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352.2009 RESOLUTION AUTHORIZING ENGAGEMENT OF AUDIT MASTERS TO CONDUCT AUDIT OF FRANCHISE FEES RESOLUTION NO.: 352, 2009 INTRODUCED BY: Mr. John Strough WHO MOVED ITS ADOPTION SECONDED BY: Mr. Tim Brewer WHEREAS, the Town of Queensbury has been approached by Audit Masters, a company offering to audit the Town’s receipt of franchise fees from Time Warner Cable, Inc., in order to ensure the accuracy of fees made to the Town and which review could provide a possible recovery of unreported revenue to the Town, and WHEREAS, Audit Masters’ fee to the Town for such services is fifty-percent (50%) of actual refunded fees or credits the Town receives as a result of Audit Masters’ services, and if there is no such recovery, there is no fee for the services, and WHEREAS, the Town’s Budget Officer has have reviewed the proposal and has recommended that the Town engage Audit Masters, and WHEREAS, the Town Board would like Audit Masters to review and analyze the Town’s proposed cable TV revenue fee language and report to the Town their conclusions and any suggestion in improvements, and WHEREAS, the Town Board wishes to authorize engagement of Audit Masters, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby authorizes engagement of Audit Masters to review the Town of Queensbury’s receipt of franchise fees from Time Warner Cable, Inc., together with a provision as more fully set forth in Audit Masters’ proposal presented at this meeting in form agreeable to Audit Masters and Town Counsel concerning Audit Masters’ review and analysis of the Town’s proposed cable TV revenue fee language with their conclusions and recommendations , and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to sign any needed agreement or documentation and the Town Supervisor and/or Budget Officer to take any other actions needed to effectuate the terms of this Resolution. th Duly adopted this 16 day of November, 2009, by the following vote: AYES : Mr. Brewer, Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough NOES : None ABSENT: None