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Common Council approves $7 million interest-free loan to launch city-run EMS fleet
Summary
The Evansville Common Council approved an interest-free $7,000,000 interfund loan from the casino capital improvement fund to purchase 11 ambulances and related equipment and to start an Evansville Fire Department emergency medical services division, with the administration projecting full repayment in about 2½–3 years.
The Evansville Common Council on June 23 approved Resolution C 20 25-21, authorizing an interest-free loan of $7,000,000 from the casino capital improvement fund to the general fund to purchase ambulances, medical equipment and cover startup needs for a city-run emergency medical services division operated by the Evansville Fire Department.
The council took the action after the administration described the plan as a three-year loan to be repaid from ambulance-service revenues. “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 division,” the fire chief said, adding that the loan will be repaid “within 2 and a half to 3…
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