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424.2002 RESOLUTION AUTHORIZING ADDENDUM TO QUEENSBURY PARTNERS PLANNED UNIT DEVELOPMENT AGREEMENT RESOLUTION NO.: 424, 2002 INTRODUCED BY: Mr. Tim Brewer WHO MOVED ITS ADOPTION SECONDED BY: Mr. Roger Boor WHEREAS, by Resolution No.: 395,2000 the Queensbury Town Board approved The Meadows Planned Unit Development (PUD) subject to execution of a Planned Unit Development Agreement by the Town, Bay Meadows Corporation (Owners) and Queensbury Partners L.P. (Developers), and WHEREAS, by Resolution No.: 402,2002 the Town Board approved the Queensbury Partners Planned Unit Development Agreement between the Town, Owners and Developers, and WHEREAS, the Town, Owners and Developers have reached an agreement concerning an Addendum to such PUD Agreement concerning the Owners and Developers’ offer to donate a four (4) acre parcel to the Town to be used for open space and/or recreational areas for the public, and WHEREAS, a copy of the proposed Addendum to the PUD Agreement has been presented at this meeting and is in form approved by the Town’s Director of Community Development and Town Counsel, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves of the Addendum to the The Queensbury Partners Planned Unit Development Agreement between the Town, Bay Meadows Corporation and L.P. as presented at this meeting, and BE IT FURTHER, RESOLVED, that the Town Board hereby authorizes and directs the Town Supervisor to execute the Addendum to Agreement and take such other and further action necessary to effectuate the terms of this Resolution. st Duly adopted this 21 day of October, 2002, by the following vote: AYES : Mr. Turner, Mr. Stec, Mr. Brewer, Mr. Brower, Mr. Boor NOES : None ABSENT: None 2