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342.94 RESOLUTION APPROVING TERMINATION AND RELEASE OF AGREEMENT AND RESERVATION IN DEED RESOLUTION NO.: 342.94 INTRODUCED BY: Mrs. Carol Pulver WHO MOVED ITS ADOPTION SECONDED BY: Mr. Nick Caimano WHEREAS, the Town of Queensbury previously conveyed certain land to the Pyramid Company of Glens Falls, and at the time of conveyance, excepted and reserved to the Town, 100,000 cubic yards of sand, delivered, or the cash equivalent thereof, and WHEREAS, Pyramid has performed, in full, all of its obligations under the agreement and has satisfied all conditions for the termination and release of the agreement and the release of the reservation set forth in the deed, NOW, THEREFORE, BE IT RESOLVED, that the Town Board of the Town of Queensbury hereby approves the Termination and Release of Agreement and Reservation in Deed presented at this meeting, as well as the information set forth in the Combined Real Property Transfer Gains Tax Affidavit, and BE IT FURTHER, RESOLVED, that the Town Supervisor is hereby authorized, directed, and ordered to execute the Termination and Release of Agreement and Reservation in Deed, as well as the Combined Real Property Transfer Gains Tax Affidavit, on behalf of the Town of Queensbury and arrange for the distribution and filing of the same as may be appropriate. Duly adopted this 11th day of July, 1994, by the following vote: AYES : Mrs. Pulver, Mrs. Monahan, Dr. Wiswall, Mr. Caimano, Mr. Champagne NOES : None ABSENT: None