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FINANCIAL\2018\Close Capital Project 183—LWRP Program Grant Project—5-6-18
RESOLUTION AUTHORIZING CLOSURE OF LWRP GRANT
CAPITAL PROJECT FUND #183
RESOLUTION NO.: , 2018
INTRODUCED BY:
WHO MOVED ITS ADOPTION
SECONDED BY:
WHEREAS, in accordance with Resolution No.: 117,2011, the Queensbury Town Board
established the Capital Project Fund known as the "LWRP Grant Fund 4183," which Fund
established funding from the Capital Reserve Fund 464 for expenses associated with grant funds
received by the Town through the New York State Department of State Local Waterfront
Revitalization Program,
WHEREAS, Town Accountant has advised that all grant funds have been received and
therefore the Project Fund may be closed, and
WHEREAS, the Town's accounting records show that there is $10,000 remaining in
Fund 4 18 3, and
WHEREAS, the Town Board wishes to close such Fund 4183 and transfer its remaining
balance to the Capital Reserve Fund 464,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town
Budget Officer to close the LWRP Grant Capital Project Fund 4183 and transfer its remaining
$10,000 to the Capital Reserve Fund 464, 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 7th day of May, 2018, by the following vote:
AYES
NOES
ABSENT:
RESOLUTION AUTHORIZING ACCEPTANCE OF LOCAL
WATERFRONT REVITALIZATION PROGRAM GRANT FUNDS FROM
NEW YORK STATE DEPARTMENT OF STATE, ESTABLISHING
APPROPRIATIONS AND ESTIMATED REVENUES FOR SUCH FUNDS
AND ESTABLISHING NEW CAPITAL PROJECT FUND #183 -
LWRP PROGRAM GRANT
RESOLUTION NO.: 117,2011
INTRODUCED BY: Mr.John Strough
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Tim Brewer
WHEREAS, by Resolution No.: 268,2009, the Queensbury Town Board authorized The
Chazen Companies to submit a Local Waterfront Revitalization Program (LWRP) grant application
to fund an evaluation of development and re-use opportunities for the Ciba Geigy site on Warren
Street in the Town of Queensbury, and
WHEREAS, such Grant Application was submitted and the Town has been awarded a
maximum grant award in the amount of$55,000 from the New York State Department of State,
such funds to be: 1) matched by the Town, and 2) used toward the study of target Brownfield areas
within the Town and formulation of plans of action to redevelop such identified areas,and
WHEREAS, the Town Board wishes to: 1) authorize acceptance of such grant funds; 2)
establish a Capital Project Fund #183 — LWRP Program Grant; 3) establish appropriations from
the Capital Reserve Fund and estimated revenues for the grant award; and 4) authorize a temporary
loan from the Capital Reserve Fund, and
WHEREAS, the Town Board is authorized to withdraw and expend funds from the Capital
Reserve Fund subject to a thirty(30) day permissive referendum, and
WHEREAS, the Town Board wishes to authorize repayment of the temporary loan to the
Capital Reserve upon completion of the Project,
NOW, THEREFORE,BE IT
RESOLVED, that the Queensbury Town Board hereby accepts the $55,000 in grant funds
to be received from the New York State Department of State and authorizes and directs the Town
Supervisor to execute a Grant Agreement with the New York State Department of State, such Grant
Agreement substantially in the form presented at this meeting and in form acceptable to the Town
Supervisor and Town Counsel,and any other associated documentation, and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs the establishment of a Capital
Project Fund to be known as the "LWRP Grant Fund #183," which Fund will establish funding
from the Capital Reserve Fund #64 for expenses associated with the grant funds and establishes
initial appropriations of one-hundred ten thousand dollars ($110,000) and estimated revenues for
Capital Project Fund #183 in the amount of one-hundred ten thousand dollars ($110,000) to be
funded from grant funds in the amount of fifty-five thousand Dollars ($55,000) received by the
Town through the New York State Department of State Local Waterfront Revitalization Program,
and fifty-five thousand Dollars ($55,000) from the Capital Reserve Fund#64, and
BE IT FURTHER,
RESOLVED, that all funds shall be used consistent with and for the purposes set forth in
the Grant documents, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Budget Officer to
make any necessary adjustments, budget amendments, transfers or prepare any documentation
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necessary to establish such appropriations and estimated revenues and authorizes the Town
Supervisor, Senior Planner and/or Budget Officer to take all other action necessary to effectuate the
terms of this Resolution, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes repayment of the temporary loan to
the Capital Reserve upon completion of the Project, 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 21st day of March, 2011,by the following vote:
AYES : Mr. Strough,Mr. Brewer, Mr. Stec,Mr. Metivier
NOES : None
ABSENT : Mr. Montesi
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