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030.2008 RESOLUTION AUTHORIZING AGREEMENT BETWEEN TOWN OF QUEENSBURY AND GLENS FALLS SOAP BOX DERBY RESOLUTION NO.: 30, 2008 INTRODUCED BY: Mr. Tim Brewer WHO MOVED ITS ADOPTION SECONDED BY: Mr. John Strough WHEREAS, by Resolution No.: 484,2007, the Queensbury Town Board provided for the Town’s receipt of occupancy tax revenues from Warren County in accordance with the Local Tourism Promotion and Convention Development Agreement (Agreement) entered into between the Town and Warren County, and WHEREAS, the Agreement provides that specific expenditure of the funds provided under the Agreement are subject to further Resolution of the Queensbury Town Board, and WHEREAS, the Town Board wishes to provide funding to the Glens Falls Soap Box Derby in the amount of $5,000 with occupancy tax revenues received from Warren County and accordingly th enter into an agreement with the Glens Falls Soap Box Derby for the promotion of the 6 Annual Soap Box Derby in the City of Glens Falls in June, 2008, and WHEREAS, a proposed agreement has been presented at this meeting, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves the Agreement between the Town and the Glens Falls Soap Box Derby substantially in the form presented at this meeting and authorizes and directs the Town Supervisor to execute the Agreement, with funding for the Agreement not exceeding the sum of $5,000 and to be provided by occupancy tax revenues the Town receives from Warren County, to be paid for from the appropriate account as will be determined by the Town Supervisor and/or Town Fiscal Manager/Budget Officer, and BE IT FURTHER, RESOLVED, that such Agreement is expressly contingent upon the Town Fiscal Manager/Budget Officer confirming that the Town has unallocated occupancy tax funds available from Warren County. st Duly adopted this 1 day of January, 2008, by the following vote: AYES : Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough, Mr. Brewer NOES : None ABSENT: None