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074.2019 Set PH North Qsby Rescue Purchase of Ambulance RESOLUTION SETTING PUBLIC HEARING ON NORTH QUEENSBURY RESCUE SQUAD, INC.'S PROPOSAL TO PURCHASE AMBULANCE AND USE TAX-EXEMPT FINANCING FOR SUCH PURCHASE RESOLUTION NO.: 74,2019 INTRODUCED BY: Mr.Anthony Metivier WHO MOVED ITS ADOPTION SECONDED BY: Mrs. Jennifer Switzer WHEREAS, in accordance with New York State Public Health Law Article 30, the Town of Queensbury and the North Queensbury Rescue 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 replace and trade-in one of its older ambulances, a four-wheel drive 1997 Ford Ambulance 725, and purchase a 2018 or newer four-wheel drive Ambulance at a purchase price not to exceed $225,000, 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 2663 Route 9L, Cleverdale, in the Town of Queensbury,New York, and WHEREAS,the Squad plans on paying for the proposed,new Ambulance by using: 1. $10,000 from its current budget; and 2. $215,000 maximum amount of tax-exempt financing having a 10 year term with Ballston Spa National Bank, and 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 the North Queensbury Rescue 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, March 18t', 2019 at 7:00 p.m., and BE IT FURTHER, RESOLVED, that the Town Board hereby authorizes and directs the 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 and take any actions necessary to effectuate the terms of this Resolution. Duly adopted this 25t'day of February, 2019,by the following vote: AYES Mr. Strough, Mr. Metivier, Mr. Ferone, Mrs. Switzer NOES None ABSENT: Mrs. Atherden