107.2016 Res Authorizing Capital Park Improvement Projects 03-07-2016 RESOLUTION AUTHORIZING CAPITAL PARK IMPROVEMENT
PROJECTS, INCREASES IN PARK IMPROVEMENT PROJECTS AND
WITHDRAWALS FROM CAPITAL RESERVES #61 AND #64
RESOLUTION NO.: 107,2016
INTRODUCED BY: Mr. Doug Irish
WHO MOVED ITS ADOPTION
SECONDED BY: Mr.William VanNess
WHEREAS, the Queensbury Town Board previously established Capital Reserve Funds
known as the Recreation Reserve No. 61 (Fund No. 61) and Capital Reserve No. 64 (Fund No. 64)for
future capital projects, and
WHEREAS, by Memorandum to the Town Board dated February 26f`, 2016, the Town
Recreation Commission presented a list of proposed specific capital improvements and certain
maintenance projects at several of the Town Parks(Projects), and
WHEREAS, the Town Board wishes to authorize such Projects and the withdrawal and
expenditure of moneys from Reserve No. 61 in the total estimated amount of$39,000 as follows:
Park Location Proiect Cost Est.
Gurnev Lane $1 ,000
West End Park $ x,000
Hovev Pond Park $11,000
Hudson River Park $ 8,000
TOTAL PROJECT $39,000
ESTIMATES
with such specific repairs, upgrades, projects, etc., as set forth in the February 26th Memorandum
presented at this meeting, and
WHEREAS, the Town Board also wishes to authorize a withdrawal and expenditure in the
total estimated amount of$80,000 from Reserve No. 64 toward specific facility repairs, infrastructure
upgrades and equipment storage garage at Gurney Lane, and
WHEREAS, in accordance with New York State General Municipal Law §6(c), the Town
Board is authorized to withdraw and expend funds from Reserves #61 and #64 subject to permissive
referendum,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes the specific capital
improvements and certain maintenance projects (Projects) and expenditures in the total estimated
amount of$119,000 ($39,000 from Reserve#61 and $80,000 from Reserve#64), as follows:
Park Location Total Proiect Cost Est.
Gurnev Lane $9 ,000
West End Park $ x,000
Hovev Pond Park $11,000
Hudson River Park $ 8,000
TOTAL PROJECT $119,000
ESTIMATES
with such specific repairs, upgrades, projects, etc., as set forth in the February 26t`, 2016 Memorandum
presented at this meeting, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby authorizes:
1. a transfer from Reserve No.: 61 in the amount of$39,000; and
2. a transfer from Reserve No.: 64 in the amount of$80,000;
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to fund such Projects, such respective fund amounts to be placed into the respective Park
Improvement Project Funds, reopening them as may be necessary, and the Town Board further directs
that in the event there are funds remaining in such Funds after completion of the Project(s) or in the
event that the Project(s) are not undertaken, the moneys in such Funds shall be returned to the
Reserve(s), and
BE IT FURTHER,
RESOLVED, that the Town Board hereby increases appropriations in:
• Expense Account No.: 157-7110-2899 in the amount of$95,000 — Capital Construction
and 001-9950-9030-0061 — Transfer to Capital Project in the amount of $15,000 and
001-9950-9030-0064 — Transfer to Capital Project in the amount of $80,000 and
estimated revenues in Account No.: 157-0000-55031 in the amount of$95,000;
• Expense Account No.: 169-7110-2899 in the amount of $5,000 — Capital Construction
and 001-9950-9030-0061 — Transfer to Capital Project in the amount of $5,000 and
estimated revenues in Account No.: 169-0000-55031 in the amount of$5,000;
• Expense Account No.: 146-7110-2899 in the amount of$11,000 — Capital Construction
and 001-9950-9030-0061 — Transfer to Capital Project in the amount of $11,000 and
estimated revenues in Account No.: 146-0000-55031 in the amount of$11,000,
• Expense Account No.: 107-7110-2899 in the amount of $8,000 — Capital Construction
and 001-9950-9030-0061 — Transfer to Capital Project in the amount of $8,000 and
estimated revenues in Account No.: 107-0000-55031 in the amount of$8,000, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby finds that the withdrawal and expenditure for such
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Projects are expenditures for specific capital projects and certain maintenance projects for which the
Reserve Accounts were established, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Parks
&Recreation Director and/or Town Budget Officer to take all actions necessary to effectuate the terms
of this Resolution, and
BE IT FURTHER,
RESOLVED, that this Resolution is subject to a permissive referendum in accordance with the
provisions of Town Law Article 7 and the Town Board hereby authorizes and directs the Town Clerk
to publish and post such notices and take such other actions as may be required by law.
Duly adopted this 7h day of March, 2016 by the following vote:
AYES Mr. Clements, Mr. Irish, Mr. VanNess, Mr. Strough, Mr. Metivier
NOES None
ABSENT: None
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