472.2007
RESOLUTION AUTHORIZING CLOSURE OF MEADOW LANE WATER
MAIN REPLACEMENT CAPITAL PROJECT FUND NO: 152
RESOLUTION NO.: 472, 2007
INTRODUCED BY: Mr. John Strough
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Tim Brewer
WHEREAS, in accordance with Resolution No.: 350,2005, the Queensbury Town Board
established the Meadow Lane Water Main Replacement Capital Project Fund #152, and
WHEREAS, the Town Water Superintendent has advised that the project is complete,
and
Whereas, the Town’s accounting records show that there is approximately $252,197.88
remaining in Capital Project Fund No. 152, and
WHEREAS, the Town Board wishes to close this Capital Project Fund and transfer the
Fund’s remaining fund balance to Water Capital Reserve Fund No. 65,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town
Fiscal Manager to close the Meadow Lane Water Main Replacement Capital Project Fund No.:
152 and transfer the Fund’s remaining balance to Water Capital Reserve Fund No. 65, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Fiscal
Manager to take such other and further action as may be necessary to effectuate all terms of this
Resolution.
th
Duly adopted this 5 day of November, 2007, by the following vote:
AYES : Mr. Brewer, Mr. Stec, Mr. Boor, Mr. Sanford, Mr. Strough
NOES : None
ABSENT: None