The estimated cost to build a new fire station is $5.7 million. An independent consultant, Sperry Capital Inc., was hired by the District to analyze the funding options available to the District. The firm recommends that the District use a portion of its reserves and finance the remainder through an infrastructure loan from the California Infrastructure and Economic Development Bank (I-Bank). Its loan program offers loans up to a 30-year term and the lowest required draw on District funds. The interest rate of these loans is also fairly insulated from the current volatile conditions.