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FIRE AND RESCUE\Bay Ridge EMS-Set Public Hearing on Tax Exempt Loan for Ambulance Purchase—8-17-15
RESOLUTION SETTING PUBLIC HEARING ON BAY RIDGE RESCUE
SQUAD, INC.'S PROPOSAL TO PURCHASE AMBULANCE AND USE TAX-
EXEMPT FINANCING FOR SUCH PURCHASE
RESOLUTION NO.: ,2015
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 Bay Ridge Rescue 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 purchase a new
2016 Medix Ambulance to replace its 2007 Horton Ambulance and 2005 Chevy Blazer Medic
Truck, (collectively referred to as the "replaced apparatus") for the approximate purchase price
not to exceed $140,331, and
WHEREAS, proceeds from the sales of the Squad's replaced apparatus would be placed
against the principal of the new, proposed Ambulance, and
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WHEREAS, once the new Ambulance is placed into service, the Squad will remove the
replaced apparatus from service and sell the replaced apparatus after all potential warranty/service
issues are resolved with the new Ambulance, 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 1109
Ridge Road in the Town of Queensbury,New York, and
WHEREAS, the Squad plans on paying for the proposed, new Ambulance by approximately
$121,000 maximum amount of tax-exempt financing (having a seven year 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 Bay
Ridge Rescue 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,
September 14'', 2015 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.
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Duly adopted this 17'h day of August, 2015, by the following vote:
AYES
NOES
ABSENT:
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FIRE\Bay Ridge—Ambulance Purchase—9-14-15
NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN IN ACCORDANCE WITH A RESOLUTION ADOPTED
BY THE QUEENSBURY TOWN BOARD ON MONDAY, AUGUST 17TH, 2015, THAT THE
TOWN BOARD WILL CONDUCT A PUBLIC HEARING ON MONDAY, SEPTEMBER 14TH,
2015 AT 7:00 P.M. AT THE QUEENSBURY ACTIVITIES CENTER, 742 BAY ROAD,
QUEENSBURY TO CONSIDER THE BAY RIDGE RESCUE SQUAD, INC.'S PROPOSAL TO
PURCHASE ONE (1) 2016 MEDIX AMBULANCE FOR THE APPROXIMATE TOTAL SUM
OF $140,331 AND THE RESCUE SQUAD'S TAX-EXEMPT FINANCING. THE RESCUE
SQUAD WILL REPLACE AND TRADE-IN TWO PIECES OF APPARATUS AND FINANCE
THE NEW AMBULANCE, IN PART, WITH A $121,000 MAXIMUM AMOUNT OF A TAX-
EXEMPT LOAN OVER SEVEN (7) YEARS WHICH DOES NOT EXCEED THE ESTIMATED
USEFUL LIFE OF THE AMBULANCE. THE AREA PROTECTED BY THE RESCUE SQUAD
IS ALL OF THE GEOGRAPHICAL TERRITORY OF THE TOWN OF QUEENSBURY SET
FORTH IN THE CURRENT EMERGENCY PROTECTION SERVICES AGREEMENT
BETWEEN THE TOWN OF QUEENSBURY AND THE RESCUE SQUAD.
ALL PARTIES IN INTEREST AND THE CITIZENS WILL BE GIVEN THE
OPPORTUNITY TO BE HEARD IN RESPECT TO THE PROPOSED PURCHASE.
INFORMATION CONCERNING THE PROPOSED PURCHASE IS ON FILE WITH THE
TOWN CLERK AND IS AVAILABLE FOR INSPECTION.
BY ORDER OF THE QUEENSBURY TOWN BOARD.
PUBLICATION DATE: ,2015
CAROLINE H.BARBER
TOWN CLERK
TOWN OF QUEENSBURY