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Updated: 3:58 PM Aug 29, 2008
Firetruck Financing
Staunton, Va. The Staunton City Council discussed financing options for a new firetruck in the city Thursday night.
Posted: 10:19 PM Aug 28, 2008Reporter: Keith Jones Email Address: kjones@whsv.com |
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The Staunton City Council discussed financing options for a new firetruck in the city Thursday night.
The City Manager ordered the truck last December and made a $100,000 down payment on it from the state fire programs fund, but now, they need to pay for the rest.
City council members have the choice of covering the remaining $357,005 through the Virginia Resources Authority, available state finance programs, or by issuing bank qualified general obligation bonds through a request for proposal process.
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