Pa. town OKs $1.3M note for fire trucks
Volunteer fire department purchasing rescue and pumper fire trucks
By Chris Sholly
The Lebanon Daily News
HERSHEY, Pa. — The Derry Township Board of Supervisors last week authorized a $1.3 million bank note from Fulton Bank for purchasing rescue and pumper fire trucks for the Hershey Volunteer Fire Department.
Last September, the board approved the purchase of a new rescue truck for $618,969 and a pumper for $604,313 from the Pierce Manufacturing Co. Township manager Jim Negley said the rescue truck is near completion, and the township will be required to pay for it when it's delivered. The pumper is expected to be delivered in July, he said.
Negley said the township has applied to Dauphin County for state gaming funds to pay for the trucks.
"On Feb. 9, I was notified that the township would be receiving $595,000 from the gaming funds to apply toward this note," he said.
In other business, the board:
authorized the issuance of a series of $3.9 million in bonds for refunding the Derry Township Municipal Authority Series 2006 Bond. The township's bond counsel Lou Verdelli of RBC Capital Markets said the action would allow the authority to get a lower interest rate and extend the maturity of the bonds.
"The benefit to the authority is the restructuring of the payments, obviously a significant reduction in their debt-service payments over the next 10 years," Verdelli said.
The debt service payments due this year would be $300,000 lower, $200,000 lower next year and $100,000 each year from 2013 to 2020, Verdelli said. The township's rating, which is AA-Plus, would not be affected, he said.
approved the second annual Hershey Half Marathon on Oct. 16 at 7 a.m.
authorized staff to enter into a partnership with the Manada Conservancy, which is dedicated to the preservation and health of the Swatara Creek.
approved the application for county aid from Dauphin County to pay for engineering cost for the Park Boulevard bridge relocation and replacement project.
authorized advertising ordinances that would restrict parking on Homestead Road and on Meadow Lane from Homestead Road to Para Avenue. The changes would prohibit vehicles from parking, stopping or standing for loading or unloading on these streets.
The proposed changes are the result of traffic congestion since the Derry Township School District modified its scheduling at the beginning of the school year. Both the middle and high schools start and end at the same time.
If approved, the township would install approximately 28 signs to existing traffic posts on the roadways.
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