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136.2011 Occupancy Funds Rec. Projects RESOLUTION AUTHORIZING USE OF OCCUPANCY FUNDS TOWARD REIMBURSEMENT OF TOWN RECREATION PROJECTS RESOLUTION NO.: 136, 2011 INTRODUCED BY: Mr. Tim Brewer WHO MOVED ITS ADOPTION SECONDED BY: Mr. Anthony Metivier WHEREAS, by prior Resolution and Agreement the Queensbury Town Board provided in the 2011 Town Budget for the Town’s receipt of occupancy tax revenues from Warren County in accordance with the Local Tourism Promotion and Convention Development Agreement (Agreement) entered into between the Town and Warren County, and WHEREAS, the Agreement provides that specific expenditure of the funds provided under the Agreement are subject to further Resolution of the Queensbury Town Board, and WHEREAS, the Town Board wishes to accordingly authorize provision of such funds, in the amount of $5,250, to be used toward reimbursing the Town Recreation Department for expenditures related to the Department’s special events and recreational attractions, such events offered not only to Town of Queensbury residents, but also by the general public, who serve as an economic boon to the Town of Queensbury and entire area, as delineated in the Town Parks & Recreation Director’s March th 24, 2011 Memorandum presented at this meeting, and as follows: th ? HOVEY POND “PARTY IN THE PARK” - $2,250 – To be held on July 15, 2011 nd ? SPARTAN SPRINT FAMILY FUN RUN - $2,100 – To be held on May 22, 2011 th ? METTAWEE RIVER PERFORMANCE - $850 – To be held on July 9, 2011 NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves and authorizes the expenditure of funds in the amount of $5,250 to the Town’s Recreation Department as delineated in the preambles of this Resolution, such funds to be from Warren County occupancy tax revenues received by the Town and to be paid for from Account No.: 050-6410-4412, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes the Town Budget Officer to take any and all actions necessary to effectuate the following 2011 Budget Amendment: ? Increase Appropriations in Use of Occupancy Tax Account 050-6410-4412 by $5,250; and adjust the expense codes as needed, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Budget Officer and/or Director of Parks and Recreation to take such other and further action as may be necessary to effectuate the terms of this Resolution. th Duly adopted this 4 day of April, 2011, by the following vote: AYES: Mr. Montesi, Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Metivier NOES: None ABSENT: None