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122.2013 Firefigher Service Award Trust Agreement RESOLUTION AUTHORIZING ADOPTION OF AMENDED AND RESTATED TOWN OF QUEENSBURY VOLUNTEER FIREFIGHTER SERVICE AWARD TRUST AGREEMENT RESOLUTION NO.: 122,2013 INTRODUCED BY: Mr. Tim Brewer WHO MOVED ITS ADOPTION SECONDED BY: Mr.Anthony Metivier WHEREAS, the Queensbury Town Board previously established a defined contribution Volunteer Firefighter Service Award Program (the "Service Award Program") for the Town's five (5) Volunteer Fire Companies (the "Companies"), and WHEREAS, the Town's current Service Award Program provides for a Trust Agreement and the Town Board may amend such Trust Agreement provided that the changes comply with all governing rules, regulations and laws, and WHEREAS, the Town Board wishes to amend and restate the Trust Agreement between the Town of Queensbury and the Glens Falls National Bank and Trust Company, Trustee, as set forth in the "Amended and Restated Town of Queensbury Volunteer Firefighter Service Award Program Trust Agreement" substantially in the form presented at this meeting, NOW, THEREFORE,BE IT RESOLVED, that the Queensbury Town Board hereby authorizes the "Amended and Restated Town of Queensbury Volunteer Firefighter Service Award Program Trust Agreement" between the Town of Queensbury and the Glens Falls National Bank and Trust Company, substantially in the form presented at this meeting, and BE IT FURTHER, RESOLVED, that the Town Board hereby authorizes and directs the Town Supervisor to execute such Agreement, and any other needed documentation, including, without limitation, Fee Schedules and Investment Objectives, and the Town Supervisor, Town Budget Officer and/or Town Counsel to take any other actions necessary to effectuate the terms of this Resolution. Duly adopted this 25th day of February, 2013,by the following vote: AYES: Mr. Strough,Mr. Brewer, Mr. Metivier NOES: None ABSENT: Mr. Montesi 2