I-4 - Resolution 2022-059 - Completing Financial Obligations of the Tiffin Fire Transition Agreement

CITY OF TIFFIN RESOLUTION 2022-059 A RESOLUTION COMPLETING THE FINANCIAL OBLIGATION OF THE CITY OF TIFFIN TO THE TIFFIN FIRE ASSOCIATION IN RESPECT TO THE PAYMENT OF DEBT FOR THE CURRENT PUMPER TRUCK Whereas, the Tiffin City Council approved an agreement and contract for Fire, Rescue and EMS Services with the Tiffin Fire Association, better known as the Transition Agreement, at the May 18, 2021, council meeting; and, Whereas, the transition agreement stated the process and various changes that would take place during the timeframe in which the Tiffin Fire Association would transition to become a city department under the Tiffin City Council; and, Whereas, one of the items within the transition agreement is the Responsibility for Existing Obligations, stating the City shall pay off debt of the Association which is now approximately in the amount of $400,000 for a pumper truck, Now, therefore be it resolved, that in exchange for the transfer of all assets, accounts and other items according to the Transition Agreement, the City Council of the City of Tiffin, Iowa, on July 1, 2022, or as close to that date as possible, shall pay off the debt on the pumper truck. On this 21st day of June, 2022, at a regular meeting of Tiffin City Council, Tiffin, Iowa, Councilperson _____ introduced RESOLUTION 2022-059, A RESOLUTION COMPLETING THE FINANCIAL OBLIGATION OF THE CITY OF TIFFIN TO THE TIFFIN FIRE ASSOCIATION IN RESPECT TO THE PAYMENT OF DEBT FOR THE CURRENT PUMPER TRUCK and made a motion for approval. The motion was seconded by Councilperson _____. Ayes: Nays: Absent: Whereupon _____ Council members were present and voted approval and Mayor Berner declared that the RESOLUTION NO. 2022-059, A RESOLUTION COMPLETING THE FINANCIAL OBLIGATION OF THE CITY OF TIFFIN TO THE TIFFIN FIRE ASSOCIATION IN RESPECT TO THE PAYMENT OF DEBT FOR THE CURRENT PUMPER TRUCK to be adopted and signified his approval of the same by affixing his signature thereto. Passed by the City Council on the 21st day of June, 2022. City of Tiffin ____________________________ Steven L. Berner, Mayor ATTEST: ________________________________ Abigail Hora, City Clerk