152.2018 Authorizing Engagement of Environmental Capital LLC RESOLUTION AUTHORIZING ENGAGEMENT OF ENVIRONMENTAL
CAPITAL LLC TO PROVIDE FINANCIAL ADVISORY SERVICES
RESOLUTION NO.: 152,2018
INTRODUCED BY: Mr.Anthony Metivier
WHO MOVED ITS ADOPTION
SECONDED BY: Mrs. Catherine Atherden
WHEREAS, the Queensbury Town Board has previously engaged the services of
Environmental Capital LLC to provide financial advisory services in conjunction with any bond issue as
well as continuing disclosure submission and general financial advisory services as requested and
directed by the Town, and
WHEREAS, Environmental Capital LLC has offered to render these services at an hourly rate
scale depending on the staff requirements of$175 - $250 per hour, plus documented out-of-pocket
expenses, and
WHEREAS, the Town Budget Officer recommends the engagement of Environmental Capital
LLC,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes engagement of
Environmental Capital LLC to provide the financial advisory services delineated in the preambles of
this Resolution and as set forth in their March 30'b engagement letter presented at this meeting, and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs the Town Budget Officer to amend
the Town Budget and/or take any actions necessary to provide for payment of such services from the
appropriate Town account(s), and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to
execute the engagement letter in substantially the form presented at this meeting and the Town
Supervisor and/or Town Budget Officer to take any other actions necessary to effectuate the terms of
this Resolution.
Duly adopted this 16ffi day of April, 2018 by the following vote:
AYES Mrs. Switzer, Mr. Strough, Mr. Metivier, Mrs. Atherden, Mr. Ferone
NOES None
ABSENT: None