king_county_fire_protection_district_10_board_meet.pdf
$7M Public Safety Equipment Lease Approved with Municipal Asset Management
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Description
King County Fire Protection District 10 approved a Master Tax-Exempt Installment Purchase Agreement with Municipal Asset Management, Inc. for up to $7 million to acquire fire engines, tenders, and aid cars for Eastside Fire & Rescue. EF&R will be responsible for all repayments, and the agreement closes November 19, 2025.
Contract Details
Contract Amount
Not to exceed $7,000,000
Vendor
MUNICIPAL ASSET MANAGEMENT INC
Agency
East Side Fire Protection District 5, LA
Contract Type
FINANCIAL_SERVICES
Document Date
November 6, 2025
Contract Term
Expected closing November 19, 2025; duration until paid in full
Renewal Info
Agreement is in effect until paid in full. Repayment schedules and any amendments to term or prepayment would require written instrument by both parties as outlined in the Financing Agreement.
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