267.91RESOLUTION AUTHORIZING WITHDRAWAL FROM HIGHWAY GARAGAE RESERVE FUND
RESOLUTION NO. 267, 1991,
Introduced by Mrs. Marilyn Potenza who
moved for its adoption, seconded by Mr. George Kurosaka:
WHEREAS, by resolution no. 732 of 1989, the Town Board of the Town
of Queensbury recognized the Highway Garage Fund as a Reserve Fund
bearing no. H27 (now known as fund No. 62), and
WHEREAS, the Town Board of the Town of Queensbury is desirous of
withdrawing the amount of $60,000.00 from said Fund, and
transferring the same to the Highway Improvement Capital Project
Fund, which was established for the purposes of making improvements
to the Highway Garage Roof and for the purposes of making
improvements to the interior parts of the Highway building to
arrange for conversion of the same form courtroom facilities to
Highway Department facilities, and of authorizing the improvements
for which the said fund was established,
NOW, THEREFORE BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby
authorizes a withdrawal and expenditure from the aforesaid Capital
Reserve Fund known as the Highway Garage Reserve, in the total
amount of $60,000.00 to be deposited or transferred to the Highway
Garage Capital Project Fund, and to be expended form the purposes
for which such fund was established as hereinabove set forth, and
BE IT FURTHER
RESOLVED, that the Queensbury Town Board hereby further directs
that in the event that there are any funds remaining in said
Capital Project Fund, after complete payment of the project or
improvements referred to, the monies in said Fund shall be returned
to the Capital Reserve Fund referred to herein, and
BE IT FURTHER,
RESOLVED, that at the time the aforedescribed transfers are
actually made, the Town Supervisor as Chief Fiscal Officer, is
hereby authorized and directed to increase appropriations in the
aforesaid Capital Project Fund by the appropriate amount of
$60,000.00 and amend the 1991 Capital Project Fund budget as may be
necessary and make all other proper accounting entries and
budgetary amendments that may be necessary in connection with this
withdrawal and transfer of funds, including any amendments that may
be necessary to the 1991 General Town Budget, and
BE IT FURTHER
RESOLVED, that this resolution shall be subject to a permissive
referendum in accordance with the provisions of Article 7 of the
Town Law, and the Queensbury Town Clerk is hereby authorized and
directed to publish and post such notices and to take such other
and further actions as may be required by law.
Duly adopted this 6th day of May, 1991, by the following vote:
Ayes: Mr. Kurosaka, Mrs. Potenza, Mr. Montesi, Mrs. Monahan, Mr.
Borgos
Noes: None
Absent: None