170.98
RESOLUTION RETAINING LEGAL SERVICES OF HODGSON, RUSS,
ANDREWS, WOODS & GOODYEAR AS BOND COUNSEL IN CONNECTION WITH
THE TOWN OF QUEENSBURY’S REFINANCING OF THE WATER TREATMENT
PLANT EXPANSION WITH THE NEW YORK STATE
ENVIRONMENTAL FACILITIES CORPORATION
RESOLUTION NO.: 170, 1998
INTRODUCED BY: Mr. Douglas Irish
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Pliney Tucker
WHEREAS, the Town Board of the Town of Queensbury wishes to refinance funds the Town
previously borrowed from the Environmental Facilities Corporation (EFC) under the Drinking Water
State Revolving Fund (DWSRF), and
WHEREAS, the Town Controller has recommended to the Town Board of the Town of
Queensbury that the Town Board retain bond counsel in connection with the refinancing, and
WHEREAS, the Town Controller has further recommended that the Town Board of the Town
of Queensbury retain the law firm of Hodgson, Russ, Andrews, Woods & Goodyear as bond counsel
for a fee not to exceed $13,500, plus reimbursable disbursements, and
WHEREAS, a copy of a proposed letter-form agreement has been presented at this meeting,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby authorizes the
retention of the services of Hodgson, Russ, Andrews, Woods & Goodyear for the bond counsel
purposes referenced above, and
BE IT FURTHER,
RESOLVED, that the cost of such legal services shall not exceed the sum of $13,500, plus
reimbursable disbursements, without further authorization of the Town Board, and
BE IT FURTHER,
RESOLVED, that the Town Board of the Town of Queensbury hereby authorizes and directs
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the Town Supervisor to execute the letter-form agreement dated April 23, 1998 presented at this
meeting and any other forms or documents necessary to effectuate the terms of this Resolution, and
BE IT FURTHER,
RESOLVED, that the services of Hodgson, Russ, Andrews, Woods & Goodyear, shall be paid
for from the appropriate account.
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Duly adopted this 27 day of April, 1998, by the following vote:
AYES : Mr. Turner, Mr. Irish, Mr. Tucker, Mr. Merrill, Mr. Champagne
NOES : None
ABSENT: None