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166.2008 RESOLUTION AUTHORIZING CLOSURE OFMEADOWBROOK ROAD AREA WATER MAIN REPLACEMENT PROJECT FUND NO: 160 RESOLUTION NO.: 166, 2007 INTRODUCED BY: Mr. Ronald Montesi WHO MOVED ITS ADOPTION SECONDED BY: Mr. Anthony Metivier WHEREAS, in accordance with Resolution No.: 309,2006, the Queensbury Town Board established the Meadowbrook Road Area Water Main Replacement Capital Project Fund #160, 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 $141,017.36 remaining in Capital Project Fund #160, 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 #065, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town Budget Officer to close the Meadowbrook Road Area Water Main Replacement Capital Project Fund #160 and transfer the Fund’s remaining balance to Water Capital Reserve Fund #065, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Budget Officer to take such other and further action as may be necessary to effectuate all terms of this Resolution. rd Duly adopted this 3 day of March, 2008, by the following vote: AYES: Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Metivier, Mr. Montesi NOES: None ABSENT: None