RESOLUTION NO. 448
AUTHORIZING AN AGREEMENT WITH THE ADVANCE ALBANY COUNTY ALLIANCE AND AMENDING THE 2020 ALBANY COUNTY BUDGET
Introduced: 11/9/20
By Messrs. A. Joyce, Feeney, Ward, Peter, Ms. Willingham, Messrs. Cleary, Bruschi, Reidy, Smith, Efekoro, O'Brien, Reinhardt, Ricard, R. Joyce, Clay, Ms. Lekakis, Messrs. Miller, Domalewicz and Burgdorf:
WHEREAS, By Resolution No. 395 for 2020, the Legislature authorized the submission of a Certificate of Incorporation for the Advance Albany County Alliance, a Local Development Corporation, for the purpose of leading economic development efforts in Albany County, and
WHEREAS, The need for this coordinated approach is particularly important as Albany County and the region recover from the devastating economic impacts of the COVID-19 global health pandemic, and
WHEREAS, The Director of the Department of Economic Development, Conservation and Planning has requested that the County of Albany provide initial funding for the Advance Albany County Alliance in the amount of $500,000, so that the Alliance may rapidly deploy its efforts, now, therefore be it
RESOLVED, By the Albany County Legislature that the County Executive is authorized to enter into an agreement with the Advance Albany County Alliance in the amount of $500,000 to help it align the many resources focused on economic development in Albany County, and, be it further
RESOLVED, That the 2020 Albany County Budget is amended as follows:
Decrease Appropriation Account A1990.4 by $500,000 by Decreasing Line Item A1990 4 4999 Misc. Contractual Expense by $500,000
Increase Appropriation Account A8020.4 by $500,000 by Increasing Line Item A8020 4 4046 Fees for Services by $500,000
and, be it further
RESOLVED, That the County Attorney is authorized to approve said agreement as to form and content, and, be it further
RESOLVED, That the Clerk of the County Legislature is directed to forward certified copies of th...
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