223.2023 Authorizing Participation in National Grid Outdoor Lighting LED Conversion RESOLUTION AUTHORIZING PARTICIPATION IN NATIONAL GRID
OUTDOOR LIGHTING LED CONVERSION PROGRAM AND
ESTABLISHMENT OF NATIONAL GRID OUTDOOR LIGHTING
LED CONVERSION CAPITAL PROJECT NO.: 246
RESOLUTION NO.: 223,2023
INTRODUCED BY: Mr. Harrison Freer
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. George Ferone
WHEREAS, the Town of Queensbury wishes to participate in National Grid's Outdoor
Lighting LED Conversion Program whereby National Grid will convert the Town's existing
outdoor lighting luminaires to energy efficient LED luminaires ("Project") which LED installation
and maintenance of such LED lighting by National Grid will result in the Town achieving energy
cost savings in the approximate amount of$27,230 annually while also reducing electric use, and
WHEREAS, in its 04/25/2023 letter proposal to the Town, National Grid sets forth that
the Town's upfront cost for this Project is estimated to be $28,391, with an incentive paid by
National Grid to the Town in an estimated amount of$55,775, thereby resulting in a net incentive
to the Town in the amount of$27,384, and
WHEREAS, the Town Board wishes to approve and authorize establishment of the National
Grid Outdoor Lighting LED Conversion Capital Project and establish and fund the Revenue and
Expense Accounts in the total amount of$28,400, and
WHEREAS, the Town Board wishes to also authorize a temporary loan from Capital Reserve
Fund No. 64 up to $28,400,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby approves and authorizes the National
Grid Outdoor Lighting LED Conversion Capital Project in the amount of $28,391 as generally set
forth in National Grid's 04/25/2023 letter proposal substantially in the form presented at this meeting,
and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs establishment of
National Grid Outdoor Lighting LED Conversion Capital Project Fund No.: 246 in the amount of
$28,400 and authorizes and directs the establishment of the following accounts for such
appropriations and revenues as necessary:
• Revenue Acct No. —246-0000-52189 (Other Home & Community Income) - $28,400;
• Expense Acct No. —246-5182-2899 - $28,400;
and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes a temporary loan from the Capital
Reserve Fund 464 up to $28,400, and
BE IT FURTHER,
RESOLVED, that upon completion of this Project, any overage due to the incentive paid
by National Grid to the Town will be allocated to the various Town Street Light Districts, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Budget Officer to
amend the Town Budget and make any other adjustments, budget amendments, transfers or
prepare any documentation necessary to establish such appropriations and estimated revenues,
and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to
execute a letter of intent to and any needed agreement with National Grid and/or any other necessary
documentation and the Town Supervisor and/or Town Budget Officer to take all actions necessary to
effectuate the terms of this Resolution, and
BE IT FURTHER,
RESOLVED, that this Resolution is subject to a permissive referendum in accordance with the
provisions of Town Law Article 7 and the Town Board hereby authorizes and directs the Town Clerk
to publish and post such notices and take such other actions as may be required by law.
Duly adopted this 19t'day of June, 2023,by the following vote:
AYES Mr. McNulty, Mr. Strough, Mr. Metivier, Mr. Freer, Mr. Ferone
NOES None
ABSENT: None