The City Council will consider awarding a contract totaling nearly $8 million for the construction of a new fire station to serve the center of the Island, as well as for the construction of a nearby emergency operations center.
The new station would replace Fire Station 3, which now operates out of a former family home that the city rents on Grand Street because the original station is not earthquake safe.
The station proposed for 1625 Buena Vista Ave. would have space for one engine company, one truck company and an ambulance. The emergency operations center at 1809 Grand St. would be used by first responders after an earthquake or other disaster.
City officials are recommending the council award the contract to Richmond-based Alten Construction, which submitted the lowest bid of the three companies that responded to the city’s request.
The money to pay for the work will come from a mix of one-time funds, an internal loan and external financing.
The amount includes a $3 million loan from the California State Infrastructure and Economic Development Bank, or “IBank,” which offers financing to public agencies for infrastructure projects at interest rates generally lower than what is available on the open market. City officials expect to get about a 2.29 percent rate on a 20-year loan.
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