WHEREAS, pursuant to a resolution, duly adopted by this Board, the Town entered into an agreement with Penflex Actuarial Services, LLC. (“Penflex”), 50 Century Hill Dr., Suite 3, Latham, NY 12110 (the “Contractor”), to provide actuarial and administrative services (the “Services”) for the Length of Service Award Program (the “LOSAP Program”) for the Albertson Hook & Ladder, Engine & Hose Company #1 (the “Original Agreement”); and
WHEREAS, the Comptroller’s Office has recommended that the Town amend the Original Agreement to include an analysis of the cost estimate from increasing the service credit maximum under the LOSAP Program from 40 years to 50 years, thereby increasing the contract amount under the Original Agreement by an amount not to exceed Seven Hundred Fifty and 00/100 Dollars ($750.00) (the “Amendment”); and
WHEREAS, the Town Board finds it in the best interests of the Town to authorize the Amendment.
NOW, THEREFORE, BE IT
RESOLVED that the Amendment be and hereby is authorized; and be it further
RESOLVED the Supervisor or her designee is authorized and directed to execute, on behalf of the Town, the Amendment, all as more particularly set forth in a copy of the Amendment, which shall be on file in the Office of the Town Clerk; and be it further
RESOLVED that the Office of the Town Attorney be and hereby is authorized and directed to negotiate and supervise the execution of the Amendment; and be it further
RESOLVED that the Comptroller be and hereby is authorized and directed to pay the costs of the Amendment upon receipt of duly executed Amendment and certified claims therefor.
Dated: Manhasset, New York
May 7, 2024
The vote on the foregoing resolution was recorded as follows:
Ayes: Councilperson Adhami, Councilperson Dalimonte, Councilperson Liu, Councilperson Scott, Councilperson Walsh, Supervisor DeSena.
Nays: None.
Absent: Councilperson Troiano.
cc: Town Attorney Comptroller |