219.2020 Engagement of Capital Markets Advisors, LLC
RESOLUTION AUTHORIZING ENGAGEMENT OF CAPITAL MARKETS
ADVISORS, LLC TO PROVIDE FINANCIAL ADVISORY SERVICES
RESOLUTION NO.: 219, 2020
INTRODUCED BY: Mr. Anthony Metivier
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. George Ferone
WHEREAS, by Resolution Nos.: 152,2018 and 131,2019, the Queensbury Town Board
authorized engagement of the services of Capital Markets Advisors, LLC (CMA), formerly known as
Environmental Capital LLC, to provide financial advisory services in conjunction with any bond issue
as well as continuing disclosure submission and general financial advisory services as requested and
directed by the Town, and
WHEREAS, CMA has offered to render financial advisory services to the Town in conjunction
with the Town’s 2020 Bonds for the amount of $12,500 as set forth in CMA’s May 6, 2020
engagement letter presented at this meeting, and
WHEREAS, the Town Budget Officer recommends the engagement of CMA,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes engagement of Capital
Markets Advisors, LLC (CMA) to provide financial advisory services to the Town in conjunction with
the Town’s 2020 Bonds as set forth in CMA’s May 6, 2020 engagement letter presented at this
meeting, and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs the Town Budget Officer to amend
the Town Budget and/or take any actions necessary to provide for payment of such services from the
appropriate Town account(s), and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to
execute the engagement letter in substantially the form presented at this meeting and the Town
Supervisor and/or Town Budget Officer to take any other actions necessary to effectuate the terms of
this Resolution.
th
Duly adopted this 15 day of June, 2020 by the following vote:
AYES: Mr. Strough, Mr. Metivier, Mr. Freer, Mr. Ferone
NOES: None
ABSENT: None