A public meeting was held by Friedens Fire Company concerning its purchase of a new truck. The new truck is needed because the old one no longer meets the qualifications to be rated first class. The meeting was required on the loan application.
Fire chief Joe Merkel said Friedens members met representatives of Toyne Fire Apparatus at a fire equipment expo in Harrisburg. The truck is built on a Spartan Chassis. It is coming from Iowa.
The total cost for the truck will be $325,800. Laurel Mountain Leasing and Financing, another expo contact, will finance $137,800 and the Pennsylvania Emergency Management Agency is providing $150,000 by means of a 2-percent loan. Washington Township gave the company $36,200 which was its share of a vehicle fund plus the contribution for 2011 which is usually provided at the end of the year.
Laurel Mountain will close out the loan and replace it with another one if better terms can be found. Its main business is financing fire and other emergency equipment.
The truck is a demonstrator. If purchased new it would cost $40,000 in addition to the $325,800.
Instead of monthly payments Friedens will make annual payments of $20,091 so the money can remain in the fire company account and collect interest throughout the year.