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4.15 4.15 2024 ORGANIZATIONALOccupancy Tax Funds—Use for Rec Dept Projects RESOLUTION AUTHORIZING USE OF OCCUPANCY FUNDS TOWARD TOWN RECREATION PROJECTS RESOLUTION NO.: 92024 INTRODUCED BY: WHO MOVED ITS ADOPTION SECONDED BY: WHEREAS, by prior Resolution and Agreement the Queensbury Town Board provided in the 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 up to $40,000, to be used toward Town Recreation Department 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 follows: Seasonal Brochures (Summer and Winter) - $20,000 • Program/Event Marketing&Promotions - $10,000 • Park/Athletic Facility Events - $10,000 NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves and authorizes the expenditure of funds in the amount up to $40,000 to the Town's Recreation Department, such funds to be from Warren County occupancy tax revenues received by the Town and to be paid for from Account No.: 050-6410-4412-7020, and BE IT FURTHER, RESOLVED, that such expenditures are expressly contingent upon the Town Budget Officer confirming that the Town has unallocated occupancy tax funds available from Warren County, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Town Budget Officer and/or Town Parks and Recreation Director to take such other and further actions as may be necessary to effectuate the terms of this Resolution. Duly adopted this V day of January, 2024,by the following vote: AYES Mr. Metivier, Mr. Freer, Mr. Dixon, Mr. McNulty, Mr. Strough NOES None ABSENT: None