542.2004
RESOLUTION AUTHORIZING TOWN SUPERVISOR TO SIGN FIRST
AMENDED STIPULATION AND ORDER OF SETTLEMENT IN
CONNECTION WITH SALE OF WATER TO TOWN OF MOREAU
RESOLUTION NO.: 542, 2004
INTRODUCED BY: Mr. Roger Boor
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. John Strough
WHEREAS, by Resolution No.: 492,98 the Queensbury Town Board entered into an
Intermunicipal Agreement with the Town of Moreau for the sale of water, and
WHEREAS, such Intermunicipal Agreement was contingent upon the Town of Moreau
achieving a settlement with General Electric of its federal and state court lawsuits and its creation of a
new water district for the Town of Moreau’s affected area, and
WHEREAS, the Town of Moreau achieved a settlement with General Electric, designed and
constructed and operates and maintains a water system connected to the Town of Queensbury’s water
supply, and complied with the terms of the settlement with General Electric, and
WHEREAS, the Town of Moreau still has an unexpended balance in its Escrow Account from
settlement funds it received from General Electric, and the Town of Moreau and General Electric wish
to enter into an Amended Stipulation and Order of Settlement to set forth the terms of how the Town
of Moreau may use unexpended funds to cover operation and maintenance expenses of its water
system or water improvements, and
WHEREAS, the Town of Moreau has presented the Town of Queensbury with such First
Amended Stipulation and Order of Settlement (Stipulation) as it must also be executed by the Town of
Queensbury, and
WHEREAS, such Stipulation does not affect the Town of Queensbury in any negative way,
and
WHEREAS, a copy of the proposed Stipulation has been presented at this meeting and is in
form acceptable to the Town’s Water Superintendent and Counsel,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby approves of the First Amended
Stipulation and Order of Settlement referred to in the preambles of this Resolution and as presented at
this meeting, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby authorizes and directs the Town Supervisor to
execute the Stipulation and take such other and further action necessary to effectuate the terms of this
Resolution.
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Duly adopted this 1 day of November, 2004, by the following vote:
AYES : Mr. Boor, Mr. Turner, Mr. Strough, Mr. Brewer, Mr. Stec
NOES : None
ABSENT: None
I, Caroline H. Barber, Deputy Town Clerk I of the Town of Queensbury, Warren County, New York,
do hereby certify that I have compared the foregoing with the original resolution as listed above
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adopted at a Regular meeting of the Town Board of the Town of Queensbury held on the 1 day of
November, 2004 at which a quorum was present and that the same is a correct transcript therefrom
and of the whole original thereof to date.
IN WITNESS THEREOF, I have hereto set my hand and the SEAL of said Town of Queensbury, this
nd
2 day of November 2004.
SEAL SIGNED:______________________________________
Caroline H. Barber
Deputy Town Clerk I
Town of Queensbury
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