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City plans to borrow $4.6 million for new equipment


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Updated: 11/15/2011 11:24 pm Published: 11/15/2011 11:16 pm
LITTLE ROCK, AR – The Little Rock Board of Directors agreed Tuesday night to borrow $4.6 million to purchase new fire trucks, snow plows, and garbage trucks.

The ordinance was pushed through so the city could buy fire trucks before their price increased by 3% in January, saving the city $48,000.

Before the vote, there presentations made supporting the move.

“We cross our fingers every morning to make sure we have enough trucks to get out the gate,” said Ronnie Lowe, Little Rock Public Works Assistant Director.

Chief Gregory Summers of the Little Rock Fire Department says he doesn’t allow any firemen to raise the ladder of a 35-year-old truck in his aging fleet. Summers expressed the need to borrow the money before the new sales tax revenue comes in this March.

The $4.6 million will be used to fill what Little Rock City Manager Bruce Moore calls “urgent needs.” Moore said there were items that the city still needs.

The top priority for the police department is a new radio system, which comes with a multi-million dollar price tag. The city plans to use tax money in 2012 to buy the system, which the police department says will help them with faster response times.
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The views expressed here do not necessarily represent those of FOX16 - Breaking News and Weather to Plan Your Day for Little Rock and Central Arkansas

Tired - 11/17/2011 7:34 AM
1 Vote
nope no vaseline...their just American sheep...err i mean citizens

beachbum2 - 11/16/2011 11:04 AM
2 Votes
So, they are going to pay 6% interest to save 3% on the purchase price, Redline-sounds to me like Stodola and Moore have a friend in the banking business, and Yes-there was a tax increase for this very thing. Only one question, do these guys use vasoline on the citizens up there when they stick it to everyone.

Tired - 11/16/2011 7:22 AM
3 Votes
Shush redline they don't want anybody to know...you people raising your voices and trying to be heard again...where do you think you live?...you act like you live in America or some such place don't you know it doesn't exist anymore

redline1984 - 11/15/2011 11:39 PM
3 Votes
UHHHH Didn't we just pass a tax for this? Also, are you really saving money if you have to pay interest on a loan????
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