SCARBOROUGH — A million-dollar question is the only one facing voters in a local referendum on Nov. 6.
The Fire Department wants to replace Ladder 2, a 25-year-old ladder truck housed at the Black Point Fire Station. The bond proposal going to voters authorizes spending up to $900,000 for the new truck.
Principal and interest on the proposed 20-year bond would cost $1.08 million, based on a 2 percent interest rate.
Fire Chief Michael Thurlow said the 1988 Pierce now in use is outmoded and outdated. The truck also has a corroded frame and replacement is recommended, according to council documents.
The new ladder truck would cover calls in Higgins Beach, Prouts Neck and areas around Pleasant Hill Road and eastern Route 1. Ladder 1, covering southern and western portions of town, is housed at the Dunstan Corner Station on Route 1.
Councilors endorsed the purchase, but it must be approved by voters because it exceeds $400,000.
Currently, the town has $82.73 million in issued and unpaid bond debt, with $5.8 million in authorized but unissued bonds.