450.2005
RESOLUTION APPROVING CONSTRUCTION OF NEW SQUAD
BUILDING BY WEST GLENS FALLS EMERGENCY SQUAD, INC. AND
CORRESPONDING AMENDMENT TO AGREEMENT
RESOLUTION NO.: 450, 2005
INTRODUCED BY: Mr. Tim Brewer WHO MOVED FOR ITS ADOPTION
SECONDED BY: Mr. John Strough
WHEREAS, the Town of Queensbury and the West Glens Falls Emergency Squad, Inc. have
entered into an Agreement for emergency services (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 has 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 $1.7 million and 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 $1.7 million, indeed they hope that the total cost is less than such
amount, and
WHEREAS, the Squad plans on entering into a financing agreement for the amount not to
exceed $1.55 million for 20 years at a rate to be determined, and
WHEREAS, the exact amount of financing has not yet been determined, but, again, the Town
Board expects the amount borrowed to be less than $1.55 million, and
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WHEREAS, on September 26, 2005, the Town Board held a public hearing concerning the
Squad’s proposed construction of a new Squad building and the corresponding amendment to its
Agreement and heard all interested persons, and
WHEREAS, the Town Board has determined that it is necessary and in the public interest to
approve such construction project to improve the provision of emergency services to the Town,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby approves of the West Glens Falls
Emergency Squad, Inc.’s proposal to construct a new Squad building on the west side of Luzerne
Road for a total cost (including all costs associated with this project) not to exceed $1.7 million and
authorizes the corresponding amendment to the Squad’s 2005 emergency services Agreement with the
Town, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby approves the incurring on the part of the West
Glens Falls Emergency Squad, Inc. of financial obligations in an amount which shall not exceed $1.55
million and, hopefully, shall be less, provided, however, that the Town Board does not guarantee the
debt with the financial institution on behalf of the Squad and shall not and does not by this
Resolution 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 further authorizes and directs the Town Supervisor to sign
any necessary documentation, including an amended Agreement between the Town and the Squad to
provide for the construction project in form to be approved by the Town Supervisor, Budget Officer
and Town Counsel, and
BE IT FURTHER,
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RESOLVED, that the Town Board further authorizes and directs the Town Supervisor and/or
Town Budget Officer to take any action necessary to effectuate all terms of this Resolution.
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Duly adopted this 26 day of September, 2005 by the following vote:
AYES : Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Boor
NOES : None
ABSENT: Mr. Turner
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