2.02 2.2
FIRE AND RESCUE\WGF Emergency-Approve Lease Purchase for Life-Packs&Move of$-No PH Needed—5-20-13
RESOLUTION AUTHORIZING LEASE-PURCHASE AGREEMENT
BETWEEN WEST GLENS FALLS EMERGENCY SQUAD, INC. AND
PHYSIO-CONTROL, INC. FOR LIFE-PAK 15 DEFIBRILLATORS
RESOLUTION NO.: ___92013
INTRODUCED BY:
WHO MOVED ITS ADOPTION
SECONDED BY:
WHEREAS, the Town of Queensbury and the West Glens Falls Emergency Squad, Inc.
(Squad) have entered into an Agreement for emergency protection services, which Agreement sets
forth a number of terms and conditions including a condition that the Squad 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 Squad to acquire a loan or mortgage or use money
placed in a"vehicles fund"without prior approval of the Queensbury Town Board, and
WHEREAS, such Agreement also provides that the Squad will use the monies provided in the
Agreement in accordance with the budget submitted by the Squad and attached as Exhibit A, with the
Squad to move funds as necessary between expense categories within the operating expenses;
however, the Squad cannot move funds as necessary between restricted categories such as insurance,
debt and vehicle funds without Town Board approval, and
WHEREAS, the Squad has advised the Town Board that it wishes to enter into a 60 month
Lease-Purchase Agreement with Physio-Control, Inc. (Lease-Purchase) for Life-Pak 15 Defibrillators
(Life-Paks) for a total amount of approximately $94,341.20 or a monthly payment of approximately
$1,768.90, and
WHEREAS,the Squad recently renewed its variable interest rate building loan and accordingly
will save approximately $2,025 monthly and so although moneys for such Life-Pales are allotted in the
Squad's 2013 and 2014 Budgets, the Squad requires Town Board authorization to transfer moneys
from its mortgage debt service line to its operating expenses line to provide for its Lease-Purchase
payments, and
WHEREAS, such Lease-Purchase will not increase the dollar amount in the Squad's 2013 and
2014 Budgets and the Town Board agrees that such Lease-Purchase would positively benefit the
Squad, other EMS agencies and ultimately the citizens of the Town of Queensbury, and
WHEREAS, the Town Board has also determined that it is financially beneficial and in the
public interest to authorize the request to move funds,
NOW,THEREFORE,BE IT
RESOLVED, that the Queensbury Town Board hereby approves and authorizes the West
Glens Falls Emergency Squad, Inc.'s 60 month Lease-Purchase Agreement with Physio-Control, Inc.
for Life-Pak 15 defibrillators (Life-Pales) for the total amount of approximately $94,341.20 or a
monthly payment of approximately $1,768.90 and further authorizes that moneys shall be transferred
from the Squad's mortgage debt service line to its operations expenses line to provide for such Lease-
Purchase as generally set forth in the preambles of this Resolution, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor and/or
Budget Officer to take any and all action necessary to effectuate the terms of this Resolution.
Duly adopted this 20"'day of May, 2013,by the following vote:
AYES
NOES
ABSENT: