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Council approves five‑year lease‑purchase for new fire truck; chief reports staffing, equipment gains
Summary
The council adopted a resolution authorizing the mayor to sign a five‑year lease with PNC Bank to finance a new fire truck. The vehicle price was reported at $810,633; annual payment is $174,066.85 with a $1 buyout at lease end. Fire officials said delivery is expected in two to six weeks and reported recent hires and equipment grants.
The Columbiana City Council adopted a resolution authorizing Mayor David Mitchell to sign a five‑year lease‑purchase agreement with PNC Bank to finance a new fire truck for the Columbiana Fire Department.
Mitchell summarized the financing: the truck’s purchase price after modifications is $810,633; the five‑year lease carries an annual payment of $174,066.85 and includes a $1 purchase option…
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