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Aransas Pass council favors buying fire vehicles and bunker gear with CO interest; budget amendment to follow
Summary
Council reviewed $850,716 in interest from a $16 million certificate of obligation and, after debate, agreed to prioritize purchase of a new engine, brush truck and bunker gear over immediate street paving; staff will issue a purchase order and bring a budget amendment to the next meeting.
Mary, a city staff member, told the council that the Certificates of Obligation (approved Feb. 12, 2024, in the amount of $16 million) had produced accrued interest of $850,716 as of March 31. She presented two options for using accrued interest and bond proceeds: pay for several street-paving projects (estimated about $790,000 for four streets) or purchase fire-department equipment and personal protective equipment.
Mary said quotes obtained that day put a new fire engine at $960,000 and a brush truck at $265,000; the fire department requested two sets of bunker gear for personnel, cited in the…
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