303.2015 Apprve Bay Ridge Rescue Squad Inc. Purchase of Ambulance RESOLUTION APPROVING BAY RIDGE RESCUE SQUAD, INC.'S
PROPOSAL TO PURCHASE AMBULANCE AND AUTHORIZING
INCURRENCE OF TAX-EXEMPT FINANCING/DEBT
FOR SUCH PURCHASE
RESOLUTION NO.: 303,2015
INTRODUCED BY: Mr.Anthony Metivier
WHO MOVED FOR ITS ADOPTION
SECONDED BY: Mr. Brian Clements
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
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, 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, and
WHEREAS, on Monday, September 14th, 2015, 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 this new Ambulance will provide additional safety
protection for the Town while eliminating aging apparatus from the Squad's fleet 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
Ambulance purchase and the Fire Company'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.'s proposal to purchase a new 2016 Medix Ambulance to replace its 2007 Horton
Ambulance and 2005 Chevy Blazer Medic Truck as set forth in the preambles of this Resolution for
an amount not to exceed $140,331, and
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BE IT FURTHER,
RESOLVED, that the Town Board further approves of the Squad's incurrence of
approximately $121,000 maximum amount in debt for such purchase with the understanding that the
Town Board is relying upon the Squad's assurance that the Ambulance 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 equipment, with such tax-
exempt financing having a seven(7)year term, 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 14'h day of September, 2015 by the following vote:
AYES Mr. VanNess, Mr. Strough, Mr. Metivier, Mr. Clements, Mr. Irish
NOES None
ABSENT: None
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