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4.06 4.6 AGREEMENTS\Queensbury School-Occupancy Tax Funds for State and Invitational Cross Country Meets—9-23-2024 RESOLUTION AUTHORIZING AGREEMENT BETWEEN TOWN AND QUEENSBURY UNION FREE SCHOOL DISTRICT RESOLUTION NO.: ,2024 INTRODUCED BY: WHO MOVED ITS ADOPTION SECONDED BY: 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, the Town of Queensbury received a request for funding from the Queensbury Union Free School District(School)to assist in funding multiple New York State Public High School Athletic Association events including the Queensbury Invitational, Foothills Council and Section 2 Cross Country Championships in 2024—2026 which events are expected to bring thousands of people to the Town 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 provide funding to the School in the amount of $28,000 with occupancy tax revenues received from Warren County and accordingly enter into an agreement with the School as presented at this meeting, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves and authorizes the Local Tourism Promotion and Convention Development Agreement between the Town and the Queensbury Union Free School District and authorizes and directs the Town Supervisor to execute the Agreement in substantially the form presented at this meeting with funding not to exceed $28,000 and 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 $28,000; • Expense Acct. No. —050-6410-4412 Use of Occupancy Tax $28,000; and BE IT FURTHER, RESOLVED, that such Agreement is expressly contingent upon the Town Budget Officer confirming that the Town has unallocated occupancy tax funds available from Warren County. Duly adopted this 23rd day of September, 2024,by the following vote: AYES NOES ABSENT: