Laserfiche WebLink
POLICY IMPLICATIONS: <br /> <br />The merger will enable the City to continue fire protection in Annexation Area "H" and <br />in the Coddle Creek annexation area (Area 'T') at a minimum cost. <br /> <br />FINANCIAL IMPACT: <br /> <br />If the merger is approved, the City would not be obligated to the remaining year of the <br />Area "H" contract ($19,000) nor would we have to contract for the Winecoff portion of <br />the Coddle Creek annexation. The Winecoffcontract for the Coddle Creek area would be <br />$35,393 for the first of five years. Subsequent years would be calculated based on new <br />property values each year. <br /> <br />If the merger is approved, the City would assume the assets and liabilities of the <br />Winecoff Fire Department. The estimated value of the assets is 1.5 million dollars. <br />Liabilities include lease-purchase payments on a new fire engine and 800 mhz radio <br />equipment. The payment total for the fire engine is $154,000 and the radio equipment is <br />$12,000. <br /> <br />Cost of operating the Winecoff station as a fourth Kannapolis fire station would total <br />approximately $173,600 for the coming fiscal year. Th_is includes one paid driver per 24- <br />hour shif~ and payments on the lease-purchase payments mentioned previously. These <br />costs are included in the proposed FY 1999-2000 budget. <br /> <br />CHECKLIST OF WHO HAS REVIEWED RECOMMENDATIONS: <br /> <br />City Manager, Finance Director, Fire Chief, City Attorney <br /> <br /> <br />