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Council weighs financing options for $1.03 million fire truck and $500,000 street sweeper
Summary
Council members and staff discussed options to fund a proposed $1,034,000 fire truck (five-year financing with a year of no payments) and a roughly $500,000 street sweeper, including lease and reserve-funded approaches and the timing implications of long lead times.
Victor, a city staff member, told the Imperial City Council that two large vehicle purchases — a fire truck priced at roughly $1,034,000 and a street sweeper estimated around $500,000 — were not included in the baseline operating budget and would be addressed separately in the capital improvements plan.
"The fire truck is $1,034,000 over five years," Victor said, adding that the proposal included…
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