3.10 3.10
FIRE AND RESCUE\WGF EMS-Set Public Hearing on Tax Exempt Loan for a 2023 Ambulance Purchase—10-16-2023
RESOLUTION SETTING PUBLIC HEARING ON WEST GLENS FALLS
EMERGENCY SQUAD, INC.'S PROPOSAL TO PURCHASE A 2023
DEMERS AMBULANCE AND USE TAX-EXEMPT FINANCING
RESOLUTION NO.: ,2023
INTRODUCED BY:
WHO MOVED ITS ADOPTION
SECONDED BY:
WHEREAS, in accordance with New York State Public Health Law Article 30, the Town of
Queensbury and the West Glens Falls Emergency 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 trade-in its 2017
Demers MXP150 F-450 4x4 Ambulance 712 and purchase a 2023 Demers MXP150 F-450 4x4
Diesel Ambulance with liquid springs at a purchase price not to exceed $264,250, and
WHEREAS, the trade-in value of the ambulance being replaced will be $40,000, bringing
the new ambulance's purchase price down to $224,250, 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 86
Luzerne Road in the Town of Queensbury,New York, and
WHEREAS,the Squad plans on paying for the proposed,new Ambulance by using:
1. $ 59,000—cash down-payment from its current budget; and
2. $ 165,250 maximum amount of tax-exempt financing having a 60 month term with the
Adirondack Trust Company; 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
West Glens Falls Emergency 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,November 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 16t'day of October, 2023,by the following vote:
AYES
NOES
ABSENT: