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309.2023 Authorizing Use of Occupancy Funds Toward Publication of Adk Balloon Fest 50th Ann. Pilot Memoirs Books RESOLUTION AUTHORIZING USE OF OCCUPANCY FUNDS TOWARD PUBLICATION OF ADIRONDACK BALLOON FESTIVAL'S 50TH ANNIVERSARY PILOT MEMOIRS BOOKS RESOLUTION NO.: 309,2023 INTRODUCED BY: Mr. Harrison Freer WHO MOVED ITS ADOPTION SECONDED BY: Mr. George Ferone WHEREAS, by Resolution No.: 484, 2007, the Queensbury Town Board provided 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 Town Board, and WHEREAS, by Resolution No.: 153, 2023, the Town Board authorized a Local Tourism Promotion and Convention Development Agreement between the Town and the Adirondack Balloon Festival to assist in funding the 50th annual Adirondack Hot Air Balloon Festival to be held in the Town in September, 2023, which event draws thousands of people to the Town of Queensbury and its surrounding area's hotels and motels, restaurants, stores and other businesses, thereby benefiting the general economy of the Town and all of Warren County, and WHEREAS, the Town Board wishes to authorize an additional expenditure of$3,000 to the Adirondack Balloon Festival with occupancy tax revenues received from Warren County toward printing costs of the Adirondack Balloon Festival's 50t'Anniversary Pilot Memoir Books by The Troy Book Makers, LLC, which Books also assist in promoting the Town and the general community, serving as an economic development tool for tourism in Queensbury and the surrounding area, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves and authorizes the expenditure of $3,000 to the Adirondack Balloon Festival toward printing costs of the Adirondack Balloon Festival's 50t" Anniversary Pilot Memoir Books by The Troy Book Makers, LLC, with such funding to be provided by occupancy tax revenues the Town receives from Warren County, to be paid from Account No.: 050-6410-4412, and BE IT FURTHER, RESOLVED that the Town Board authorizes and directs the Town Budget Officer to take all actions necessary to amend the Town Budget and increase appropriations and revenues as necessary as follows: • Revenue Acct No. —050-0000-51113 Occupancy Tax Revenue $3,000; • Expense Acct.No. —050-6410-4412 Use of Occupancy Tax $3,000; and BE IT FURTHER, RESOLVED, that such expenditure is expressly contingent upon the Town Budget Officer confirming that the Town has unallocated occupancy tax funds available from Warren County. Duly adopted this 11t'day of September, 2023,by the following vote: AYES Mr. Ferone, Mr. Strough, Mr. Metivier, Mr. Freer NOES None ABSENT: Mr. McNulty