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3.10 3.10 AGREEMENTS\Glens Falls Brewing Company—Davidsons-Grant Funds—5-19-14 RESOLUTION AUTHORIZING GRANT AGREEMENT BETWEEN TOWN OF QUEENSBURY AND GLENS FALLS BREWING CO., LLC RESOLUTION NO.: ,2014 INTRODUCED BY: WHO MOVED ITS ADOPTION SECONDED BY: WHEREAS, by Resolution No.: 284,2013 the Queensbury Town Board authorized submission of a grant application to the New York State Office of Community Renewal (NYS OCR), and WHEREAS, the grant application was submitted and the Town was awarded a Community Development Block Grant (CDBG) in the amount of$60,000 from the New York State Office of Community Renewal, such funds to be used for economic development, and WHEREAS, by Resolution No.: 95,2014 the Town Board authorized approval of the Grant Agreement between the Town and the New York State Housing Trust Fund Corporation represented by NYS OCR and set appropriations and estimated revenues in the amount of$60,000 in CDBG Grant Fund#016 for program funds received by the Town, and WHEREAS, the Grant Agreement has been fully executed between the Town and the New York State Housing Trust Fund Corporation, and WHEREAS, the purpose of the award of such grant funds to the Town was to facilitate a subsequent grant award from the Town to the Glens Falls Brewing Co., LLC to assist in the purchase of machinery and equipment needed by the company as part of the development of a craft brewery in the Town, and WHEREAS, a proposed Grant Agreement between the Town and the Glens Falls Brewing Co., LLC setting forth the terms and conditions of the grant award is presented at this meeting, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby authorizes the Grant Agreement between the Town of Queensbury and the Glens Falls Brewing Co., LLC delineated in the preambles of this Resolution substantially in the form presented at this meeting, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to execute such Agreement in the form presented or in a form substantially similar which is acceptable to the Town Supervisor, Town Senior Planner and/or Town Counsel, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes the Town Supervisor, Senior Planner, Town Counsel and/or Town Budget Officer to take any other action necessary to effectuate the terms of this Resolution. Duly adopted this 19th day of May, 2014 by the following vote: AYES NOES ABSENT 2