123.2005
RESOLUTION AUTHORIZING AGREEMENT BETWEEN
TOWN OF QUEENSBURY AND WARREN COUNTY ECONOMIC
DEVELOPMENT CORPORATION
RESOLUTION NO. 123, 2005
INTRODUCED BY: Mr. Daniel Stec
WHO MOVED FOR ITS ADOPTION
SECONDED BY: Mr. John Strough
WHEREAS, the Town and the Warren County Economic Development Corporation
(WCEDC) recognize the need to revitalize the local economy by increasing the number of jobs for
Town residents by attracting high technology and other industries to the area, and
WHEREAS, in accordance with the Not-for-Profit Corporation Law §1411(a) and
WCEDC’s Certificate of Incorporation, the purposes of the WCEDC are the exclusively
charitable or public purposes of relieving and reducing unemployment, promoting and providing
for additional and maximum employment, bettering and maintaining job opportunities, instructing
or training individuals to improve or develop their capabilities for such jobs, carrying on scientific
research for the purpose of aiding a community or geographical area by attracting new industry to
the community or area or by encouraging the development of, or retention of, an industry in the
community or area, and lessening the burdens of government and acting in the public interest, and
WHEREAS, the Not-for-Profit Corporation Law specifically finds that corporations
organized under §1411 perform an essential governmental function, and
WHEREAS, the Town Board strongly supports WCEDC’s important mission to improve
employment opportunities and economic development in the Town, and
WHEREAS, the Town wishes to enter into an agreement with WCEDC and a proposed
agreement has been presented at this meeting in form approved by Town Counsel,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby approves and authorizes the
Agreement with the Warren County Economic Development Corporation presented at this meeting
with funding in the amount of $128,000 to be paid for from the appropriate account, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to
execute the Agreement and the Town Supervisor and/or Budget Officer to take such other and further
action as may be necessary to effectuate the terms of this Resolution.
th
Duly adopted this 28 day of February, 2005 by the following vote:
AYES : Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Boor, Mr. Turner
NOES : None
ABSENT: None