158.2019 Cosure of Highway Garage Capital Project#194
RESOLUTION AUTHORIZING CLOSURE OF HIGHWAY GARAGE
REPAIRS CAPITAL PROJECT FUND #194
RESOLUTION NO.: 158, 2019
INTRODUCED BY: Mr. Anthony Metivier
WHO MOVED ITS ADOPTION
SECONDED BY: Mrs. Catherine Atherden
WHEREAS, by Resolution No.: 319,2012, the Queensbury Town Board established
Highway Building Repairs Capital Project Fund #194 (Fund #194) which established funding
toward certain renovations at the Town’s Highway Garage, and
WHEREAS, by Resolution No.: 82, 2016, the Town Board established Highway Garage
Capital Project Fund #208 (Fund #208) which established funding for expenses associated with
the feasibility of the construction of a new Town Highway Garage, and
WHEREAS, by Resolution No.: 289,2017, the Town Board authorized the transfer of
$2,370,000 from the Town’s General Fund Undesignated, Unassigned Fund Balance into Fund
#194 toward Highway Garage renovations but the Town Board now wishes to build a new
Highway Garage and accordingly transfer all monies currently in #194 into Fund #208, and
WHEREAS, upon the transfer of such funds, Fund #194 may be closed, and
WHEREAS, the Town’s accounting records show that there is $2,389,740.02 remaining
in Fund #194 so the Town Board wishes to transfer this remaining balance to Fund #208 and
close Fund #194,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town
Budget Officer to close Highway Building Repairs Capital Project Fund #194 (Fund #194) and
transfer its remaining balance of $2,389,740.02 to Highway Garage Capital Project Fund #208
(Fund #208), and
BE IT FURTHER,
RESOLVED that the Town Board further authorizes and directs the Town Budget Officer
to take all action necessary to increase the following appropriations and revenues as necessary:
194-9950-9030 - Transfer to Capital Project - $2,389,740.02
208-0000-55031 - Interfund Revenue - $2,389,740.02
208-1620-2899 – Capital Construction - $2,389,740.02
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.
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Duly adopted this 6 day of May, 2019, by the following vote:
AYES : Mr. Ferone, Mr. Strough, Mr. Metivier, Mrs. Atherden
NOES : None
ABSENT: Mrs. Switzer