202.2012 Engagement of Environmental Captial Re Bond RESOLUTION AUTHORIZING ENGAGEMENT OF ENVIRONMENTAL
CAPITAL LLC TO PROVIDE FINANCIAL ADVISORY SERVICES IN
CONNECTION WITH TOWN'S PROPOSED REFUNDING OF CUSIP BOND
#748250 ISSUED ON DECEMBER 15, 2003
RESOLUTION NO.: 202,2012
INTRODUCED BY: Mr. Tim Brewer
WHO MOVED ITS ADOPTION
SECONDED BY: Mr.Anthony Metivier
WHEREAS, the Queensbury Town Board wishes to engage the services of Environmental
Capital LLC to provide financial advisory services in connection with the Town's proposed refunding
of its bond: CUSIP #748250, issued on December 15th, 2003 in the amount of$2,880,333, and
WHEREAS, Environmental Capital LLC has offered to render these services for the amount of
$8,500 contingent upon the successful completion of the financing, plus customary reimbursable
expenses, and
WHEREAS, the Town Budget Officer recommends engagement of Environmental Capital
LLC to provide these services,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes engagement of
Environmental Capital LLC to provide financial advisory services in connection with the Town's
proposed refunding of its bond: CUSIP #748250, issued on December 15th, 2003 in the amount of
$2,880,333, for an amount not to exceed $8,500, and
BE IT FURTHER,
RESOLVED, that the payment for the financial advisory services shall be paid at or after the
loan closing and shall be charged to the appropriate account as a cost of debt issuance, and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs the Town Budget Officer to amend
the 2012 Town Budget and/or take any actions necessary to provide for payment of such services, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to
execute the proposal, Agreement and/or any other needed documentation and take any action
necessary to effectuate the terms of this Resolution, and
BE IT FURTHER,
Duly adopted this 2nd day of July, 2012 by the following vote:
AYES Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough, Mr. Brewer
NOES None
ABSENT: None