063.96
RESOLUTION AUTHORIZING AMENDMENT TO MODIFICATION AGREEMENT
BETWEEN THE TOWN OF QUEENSBURY AND LAD ENTERPRISES, INC.
RESOLUTION NO. 63, 96
INTRODUCED BY: Mr. Theodore Turner
WHO MOVED ITS ADOPTION
SECONDED BY: Mrs. Carol Pulver
WHEREAS, the Town Board of the Town of Queensbury, by
resolution adopted on the 15th day of January, 1996, approved a
Modification Agreement between the Town Board of the Town of
Queensbury, Lad Enterprises, Inc., and The Michaels Group, L.L.C.,
and
WHEREAS, the aforesaid agreement indicated that an amount of
$24,548.13 would be paid through Phase I, whereas the Developer has
actually paid the sum of $24,568.48, or $20.35 more than
anticipated, and has indicated that the Town may retain the
overage,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury,
hereby approves an amendment to the aforesaid Modification
Agreement, such that the amount that is reflected as paid by the
Developer shall be $24,568.48, and the amount remaining due shall
be $17,275.04, instead of the amount set forth therein of
$17,295.13.
Duly adopted this 22nd day of January, 1996 by the following
vote:
AYES : Mrs. Monahan, Mr. Turner, Mrs. Goedert, Mrs. Pulver,
Mr. Champagne
NOES : None
ABSENT : None