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708.91 RESOLUTION AUTHORIZING SETTLEMENT NEGOTIATIONS RESOLUTION NO.:708, 1991 INTRODUCED BY: Mrs. Marilyn Potenza WHO MOVED ITS ADOPTION SECONDED BY: Mr. George Kurosaka WHEREAS, the Town of Queensbury, during 1988, arranged for the repainting of the Gurney Lane Water Storage Tank, and WHEREAS, after the aforesaid tank was repainted, the Town of Queensbury had an inspection performed and was not satisfied with the condition of the tank at that time, and WHEREAS, the Town of Queensbury has made claim to the parties involved in the repainting project, and WHEREAS, the Town Attorney, working with the lawfirm of Tabner & Laudato are in the process of negotiating a settlement, which settlement would be generally as presented in the annexed document, NOW, THEREFORE, BE IT RESOLVED, that the Town Board of the Town of Queensbury hereby generally approves of the terms and provisions set forth in said settlement, with the understanding that the same may be changed as negotiations are completed, and hereby further authorizes the Town Attorney, Paul B. Dusek, and Tabner & Laudato, of Counsel, to work to generally resolve the claims of the Town of Queensbury in the fashion set forth in the proposed settlement agreement or in a fashion similar thereto, and BE IT FURTHER, RESOLVED, that the Town Attorney, or Tabner & Laudato are authorized to stipulate to discontinue any claims that may have been filed by the Town of Queensbury once the settlement has been finalized. Duly adopted this 30th day of December, 1991, by the following vote: AYES: Mr. Kurosaka, Mrs. Potenza, Mrs. Monahan, Mr. Borgos NOES: None ABSENT:Mr. Montesi