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The funding for this purchase will be from 1999 equipment reserves. As part <br />of the 1999 Fire Department budget, $75,000 was included to accomplish our <br />goal of purchasing the new chassis and removing and remounting the <br />existing 3,000 gallon tank. The following is a breakdown of the costs: <br /> <br />· New chassis $62,665 <br />· Remove old tank, paint & remount on new chassis $ 7,000 <br />· Lettering $ 750 <br />· Light bar $ 950 <br />· Radio $ 750 <br /> TOTAL $ 72,115 <br /> <br />The resource for this equipment reserves purchase is from funding through <br />the Elk River Utihties. The truck chassis will be paid for only upon dehvery. <br />There will not be any down payment required for this purchase. The City of <br />Elk River has on file the State of Minnesota sohcitation bid number in <br />reference to this purchase. If any Council member has any questions prior to <br />the Council meeting, please call me at the Fire Department at 441-4919. I <br />will be present at the 10/26 meeting to discuss this truck purchase. <br /> <br /> <br />