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256.2005 RESOLUTION AUTHORIZING CONTRACT TO PROVIDE FUNDING TO GLENS FALLS GOLDEN EAGLES, INC. IN SUPPORT OF NJCAA DIVISION III 2005 WORLD SERIES RESOLUTION NO.: 256, 2005 INTRODUCED BY: Mr. Tim Brewer WHO MOVED ITS ADOPTION SECONDED BY: Mr. Theodore Turner WHEREAS, the Town of Queensbury wishes to provide funding in the amount of $1,975 (Full-Sign Package Price) to the Glens Falls Golden Eagles, Inc., in support of the NJCAA Division III 2005 World Series, one of only six collegiate World Series championships in the United States, to be held at East Field in Glens Falls in May, 2005, and WHEREAS, such event is expected to bring tourists to the Town, its hotels and motels, restaurants, stores and other businesses and is expected to bring over $500,000 into the local economy, thereby benefiting the residents of the Town of Queensbury, and WHEREAS, a proposed Agreement providing for such funds has been presented at this meeting and is in form acceptable to Town Counsel, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves of the Agreement between the Town and the Glens Falls Golden Eagles, Inc., substantially in the form presented at this meeting, and authorizes and directs the Town Supervisor to execute the Agreement with funding for the Agreement to be paid for from the appropriate Town account. rd Duly adopted this 23 day of May, 2005, by the following vote: AYES : Mr. Brewer, Mr. Stec, Mr. Boor, Mr. Turner, Mr. Strough NOES : None ABSENT: None