077.2023 Res. Set PH on WGF Vol Fire Co for Freighliner Tanker Truck RESOLUTION SETTING PUBLIC HEARING ON
WEST GLENS FALLS VOLUNTEER FIRE COMPANY, INC.'S PROPOSAL
TO USE TAX-EXEMPT FINANCING FOR THE PURCHASE OF A
2023 BME/FREIGHTLINER 2000 GALLON ENGINE TANKER TRUCK
RESOLUTION NO.: 77,2023
INTRODUCED BY: Mr. George Ferone
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Timothy McNulty
WHEREAS, the Town of Queensbury and the West Glens Falls 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 2023
BME/Freightliner 2000 Gallon Engine Tanker Truck(Truck)to replace its year 1993 Ford/KME 1800
Gallon Tanker (Apparatus) with approximately 14,000 miles, for a sum not to exceed $378,799, such
purchase 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, once the new Truck 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 Truck, and
WHEREAS, proceeds from the sales of the Fire Company's replaced Apparatus would be
placed either: 1) against the principal of the new, proposed Truck; and/or 2) toward other Fire
Company debt; and
WHEREAS, the Truck will be owned and used by the Fire Company to provide fire protection
to the Town and will be maintained at its firehouse located at 33 Luzerne Road, and
WHEREAS, the Fire Company has further advised the Town Board that it wishes to pay
for the Truck by using:
1. $178,799—funds from its current and future budgets; and
2. $200,000 - maximum amount of tax-exempt financing up to a 60 month term with
NBT Bank; and
WHEREAS, the Town Board wishes to set a public hearing regarding 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,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board shall conduct a public hearing concerning
West Glens Falls Volunteer Fire Co., Inc.'s proposed Truck purchase and the use of tax-exempt
financing under the Internal Revenue Code as delineated in the preambles of this Resolution on
Monday, March 61', 2023 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 13t'day of February, 2023,by the following vote:
AYES Mr. Freer, Mr. Ferone, Mr. McNulty, Mr. Strough, Mr. Metivier
NOES None
ABSENT: None