Financing for a new ambulance for Clayton were finalized during a special called meeting of the council Tuesday morning. The ambulance is expected to arrive later this month. The council voted in a previous meeting to purchase the ambulance at a cost of $220,822 to be financed at MidSouth Bank. At that time, the Rescue Squad had collateral in the account for the loan to be approved. However, when the time came to acquire the loan, funds were not available in the account to secure the loan. A down payment of $70,000 had already been paid toward the ambulance purchase.