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552.95 RESOLUTION APPROVING FIRE COMPANY EQUIPMENT PURCHASE RESOLUTION NO. 552, 95 INTRODUCED BY: Mrs. Connie Goedert WHO MOVED FOR ITS ADOPTION SECONDED BY: Mrs. Carol Pulver WHEREAS, the Town of Queensbury and the Queensbury Central Volunteer Fire Company, Inc., have entered into an agreement for fire protection services dated December 30, 1994, and such agreement is still in full force and effect, and WHEREAS, said agreement sets forth a number of terms and conditions, including an agreement that the Fire Company would not purchase or enter into any binding contract to purchase any piece of apparatus, equipment, vehicles, real property, or make any improvements thereon, that would require the Fire Company to acquire a loan or mortgage, without prior approval of the Town Board of the Town of Queensbury, and WHEREAS, the Treasurer of the Queensbury Central Volunteer Fire Company, Inc., has indicated the Company's desire to purchase a 1995 HME Chassis - Salisbury Body Fire Truck, for the approximate sum of $204,000.00, and WHEREAS, it is the understanding of the Town Board of the Town of Queensbury that a portion of the sum of money, not to exceed $30,000., involved for the purchase will be funded through a loan agreement to be executed with a local banking institution, NOW, THEREFORE, BE IT RESOLVED, that the Town Board of the Town of Queensbury hereby approves the purchase of the 1995 HME Chassis - Salisbury Body Fire Truck for the approximate sum of $204,000.00 by the Queensbury Central Volunteer Fire Company, Inc., provided, however, that the Town Board of the Town of Queensbury 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 referred to herein. Duly adopted this 6th day of November, 1995, by the following vote: AYES : Mrs. Monahan, Mr. Turner, Mrs. Goedert, Mrs. Pulver, Mr. Champagne NOES : None ABSENT: None