City Commission accepts aerial fire truck bids

By Julie Clements
Butler County Times Gazette – April 27, 2015

The El Dorado City Commission accepted a bid for the new aerial fire truck during their meeting Monday evening.
City Clerk Tabitha Sharp said a bid was accepted from Pierce for the fire truck, totaling $1,151,551.93.
She said the commission had requested information on a bid lease and bond financing for the purchase.
The city received four bids for the lease agreement, with Intrust Bank being the lowest and best, Sharp said.
Intrust offered a monthly payment of $10,738.69, with $500 in other charges and a financing cost of $137,090.87 at 1.991 percent APR, or 1.9576 percent lease rate, for a total of $1,288,642.80.
Mayor Vince Haines asked what the process was before the department took possession of the vehicle and if there would be any training.
“There will be a training process that will be part of the acquisition of the equipment,” said Fire Chief Steve Moody. “We’ll take two site visits to make sure it starts out right and finishes right.”
The commission approved the staff recommendation and a resolution will be brought back to them at the next meeting before the money is transferred.

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