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
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