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071.2009RESOLUTION AMENDING RESOLUTION NO.: 580,2008 REGARDING AGREEMENT BETWEEN TOWN OF QUEENSBURY AND ADIRONDACK BALLOON FESTIVAL RESOLUTION NO.: 71, 2009 INTRODUCED BY: Mr. Tim Brewer WHO MOVED ITS ADOPTION SECONDED BY: Mr. Ronald Montesi WHEREAS, by Resolution No.: 580,2008 the Queensbury Town Board approved and authorized a Local Tourism Promotion and Convention Development Agreement with the Adirondack Balloon Festival and corresponding funding to the Adirondack Balloon Festival in an amount not to exceed $1,300, and WHEREAS, the Adirondack Balloon Festival has revised its request for funding in that it wishes to request $10, 000 in funding (as it had similarly requested and received from the Town in 2008) rather than the amount of $1,300, and WHEREAS, the Town Board wishes to authorize such funding amount and amend Resolution No.: 580,2008 accordingly, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby amends Resolution No.: 580,2008 such that the amount authorized to the Adirondack Balloon Festival for 2009 shall not exceed $10,000, and BE IT FURTHER, RESOLVED, that the Town Board authorizes and directs the Town Supervisor to execute a revised Agreement between the Town and the Adirondack Balloon Festival substantially in the form presented at this meeting and BE IT FURTHER, RESOLVED, that the Town Board hereby affirms and ratifies Resolution No.: 580,2008 in all other respects. Duly adopted this 23rd day of February, 2009, by the following vote: AYES Mr. Montesi, Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Metivier NOES :None ABSENT: None