519.93
RESOLUTION APPROVING THE INCURRING FINANCIAL OBLIGATION ON THE
PART OF THE NORTH QUEENSBURY VOLUNTEER FIRE DEPARTMENT
RESOLUTION NO. 519, 93
INTRODUCED BY: Mrs. Betty Monahan
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Nick Caimano
WHEREAS, the Town of Queensbury presently has a contract with
the North Queensbury Volunteer Fire Company, Inc., (hereinafter
referred to as "Company") dated January 5, 1993, wherein the
Company has agreed to provide fire protection services for a
certain area of the fire protection district located within the
Town of Queensbury, and
WHEREAS, the Town Board of the Town of Queensbury conducted a
public hearing on the 20th day of September, 1993, and notice
thereof was published in the Post Star Newspaper, a newspaper of
general circulation available to residents of the Queensbury
community, on the 4th day of September, 1993, and
WHEREAS, said public hearing gave those interested individuals
a reasonable opportunity to express their views as to the issuance
of a loan in the principal amount of $1.3 million dollars from the
First National Bank of Glens Falls to the Company for the purpose
of the Company's construction of new firehouse on real property
situate at the intersection of Cleverdale Road and State Route 9L,
being on the east side of State Route 9L in the Town of Queensbury,
Warren County, New York, and
WHEREAS, after due deliberation of the testimony presented at
said public hearing,
NOW, THEREFORE, in consideration of the foregoing, it is
RESOLVED, that the Town Board of the Town of Queensbury hereby
approves the incurring on the part of the Company of financial
obligations in the principal amount of $1.3 million dollars for
construction of a 12,162 square foot firehouse and administrative
office building located on the east side of State Route 9L at the
intersection of State Route 9L and Cleverdale Road, Queensbury,
Warren County, New York, in accordance with the previous resolution
of the Town Board, and
BE IT FURTHER,
RESOLVED, that the Town Board of the Town of Queensbury does
not and shall not, by the adoption of 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
referred to herein, other than that which may exist by virtue of
the contract entered into between the Town of Queensbury and the
Company, dated January 5, 1993, for fire protection services, which
contract is in writing and contains the full terms agreed to by the
parties.
Duly adopted this 20th day of September, 1993, by the
following vote:
AYES: Mrs. Monahan, Mrs. Goetz, Mr. Caimano, Mr. Tucker,
Mr. Brandt
NOES: None
ABSENT: None