CRD approves decision to borrow money for new fire truck for Lake Bouchie

The Cariboo Regional District has given the go-ahead to borrow money for a new fire truck for the Bouchie Lake Volunteer Fire Department.

This follows taxpayer consent in the form of a successful alternative approval process.

Residents of Bouchie Lake had until July 5 to oppose the plan, but less than 10% of the population exercised this option.

The alternative would have been to borrow the money over a five-year period, which would not have required taxpayer approval, but would also have prevented the ability to continue putting money into reserves.

Barb Bachmeier, CRD’s Area B Manager, says they had no choice but to buy the truck.

“Insurers require a fire truck to be replaced every 20 years. If it’s not replaced, insurance underwriters won’t discount people’s home insurance if they’re within 5 miles of a fire station. So it’s a regulatory thing that we really need to update this fire truck.

The CRD will now borrow up to $320,000 from the Municipal Finance Authority, repayable over 10 years.

The total cost of the fire truck is actually $545,000.

The balance will be paid with reservations.

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