2018-02-06 Renan VFD Financing - tax exempt status
Pittsylvania County Board of Supervisors
RESOLUTION
2018-02-06
VIRGINIA: At the regularly scheduled business meeting of the Pittsylvania County Board of Supervisors
held on February 20, 2018, in the General District Courtroom of the Edwin R. Shields Courthouse Addition,
the following Resolution was presented and adopted:
WHERAS, the Pittsylvania County Board of Supervisors under the United States Internal Revenue
Code receives a $10-million dollar allocation for tax exempt bonds each year beginning January 1; and
WHEREAS, the tax exempt bonds cover boards, agencies and commissions under the Board of
Supervisors; and
WHEREAS, the Renan Volunteer Fire Department is an authorized Volunteer Fire Department
identified in Section 31-2:1 of the Pittsylvania County Code, authorizing them to participate in financing on
tax exempt status for equipment utilized by the Volunteer Fire Department for public use; and
WHEREAS, the Renan Volunteer Fire Department has held a public hearing on Wednesday,
February 14, 2018 on the tax-exempt financing after publishing the required notice by code; then
BE IT HEREBY RESOLVED, that the Pittsylvania County Board of Supervisors hereby approves
the Renan Volunteer Fire Department entering into a financial agreement as required under the United States
Internal Revenue Code for financing to be carried out on a tax exempt basis in the amount not to exceed
$170,000.00.00 to finance one (1) 2017 Pierce Responder Multi- Pumper Mounted on a 2017 Freightliner
Chassis; and
BE IT FURTHER RESOLVED that a copy of this resolution be forwarded to the Renan Volunteer
Fire Department in order to supplement their financing requirements.
Given under my hand this 20th day of February, 2018.
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Robert W. “Bob” Warren, Chairman
Pittsylvania County Board of Supervisors
_________________________________
David M. Smitherman, Clerk
Pittsylvania County Board of Supervisors