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Council approves $1.683 million bond award for fire equipment
Summary
Pleasant Hill approved Resolution #081126-03 to award General Obligation Corporate Purpose Bonds, Series 2026 (about $1.6M) to finance fire department vehicles and equipment; BOK Financial Securities was the low bidder at $1,683,177.75.
The Pleasant Hill City Council on Aug. 11 authorized awarding the General Obligation Corporate Purpose Bonds, Series 2026, to fund vehicles and equipment for the municipal fire department. City Manager Ben Champ said the bond sale had been planned in the current fiscal budget; financial advisor Jennifer Smith reported six bids were received and BOK Financial Securities was the low bidder at a price of $1,683,177.75.
Council approved Resolution #081126-03 by roll call 4-0. Champ said proceeds will pay costs of acquiring vehicles and equipment for the fire department; the transcript does not include details on the bond term, interest rate, or repayment schedule.
