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2020-09-06 Supporting Gretna Fire and Rescue's Utilization of Tax Exempt Financing PITTSYLVANIA COUNTY BOARD OF SUPERVISORS RESOLUTION # 2020-09-06 RESOLUTION SUPPORTING GRETNA FIRE AND RESCUE'S UTILIZATION OF TAX-EXEMPT FINANCING VIRGINIA: At a meeting to the Pittsylvania County Board of Supervisors ("Board") on Tuesday, September 15, 2020, at the Chatham Community Center, Gallery Room, 115, Center Street, Chatham, Virginia 24531, the following Resolution was presented and adopted: WHEREAS, the Board, under the United States Internal Revenue ("IRS") Code, receives a ten (10) million-dollar allocation for tax exempt bonds each year beginning January 1; and WHEREAS, said tax-exempt bonds cover boards, agencies, and commissions serving under or at the Board's authorization; and WHEREAS, Gretna Fire and Rescue Department("Gretna") is an authorized Volunteer Fire and Rescue Department identified in Pittsylvania County Code §§ 31-2.1 and 31.2a; thereby, authorizing it to participate in tax-exempt financing for equipment utilized by it for a public use; and WHEREAS, Gretna desires to utilize tax-exempt bonds in an amount not to exceed $304,000.00 to finance, for public purpose and use,the purchase of one (1)2020 Ram 5500 Road Rescue Ambulance; and WHEREAS, Gretna held a public hearing on August 31, 2020, on the potential utilization of said tax- exempt financing, after legally publishing the notice as required by IRS Code. NOW, THEREFORE, BE IT HEREBY RESOLVED, that the Board hereby approves Gretna's utilization of tax-exempt bonds for financing in an amount not to exceed $304,000.00 to finance, for public purpose and use, the purchase of one (1) 2020 Ram 5500 Road Rescue Ambulance; and BE IT FURTHER RESOLVED,that a copy of this Resolution be forwarded to Gretna to supplement its financing requirements. Given under my hand this 15`h day of September, 2020. - zit _;, Robert("Bob") W. Warren, Chairman ,, Pittsylvania Co - - Board of Supervisors ,or. _ 'd . m rman, CIerk Pittsylvania County Board of Supervisors