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475.2004 RESOLUTION AUTHORIZING TRANSFER OF DELAWARE & HUDSON RAILWAY EASEMENT AND LICENSE AGREEMENT FROM QUEENSBURY ECONOMIC DEVELOPMENT CORPORATION TO TOWN OF QUEENSBURY RESOLUTION NO.: 475, 2004 INTRODUCED BY: Mr. John Strough WHO MOVED FOR ITS ADOPTION SECONDED BY: Mr. Roger Boor WHEREAS, the Queensbury Economic Development Corporation (QEDC) obtained rights and privileges under a License Agreement with Delaware and Hudson Railway Company (D&H) to construct and maintain a 10” sewer line to serve the QEDC Technical Park, under and across the right- of-way and track of property owned by D&H located 435’ northwesterly of the center line of Warren Street, and WHEREAS, QEDC has requested that the Town of Queensbury authorize a transfer of such ownership of the sewer line from QEDC to the Town of Queensbury, and WHEREAS, the Town’s Deputy Wastewater Director and the former Executive Director of Community Development evaluated such proposal and have recommended that the Town authorize such transfer, and WHEREAS, the Town Board agrees that acquisition of such License Agreement and Easement from QEDC is necessary for the Queensbury Technical Park Sewer District and therefore the Board wishes to authorize its acceptance, NOW, THEREFORE, BE IT RESOLVED, that the Town Board hereby approves, accepts and authorizes the transfer of ownership of the sewer facilities from the Queensbury Economic Development Corporation referred to in this Resolution under the same terms and conditions set forth in the original License Agreement entered into between the Delaware and Hudson Railway Company and the Queensbury Economic Development Corporation, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to execute an Agreement with Delaware & Hudson Railway consenting to the transfer, as well as any and all documents necessary to complete this transaction and take such other and further action as may be necessary to effectuate the terms of this Resolution. th Duly adopted this 27 day of September, 2004, by the following vote: AYES : Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Boor NOES : None ABSENT: Mr. Turner