384.2003
RESOLUTION AUTHORIZING ENGAGEMENT OF FISCAL ADVISORS &
MARKETING INC. TO PROVIDE FINANCIAL ADVISORY SERVICES IN
CONNECTION WITH WATER TRANSMISSION SYSTEM
IMPROVEMENTS WITHIN THE QUEENSBURY CONSOLIDATED
WATER DISTRICT AND OTHER PROJECTS
RESOLUTION NO.: 384, 2003
INTRODUCED BY: Mr. Theodore Turner
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Roger Boor
WHEREAS, the Queensbury Town Board wishes to engage the services of Fiscal Advisors &
Marketing Inc., to provide financial advisory services in connection with up to $3,000,000 in serial
bonds to fund certain improvements to the Queensbury Consolidated Water District authorized by
Town Board Resolution No.: 353,2003, improvements to the Shore Colony Water District authorized
by Town Board Resolution No.: 277,2001, and other projects that are determined to be feasible to
incorporate into the debt issuance, and
WHEREAS, Fiscal Advisors & Marketing, Inc., Environmental Capital LLC has offered to
render these services for the amount of $7,500 as set forth in its Proposal dated August 4, 2003
presented at this meeting, and
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes engagement of Fiscal
Advisors & Marketing Inc., to provide financial advisory services as referenced above for an amount
not to exceed $7,500 as set forth in its Proposal dated August 4, 2003 presented at this meeting, with
payment to be made from the proceeds of debt instruments, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to
execute the agreement presented at this meeting and the Town Supervisor and/or Town Comptroller to
take any action necessary to effectuate the terms of this Resolution.
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Duly adopted this 18 day of August, 2003 by the following vote:
AYES : Mr. Brower, Mr. Boor, Mr. Turner, Mr. Stec
NOES : None
ABSENT: Mr. Brewer