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South Hill council approves resolution allowing $300,000 tax-exempt loan for Volunteer Fire Department truck replacement
Summary
Council approved a resolution permitting the South Hill Volunteer Fire Department to pursue a tax-exempt loan of approximately $300,000 to replace Unit Truck 7 after applying trade-in value; motion carried unanimously.
Council considered a request from the South Hill Volunteer Fire Department to replace Fire Unit Truck 7 due to ongoing maintenance issues. After applying a trade‑in allowance, the department estimated roughly $300,000 would be required to complete the replacement and requested authorization to obtain a tax-exempt loan subject to Council approval.
Town Manager Keli Reekes presented the request and Council discussed the Town’s relationship with the Volunteer Fire Department and details of the loan agreement. Vice Mayor Gavin Honeycutt moved and Councilor Delores Luster seconded a resolution permitting the South Hill Volunteer Fire Department to proceed with a $300,000 tax-exempt loan; the motion carried by roll-call vote with all recorded members voting Aye.
The approved resolution authorizes the Department to pursue financing; details such as final loan terms, repayment schedule, and any required formal loan documents will be handled through the loan process and future staff or council actions as required.
