401.2023 Authorizing Engagement of Capital Markets Advisors, LLC to Provide Financial Advisory Servises RESOLUTION AUTHORIZING ENGAGEMENT OF CAPITAL MARKETS
ADVISORS, LLC TO PROVIDE FINANCIAL ADVISORY SERVICES
RESOLUTION NO.: 401,2023
INTRODUCED BY: Mr. George Ferone
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Harrison Freer
WHEREAS, by prior Resolutions the Queensbury Town Board authorized engagement of
Capital Markets Advisors, LLC (CMA) to provide financial advisory services in conjunction with any
bond issue as well as continuing disclosure submission and general financial advisory services as
requested and directed by the Town, and
WHEREAS, the Town Budget Officer has recommended engagement of CMA for continuing
disclosure financial services for 2024 at a cost of $2,600 as set forth in CMA's Financial Advisory
Services Agreement(Agreement)presented at this meeting, and
WHEREAS, should the Town Budget Officer and/or Town Board request any other financial
services from CMA during 2024 (currently not anticipated), the fees for such services shall be as set
forth in the Agreement,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes engagement of Capital
Markets Advisors, LLC (CMA)to provide continuing disclosure financial advisory services for 2024 at
a cost of $2,600, with fees for any additional financial services, should the Town request them from
CMA, to be as delineated in CMA's Financial Advisory Services Agreement(Agreement)presented at
this meeting, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Budget Officer to
amend the Town Budget and/or take any actions necessary to provide for payment of services to CMA
from the appropriate Town account(s), and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to
execute the Agreement substantially in the form presented at this meeting and the Town Supervisor
and/or Town Budget Officer to take any other actions necessary to effectuate the terms of this
Resolution.
Duly adopted this 20t'day of November, 2023 by the following vote:
AYES Mr. Metivier, Mr. Freer, Mr. Ferone, Mr. McNulty, Mr. Strough
NOES None
ABSENT: None