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339.93 RESOLUTION AUTHORIZING SETTLEMENT OF ACTION RESOLUTION NO. 339, 93 INTRODUCED BY: Mr. Michel Brandt WHO MOVED ITS ADOPTION SECONDED BY: Mr. Nick Caimano WHEREAS, the Town of Queensbury maintained an action against Mechanical Electrical Systems, Inc., and WHEREAS, the Town Board has reviewed the action with the Town Attorney, together with the offer of settlement by Mechanical Electrical Systems, Inc. in the amount of $4,000.00, NOW, THEREFORE, BE IT RESOLVED, that the Town Board of the Town of Queensbury hereby authorizes the Town Supervisor and Town Attorney to arrange for settlement and discontinuance of the action based upon the $4,000.00 payment by Mechanical Electrical Systems and hereby further authorizes the Town Supervisor to execute a limited Release and authorizes the Town Attorney to execute a Stipulation Discontinuing the Action and file such papers with the Supreme Court. Duly adopted this 7th day of June, l993, by the following vote: AYES: Mrs. Goetz, Mr. Caimano, Mrs. Monahan, Mr. Brandt NOES: None ABSENT:None ABSTAIN:Mr. Tucker