385.99
RESOLUTION ESTABLISHING ESCROW ACCOUNT FOR ENGINEERING
AND REVIEW FEES REGARDING PROPOSED EXPANSION OF THE
GREAT ESCAPE THEME PARK
RESOLUTION NO.: 385,99
INTRODUCED BY: Mr. Douglas Irish
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Theodore Turner
WHEREAS, Premier Parks has proposed an expansion of the Great Escape Theme Park on
Route 9, Queensbury, and
WHEREAS, the Executive Director of Community Development has requested that the Town
Board of the Town of Queensbury authorize the establishment of an Escrow Account because of the
additional Town engineering and review services that will be necessary due to the Planning Board’s
need to review an Environmental Impact Statement (EIS) being prepared by the project sponsor,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby authorizes the
establishment of an escrow account to be used in connection with Town engineering and review fees
that will be necessary due to the review of Draft and Final Environmental Impact Statements regarding
the Great Escape expansion project, and
BE IT FURTHER,
RESOLVED, that the Town Board of the Town of Queensbury further authorizes that an
Escrow Agreement be entered into between the Town of Queensbury and Premier Parks, such
Agreement being in form approved by Town Counsel, and
BE IT FURTHER,
RESOLVED, that the Town Board of the Town of Queensbury further authorizes and directs
the Town Controller and Town Supervisor to execute any agreements and take any action necessary to
effectuate the terms of this Resolution.
th
Duly adopted this 15 day of November, 1999 by the following vote:
AYES : Mr. Tucker, Mr. Merrill, Mr. Turner, Mr. Irish, Mr. Champagne
NOES : None
ABSENT : None