Director Domenichelli remarked that it makes sense to let the experts do it. Chief said it has been outfitted with all the old equipment. Chief will have the contract reviewed by counsel immediately and he has checked out all the company s references. Fire Chief Elliott gave the financial report and commented that overall numbers look good. There were a couple of spikes, which were expected.
Noted income is up.
President Brown asked Chief to comment on the Fixed Assets . Director Giordano questioned the amount of interest payments to Exchange Bank as to whether this monthly charge came out of Building Fund. Earning 5.75 and actually collecting 5.73 on average. Approval of Claims Director Kneisler moved and Director Giordano seconded the motion to approve claims as submitted. Director Giordano moved and Director Domenichelli seconded the motion for Board direction on the selling of Engine 6584.