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4.37 4.37 FIRE AND RESCUE\\West Glens Falls Fire - Set Public Hearing on Tax Exempt Loan for Pumper Truck Purchase – 1-1-2021 RESOLUTION SETTING PUBLIC HEARING ON WEST GLENS FALLS VOLUNTEER FIRE COMPANY, INC.’S PROPOSAL TO USE TAX-EXEMPT FINANCING FOR THE PURCHASE OF A PIERCE PUMPER TRUCK RESOLUTION NO.: ______________________________________________________, 2021 INTRODUCED BY: ______________________________________________________ WHO MOVED ITS ADOPTION SECONDED BY: ________________________________________________________ WHEREAS, the Town of Queensbury and the West Glens Falls 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 previously advised the Town Board that it wishes to purchase a 2020 Pierce Pumper Truck (Truck) to replace its year 2001 American LaFrance Pumper Truck with approximately 43,000 miles, for a sum not to exceed $912,000, such purchase 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 Truck will be owned and used by the Fire Company to provide fire protection to the Town and it will be maintained at its firehouse located at 33 Luzerne Road in the Town of Queensbury, and WHEREAS, by Town Board Resolution No.: 80.2020, the Town Board approved such Truck purchase, and WHEREAS, the Fire Company has now advised the Town Board that it wishes to pay for the Truck by the Fire Company’s incurrence of up to $912,000 maximum amount of tax-exempt financing with the Glens Falls National Bank and Trust Company, and WHEREAS, the Town Board wishes to set a public hearing regarding the Fire Company’s proposed tax-exempt financing as required under the Internal Revenue Code, and NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board shall conduct a public hearing concerning West Glens Falls Volunteer Fire Co., Inc.’s proposed financing of its proposed Truck purchase by th using tax-exempt financing as delineated in the preambles of this Resolution on Monday, January 25, 2021 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. st Duly adopted this 1 day of January, 2021, by the following vote: AYES : NOES : ABSENT: • RESOLUTION AUTHORIZING WEST GLENS FALLS VOLUNTEER FIRE COMPANY, INC.'S PURCHASE OF NEW PUMPER TRUCK RESOLUTION NO.: 80,2020 INTRODUCED BY: Mr.Anthony Metivier WHO MOVED ITS ADOPTION SECONDED BY: Mr. George Ferone WHEREAS, the Town of Queensbury and the West Glens Falls Volunteer Fire Company, Inc. (Fire Company) have entered into an Agreement for Fire Protection Services for 2020-2022 (Agreement), 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 2020 Pierce Pumper Truck(Truck) to replace its year 2001 American LaFrance Pumper Truck with approximately 43,000 miles, for a sum not to exceed $912,000, such purchase 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 making payments for the Truck by using funds from its restricted vehicles fund account, such monies included in the Fire Company's approved budget and Agreement,and WHEREAS, the Town Board feels that this new Truck will provide additional safety protection for the Town and therefore the Town Board wishes to authorize such purchase, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves of the West Glens Falls Volunteer Fire Company, Inc.'s purchase of a 2020 Pierce Pumper Truck for an amount not to exceed$912,000, with payments to be from the Fire Company's restricted vehicles fund, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Budget Officer to take any and all action necessary to effectuate the terms of this Resolution. Duly adopted this l0th day of February, 2020, by the following vote: AYES: Mr. Strough, Mr. Metivier,Mr. Freer, Mr. Ferone NOES: None ABSENT: Mrs. Switzer o r FIRE\West Glens Falls Fire Tax Exempt Financing For Truck Purchase--1-25-2021 NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN IN ACCORDANCE WITH A RESOLUTION ADOPTED BY THE QUEENSBURY TOWN BOARD ON MONDAY, JANUARY 1ST, 2021, THAT THE TOWN BOARD WILL CONDUCT A PUBLIC HEARING ON MONDAY, JANUARY 25TH, 2021 AT 7:00 P.M. AT THE QUEENSBURY ACTIVITIES CENTER, 742 BAY ROAD, QUEENSBURY, NEW YORK TO CONSIDER THE WEST GLENS FALLS VOLUNTEER FIRE COMPANY, INC.'S PROPOSAL TO PURCHASE A 2020 PIERCE PUMPER TRUCK(TRUCK) FOR A SUM NOT TO EXCEED $912,000 AND THE FIRE COMPANY'S TAX-EXEMPT FINANCING FOR SUCH PURCHASE. THE FIRE COMPANY PLANS TO REPLACE A PIECE OF APPARATUS AND FINANCE THE NEW TRUCK WITH A TAX-EXEMPT LOAN WITH A FINANCING TERM TO BE LESS THAN THE ESTIMATED USEFUL LIFE OF THE VEHICLE. THE AREA PROTECTED BY THE FIRE COMPANY IS ALL OF THE GEOGRAPHICAL TERRITORY OF THE TOWN OF QUEENSBURY SET FORTH IN THE CURRENT FIRE PROTECTION SERVICES AGREEMENT BETWEEN THE TOWN OF QUEENSBURY AND THE FIRE COMPANY. THE FIRE COMPANY WOULD BE THE OWNER OF THE TRUCK TO BE MAINTAINED AT ITS FIRE HOUSE LOCATED AT 33 LUZERNE ROAD, TOWN OF QUEENSBURY,NEW YORK. ALL PARTIES IN INTEREST WILL BE GIVEN THE OPPORTUNITY TO BE HEARD AND INFORMATION CONCERNING THE PROPOSED PURCHASE IS ON FILE WITH THE TOWN OF QUEENSBURY AND MAY BE AVAILABLE FOR INSPECTION UPON CONTACTING THE TOWN CLERK'S OFFICE 742 BAY ROAD, QUEENSBURY,NEW YORK AT(518) 761-8234. BY ORDER OF THE QUEENSBURY TOWN BOARD. PUBLICATION DATE: ,2021 CAROLINE H. BARBER TOWN CLERK TOWN OF QUEENSBURY