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660.95 RESOLUTION AUTHORIZING RELEASE OF A PORTION OF RETAINAGE - DELANEY CONTRACT RESOLUTION NO.: 660, 95 INTRODUCED BY: Mrs. Carol Pulver WHO MOVED ITS ADOPTION SECONDED BY: Mr. Fred Champagne WHEREAS, the Town of Queensbury previously entered into a contract with Delaney Construction Corporation, for construction services in connection with the closure of the Town of Queensbury Landfill, and WHEREAS, the Town Board of the Town of Queensbury has been advised that the work is substantially complete, and Delaney Construction Corporation has requested the return of the monies held as retainage in connection with such contract, such that an amount of one-percent (1%) or approximately one-percent (1%) will be left in retainage, and WHEREAS, the Engineers for the Town, Malcolm Pirnie, Inc., have indicated their approval of the request for the release of retainage, NOW, THEREFORE, BE IT RESOLVED, that the Town Board of the Town of Queensbury hereby authorizes the Town Supervisor and Town Comptroller to arrange for the return of a percentage of the retainage in connection with the contract between the Town of Queensbury and Delaney Construction Corporation, such that the retainage is reduced to $23,509.97, and BE IT FURTHER, RESOLVED, that the Town Supervisor is hereby authorized to take such steps and execute such documents and place the Town seal on such documents as may be necessary to carry out the terms and conditions of this resolution. Duly adopted this 18th day of December, 1995, by the following vote: AYES: Mrs. Monahan, Mr. Turner, Mrs. Goedert, Mrs. Pulver, Mr. Champagne NOES: None ABSENT:None