Politics & Government

$9.6 Million Purchase Closed For St. Louis FD Radio And Safety Equipment

Financing was arranged under the city's existing master tax-exempt lease/purchase agreement with U.S. Bancorp.

September 1, 2020

Today, Comptroller Darlene Green announced the close of a purchase agreement for $9.6 million to provide new self-contained breathing apparatus (SCBA) and radio equipment to the St. Louis Fire Department.

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Financing was arranged under the city’s existing (2017) master tax-exempt lease/purchase agreement with U.S. Bancorp.

β€œUsing this existing lease/purchase agreement allowed the city to attain a very low cost-of-borrowing of 1.3 percent on the purchase,” said Comptroller Green. β€œThe new radio and safety equipment will support our first responders as they continue providing the highest-quality emergency services to our community.”

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β€œThis new life-saving equipment will bolster the confidence and drastically improve the safety for all our members during our operations," said Fire Chief and Commissioner Dennis Jenkerson. "We are thankful for the unwavering support from our city leaders, providing the essential equipment for front line public safety members.”

β€œI am gratified that we were able to provide the St. Louis Fire Department with additional tools they need while protecting taxpayer dollars,” said Comptroller Green

The $9.6 million for new SCBA and radio equipment is in addition to recent voter-approved bond issues that funded fire department vehicle replacements and fire station renovations.




This press release was produced by the City of St. Louis. The views expressed here are the author’s own.

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