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Andover approves lease financing for fire engine and accepts KDOT grant for traffic‑signal safety tech
Summary
City council authorized a $1,018,000 lease‑purchase for a new fire engine, adopted an ordinance to permit the lease purchase and approved a KDOT grant to install RSU traffic‑signal units to prioritize emergency vehicles; both actions passed by council votes.
The Andover City Council awarded lease‑purchase financing to Clayton Holdings LLC (a Commerce Bank subsidiary) for a new fire engine and approved related agreements authorizing the financing and escrow. Finance staff reported they received five bids and selected Clayton Holdings’ non‑taxable option at 3.85% for a financing amount of $1,018,000. The city budgeted $125,000 toward the purchase; the truck’s…
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