The Golden Fire Department has gotten approval to replace their light duty fire pick-up truck, a purchase that has been delayed for the past two years.
The option he presented before council was the cheapest one available – a pick-up from Kicking Horse Ford for a total cost of $50,000 including taxes.
“It is time to get a new vehicle, and we have postponed this for the past two years,” said McClure. The department has adjusted their requirements for a duty truck to allow for this purchase, because they are in dire need of a new vehicle.
The decision was made to lease the vehicle, because the interest rates are low enough that it makes it easier on the municipality, according to Chief Financial Officer Lisa Vass.
“Under the short term borrowing, I have the flexibility to pay the truck down the day after we take the loan out if I choose to. So that’s why I’ve suggested to do it this way,” said Vass. “It has to be paid off within five years, but if we come into some cash that we can use, we can pay this off next year.”
Council voted unanimously to make the purchase.