ean GOUNC , OCT 10 1978 Mayor and Council October Gth, 1978 : L.D. Pollock City Administrator Res Purchase of New Fire Equipment During Budget discussions this year, the Fire Chief presented in his Budget proposals details of some equipment purchases. The main items were. the purchase of an aerial platform fire truck and an additional pumper. During Budget discussions, these items were deferred to be taken care of by borrowing rather than inclusdion in the Annual Budget and the acquisition ยง- was to be subsequently dealt with by the Fire Committee and the Finance Commit tee. : The Fire Committee has endorsed the purchase of the aerial platform for this year, subject to the necessary financing being obtained. The subject of financing was subsequently taken up with the Finance Committee which reviewed proposals from the Treasurer involving a Five Year Lease or, alternatively, outright purchase by way of Short Term Capital Borrowing. Prior to giving the matter final consideration and making a recommendation the Committee had asked that the Fire Chief provide more information in support of the purchase as the estimated cost of the aerial platform unit alone is approximately $180,000. The Committee has not yet had an opportunity to review any additional information on the purchase to. date and has therefore not made any recommendations. : . I understand that there is some urgency in concluding this matter and I have been asked to include the item on the Agenda for general discussion of Council. I expect that the Fire Chief and the Fire Committee will provide additional information in support of the purchase at that time. a L.D. Pollock Norz: See report Leow Fite Chiel attached Ciry CLERK