|
Station
Renovation/Addition Information
 
   
 
   
 
 .jpg)
 
 
To the residents of Niskayuna Fire District
No.1:
Our fire district is currently implementing
a long needed infrastructure improvement.
This improvement is thanks to your
overwhelming support. The approved bond will
support the refurbishment and addition to
the current Balltown Road fire station with
the end product allowing our district to be
protected by a new state of the art building
with the most capable fire and E.M.S.
equipment.
We are thrilled that the strength of our
district was elemental in
securing one of the lowest interest rates
ever for a bond of this type. Our obligation
on our bond has an interest rate of 2.595%
which is well below the anticipated 4.45% we
discussed during our public meetings.
This lower interest rate will translate into
a relative savings of $781,500 of interest
over the life of the bond as we fulfill our
obligation. The investment our
district is making over the next 15 years
will be well worth the effort.
Given the increased burden we face together,
we have made every effort to minimize the
necessary operational budget increases for
the coming year. For the coming budget year
we have honed our necessary operational
obligations to keep our operational budget
growth to 2.23% for the 2011 budget year.
When combined with the new bond obligations
for 2011, the NFD 1 taxpayer should expect
an increase of 17.3%.
The efforts we make together will help to
keep our Fire district functioning at a
state of the art level for decades to come.
We encourage your questions on the building
project or any aspect of the fire districts
capabilities.
As we embark upon the upcoming building
project we plan to update this web page with
information and photos as the project
moves along.
We thank you for your support and welcome
any email comments at
nfd1chief@niskayunafire1.org.
In sincere appreciation of your support,
The Niskayuna Fire District 1
Asbestos
Abatement
Demolition
|
