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