Fire Truck Financing Reimbursement

At a glance

  • What: reimbursement resolutions for fire trucks paid for before lease-purchase financing closed.
  • Where it stands: Both resolutions approved October 20; financing over up to five years, debt payments budgeted in the capital reserve fund in FY27.
  • Next: Closing of the lease-purchase financing.

Details

  • First truck: ordered under a July 2023 resolution, 1,048,040 dollars.
  • Second truck: ordered under a September 2023 resolution, 1,894,468 dollars.
  • Staff cited long delivery lead times as the reason financing came after payment.
  • Related: Fleet and Equipment Purchasing.

Sources

Log

2026-10-20 - City Council

  • Items 1 and 2 approved (motions carried) with no discussion.