310.2001
RESOLUTION AUTHORIZING ENGAGEMENT OF MILLER, MANNIX,
SCHACHNER & HAFNER, LLC AS BOND COUNSEL IN CONNECTION
WITH THE TOWN OF QUEENSBURY’S BORROWING FROM THE NEW
YORK STATE ENVIRONMENTAL FACILITIES CORPORATION FOR
THE ROUTE 9 SEWER DISTRICT EXTENSION
RESOLUTION NO.: 310, 2001
INTRODUCED BY: Mr. Daniel Stec
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. James Martin
WHEREAS, by Resolution No.: 283, 2001, the Queensbury Town Board authorized
engagement of Environmental Capital LLC to provide financial advisory services for the Town’s
borrowing from the Environmental Facilities Corporation (EFC) in connection with the Town’s
proposal to extend the Route 9 Sewer District, and
WHEREAS, the Town Board wishes to engage bond counsel in connection with the Town’s
borrowing from EFC, and
WHEREAS, by Resolution No.: 530, 2000 the Town Board engaged MILLER, MANNIX,
SCHACHNER & HAFNER, LLC (MMSH) to serve as Town Counsel and provide the Town with
legal services in a wide variety of matters including bond counsel services, and
WHEREAS, MMSH has substantial experience as Bond Counsel in municipal EFC financings,
and
WHEREAS, MMSH has offered to provide bond counsel services referenced in this
Resolution for a total fee not to exceed $7,000,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes engagement of MILLER,
MANNIX, SCHACHNER & HAFNER, LLC to serve as Bond Counsel as referenced above for an
amount not to exceed $7,000, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to
execute any documentation and take any action necessary to effectuate the terms of this Resolution,
and
BE IT FURTHER,
RESOLVED, that payment for these services shall be paid at or after the loan closing and shall
be charged to the Capital Project for the District Extension which will be established by the Town
Board when it approves engineering reports and authorizes the application for EFC loan funding.
rd
Duly adopted this 23 day of July, 2001, by the following vote:
AYES : Mr. Turner, Mr. Stec, Mr. Martin
NOES : Mr. Brower
ABSENT:Mr. Brewer