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130.2016 Kelaco, LLC Install Top Coat Black Top RESOLUTION AUTHORIZING ONE-YEAR EXTENSION OF TIME FOR KELACO, LLC TO INSTALL TOP COAT OF BLACK-TOP ON CAITLIN DRIVE IN THE POINTE WEST SUBDIVISION RESOLUTION NO.: 130,2016 INTRODUCED BY: Mr.William VanNess WHO MOVED ITS ADOPTION SECONDED BY: Mr. Brian Clements WHEREAS, by Resolution No.: 377,2010, the Queensbury Town Board accepted KELACO, LLC's offer to dedicate to the Town of Queensbury, Caitlin Drive in the Pointe West Subdivision, and WHEREAS, KELACO, LLC provided the Town with a $25,000 Letter of Credit to ensure placement of the top coat on Caitlin Drive, and WHEREAS, the Town Highway Superintendent has advised that construction within the subdivision is not yet completed and so KELACO, LLC has been unable to install the top coat, and WHEREAS, the Town Highway Superintendent has therefore recommended that the Town Board grant a one year extension to KELACO, LLC so that installation of the top coat of black-top may be completed, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby authorizes a one year extension or until April 4t`, 2017 for KELACO, LLC to install the top coat of black-top on Caitlin Drive in the Pointe West Subdivision, and BE IT FURTHER, RESOLVED, that the Town Board authorizes and directs the Town Clerk to provide a certified copy of this Resolution to the Town Highway Superintendent. Duly adopted this 4h day of April, 2016, by the following vote: AYES Mr. Clements, Mr. Irish, Mr. VanNess, Mr. Strough, Mr. Metivier NOES None ABSENT: None