168.2007
RESOLUTION AUTHORIZING INCURRENCE OF DEBT BY
WEST GLENS FALLS VOLUNTEER FIRE COMPANY, INC. FOR
PURCHASE OF 2007 CHEVROLET TAHOE
RESOLUTION NO.: 168, 2007
INTRODUCED BY: Mr. Tim Brewer
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Roger Boor
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 has advised the Town Board that it wishes to purchase a 2007
Chevrolet Tahoe on State Contract for a sum not to exceed $31,100, and
WHEREAS, the Fire Company has arranged for a $31,100, 72 month installment loan with
Glens Falls National Bank to purchase such vehicle, with payments to be made from the Fire
Company’s operating budget, such monies already included in the Fire Company’s approved 2007
budget and Agreement with the Town, and
WHEREAS, the Town Board feels that this new vehicle will provide additional safety
protection for the Town and therefore the Town Board wishes to authorize the incurrence of this debt
by the Fire Company,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby approves of the
incurrence of $31,100 in debt by the West Glens Falls Fire Company, Inc. for the purchase of a 2007
Chevrolet Tahoe on State Contract, as delineated in the preambles of this Resolution, and
BE IT FURTHER,
RESOLVED, that the Town of Queensbury does not guarantee the debt with Glens Falls
National Bank on behalf of the Fire Company, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Fiscal Manager to
take any necessary action to effectuate the terms of this Resolution.
nd
Duly adopted this 2 day of April, 2007, by the following vote:
AYES : Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Boor, Mr. Sanford
NOES : None
ABSENT: None