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Council authorizes lease‑purchase to reserve new ladder truck; payments to begin before delivery
Summary
Crestview approved a lease‑purchase agreement to secure a new ladder fire truck from Pierce, with seven annual payments of about $357,000; build lead time is roughly 3.5 years and payments are scheduled to begin in 2026 to reserve a build slot.
The Crestview City Council authorized a lease‑purchase agreement to reserve and fund a new ladder fire truck, approving the financing option recommended by city finance staff.
Fire department presenters told the council that aerial apparatus build times are currently about three and a half years, so the city must secure a build slot now to remain on its replacement schedule. Staff recommended option two from PNC Equipment Finance,…
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