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428.97 RESOLUTION AUTHORIZING RELEASE OF ESCROW FUNDS FOR COMPLETION OF FAIRWAY COURT TO KENNETH M. COLLETTE AND LAURA M. COLLETTE RESOLUTION NO.: 428.97 INTRODUCED BY: Mrs. Betty Monahan WHO MOVED ITS ADOPTION SECONDED BY: Mr. Theodore Turner WHEREAS, the Town Board of the Town of Queensbury, by Resolution No. 281, 93, accepted the dedication of Fairway Court, and WHEREAS, as part of said resolution, the Town Board accepted a certified check in the amount of $7,000.00 and Escrow Agreement promising to complete the road from Kenneth and Laura Collette, and WHEREAS, Paul H. Naylor, Town Highway Superintendent has advised that he has performed the final inspection of the top coat of black top on Fairway Court and it does meet with the Town of Queensbury's specification, and therefore, Mr. Naylor has recommended the release of the $7,000.00, NOW, THEREFORE, BE IT RESOLVED, that the Town Board of the Town of Queensbury hereby authorizes and directs the release of the amount of $7,000, plus all accrued interest, to Kenneth M. Collette and Laura M. Collette. Duly adopted this 17th day of November, 1997 by the following vote: AYES : Mrs. Pulver, Mrs. Monahan, Mr. Turner Mrs. Goedert, Mr. Champagne NOES : None ABSENT : None