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320.2001 RESOLUTION AUTHORIZING EMPIRE STATE APPRAISAL CONSULTANTS, INC. TO ENGAGE SERVICES OF LEONARD VONA, CPA, CFE TO AUDIT RECORDS OF PYRAMID COMPANIES, INC. RESOLUTION NO.: 320, 2001 INTRODUCED BY: Mr. Daniel Stec WHO MOVED ITS ADOPTION SECONDED BY: Mr. Tim Brewer , WHEREAS Pyramid Companies, Inc., (Pyramid) has commenced litigation against the Town of Queensbury regarding real property tax assessments on the Aviation Mall for the years 1997 to 2000, and , WHEREAS by prior Resolution the Town Board authorized engagement of Empire State Appraisal Consultants, Inc. (ESAC) to provide necessary appraisal services to the Town in this litigation, and WHEREAS, it will be necessary to perform an audit of Pyramid’s accounts and records in order to assure the reasonable accuracy of the appraisals to be produced by ESAC, and WHEREAS, ESAC cannot itself provide the needed audit services, and WHEREAS, ESAC has recommended that the Town authorize ESAC to engage the services of Leonard W. Vona, CPA, CFE, to perform the necessary audit, and WHEREAS, Mr. Vona is a Certified Public Accountant and Certified Fraud Examiner with extensive professional credentials, and WHEREAS, ESAC has utilized the services of Mr. Vona in conducting audits in connection with the preparation of appraisals in other tax assessment litigation and has found his work to be of very high quality, and WHEREAS Mr. Vona proposes to conduct an audit of the accounts, books and records of Pyramid Companies for the purpose of assuring the reasonable accuracy of ESAC’s appraisal, and WHEREAS the cost of such audit services to be provided by Mr. Vona will be $120 per hour, not to exceed a maximum of $4,800 without further approval by this Board, with such costs to be shared equally with the Queensbury Union Free School District, and WHEREAS , the Queensbury Union Free School District has approved of ESAC engaging the services of Mr. Vona to perform the needed audit work on the stated terms and recommends that the Town similarly provide its approval, and WHEREAS the Assessor and Town Counsel recommend that ESAC be authorized to engage the services of Mr. Vona to provide the necessary audit services on the proposed terms, with the cost to be divided equally between the Town and the Queensbury Union Free School District, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby authorizes Empire State Appraisal Consultants, Inc. to engage the services of Leonard W. Vona, CPA, CFE, to audit the accounts, books and records of Pyramid Companies, Inc. in order to assure the reasonable accuracy of the appraisals of the Aviation Mall properties to be provided by ESAC, with the cost for such audit services to be $120 per hour, not to exceed a total of $4,800 without further approval of the Town Board, which costs shall be divided equally between the Town and the Queensbury Union Free School District, with the Town’s portion to be paid from the Assessor’s Department Article 7 Account No.: 001-1355-4740, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Assessor, Town Counsel and/or Town Supervisor to take any action necessary to effectuate the terms of this Resolution. th Duly adopted this 6 day of August, 2001, by the following vote: AYES : Mr. Turner, Mr. Stec, Mr. Brewer, Mr. Brower NOES : None ABSENT : Mr. Martin