591.2005
RESOLUTION AUTHORIZING AGREEMENT REGARDING BUSINESS
INCUBATOR BUILDING AND PROGRAM WITH ADIRONDACK
REGIONAL BUSINESS INCUBATOR, INC.
RESOLUTION NO. 591, 2005
INTRODUCED BY: Mr. Theodore Turner
WHO MOVED FOR ITS ADOPTION
SECONDED BY: Mr. Tim Brewer
WHEREAS, the Adirondack Regional Business Incubator, Inc. (ARBI) was formed to
promote commerce, trade, business and industry by providing businesses, on a non-profit basis,
with facilities and services to plan and operate new and growing businesses and acquire property
necessary to the provision of a business incubator, and
WHEREAS, the Town Board strongly supports ARBI’s important mission to improve
employment opportunities and economic development in the Town, and
WHEREAS, the Town, along with the Greater Glens Falls Development Corporation,
Queensbury Economic Development Corporation, the Warren County Economic Development
Corporation, Warren County and the Adirondack Community College, wishes to enter into an
Agreement Regarding Business Incubator Building and Program with ARBI and such proposed
Agreement has been presented at this meeting in form approved by Town Counsel,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby approves and authorizes the
Agreement Regarding Business Incubator Building and Program between the Town of Queensbury
and the Adirondack Regional Business Incubator, Inc., the Greater Glens Falls Development
Corporation, Queensbury Economic Development Corporation, the Warren County Economic
Development Corporation, Warren County and the Adirondack Community College substantially in
the form presented at this meeting with funding in the amount of $100,000 to be paid for from the
appropriately budgeted account, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to
execute the Agreement and the Town Supervisor and/or Budget Officer to take such other and further
action as may be necessary to effectuate the terms of this Resolution.
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Duly adopted this 19 day of December, 2005 by the following vote:
AYES : Mr. Boor, Mr. Turner, Mr. Strough, Mr. Brewer, Mr. Stec
NOES : None
ABSENT:None