304.95
RESOLUTION RETAINING LEGAL SERVICES OF HODGSON, RUSS,
ANDREWS, WOODS & GOODYEAR
RESOLUTION NO.: 304.95
INTRODUCED BY: Mr. Nick Caimano WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Theodore Turner
WHEREAS, the Town Board of the Town of Queensbury is
undertaking a study as to whether it would be in the Town's
economic interest to refund certain bonds, and
WHEREAS, the Town Board of the Town of Queensbury has been
advised that the assistance of bond counsel is necessary in
connection with such project, and Hodgson, Russ, Andrews, Woods &
Goodyear has offered to provide such services at an hourly rate of
$190.00 for A. Joseph Scott, III, Esq., and $145.00 per hour for
Karen S. Martell, Esq., and
WHEREAS, Hodgson, Russ, Andrews, Woods & Goodyear are
currently performing services for the Town in connection with a
bond issue,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby
authorizes the retention of the services of Hodgson, Russ, Andrews,
Woods & Goodyear, and more specifically, the services of A. Joseph
Scott, III, Esq., and Karen S. Martell, Esq., of that firm, for
purposes of assisting in the determination of whether a refunding
of bonds would be appropriate for the Town, and
BE IT FURTHER,
RESOLVED, that the cost of such legal services shall not
exceed the sum of $5,000., without further authorization of the
Town Board, and
BE IT FURTHER,
RESOLVED, that the services of Hodgson, Russ, Andrews, Woods &
Goodyear, shall be paid for from Account No.: 01-1420-4130, with
appropriations of $5,000. to be transferred from the Contingency
Account No.: 01-1990-4400.
Duly adopted this 15th day of May, 1995, by the following
vote:
AYES : Mrs. Pulver, Mr. Turner, Mr. Caimano, Mr. Champagne
NOES : None
ABSENT: Mrs. Monahan