The newest Lafayette fire station won over $367,475 in funding Tuesday night from the parish council.
Building Fire House No. 14 will cost $1.7 million and Lafayette Fire Department spokesman Alton Trahan says it will both serve a growing population and keep insurance rates lower.
"The way the homeowners fire ranking insurance works is that every fire department is graded," said Trahan.
Trahan says of course it's a case by case basis, but estimates have shown an average 9 percent increase with a downgrade in the parish fire insurance rating. As of 2013, the parish has a fire insurance rating of two the worst you can have is a ten.
"If the class ranking goes downward that has an impact to your insurance rating with homeowners insurance or commercial insurance," said Trahan.
The parish has 20 firefighters in training and is moving forward with the building of Fire Station No. 14 to avoid a possible downgrade.
Parish council member Jared Bellard says the new fire house is also cost effective.
"For Fire Station No. 7 we had numerous bids for the contract and basically it came in very under budget so we used some of the money there [for Fire Station No. 14] and with Fire Station No. 4 they were trying to acquire property that was adjacent to it or near it since we didn't buy that property we had excess money there," said Bellard.
"I think it goes out to bid in June and I think it does nothing, but help the fire rating by building a new station," said Bellard.