city_council_minutes_november_18_2025.pdf
City Approves Financing Agreement for Fire Apparatus
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Description
The City Council approved a Master Tax-Exempt Installment Purchase Agreement with Municipal Asset Management, Inc. to finance the City's new fire apparatus under Ordinance No. 25-34. The agreement will structure payments for the Pierce Enforcer Pumper Type-1 engine.
Contract Details
Vendor
MUNICIPAL ASSET MANAGEMENT INC
Agency
City of Mercer Island, WA
Contract Type
FINANCIAL_SERVICES
Document Date
November 18, 2025
Renewal Info
Master tax-exempt installment purchase agreement; term and any renewal options are defined in the agreement exhibits, not described in the minutes.
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