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093.2016 Closure of Aviation Dixon Farr Lane Capital Project RESOLUTION AUTHORIZING CLOSURE OF AVIATION ROAD/DIXON/FARR LANE INTERSECTION IMPROVEMENTS CAPITAL PROJECT FUND #192 RESOLUTION NO.: 93, 2016 INTRODUCED BY: Mr. William VanNess WHO MOVED ITS ADOPTION SECONDED BY: Mr. Brian Clements WHEREAS, in accordance with Resolution No.: 232,2012, the Queensbury Town Board established the Aviation Road/Dixon/Farr Lane Intersection Improvements Capital Project Fund #192, and WHEREAS, the Town's Senior Planner has advised that the Project is complete and therefore the Project Fund may be closed, and WHEREAS, the Town's accounting records show that there is approximately $273,653 remaining in Fund #192, and WHEREAS, the Town Board wishes to close such Fund #192 and transfer its remaining balance to Capital Reserve Fund #64, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town Budget Officer to close the Aviation Road/Dixon/Farr Lane Intersection Improvements Capital Project Fund #192 and transfer its remaining approximately $273,653 to Capital Reserve Fund #64, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Town Budget Officer and/or Accountant to take such other and further action as may be necessary to effectuate all terms of this Resolution. Duly adopted this 22"d day of February, 2016, by the following vote: AYES Mr. Clements, Mr. VanNess, Mr. Strough, Mr. Metivier NOES None ABSENT: Mr. Irish