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117.2001 RESOLUTION SETTING PUBLIC HEARING FOR NORTH QUEENSBURY VOLUNTEER FIRE COMPANY, INC.’S PROPOSAL TO PURCHASE ONE (1) 2001 SAULSBURY PUMPER RESOLUTION NO.: 117, 2001 INTRODUCED BY: Mr. James Martin WHO MOVED ITS ADOPTION SECONDED BY: Mr. Theodore Turner WHEREAS, the Town of Queensbury and the North Queensbury 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 replace its 1976 Pumper by purchasing one (1) 2001 Saulsbury Pumper for the approximate sum of $270,000, and WHEREAS, the Fire Company plans on selling its 1976 Pumper with the proceeds being deposited back into the restricted vehicle fund, and WHEREAS, the Fire Company plans to use the balance of its restricted vehicle fund estimated to total approximately $160,000 at the time of delivery and enter into a Purchase Lease Agreement with Evergreen Bank for the balance of approximately $110,000 at 70% of the Federal Home Bank Rate plus 2%, and WHEREAS, the Town Board wishes to set a public hearing concerning the proposed Pumper purchase, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board shall conduct a public hearing concerning the proposed purchase of a new Pumper by the North Queensbury Volunteer Fire Company, Inc. on April nd 2, 2001 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 ten (10) days prior to the Public Hearing. th Duly adopted this 8 day of March, 2001, by the following vote: AYES : Mr. Brewer, Mr. Brower, Mr. Martin, Mr. Turner, Mr. Stec NOES : None ABSENT: None