113.2008
RESOLUTION AUTHORIZING WEST END PARK IMPROVEMENT
PROJECT AND WITHDRAWAL FROM CAPITAL RESERVE FUND NO.’S:
61 AND 64 FOR SUCH PROJECT
RESOLUTION NO.: 113, 2008
INTRODUCED BY: Mr. Tim Brewer
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. John Strough
WHEREAS, the Queensbury Town Board previously established a Capital Reserve Fund
known as the Recreation Assessment Reserve Fund No. 61 (Fund No. 61) for future recreational
developments, and
WHEREAS, the Town Board previously established a Capital Improvement Plan Reserve
Fund No. 64 (Fund No. 64) for future Town project developments, and
WHEREAS, the Town Board wishes to withdraw and expend moneys from such reserve
accounts in the amount of $118,276.18 ($30,000 from Fund No. 61 and $88,276.18 from Fund No.
64) for specific capital improvements and certain items of equipment for the West End Park
Improvement Project to consist of:
1.demolition and removal of the old basketball court;
2.installing a new playground area;
3.installing a new basketball court;
4.site work to create an informal ball field with backstop;
5.landscaping and improving the entryway and creation of parking area; and
6.professional services for all of the above; and
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WHEREAS, in accordance with New York State General Municipal Law 6(c), the Town
Board is authorized to withdraw and expend funds from Fund No.’s: 61 and 64 subject to permissive
referendum,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes the recreation project
known as the West End Park Improvement Project and authorizes expenditures in the total amount of
$219,000 for the work described in the preambles of this Resolution, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby authorizes and directs the Town Supervisor to
establish a separate capital project fund for such Project – West End Park Improvement Project Capital
Project Fund #169, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby authorizes a transfer from Fund No.: 61 in the
amount of $30,000 and a transfer from Fund No.: 64 in the amount of $96,256.83 to fund such
Project, such funds to be placed into the capital project fund to be established in accordance with this
Resolution and the Town Board further directs that in the event there are funds remaining in such
capital project fund after completion of the Project or in the event that the Project is not undertaken,
the moneys in the capital project fund shall be returned to the capital reserve fund, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby finds that the withdrawal and expenditure for the
West End Park Improvement Project is an expenditure for a specific capital project and items of
equipment for which the reserve account was established, and
BE IT FURTHER,
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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.
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Duly adopted this 28 day of January, 2008 by the following vote:
AYES: Mr. Montesi, Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Metivier
NOES: None
ABSENT: None
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