252.94
y RESOLUTION APPOINTING HODGSON, RUSS, ANDREWS, WOODS & GOODYEAR
AS BOND COUNSEL & FISCAL ADVISOR FOR THE WATER TREATMENT PLANT
EXPANSION PROJECT
RESOLUTION NO. 252, 94
INTRODUCED BY: Mrs. Carol Pulver
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Nick Caimano
WHEREAS, the Town Board of the Town of Queensbury, Warren
County, New York (the "Town") is planning to undertake a project
consisting of the expansion of the Town's Water Treatment Plant
(the "Project"), and desires to arrange for Bond Counsel who will
also serve as Fiscal Advisor, and
WHEREAS, the Town of Queensbury plans to enter into an
agreement with the Village of Hudson Falls, New York (the
"Village") pursuant to which the Village will finance a portion of
the cost of the Project in exchange for receiving a certain amount
of water per day, and
WHEREAS, the Village is also considering the appointment of
Hodgson, Russ, Andrews, Woods & Goodyear to serve as bond counsel
to the Village with respect to the Village's issuance and sale of
obligations to finance the Village's share of the cost of the
Project,
NOW, THEREFORE, BE IT
RESOLVED, by the Town Board of the Town of Queensbury as
follows:
SECTION 1. Hodgson, Russ, Andrews, Woods & Goodyear is hereby
appointed as bond counsel and fiscal advisor for the issuance and
sale of obligations to finance the Town's share of the cost of the
Project. The terms of such engagement are described in a proposal
dated March 14, 1994 and Retainer Letter dated April 25, 1994
prepared by Hodgson, Russ, Andrews, Woods & Goodyear.
SECTION 2. The Town hereby consents to the representation by
Hodgson, Russ, Andrews, Woods & Goodyear, as bond counsel to both
the Town and the Village in connection with the Project.
SECTION 3. This resolution shall take effect immediately upon
its adoption.
Duly adopted this 16th day of May, 1994, by the following
vote:
AYES: Dr. Wiswall, Mr. Caimano, Mrs. Pulver, Mrs. Monahan,
Mr. Champagne
NOES: None
ABSENT: None