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304.2017 Transfer Funds for Capital Project #203 RESOLUTION AUTHORIZING TRANSFER OF FUNDS FROM UNDESIGNATED GENERAL FUND BALANCE TO TOWN OFFICE COMPLEX IMPROVEMENTS CAPITAL PROJECT FUND #203 RESOLUTION NO.: 304, 2017 INTRODUCED BY: Mr. Tim Brewer WHO MOVED ITS ADOPTION SECONDED BY: Mr.Anthony Metivier WHEREAS, by Resolution No.: 483,2013, the Queensbury Town Board established the Town Office Complex Improvements Capital Project Fund 4203 for funding of certain improvements at the Town's Office Building Complex(Project), and WHEREAS, by Memorandum dated September 21, 2017, the Town Facilities Manager has proposed several major Town Office Building Complex capital improvements that he feels would improve Town operational efficiencies, reduce operational costs and improve facility aesthetics, all which require funding, and WHEREAS, the Town Board wishes to authorize a transfer of$1,250,000 from the Town's Undesignated General Fund Balance to Capital Project Fund 4203 for future Town Office Building Complex renovations, repairs and projects, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board authorizes and directs the Town Budget Officer to transfer $1,250,000 from the Town's Undesignated General Fund Balance to the Town Office Complex Improvements Capital Project Fund 4203 for future Town Office Building Complex renovations, repairs and projects and make any adjustments, budget amendments, transfers or prepare any documentation necessary to establish appropriations and estimated revenues and take all other actions necessary to effectuate the terms of this Resolution. Duly adopted this 16th day of October, 2017, by the following vote: AYES Mr. Strough, Mr. Metivier, Mr. Brewer NOES Mr. Clements ABSENT : Mr. Irish 2