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066.2006 RESOLUTION SETTING PUBLIC HEARING CONCERNING PROPOSAL FOR REIMBURSEMENT OF SOFT COSTS RELATED TO NEW SQUAD BUILDING TO WEST GLENS FALLS EMERGENCY SQUAD INC. AND AMENDMENT TO EMERGENCY SERVICES AGREEMENT RESOLUTION NO.: 66, 2006 INTRODUCED BY: Mr. John Strough WHO MOVED ITS ADOPTION SECONDED BY: Mr. Daniel Stec WHEREAS, the Town of Queensbury and the West Glens Falls Emergency Squad, Inc. (Squad) have entered into an Agreement for emergency services, 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 or use money placed in a “vehicles fund” without prior approval of the Queensbury Town Board, and WHEREAS, the Squad previously presented to the Town Board a proposal to construct a new Squad building on the west side of Luzerne Road in the Town of Queensbury for a principal amount not to exceed $1.75 million and the Squad proposes to finance the construction project by acquiring a mortgage, and WHEREAS, it is important to the Town Board in considering this Resolution that the total cost of the project not exceed $1.75 million and the Town Board hopes that the total cost is actually less than such amount, and WHEREAS, the West Glens Falls Emergency Squad plans on entering into a financing agreement for an amount not to exceed $1.60 million for twenty years at a rate to be determined, and WHEREAS, the Queensbury Town Board has determined it necessary and in the public interest to approve such construction contract to improve the provision of emergency services to the Town, and WHEREAS, the West Glens Falls Emergency Squad has spent certain funds towards the project for soft costs and has not yet closed on either its real estate or its financing, and WHEREAS, the West Glens Falls Emergency Squad has spent certain funds included in this $1.75 million project maximum costs and needs these funds to operate until the closings on the real property and on their financing occur, and WHEREAS, such amount shall not exceed $43,582, and WHEREAS, the Town Board wishes to determine whether or not it is in the public interest to have this occur, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby sets a public hearing concerning the proposed amendment of the Town’s Contract with the West Glens Falls Emergency Squad, Inc., to authorize an increase in the Contract amount not to exceed $43,582, provided that such $43,582 is included in the $1.75 million amount and that this amount will be reimbursed when the above closings occur, with such public hearing to be held at the Queensbury Activities Center, 742 Bay Road, th Queensbury at 7:00 p.m. on Monday, February 6, 2006 and the Town Board shall hear all interested persons and take such action required or authorized by law, and BE IT FURTHER, RESOLVED, that the Town Board hereby authorizes and directs the Queensbury Town Clerk to post and publish a Notice of Public Hearing in the Post-Star Newspaper once at least ten (10) days prior to the Public Hearing. rd Duly adopted this 23 day of January, 2006, by the following vote: AYES : Mr. Sanford, Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Boor NOES : None ABSENT: None