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East Bethel considers lease-to-own for two replacement fire engines as manufacturer deadline nears
Summary
The fire chief presented options to replace two aging engines priced about $850,000–$900,000 each; council discussed a lease-to-own plan (10-year option estimated at $237,582.63 per year), available reserves, and a manufacturer/engine-frame deadline that requires an intent by about April 10 to secure current pricing and lead times.
East Bethel — The council reviewed options on March 23 to replace two aging fire engines and to finance the purchases on a multi-year lease-to-own plan tied to a manufacturer deadline.
Staff presented pricing in the $850,000–$900,000 range per apparatus and a set of financing options including 5-, 7-, 10- and 15-year plans. The 10-year option was highlighted by staff as a balance between annual payment pressure and planning for a 20-year replacement…
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