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Council approves build–operate–transfer deal for Fire Station 13, authorizes up to $9.5 million

2575667 · March 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Lebanon City Council adopted Resolution 2025-05 to award a public-private build–operate–transfer (BOT) agreement to GM Development Companies and partners for a new Fire Station 13, authorizing project costs not to exceed $9.5 million and directing the mayor to finalize transaction documents following bank financing.

The Lebanon City Council approved Resolution 2025-05 to award a public-private build–operate–transfer agreement to GM Development Companies, RQAW and Core Construction to design, build, operate and transfer a new Fire Station 13, with a project authorization not to exceed $9,500,000.

Kevin (staff member) introduced the recommendation and noted the project team was selected following the city’s RFP/RFQ process. Rob read the resolution, which references the city’s prior BOT authorization and states the city will enter an installment purchase agreement and…

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