New fire stations to be built with bonds

The fire department will get two new large stations as a result of a bond issue engineered by the Instituto Nacional de Seguros.

The amount involved is 13.7 billion colons or about $26 million. The bonds will be paid off by the income the Cuerpo de Bomberos de Costa Rica gets from a small percentage of each insurance policy sold in the country, said the state insurance firm.

The Superintendencia General de Valores authorized the bond issue Thursday, the insurance firm said.

The stations will be designed as Metropolitana Norte and Metropolitana Sur.

The north station at Plaza Traube near the Caribbean bust station in Barrio Amón will house the current Barrio México fire fighters. The south station at Parque Cañas at Avenida 18 and Calle 2 will house fire fighters currently at Barrio Lujan and the central station. The land still needs to be acquired.

The current locations are not sufficient for future expansion, said the fire department.

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