4.13 4.13
FINANCIAL\2015\Capital 20.20 Revitalization Plan Assistance—9-14-15
RESOLUTION AUTHORIZING FINANCIAL ASSISTANCE TOWARD
DEVELOPMENT OF CAPITAL REGION ECONOMIC DEVELOPMENT
COUNCIL UPSTATE REVITALIZATION INITIATIVE PLAN
ECONOMIC DEVELOPMENT APPLICATION
RESOLUTION NO.: ,2015
INTRODUCED BY:
WHO MOVED ITS ADOPTION
SECONDED BY:
WHEREAS, the New York Upstate Revitalization Initiative (URI) was created by
Governor Cuomo and the State Legislature as part of an overall program aimed at systematically
revitalizing the economy of Upstate New York, and
WHEREAS, the URI process is being conducted in conjunction with the fifth year of the
Regional Economic Development Council program, and will result in the award of up to $500
million to three selected regions with such selection based on a Revitalization Plan prepared by
the region that identifies how the region will make transformative improvements to its economy,
and
WHEREAS, the Capital Region has prepared the Capital 20.20 Revitalization Plan with a
focus on a five year timeframe with the goal of creating and maintaining high-paying permanent
private sector jobs and luring private sector investment in amounts that are significant to the
region, and
WHEREAS, concepts addressed in the Capital 20.20 Revitalization Plan include
innovation, private sector investment, sustainability, connectivity, global initiatives, workforce
development, utilization of hard-to-place workers, community reinvestment, collaboration,
readiness and implementation, and
WHEREAS, the Town of Queensbury on behalf of the Lake George Watershed Coalition
member institutions is advancing the development of Salt Reduction Initiative, Onsite Waste
Management, RME Development, among other Coalition Priority Actions, and
WHEREAS, the Capital District Regional Economic Development Council has engaged
the contract services of McKinney & Company to provide professional consulting services to
develop and submit the Capital 20.20 Revitalization Plan, and
WHEREAS, it is in the best interests of all members of the LGWC and the Town of
Queensbury in particular to participate in the development of that eventual economic
development plan application,
NOW, THEREFORE, BE IT
RESOLVED that the Town of Queensbury hereby invests the sum of$5,000 toward the
development of the Capital 20.20 Revitalization Plan economic development application for
financial assistance, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to
execute any documentation and the Town Supervisor and/or Town Budget Officer to take any
and all needed actions to effectuate all terms of this Resolution.
Duly adopted this 14th day of September, 2015, by the following vote:
AYES
NOES
ABSENT: