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615.95 RESOLUTION APPROVING MODIFICATION AGREEMENT BETWEEN THE TOWN OF QUEENSBURY, HUDSON POINTE, INC., AND THE OPEN SPACE INSTITUTE CONCERNING CONSERVATION AREAS IN HUDSON POINTE PUD RESOLUTION NO. 615, 95 INTRODUCED BY: Mrs. Betty Monahan WHO MOVED ITS ADOPTION SECONDED BY: Mrs. Carol Pulver WHEREAS, the Town of Queensbury, the Open Space Institute, and Hudson Pointe, Inc., have heretofore entered into an agreement titled, "Hudson Pointe P.U.D. Conservation Area Agreement," which agreement provided for, among other things, the expenditure of $20,000., by the Open Space Institute, not later than December 31, 1995, and WHEREAS, in accordance with discussions had between the parties, all parties would like to extend the time in which the Open Space Institute may expend the sum of $20,000., provided in the aforesaid agreement, until June 30, 1996, NOW, THEREFORE, BE IT RESOLVED, that the Town Board of the Town of Queensbury hereby approves the Modification Agreement presented at this meeting, which agreement modifies the Hudson Pointe P.U.D. Conservation Area Agreement, and hereby further authorizes and directs the Town Supervisor to execute the same on behalf of the Town of Queensbury, and arrange for the placement of the seal on said agreement if it is necessary, and to take such other and further steps to carry out the terms and provisions of the Modification Agreement as may be necessary. Duly adopted this 4th day of December, 1995, by the following vote: AYES : Mrs. Pulver, Mrs. Monahan, Mr. Turner, Mrs. Goedert, Mr. Champagne NOES : None ABSENT: None