276.2010 No Q. Fire Boat
RESOLUTION AUTHORIZING NORTH QUEENSBURY VOLUNTEER
FIRE COMPANY, INC.’S PURCHASE OF FIRE RESCUE BOAT AND
INCURRENCE OF DEBT FOR SUCH PURCHASE
RESOLUTION NO.: 276, 2010
INTRODUCED BY: Mr. Anthony Metivier
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Ronald Montesi
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
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WHEREAS, by letter received by the Town on July 28, 2010 and presented at this meeting,
the Fire Company advised the Town Board that it wishes to purchase a new Fire Rescue Boat to
replace its 1989 Fire Boat for a sum not to exceed $170,000, 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 Fire Rescue Boat by using $70,000 of
its fundraising funds and entering into a 72 month installment loan at five-percent (5%) financing with
Ballston Spa National Bank for the balance ($100,000), with loan payments to be made from the Fire
Company’s operating budget, such monies already included in the Fire Company’s approved 2010-
2011 budgets and Agreement with the Town, and
WHEREAS, the Town Board feels that this new Fire Rescue Boat will provide additional
safety protection for the Town and therefore the Town Board wishes to authorize such purchase and
incurrence of debt by the Fire Company,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby approves of the North
Queensbury Fire Company, Inc.’s purchase of a new Fire Rescue Boat to replace its 1989 Fire Boat for
a total amount not to exceed $170,000, and the Fire Company’s incurrence of $100,000 in debt for
such purchase, as delineated in the preambles of this Resolution, and
BE IT FURTHER,
RESOLVED, that the Town of Queensbury does not guarantee the debt with Ballston Spa
National Bank on behalf of the Fire Company, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor and/or
Town Budget Officer to take any necessary actions to effectuate the terms of this Resolution.
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Duly adopted this 2 day of August, 2010, by the following vote:
AYES : Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough, Mr. Brewer
NOES : None
ABSENT: None