LaCROFT — Liverpool Township trustees agreed Monday night to acquire a new pumper truck for each one of its volunteer fire departments.
Trustees accepted a 15-year lease-purchase agreement from Freedom Financial of Yorktown, Va. for $684,360 to purchase two Freightliner Pierce pumpers from Atlantic Emergency Solutions, whose representative explained that a standard fire truck can cost up to $1 million depending on the options.
The financing locks the township into a 3.19 percent interest rate and annual payments of $58,117.20.
Trustee Mike Bahen, who is a longtime former fire chief, said that other financing companies were offering 3.64 percent rates for financing.
The new trucks will help to keep the township’s Insurance Services Office (ISO) at a lower class. The ISO creates ratings for fire departments and their surrounding communities. Class 1 represents the best public protection, while Class 10 indicates less than the minimum recognized protection, according to Firehouse magazine.
Items like water supply systems, communication systems, training and equipment can influence the ISO rating, and ultimately property insurance rates.
Township officials haven’t decided what to do with their old trucks yet.
Trustees also agreed to pay for the indigent burial expense for David and Vickie Gamble (for a total of $1,500) and apply for possible reimbursement for the township.
In other action, the board agreed to decommission a 2013 police cruiser, which will be transferred to trustees for use by their newly appointed community service worker supervisor and to replace a radio unit for another cruiser (at an estimated cost of up to $800 if not under warranty).
The next township trustees’ meeting is 6:30 p.m. June 28 at the township administration building.