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404.2005 RESOLUTION AUTHORIZING WARREN COUNTY TO RETAIN SALES TAX REVENUES AND OFFSET PROPERTY TAXES ON PORTION OF TOWN OF QUEENSBURY LOCATED OUTSIDE OF ANY VILLAGE LOCATED WHOLLY OR PARTIALLY WITHIN TOWN OF QUEENSBURY RESOLUTION NO.: 404, 2005 INTRODUCED BY: Mr. Daniel G. Stec WHO MOVED ITS ADOPTION SECONDED BY : Mr. Tim Brewer th WHEREAS, on August 15, 2005, the Queensbury Town Board adopted Resolution No.: 403, 2005, which provided that Warren County would retain $2.5 million in Warren County sales tax revenues allocated to the Town of Queensbury in 2006, and WHEREAS, if there is a Village located wholly or partially within the Town of Queensbury, such reduction of 2006 County property taxes due to such Resolution shall be applied only to the portion of the Town of Queensbury located outside of the Village, just as the Town of Lake George does with respect to Lake George Village, NOW, THEREFORE, BE IT RESOLVED, that if the Town of Queensbury has a Village partially or wholly st located within its bounds as of December 31, 2005, then such retained Warren County sales tax revenues shall reduce the annual 2006 County property tax only on real property in the Town of Queensbury located outside such Village, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Clerk to file a certified copy of this Resolution with Warren County’s Chief Fiscal Officer by st mailing such Resolution by registered or certified mail before September 1, 2005 in order to take effect for the calendar year 2006, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Clerk, Town Supervisor and/or Town Budget Officer to provide any other required st documentation to Warren County prior to September 1, 2005 and take any and all other action necessary to effectuate all terms of this Resolution. th Duly adopted this 15 day of August, 2005, by the following vote: AYES : Mr. Turner, Mr. Brewer, Mr. Stec NOES : Mr. Boor, Mr. Strough ABSENT: None