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4.3 4.3 WATER\IVIOREAU—Purchase of 100000 Gallons Additional Capacity—10-17-2022 RESOLUTION ACKNOWLEDGING TOWN OF MOREAU'S PURCHASE OF ADDITIONAL 100,000 GALLONS OF RESERVED CAPACITY FROM TOWN OF QUEENSBURY ON BEHALF OF QUEENSBURY CONSOLIDATED WATER DISTRICT RESOLUTION NO.: ,2022 INTRODUCED BY: WHO MOVED ITS ADOPTION SECONDED BY: WHEREAS, by Resolution No.: 492,98 the Queensbury Town Board, on behalf of the Queensbury Consolidated Water District, entered into an Intermunicipal Agreement with the Town of Moreau for the Town of Queensbury's sale of water to the Town of Moreau, which Intermunicipal Agreement has been subsequently amended, and WHEREAS, in accordance with the Intermunicipal Agreement, as amended, the Town of Moreau is currently entitled to a Reserved Capacity (meaning the daily water reserved for Moreau under the Intermunicipal Agreement) of 1,250,000 gallons per day, and WHEREAS, by Resolution No.: 247,2020,the Town Board authorized the Town of Moreau's purchase of an additional 100,000 gallons of Reserved Capacity in accordance with the Intermunicipal Agreement and affirmed that such purchase resulted in the Town of Moreau's purchasing a total of 1.35 million gallons of Reserved Capacity per day from the Town of Queensbury on behalf of the Queensbury Consolidated Water District,to date, and WHEREAS, by Resolution No.: 236,2021,the Town Board authorized the Town of Moreau's purchase of an additional 150,000 gallons of Reserved Capacity in accordance with the Intermunicipal Agreement and affirmed that such purchase resulted in the Town of Moreau's purchasing a total of 1.5 million gallons of Reserved Capacity per day from the Town of Queensbury on behalf of the Queensbury Consolidated Water District,to date, and WHEREAS, the Town of Moreau wishes to purchase an additional 100,000 gallons of Reserved Capacity for $106,000 in accordance with the terms set forth in the Section IX of the Agreement, and WHEREAS, the Town of Queensbury Water Superintendent and Town Board wish to acknowledge the Town of Moreau's purchase request and affirm that such purchase would result in the Town of Moreau having purchased a total of 1.6 million gallons of Reserved Capacity per day to date, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby acknowledges the Town of Moreau's purchase of an additional 100,000 gallons of Reserved Capacity for $106,000 in accordance with the Intermunicipal Agreement with the Town of Moreau, and hereby affirms that such purchase results in the Town of Moreau purchasing a total of 1.6 million gallons of Reserved Capacity per day from the Town of Queensbury on behalf of the Queensbury Consolidated Water District,to date, and BE IT FURTHER, RESOLVED, that the Town Board hereby authorizes and directs the Town Supervisor, Town Water Superintendent, Town Budget Officer, and/or Town Counsel to take such other and further actions necessary to effectuate the terms of this Resolution. Duly adopted this 17t'day of October, 2022,by the following vote: AYES NOES ABSENT: