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Wausau finance committee approves contingent sale of Ladder Truck 2 and contingent sole-source purchase of demo replacement
Summary
The committee approved the sale of Fire Department Ladder Truck 2 and a contingent purchase of a demo replacement; the sale is for $1.1 million with a 5% broker fee, and the demo replacement price is approximately $1,288,022, with the city planning to use GEMT (Medicaid) reimbursement funds to cover the gap.
The Wausau Finance Committee on June 24 approved two linked actions: (1) to sell Fire Department Ladder Truck 2 and (2) to purchase a demo replacement ladder truck, with both actions contingent on the sale closing.
Fire Chief Jeremy Kopp told the committee the city expected to close the sale in Osceola, Wisconsin, and that the buyer had required certain repairs and final…
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