News Column

New Albany moves forward with ladder truck financing

July 1, 2014

By Daniel Suddeath, The Evening News and the Tribune, Jeffersonville, Ind.



July 01--NEW ALBANY -- The New Albany Board of Public Works and Safety accepted a bid by New Washington State Bank Tuesday to finance a fire ladder truck.

In May, the New Albany City Council approved a plan to upgrade fire equipment, and gave the city the authority to finance the $1.1 million ladder truck.

Two banks bid on the financing package, and New Washington submitted the lowest and most responsive proposal according to Shane Gibson, an attorney with the city's legal department.

The note is slated to be paid off within five to seven years and is within the "parameters the council wanted to stay within," Gibson said.

The city has been borrowing a second ladder truck, as its other engine has been under repair. Gibson said the city should have the new engine within a few weeks.

Nothing hazardous in train cargo

Toys, tea bags and soap were most of the items inside a train that caught fire Monday on the K & I Bridge.

New Albany Fire Marshal Chris Koehler told the board of works Tuesday there was nothing hazardous inside the train that would have caused a large explosion.

He added the cause of the fire was still under investigation, as the initial report is that the fire was already burning on the tracks before the train arrived.

Board officials said the situation could have been much worse if there had been explosive contents inside the train.

Water Street, boat ramp to close

To prepare for New Albany'sIndependence Day celebration, Water Street will be closed near the Riverfront AmphitheaterThursday, July 3, beginning at 8 a.m.

The boat ramp near the amphitheater will also close Thursday, as the city annually celebrates the holiday on July 3.

There will be free music and fireworks Thursday evening at the amphitheater beginning at 5 p.m. Food and drink vendors will also be on hand.

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(c)2014 The Evening News and The Tribune (Jeffersonville, Ind.)

Visit The Evening News and The Tribune (Jeffersonville, Ind.) at newsandtribune.com

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Source: Evening News and The Tribune, The (Jeffersonville, IN)


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