097.2023 Approving WGF Vol Fire Comp Inc Purchase of 2023 BME Freightliner 2000 Gal Engine Tanker Truck RESOLUTION APPROVING WEST GLENS FALLS VOLUNTEER FIRE
COMPANY, INC.'S PURCHASE OF 2023 BME/FREIGHTLINER 2000
GALLON ENGINE TANKER TRUCK AND AUTHORIZING
INCURRENCE OF TAX-FREE FINANCING FOR SUCH PURCHASE
RESOLUTION NO.: 97,2023
INTRODUCED BY: Mr. Timothy McNulty
WHO MOVED FOR ITS ADOPTION
SECONDED BY: Mr. George Ferone
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 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 after all potential warranty/service issues are resolved with
the new Truck, and
WHEREAS, proceeds from the Fire Company's sales of the replaced Apparatus will be placed
either against the principal of the new,proposed Truck and/or 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 advised that it plans 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, 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, on Monday, March 6th, 2023, the Town Board held such public hearing and
duly heard all interested persons, and
WHEREAS, the Town Board believes that this new Truck will provide additional safety
protection for the Town while eliminating an aging Apparatus from the Fire Company's fleet and
therefore the Town Board wishes to adopt a Resolution authorizing such Truck purchase and the
Fire Company's incurrence of tax-exempt debt,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby approves of the West Glens Falls
Volunteer Fire Company, Inc.'s purchase of a 2023 BME/Freightliner 2000 Gallon Engine Tanker
Truck (Truck) to replace its year 1993 Ford/KME 1800 Gallon Tanker 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
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BE IT FURTHER,
RESOLVED, that the Town Board further approves of the Fire Company's incurrence of
up to $200,000 maximum amount in debt/tax-exempt financing for such purchase for up to a 60
month term with NBT Bank with the understanding that the Town Board is relying upon the Fire
Company's assurance that the Truck is serviceable and suitable for its long-term intended use, and
BE IT FURTHER,
RESOLVED, that the Town of Queensbury does not guarantee such debt with NBT Bank
on behalf of the Fire Company nor does the Town Board create or intend to create any
assumption on the part of the Town of any obligation or liability for the financing, and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs the Town Supervisor and/or Budget
Officer to take all actions necessary to effectuate the terms of this Resolution.
Duly adopted this 6t'day of March, 2023 by the following vote:
AYES Mr. Metivier, Mr. Freer, Mr. Ferone, Mr. McNulty, Mr. Strough
NOES None
ABSENT: None
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