Regular Fire Board Meeting - October 27, 2021

co-53-21_ Leveraging the Fund by way of guaranteeing loans, match funding, direct funding in part, and other weighted uses of the Fund, including loan financing from the Fund, for the purposes in S 2502(A) (I) , shall be favored over direct funding in whole . 12N.N.C. S 2502, as amended by CJA-03-18. The Sihasin Fund provides that "Fund Principal,, sha11 cons j-st of al-l deposits made to the Sihasin Fund and that ..Fund Income,, shalf consist of all earnings (int.erest, dividends, etc . ) generated and realized by the Fund principal , and that Fund Income shall be deposited in and added to Fund principal unt.il such t.ime as a Fund Expendit.ure pl_an is duly adopted. 12 N.N. C. SS 2s04 and 2505 (C) . SECTION TWO. FINDINGS Ganado Fire District is a political subdivision of the State of Arizona that provides emergency services to the Navajo Nation communities of Ganado, Steamboat, Kin Dah Llchii, , Klagetoh, Cornfields, Woodsprings, Cross Canyon, Beshbit.o, Toyei, and others. The Ganado Fire District has need for 92,644,380.00 worth of fire apparatus and rescue/medical transport uniE.s, to meet the fire and other emergency needs of the canado Chapter and surrounding Navajo Nation communities. Exhibit A. Ganado Fire District has provided a listing of its monthly activity statistics, as compared to those of the Navajo Nation Police Department, for the first seven months of 2O2O and aff of 2019. Exhibit B. These st.aEistics show an urgent. need. for the requested emergency vehicles. Ganado Fj-re District has provided iEs 201_9-2020 and its 202O- 2021 budgels. Exhibit C. These budgets show a shortfal-l, such that. the $2,644,380.00 in funding is needed to purchase the requested emergency vehicfes, C D Ganado Fire District has provided detailed descriptions of fire apparatus and rescue/medical transport units that it requesting. Exhibit D. the is The Navajo Nation Chapters of Ganado, Steamboat, Kin Dah Lichii', Kfagetoh, Cornfields, Jeddito, NazIini, Greasewood Springs, and the District L7 Council, have all adopted reso1utions supporting the request for funding for the purchase

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