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Board delays purchase of six fire trucks after debate over rates, prepayment penalties
Summary
A proposed master lease with PNC to finance six fire apparatus and a companion purchase failed Oct. 21 after commissioners questioned interest rates, prepayment penalties and timing; the board tabled related procurement items for further review.
A proposal to finance six fire trucks through a master lease with PNC Bank failed Oct. 21 after extended debate over interest rates, prepayment penalties and alternative funding sources.
County presenters said the county had negotiated a financing rate and faced an imminent manufacturer price increase effective Nov. 1 that would add roughly 3% to the purchase price if the board delayed the order. Fire Department leaders and staff said the trucks are needed to maintain fleet readiness under a multi‑year replacement plan.
Commissioners pressed staff on several issues: whether…
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