SAVOY — The village found a nearby buyer for its 1993 Pierce Dash fire truck.
The village board authorized a three-year lease-purchase option to the Tolono Fire Protection District for the Pierce Dash. Savoy is selling the truck after recently purchasing a new fire truck.
The agreement outlines three payments from the Tolono Fire Protection District to the village of Savoy. The first lease payment, to be made upon delivery on Sept. 11, will be for $20,000. Two subsequent payments of $15,000 each will be made in the following two years. The total sale will be for $50,000 after a $10 purchase option at the end of the lease on Sept. 11, 2015.
The sale will include equipment, such as hoses and ladders, specific to the truck. The truck and equipment will be sold "as-is." Under the agreement, the Tolono Fire Protection District would be obligated to pay the full amount regardless of what happens to the truck after delivery.