|
Lincoln
Fire Department to receive state loan
Governor Blagojevich announces 10 fire
departments to receive nearly $1.9 million in no-interest loans for
new fire trucks
Send a link to a friend
[September 01, 2007]
SPRINGFIELD– Governor Rod R.
Blagojevich today announced that 10 fire departments have been
selected to receive a total of nearly $1.9 million in no-interest
loans to purchase much-needed fire trucks through the state’s Fire
Truck Revolving Loan Program. This is the second phase of a loan
program that has already helped 63 fire departments.
|
|
 “The Fire Truck Revolving Loan Program has helped
many fire departments throughout the state buy the fire trucks they
need to protect the people of their communities,” said Gov.
Blagojevich. “These no-interest loans make it possible for small
departments with tight budgets to purchase a fire truck that will
serve their community for many years to come.”
The Fire Truck Revolving Loan Program, administered
by the Office of the State Fire Marshal (OSFM), provides
no-interest, 20-year loans to local fire departments and fire
protection districts for the purchase of fire trucks. The maximum
loan award is $250,000. The loan program was created by legislation
signed by Gov. Blagojevich in 2003. In August 2004, 63 fire
departments were selected to receive the initial revolving loans.
Payments on those loans go into the revolving loan fund, and were
used for this latest round of loans.
Loan recipients were chosen from more than 70
applications submitted to the OSFM. A nine-member review committee
comprising representatives of the banking industry and the fire
services conducted a blind review of the applications and selected
recipients on the basis of need.
[to top of second column]
 |
Loan recipients and their loans amounts are as follows:
Chatsworth Fire Protection District (FPD) $191.457.30
Deer Creek FPD $180,000.00
Kenney FPD $ 95,000.00
Lincoln Fire Department (FD) $250,000.00
Papineau FPD $ 27,500.00
Pittsfield FD $225,000.00
Port Byron FD $250,000.00
Savanna FD $199,607.00
Williamson County FPD $225,000.00
Wood River FD $250,000.00
Total $1,893,564.30
[Text copied from file received from
the
Illinois Office of
Communication and Information]
 |
