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3.16 3.16 AGREEMENTS\Addendum to Annexation Agreement—Veterans Field—8-19-2024 RESOLUTION APPROVING FIRST ADDENDUM TO THE ANNEXATION AGREEMENT BETWEEN THE CITY OF GLENS FALLS AND TOWN OF QUEENSBURY RESOLUTION NO.: , 2024 INTRODUCED BY: WHO MOVED FOR ITS ADOPTION SECONDED BY: WHEREAS, the Town of Queensbury and City of Glens Falls entered into an Annexation Agreement dated June 1, 2003 which governed the alteration of the shared boundary between the City and Town in order to effectively remove lands now known as Tech Meadows and formerly known as Veteran's Field from the Town and add such lands to the City, and WHEREAS, the Agreement anticipated that future development of these lands would be reviewed by a committee comprised of the Greater Glens Falls Local Development Corporation and the Queensbury Economic Development Corporation (QEDC) to ensure that such development complies with the guidelines and standards established during prior planning and environmental review, and WHEREAS, since that time, the QEDC has ceased to exist and the Town and City wish to amend their Agreement to establish a different committee for this purpose, and WHEREAS, a proposed First Addendum to Annexation Agreement has been provided to the Town Board which would authorize the City Mayor to establish a five-member ad hoc committee comprised of no less than two current Town Board Members for this purpose, NOW, THEREFORE BE IT RESOLVED, that the Queensbury Town Board hereby approves the First Addendum to Annexation Agreement by and between the City of Glens Falls and the Town of Queensbury and authorizes the Town Supervisor to execute the Addendum in substantially the form presented at this meeting, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to take any actions necessary to effectuate the terms of this Resolution. Duly adopted this 19"'day of August, 2024, by the following vote: AYES NOES ABSENT