148.2024 Authorize Bay Ridge Rescue Squad - DBA Queensbury EMS - Purchase Emergency Equipment for Ambulance and Tax-Exempt Financing RESOLUTION AUTHORIZING BAY RIDGE RESCUE SQUAD, INC. DBA:
QUEENSBURY EMERGENCY MEDICAL SERVICES'S PROPOSAL TO
PURCHASE EMERGENCY EQUIPMENT FOR ITS AMBULANCE AND
USE TAX-EXEMPT FINANCING FOR SUCH PURCHASE
RESOLUTION NO.: 148,2024
INTRODUCED BY: Mr.Anthony Metivier
WHO MOVED FOR ITS ADOPTION
SECONDED BY: Mr. Harrison Freer
WHEREAS, by Resolution No.: 424, 2023, the Queensbury Town Board approved its 2024
Emergency Ambulance Services Agreement (Agreement) with the Bay Ridge Rescue Squad, Inc.,
DBA: Queensbury Emergency Medical Services, (Squad), and
WHEREAS, such 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 Town Board, and
WHEREAS, by Resolution No.: 149, 2023 the Town Board approved the Squad's proposal
to purchase a 2023 Ford F-350 Demers Brand Ambulance at a purchase price not to exceed
$300,000 by using:
1. $ 20,000—approximate cash down payment; and
2. $280,000 -maximum amount of tax-exempt financing with the Adirondack Trust
Company; and
WHEREAS, by Resolution No.: 76, 2024 the Town Board amended such Resolution to
approve the Squad's sale of its 1997 Ford ambulance toward the new ambulance purchase rather than
the sale of its year 2016 ambulance, and
WHEREAS, the Squad has advised the Town Board that as the emergency equipment in
the Squad's 1997 ambulance is outdated, the Squad needs to outfit its new ambulance with
certain new emergency equipment for an amount not to exceed $86,958.90 (including the cost of
a five year warranty) and would like such cost added to its ambulance loan, thereby increasing its
$280,000 maximum amount of tax-exempt financing approved by Resolution No.: 149, 2023 to a
maximum amount of tax-exempt financing not exceeding$352,740, and
WHEREAS, Town Board approval of this proposed purchase is required by the Squad's
Agreement with the Town, and the proposed tax-exempt financing requires a public hearing under the
Internal Revenue Code, and
WHEREAS, on Monday, April 15th, 2024, the Town Board held a public hearing
concerning the Squad's proposed purchase and tax-exempt financing as required by the Squad's
Agreement with the Town and the Internal Revenue Code and heard all interested persons, and
WHEREAS, the Town Board believes that the proposed emergency equipment purchase will
help provide additional safety protection for the Town and also believes it to be necessary, financially
beneficial and in the public interest to consider such financing, and
WHEREAS, the Town Board therefore wishes to adopt a Resolution authorizing such
purchase and the Squad's corresponding incurrence of tax-exempt debt and financing,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby approves of the Bay Ridge Rescue
Squad, Inc., DBA: Queensbury Emergency Medical Service (Squad)'s proposal to purchase
emergency equipment for its 2023 Ford F-350 Demers Brand Ambulance at a purchase price not to
exceed $86,958.90 as set forth in the preambles of this Resolution, and
BE IT FURTHER,
RESOLVED, that the Town Board further approves of the Squad's increase in its
ambulance loan, thereby increasing the Squad's $280,000 maximum amount of tax-exempt
financing previously approved by Resolution No.: 149, 2023 to a maximum amount of tax-exempt
financing not exceeding $352,740 with the understanding that the Town Board is relying upon the
Squad's assurance that the Ambulance, with the new emergency equipment, is serviceable and suitable
for its long-term intended use, and approves of the tax-exempt financing with the Adirondack Trust
Company for the purpose of purchasing the new Ambulance and associated emergency equipment, and
BE IT FURTHER,
RESOLVED, that the Town of Queensbury does not guarantee such debt with the
financial institution on behalf of the Squad nor does the Town Board create or intend to create
any assumption on the part of the Town of Queensbury 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 any actions necessary to effectuate the terms of this Resolution.
Duly adopted this 15t'day of April, 2024 by the following vote:
AYES Mr. Dixon, Mr. Strough, Mr. Metivier, Mr. Freer
NOES None
ABSENT: Mr. McNulty