496.98
RESOLUTION AUTHORIZING RENEWAL OF DIRECTORS & OFFICERS
INSURANCE POLICY FOR THE QUEENSBURY ECONOMIC
DEVELOPMENT CORPORATION (QEDC)
RESOLUTION NO.: 496, 98
INTRODUCED BY: Mr. Douglas Irish
WHO MOVED FOR ITS ADOPTION
SECONDED BY: Mr. Pliney Tucker
WHEREAS, the Queensbury Economic Development Corporation (QEDC) Directors &
Officers Insurance Policy is due to expire in December, 1998, and
WHEREAS, the Town Controller has requested Town Board authorization to pay the renewal
premium of $1,275 from Fund 013, the Town’s Economic Assistance Fund,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby approves of the
renewal of the Directors & Officers Insurance Policy for the QEDC in the amount of $1,275 from
Fund 013, the Town’s Economic Assistance Fund, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Controller and/or
Town Supervisor to prepare any necessary applications or forms and take any other action necessary to
effectuate the terms of this Resolution.
st
Duly adopted this 21 day of December, 1998, by the following vote:
AYES : Mr. Tucker, Mr. Merrill, Mr. Turner, Mr. Irish, Mr. Champagne
NOES : None
ABSENT: None