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402.2002 RESOLUTION AUTHORIZING THE MEADOWS PLANNED UNIT DEVELOPMENT AGREEMENT RESOLUTION NO.: 402, 2002 INTRODUCED BY: Mr. Tim Brewer WHO MOVED ITS ADOPTION SECONDED BY: Mr. Daniel Stec WHEREAS, by Resolution No.: 395,2000 the Queensbury Town Board approved The Meadows Planned Unit Development (PUD) subject to execution of a Planned Unit Development Agreement by the Town, Bay Meadows Corporation (Owners) and Queensbury Partners L.P. (Developers), and WHEREAS, the Town, Owners and Developers have reached agreement in principal on the terms of the PUD Agreement, and WHEREAS, the Town Board assumed SEQRA Lead Agency status and upon review of development information and Environmental Assessment Form, issued a Negative Declaration, and WHEREAS, a copy of the proposed PUD Agreement has been presented at this meeting and is in form approved by the Town’s Director of Community Development and Town Counsel, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves of The Meadows Planned Unit Development Agreement between the Town, Bay Meadows Corporation and Queensbury Partners L.P. as presented at this meeting, and BE IT FURTHER, RESOLVED, that the Town Board hereby authorizes and directs the Town Supervisor to execute the Agreement and take such other and further action necessary to effectuate the terms of this Resolution. th Duly adopted this 7day of October, 2002, by the following vote: AYES : Mr. Brower, Mr. Boor, Mr. Turner, Mr. Stec, Mr. Brewer NOES : None ABSENT: None 2