297.2008
RESOLUTION AUTHORIZING TRANSFER OF FUNDS FROM DRAINAGE
RESERVE TO GENERAL FUND
AND 2008 BUDGET AMENDMENT
RESOLUTION NO.: 297, 2008
INTRODUCED BY: Mr. Tim Brewer
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. John Strough
WHEREAS, by Resolution No.: 475.2006, the Queensbury Town Board set aside moneys in
the Townwide Drainage Reserve Fund to offset costs incurred for the construction/reconstruction of
Town Wide Drainage, and
WHEREAS, the Town Budget Officer has advised the Town Board that a transfer is needed in
the amount of $20,697 from the Town Drainage Reserve Account to the General Fund to account for
engineering fees paid in connection with work on various Town drainage projects,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby approves and authorizes the transfer of
$20,697 from the Town Drainage Reserve Account to the General Fund, and
BE IT FURTHER,
RESOLVED, that the Queensbury Town Board hereby approves, authorizes and directs that
the 2008 Budget be amended by:
?
Increasing Appropriations in Account No.: 001-9901-9128-0066 – Transfer to Operating
Fund in the amount of $20,697.
?
Increasing Revenue in Account No.: 001-0000-55031 in the amount of $20,697.
?
Increasing Appropriations in Account No.: 001-1440-4720 – Consultant/Engineering Fees
in the amount of $20,697.
and
BE IT FURTHER,
RESOLVED, that the Town Board hereby authorizes and directs the Town Budget Officer to
transfer funds and amend the 2008 Town Budget accordingly and take such other and further action
necessary to effectuate the terms of this Resolution, and
BE IT FURTHER,
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.
nd
Duly adopted this 2 day of June, 2008, by the following vote:
AYES: Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough, Mr. Brewer
NOES: None
ABSENT: None