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FIRE AND RESCUE\Bay Ridge Fire-Set Public Hearing on Tax Exempt Loan for Truck Purchase—8-3-2020
RESOLUTION SETTING PUBLIC HEARING ON BAY RIDGE
VOLUNTEER FIRE COMPANY, INC.'S PROPOSAL TO PURCHASE A
2021 CHEVROLET RESCUE UTILITY VEHICLE AND USE TAX-EXEMPT
FINANCING FOR SUCH PURCHASE
RESOLUTION NO.: 92020
INTRODUCED BY:
WHO MOVED ITS ADOPTION
SECONDED BY:
WHEREAS, the Town of Queensbury and the Bay Ridge 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
2021 Chevrolet Rescue Utility Vehicle (Vehicle) to replace its 1997 Ford Rescue Utility Vehicle
for a purchase price not to exceed $90,000, 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 Vehicle by up to
$90,000 maximum amount of tax-exempt financing, and
WHEREAS, proceeds from the sales of the Fire Company's replaced apparatus (the 1997
Ford Rescue Utility Vehicle) would be placed either: 1) against the principal of the new, proposed
Vehicle and/or 2) toward other Fire Company debt, and
WHEREAS, once the new Vehicle is placed into service, the Fire Company will remove the
replaced apparatus from service and sell it, and will sell it after all potential warranty/service issues
are resolved with the new Vehicle, 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 Vehicle will be owned and used by the Fire Company to provide fire
protection to the Town and maintained at its firehouse located at 1080 Bay Road in the Town of
Queensbury,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board shall conduct a public hearing concerning
Bay Ridge Volunteer Fire Co., Inc.'s proposed Vehicle purchase delineated in the preambles of this
Resolution and the financing of such proposed purchase using tax-exempt financing, on Monday,
September 141", 2020 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 3d day of August, 2020, by the following vote:
AYES
NOES
ABSENT:
FIRE\Bay Ridge Tax Exempt Financing For Vehicle Purchase--9-14-2020
NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN IN ACCORDANCE WITH A RESOLUTION ADOPTED BY
THE QUEENSBURY TOWN BOARD ON MONDAY, AUGUST 3RD, 2020, THAT THE TOWN
BOARD WILL CONDUCT A PUBLIC HEARING ON MONDAY, SEPTEMBER 14TH, 2020 AT
7:00 P.M. AT THE QUEENSBURY ACTIVITIES CENTER, 742 BAY ROAD, QUEENSBURY,
NEW YORK TO CONSIDER THE BAY RIDGE VOLUNTEER FIRE COMPANY, INC.'S
PROPOSAL TO PURCHASE A 2021 CHEVROLET RESCUE UTILITY VEHICLE (VEHICLE)
FOR THE APPROXIMATE SUM OF $90,000 AND THE FIRE COMPANY'S TAX-EXEMPT
FINANCING FOR SUCH PURCHASE. THE FIRE COMPANY PLANS TO REPLACE A PIECE
OF APPARATUS AND FINANCE THE NEW VEHICLE WITH A TAX-EXEMPT LOAN WITH A
FINANCING TERM TO BE LESS THAN THE ESTIMATED USEFUL LIFE OF THE VEHICLE
(15 YEARS). THE AREA PROTECTED BY THE FIRE COMPANY IS ALL OF THE
GEOGRAPHICAL TERRITORY OF THE TOWN OF QUEENSBURY SET FORTH IN THE
CURRENT FIRE PROTECTION SERVICES AGREEMENT BETWEEN THE TOWN OF
QUEENSBURY AND THE FIRE COMPANY. THE FIRE COMPANY WOULD BE THE
OWNER OF THE VEHICLE, WHICH WOULD BE LOCATED AT THE FIRE HOUSE, 1080
BAY ROAD, TOWN OF QUEENSBURY, NEW YORK.
ALL PARTIES IN INTEREST WILL BE GIVEN THE OPPORTUNITY TO BE HEARD
AND INFORMATION CONCERNING THE PROPOSED PURCHASE IS ON FILE WITH THE
TOWN OF QUEENSBURY AND MAY BE AVAILABLE FOR INSPECTION UPON
CONTACTING THE TOWN CLERK'S OFFICE 742 BAY ROAD, QUEENSBURY, NEW YORK
AT(518) 761-8234.
BY ORDER OF THE QUEENSBURY TOWN BOARD.
PUBLICATION DATE: ,2020
CAROLINE H. BARBER
TOWN CLERK
TOWN OF QUEENSBURY