SCHENECTADY – The City Council’s Public Safety Committee began the months-long process of lease-purchasing three new rigs for the Fire Department – a 100-foot aerial platform fire truck and two custom pumper trucks worth more than $2.6 million combined.
Procuring the trio of vehicles this way, Finance Commissioner Anthony Ferrari told the committee Monday night, will yield the city a $108,759 pre-purchase discount, along with a favorable 2.2% interest rate.
Rosenbauer America, the world’s largest fire truck apparatus and emergency response vehicle manufacturer, will build the trucks in a process that can take up to 14 months before they hit Schenectady streets, Fire Chief Ray Senecal told the committee.
The equipment is being acquired on a bid with Sourcewell, a purchasing consortium that’s endorsed and used by the state and municipalities across the country.
The pricing of the equipment was evaluated and awarded under the Sourcewell contract.
The Fire Department has had a more than 30-year “excellent relationship” with a fire apparatus dealership, Garrison Fire & Rescue Corp., through which it purchases and replaces fire apparatus every five years, Senecal said.
This is a cost-effective alternative to outright purchasing the trucks, because the deal includes maintenance of the oft-used rigs, officials said.
Ferrari said the city received quotes from three different companies.
The financing is through KS State Bank of Kansas.
Although the city won’t receive the trucks for more than a year, the city needs to conduct the lease purchase now so the trucks can be manufactured. The city won’t start paying until 2023, Ferrari said.