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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 at the end of the lease. Mitchell said the annual payment remained stable because the interest rate was reduced, offsetting the higher equipment cost.
The fire chief reported the department had executed the contract for the new truck, secured equipment through an Assistance to Firefighters Grant (AFG) for breathing apparatus, and added at least one new recruit. When asked about delivery timing, the chief said the truck could arrive in two to six weeks depending on manufacturer scheduling and shipping.
Council introduced and seconded Resolution 102502 authorizing the mayor to execute the PNC Bank lease. Council roll call during the meeting recorded affirmative votes for listed council members, and the mayor announced the resolution adopted.
Why it matters: the new apparatus is a multi‑hundred‑thousand‑dollar capital investment for the department. The lease spreads the cost over five years with a nominal buyout; staffing and equipment additions were presented as supporting operational readiness.
What’s next: the city will finalize the lease paperwork and take delivery of the truck when available; staff said they will provide updates on equipment arrival and department staffing.
