055.2011 Agreement Qsby & Economic Development
RESOLUTION AUTHORIZING AGREEMENT BETWEEN
TOWN OF QUEENSBURY AND ECONOMIC DEVELOPMENT
CORPORATION - WARREN COUNTY
RESOLUTION NO. 55, 2011
INTRODUCED BY: Mr. Tim Brewer
WHO MOVED FOR ITS ADOPTION
SECONDED BY: Mr. Anthony Metivier
WHEREAS, the Town and the Economic Development Corporation - Warren County
(EDC) recognize the need to revitalize the local economy by increasing the number of jobs for
Town residents by attracting high technology and other industries to the area, and
WHEREAS, in accordance with the Not-for-Profit Corporation Law §1411(a) and EDC’s
Certificate of Incorporation, the purposes of the EDC are the exclusively charitable or public
purposes of relieving and reducing unemployment, promoting and providing for additional and
maximum employment, bettering and maintaining job opportunities, instructing or training
individuals to improve or develop their capabilities for such jobs, carrying on scientific research
for the purpose of aiding a community or geographical area by attracting new industry to the
community or area or by encouraging the development of, or retention of, an industry in the
community or area, and lessening the burdens of government and acting in the public interest, and
WHEREAS, the Not-for-Profit Corporation Law specifically finds that corporations
organized under §1411 perform an essential governmental function, and
WHEREAS, the Town Board strongly supports EDC’s important mission to improve
employment opportunities and economic development in the Town, and
WHEREAS, the Town wishes to enter into an agreement with EDC and a proposed
agreement has been presented at this meeting,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby approves and authorizes the
Agreement with the Economic Development Corporation - Warren County presented at this meeting
with funding in the amount of $114,000 to be paid for from the appropriate account, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to
execute the Agreement and the Town Supervisor and/or Town Budget Officer to take such other and
further action as may be necessary to effectuate the terms of this Resolution.
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Duly adopted this 24 day of January, 2011 by the following vote:
AYES : Mr. Montesi, Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Metivier
NOES : None
ABSENT: None