258.2020 Setting PH on Bay Ridge Vol Fire Co. Proposal to Purchase a 2021 Chev Rescue Utility Vehicle and Use Tax-Exempt Financing
RESOLUTION SETTING PUBLIC HEARING ON BAY RIDGE
VOLUNTEER FIRE COMPANY, INC.’S PROPOSAL TO PURCHASE A 2021
CHEVROLET RESCUE UTILITY VEHICLE AND USE TAX-EXEMPT
FINANCING FOR SUCH PURCHASE
RESOLUTION NO.: 258, 2020
INTRODUCED BY: Mr. Anthony Metivier
WHO MOVED ITS ADOPTION
SECONDED BY: Mrs. Amanda Magee
WHEREAS, the Town of Queensbury and the Bay Ridge 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 purchase a
2021 Chevrolet Rescue Utility Vehicle (Vehicle) to replace its 1997 Ford Rescue Utility Vehicle
for a purchase price not to exceed $90,000, such purchase already included in the Fire Company’s
five (5) year capital plan that forecasts future capital needs and expenditures, including anticipated
vehicles, equipment, tools, other apparatus, facilities or improvements to facilities to be used for
firematic purposes, and
WHEREAS, the Fire Company plans on paying for the proposed, new Vehicle by up to
$90,000 maximum amount of tax-exempt financing, and
WHEREAS, proceeds from the sales of the Fire Company’s replaced apparatus (the 1997
Ford Rescue Utility Vehicle) would be placed either: 1) against the principal of the new, proposed
Vehicle and/or 2) toward other Fire Company debt, and
WHEREAS, once the new Vehicle is placed into service, the Fire Company will remove the
replaced apparatus from service and sell it, and will sell it after all potential warranty/service issues are
resolved with the new Vehicle, and
WHEREAS, the Town Board wishes to set a public hearing concerning the Fire Company’s
proposed purchase, as Town Board approval of such proposed purchase is required by the Fire
Company’s Agreement with the Town and such proposed tax-exempt financing requires a public
hearing under the Internal Revenue Code, and
WHEREAS, the Vehicle will be owned and used by the Fire Company to provide fire
protection to the Town and maintained at its firehouse located at 1080 Bay Road in the Town of
Queensbury,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board shall conduct a public hearing concerning Bay
Ridge Volunteer Fire Co., Inc.’s proposed Vehicle purchase delineated in the preambles of this
Resolution and the financing of such proposed purchase using tax-exempt financing, on Monday,
th
September 14, 2020 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 fourteen (14) days prior
to the Public Hearing.
rd
Duly adopted this 3 day of August, 2020, by the following vote:
AYES : Mr. Metivier, Mr. Freer, Mr. Ferone, Mrs. Magee, Mr. Strough
NOES : None
ABSENT: None