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420.2005 RESOLUTION AUTHORIZING PLACEMENT OF PROPOSITIONS ON BALLOT REGARDING CRANDALL PUBLIC LIBRARY DISTRICT RESOLUTION NO.: 420, 2005 INTRODUCED BY: Mr. John Strough WHO MOVED ITS ADOPTION SECONDED BY: Mr. Daniel Stec WHEREAS, the Laws of 1992, Chapter 456 authorized the establishment of the Crandall Public Library District for the City of Glens Falls in Warren County, the Town of Moreau in Saratoga County and the Town of Queensbury in Warren County, and WHEREAS, this legislation provides and the Board of Trustees of Crandall Public Library has authorized that the propositions relating to the Crandall Public Library District be placed on the ballot th at the General Election to be held on November 8, 2005, and WHEREAS, the propositions to be determined are as follows: 1.Whether the annual budget for 2006 as proposed by the Board of Trustees of the Crandall Public Library shall be approved or disapproved; 2.The election of one (1) trustee from the Town of Queensbury to the Crandall Public Library District Board; 3.Whether the Crandall Public Library District shall be authorized to levy and collect according to law, for a term of up to 30 years, a real property tax in the municipalities comprising the District in the amount necessary to pay the debt service on a borrowing through the City of Glens Falls Industrial Development Agency of up to $12,875,000 to finance renovation of the District’s existing building? and WHEREAS, the Crandall Public Library Board of Trustees has requested that the Town of Queensbury adopt a Resolution authorizing placement of these propositions on the ballot of the th November 8, 2005 General Election for the voters' approval or disapproval, NOW, THEREFORE, BE IT RESOLVED, that the Town of Queensbury approves and authorizes the following three (3) propositions pertaining to the Crandall Public Library District and requests that they be placed on the ballot in all Town of Queensbury voting locations on the General Election Day, Tuesday, November th 8, 2005: [1] BUDGET The proposed 2006 budget of the Crandall Public Library District is $2,357,911.00 to be partially funded by the municipalities comprising the District. The share of the proposed budget to be raised by an ad valorem assessment upon the real property within the Town of Queensbury is $811,186.00. Shall the proposed budget be approved? [2] TRUSTEES TO BE ELECTED For one (1) vacancy upon the Board of Trustees of the Crandall Public Library District representing the Town of Queensbury to serve a term of five (5) years. Vote for one : Susan Putnam [3] LIBRARY RENOVATION PROJECT The Crandall Public Library District proposes to renovate the District’s existing library building and to levy and collect, according to law, for a term of up to 30 years, a real property tax in the municipalities comprising the District in the amount necessary to pay the debt service on a borrowing through the City of Glens Falls Industrial Development Agency of up to $12,875,000 to finance such renovation. Shall such 2 renovation and real property tax be approved? and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Clerk to transmit a certified copy of the text of the propositions to the Warren County Board of Elections or other appropriate officials and take such other and further action as may be necessary to effectuate the terms of this Resolution. th Duly adopted this 12 day of September, 2005, by the following vote: AYES : Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Boor, Mr. Turner NOES : None ABSENT: None 3