152.2017 Set PH on North Q. Fire Co. Truck Purchase RESOLUTION SETTING PUBLIC HEARING ON
NORTH QUEENSBURY VOLUNTEER FIRE COMPANY, INC.'S
PROPOSAL TO PURCHASE TANKER TRUCK AND USE
TAX-EXEMPT FINANCING FOR SUCH PURCHASE
RESOLUTION NO.: 152,2017
INTRODUCED BY: Mr.Anthony Metivier
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Tim Brewer
WHEREAS, the Town of Queensbury and the North Queensbury Volunteer Fire Company,
Inc. (Fire Company)have entered into an Agreement for fire protection services,which Agreement sets
forth a number of terms and conditions including a condition that the Fire Company 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 Fire Company to acquire a loan or
mortgage or use money placed in a "vehicles fund" without prior approval of the Queensbury Town
Board, and
WHEREAS, the Fire Company has advised the Town Board that it wishes to purchase a
new Rosenbauer Tanker Truck (Truck) to replace its 1987 Tanker Truck 429 for the approximate
purchase price not to exceed $374,070, such purchase already included in the Fire Company's five
(5) year capital plan that forecasts future capital needs and expenditures, including anticipated
vehicles, equipment, tools, other apparatus, facilities or improvements to facilities to be used for
firematic purposes, and
WHEREAS, the Fire Company plans on paying for the proposed,new Truck as follows:
1. Approximately$150,000 from Vehicle Reserve funds; and
2. Approximately$224,070 maximum amount of tax-exempt financing; and
WHEREAS, the Town Board wishes to set a public hearing concerning the Fire Company's
proposed purchase, as Town Board approval of such proposed purchase is required by the Fire
Company's Agreement with the Town, and such proposed tax-exempt financing requires a public
hearing under the Internal Revenue Code, and
WHEREAS, the Truck will be owned and used by the Fire Company to provide fire protection
to the Town and maintained at its firehouse located at 2663 Route 9L, Cleverdale, in the Town of
Queensbury,New York,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board shall conduct a public hearing concerning the
North Queensbury Volunteer Fire Co., Inc.'s proposed Truck purchase delineated in the preambles of
this Resolution and the partial financing of such proposed purchase using tax-exempt financing on
Monday, July 3rd, 2017 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 5d'day of June, 2017,by the following vote:
AYES Mr. Irish, Mr. Brewer, Mr. Strough, Mr. Metivier, Mr. Clements
NOES None
ABSENT: None