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Peoria council approves plan to buy two fire apparatus in 2028 for up to $2.4 million
Summary
Council approved a proposal from Pierce Manufacturing (McQueen Equipment) to purchase two fire apparatus in 2028 for an amount not to exceed $2,400,000. Councilors discussed prepayment discounts and decided not to prepay, planning to budget the purchase in the 2028 CIP process.
The Peoria City Council approved a plan to purchase two fire apparatus from Pierce Manufacturing through McQueen Equipment in 2028 for an amount not to exceed $2,400,000.
Council discussion centered on whether to prepay the purchase to capture a 7.5 percent discount. Council Member Cyr asked about the prepayment option and cash-management implications; staff said the city will not…
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