334.2008
RESOLUTION AUTHORIZING CLOSURE OFSOUTH QUEENSBURY –
QUEENSBURY AVENUE SEWERCAPITAL PROJECT FUND #135
RESOLUTION NO.: 334, 2008
INTRODUCED BY: Mr. Tim Brewer
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. John Strough
WHEREAS, in accordance with Resolution No.: 454.2002, the Queensbury Town Board
established the South Queensbury – Queensbury Avenue Sewer Capital Project Fund #135, and
WHEREAS, the Town’s Wastewater Director has advised that the project is complete,
and
WHEREAS, the Town’s accounting records show that there is approximately $26,130
remaining in Capital Project Fund #135, and
WHEREAS, the Town Board wishes to close this Capital Project Fund and transfer the
Fund’s remaining fund balance to Fund #35 to be applied to debt principal,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town
Budget Officer to close the South Queensbury – Queensbury Avenue Sewer Capital Project Fund
#135 and transfer the Fund’s remaining balance to Fund #35 to be applied to debt principal, 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.
th
Duly adopted this 7 day of July, 2008, by the following vote:
AYES : Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough, Mr. Brewer
NOES : None
ABSENT: None