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043.2016 Set PH WGF Emergency Squad Ambulance Purchase RESOLUTION SETTING PUBLIC HEARING ON WEST GLENS FALLS EMERGENCY SQUAD, INC.'S PROPOSAL TO PURCHASE AMBULANCE AND USE TAX-EXEMPT FINANCING FOR SUCH PURCHASE RESOLUTION NO.: 43,2016 INTRODUCED BY: Mr.William VanNess WHO MOVED ITS ADOPTION SECONDED BY: Mr.Anthony Metivier WHEREAS, in accordance with New York State Public Health Law Article 30, the Town of Queensbury and the West Glens Falls Emergency Squad, Inc. (Squad) have entered into an Agreement for general emergency ambulance services within the Town, which Agreement sets forth a number of terms and conditions, including a condition that the Squad will not purchase or enter into any binding contract to purchase any piece of apparatus, equipment, vehicles, real property, or make any improvements that would require the Squad to acquire a loan or mortgage without prior approval of the Queensbury Town Board, and WHEREAS, the Squad has advised the Town Board that it wishes to purchase a new 2016 Ford F-450 (4x4 Type 1) Ambulance for the approximate purchase price not to exceed $181,098, and WHEREAS, the Ambulance will be owned and used by the Squad to provide general emergency ambulance services to the Town and maintained at the Squad's building located at 86 Luzerne Road in the Town of Queensbury,New York, and WHEREAS, the Squad plans on paying for the proposed, new Ambulance by approximately $181,098 maximum amount of tax-exempt financing (having a five to seven year term)with a financial institution, and 1 WHEREAS, the Town Board wishes to set a public hearing concerning the Squad's proposed purchase, as Town Board approval of such proposed purchase is required by the Squad's Agreement with the Town, and such proposed tax-exempt financing requires a public hearing under the Internal Revenue Code, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board shall conduct a public hearing concerning West Glens Falls Emergency Squad Inc.'s proposed Ambulance purchase delineated in the preambles of this Resolution and the financing of such proposed purchase using tax-exempt financing, on Monday, February 8t', 2016 at 7:00 p.m., and BE IT FURTHER, RESOLVED, that the Town Board hereby authorizes and directs the Queensbury Town Clerk to publish a Notice of Public Hearing in the Post-Star Newspaper once at least fourteen(14) days prior to the Public Hearing. Duly adopted this 11th day of January, 2016, by the following vote: AYES Mr. Metivier, Mr. Clements, Mr. Irish, Mr. VanNess, Mr. Strough NOES None ABSENT: None 2