Fire District seeks $900,000 bond issue
By PAUL KEDINGER
Bonding attorney Jason Akers shared good news with the directors of Fire District No. 9 Monday night regarding bids for its ten-year $900,000 bond issue.
“This is the best bid this year,” said Akers, representing Foley & Judell, L.L.P. of New Orleans.
Of four banks which submitted bids to purchase the bond issue, Sabine State Bank submitted the low bid of 3.18 percent.
Akers estimated the low bid will save the fire district which serves Rayne and surrounding rural areas as much as $40,000 in interest over the 10-year period.
The bond issue, which has already been approved by the Acadia Parish Police Jury will be submitted to the Louisiana Bond Commission at its March 21 session.
Akers projected the closing date for the bond issue will be April 8.
The directors approved the bond issue resolution unanimously.
Much of the bond issue funds will be dedicated to the purchase of new fire-fighting equipment.
District Chairman Lee Hebert explained how the district can purchase the needed equipment under state contract prices through Bonaventure Company of Rayne.
Nolan LeBlanc, Bonaventure’s president, and Burt Guilbeau, sales representative, reported he has reserved a aerial ladder truck and a cnhassis for pumper.
LeBlanc details the cost for the equipment, including $439,184 for a 75-foot ladder aerial truck, $181,803 for a pumper, $83,781 for a service rescue vehicle, $157,680 for 40 self-containing breathing apparatus units; $7,500 for thermal imaging equipment, and under $140,000 for a tanker unit.
The directors agreed to purchase the aerial truck, pumper and rescue vehicle.
LeBlanc indicated the aerial truck would arrive in Rayne in June or July.
President Hebert suggested the district may want to consider the purchase of a commercial washer to clean department equipment.
In other action, directors reviewed and accepted a maintenance service contract with Bonaventure Company. The cost of maintaining the fluids, filters is projected to cost an average of $617 per year for each of the fire department’s 10 vehicles.
The volunteer fire department also welcome new recuits, including Maurice Menard, Brent Alleman, Eric Menard, Tevor Meche and Travis Guidry.