of Fisher in default on lease

Friday, January 14, 2011

Fisher, Ark., has a mess to sort out. As of Monday, the city of Fisher is in default on a lease with First Government Lease Company out of Illinois.

In September of 2010, the mayor, Homer Anschultz, and the now ex-chief of police, David Threlkeld, signed a lease-purchase agreement with FGLC on behalf of the city of Fisher. The lease was for a new squad car and narcotics dog for the police.

Paul Grave, president of FGLC, said the amount of money leased amounted to $5,950 for the dog and $6,089.72 for the car, a 2004 Dodge Intrepid. The lease was signed by the mayor and police chief on Sept. 1, 2010, and attested by Alderman Josh Barker.

Monthly payments of $214.37 were supposed to be made to FGLC on Oct. 1, Nov. 1 and Dec. 1. An FGLC invoice dated Dec. 14 shows that no payments were made on these dates from the city of Fisher.

Graver said he intended, "to repo the vehicle, leaving the town without a squad car and to repo the narcotics dog. I then intend on suing the town."

Graver went on to say he has been in contact with David Threlkeld, who has since resigned his position as police chief. Graver said that Threlkeld, "says he plans on making good on the debt. But it doesn't make sense to me why an ex-police chief is taking personal liability, because the town is liable."

Graver also said he had made several calls to both city hall and the mayor's home over the weekend and they had "not returned a single phone call."

Graver did speak to Alderman Josh Parker, who told him he will look into the situation and take care of it.

Graver planned to repossess the car and dog Wednesday, Jan. 12, if he had not received any money before then. As of Monday, Graver had not received the money.

Neither the mayor nor city hall could be reached for comment. The message on city hall's answering machine says officials will be "working part-time for the next couple of months."

According to their website, FGLC has been around since 1992 and "helps municipal entities help themselves by providing One-Page Lease to Own Financing so that they may afford much-needed used or new equipment."

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