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419.2008 RESOLUTION AUTHORIZING TRANSFER OF FUNDS FROM TOWN- WIDE DRAINAGE FUND NO. 66 TO TOWN DRAINAGE ACCOUNT AND 2008 BUDGET AMENDMENT RESOLUTION NO.: 419, 2008 INTRODUCED BY: Mr. John Strough WHO MOVED ITS ADOPTION SECONDED BY: Mr. Ronald Montesi s WHEREAS, theQueensbury Highway Department performed drainage improvementwithin , the Bedford Close Subdivision and incurred costs in the amount of $27,000 and WHEREAS, the Town Budget Officer has advised the Town Board that a transfer is needed in the amount of $27,000 from the Town-Wide Drainage Fund No. 66 to cover expenses incurred by the Town’s Highway Department relating to such drainage issue, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves and authorizes the transfer of $27,000 from the Town-Wide Drainage Fund No. 66 to the Town Drainage Account No.: 001-8540- 2899, and BE IT FURTHER, RESOLVED, that the Queensbury Town Board hereby approves, authorizes and directs that the 2008 Budget be amended by: ? Increasing Revenue Account No.: 001-0000-55031 in the amount of $27,000. ? Increasing Expense Account No.: 001-8540-2899 in the amount of $27,000. 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. th Duly adopted this 8day of September, 2008, by the following vote: AYES: Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough NOES: None ABSENT: Mr. Brewer