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Council OKs $7 million interest-free loan to start city-run ambulance service
Summary
The Evansville Common Council adopted Resolution C 20 25-21 authorizing a $7,000,000 interest-free loan from the casino capital improvement fund to the fire department to start a city-operated EMS ambulance program; city officials said revenues from ambulance billing will repay the loan within about 2½–3 years.
Evansville Common Council on Monday approved an interest-free $7 million loan from the casino capital improvement fund to the Fire Department to launch a city-operated ambulance service.
The loan, passed as Resolution C 20 25-21, will fund the initial purchase and outfitting of ambulances, medical equipment and station modifications and is expected to be repaid from ambulance service revenues within about 2½ to 3 years, officials said.
The council’s vote follows presentations from Robert Gunter of the controller’s office and Fire Chief Tony Knight, who detailed the plan and projected costs. “We are asking for the transfer of $7,000,000 from the casino capital improvement fund over to the fire department for the start up of the Evansville Fire Department EMS…
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