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HomeMy Public PortalAbout04-2001-4 SC&tED RESOLUTION 2001-4 A RESOLUTION AUTHORIZING LOAN FOR GREENCASTLE FIRE DEPARTMENT PUMPER TRUCK PURCHASE FROM INDUSTRIAL DEVELOPMENT FUNDS WHEREAS, the Greencastle Fire Department needs $50,000.00 to assist in the purchase of a $320,000.00 Pierce pumper tuck in order to replace a twenty-five year old truck; and WHEREAS, the Greencastle Fire Department has received assistance in the purchase of the truck from DePauw University, Happico, Heartland Automotive, Lone Star Industries and North American Capacitor; and WHEREAS, the Greencastle Fire Department Cumulative Fund has provided $120,000.00 toward the purchase, and WHEREAS, Greencastle Township has agreed to contribute $50,000.00 by December 31, 2001, but not upon delivery of the pumper truck; and WHEREAS, funding for the remaining $50,000.00 shall be through a loan from the Industrial Development Fund, such loan to be repaid upon receipt of the $50,000.00 contribution by Greencastle Township. Full repayment shall be made no later than December 31, 2001. No interest will be paid. NOW THEREFORE BE IT RESOLVED THAT THE GREENCASTLE COMMON COUNCIL by its Resolution authorize a loan with the above restrictions in the amount of$50,000.00 for the purpose of assisting in the purchase of a Pierce pumper truck for the Greencastle Fire Department. PASSED AND RESOLVED by the Greencastle Common Council this 21st day of February 2001. GREENCASTLE COMMON COUNCIL Thomas Roach Joe Liecht Ma Hammer Mi e Rokicki Norman Crampton Approved and signed by me this 21st day of February 2001, at V!0 5— o'clock p.m. Nancy A. Mic zael, Mayor ATTEST VIrkz—a Pamela S. Jones, Clerk- re rer CACFID RESOLUTION NO. 2001-1 A RESOLUTION AUTHORIZING LOAN FOR GREENCASTLE FIRE DEPARTMENT PUMPER TRUCK PURCHASE FROM INDUSTRIAL DEVELOPMENT FUNDS WHEREAS, the Greencastle Fire Department needs $50,000.00 to assist in the purchase of a $320,000.00 Pierce pumper truck in order to replace a twenty-five year old truck; and WHEREAS,the Greencastle Fire Department has received assistance in the purchase of the truck from DePauw University, Happico, Heartland Automotive, Lone Star.Industries, and North American Capacitor; and WHEREAS, the Greencastle Fire Department Cumulative Fund has provided$120,000.00 toward the purchase, and WHEREAS, Greencastle Township has agreed to contribute $50,000.00 by December 31, 2001, but not upon delivery of the pumper truck; and WHEREAS,funding for the remaining$50,000.00 shall be through a loan from the Industrial Development Fund, such loan to be repaid upon receipt of the $50,000.00 contribution by Greencastle Township. Full repayment shall be made no later than December 31,2001. No interest will be paid. n NOW THEREFORE BE IT RESOLVED THAT THE CITT7ENS ADVISORY COMMISSION FOR INDUSTRIAL DEVELOPMENT by its Resolution authorize a loan with the above restrictions in the amount of$50,000.00 for the purpose of assisting in the purchase of a Pierce pumper truck for the Greencastle Fire Department. PASSED AND RESOLVED by the Citizens Advisory Commission for Industrial Development at its regular meeting this 7th day of February 2001. CITIZENS ADVISORY COMMISSION FOR INDUSTRIAL DEVELOPMENT (CACFID) Cp) Robert E. Hutchmgs, a Nancy A, ichael, Mayor ( f � Gar, H ber Gary Pershing' try / ({�/ Dav'd Murray Ter Osbo-ie corlcacres01-01.1ah