By Tia Lynn Ivey
The City of Madison is set to purchase a $300,000 Fire Truck. After sending out eight invitation bids to local financing agencies, the city settled on BB&T Government Financing through the Georgia Municipal Association, which offered the lowest interest rate at 2.23 percent on a five-year loan. The agency requires an upfront $25,000 down payment. Both the down payment and loan payments will come out of the city’s general fund over the next five years. The Madison Mayor and City Council unanimously approved the purchase at the May 9 regular meeting.
“We got a better deal than we originally anticipated,” said City Manager David Nunn, who noted the original cost of the fire truck was listed at $325,000.
The Madison City Fire Department requested to buy the 2003 Pierce Dash 85’ Aerial Platform Fire Truck because of its three-story-reaching ladder, which will improve firefighters’ capabilities to extinguish fires occurring in taller buildings.
“I want to thank the fire department,” said Nunn. “They are always very patient with budget considerations…they are always cognizant of the fact that the money is not always there. But this is something important for the safety of the city. It’s a big step for us.”