440.2008
RESOLUTION ESTABLISHING NEW CAPITAL PROJECT FUNDS
#172 AND #173 CONCERNING INFLOW/INFILTRATION STUDY
RESOLUTION NO.: 440, 2008
INTRODUCED BY: Mr. Tim Brewer
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Daniel Stec
WHEREAS, the Queensbury Town Board wishes to establish Capital Project Funds to
fund an Inflow/Infiltration Study and/or repairs for the Town Wastewater Department, and
WHEREAS, the total Project cost is estimated to be $30,000 and the Town Board wishes
to appropriately establish two (2) Capital Project Funds,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the
establishment of two (2) Capital Project Funds to be known as:
1.Central Queensbury Quaker Road Sewer District Inflow/Infiltration Study
Project Fund #172; and
2.Hiland Park Sewer District Inflow/Infiltration Study Project Fund #173;
which Funds will establish funding for expenses associated with the Wastewater Department’s
Inflow/Infiltration Study and/or Repairs, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs that funding for this
Project shall be by a transfer of $20,000 from Fund #032-9950-9030 to Capital Project Fund
#172 and $10,000 from Fund #034-9950-9030 to Capital Project Fund #173, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes the Town Budget Officer to take any
and all actions necessary to transfer $30,000 from unappropriated, undesignated Fund Balance to
Account No.: 032-9950-9030 ($20,000) and Account No.: 034-9950-9030 ($10,000) and effectuate
such 2008 Budget Amendment, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby establishes initial appropriations and estimated
revenues for:
1.Capital Project Fund #172 in the amount of $20,000;and
2.Capital Project Fund #173 in the amount of $10,000;
and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Budget
Officer to take all action necessary to establish the following accounts for such appropriations and
revenues as necessary:
?
Revenue Account No. 172-0000-55031 – Interfund Transfers -$20,000
?
Expense Account No. 172-8120-4400 - Misc. Contractual -$20,000
?
Revenue Account No. 173-0000-55031 – Interfund Transfers -$10,000
?
Expense Account No. 173-8120-4400 - Misc. Contractual -$10,000
and
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BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Budget Officer to
amend the 2008 Town Budget, make any adjustments, budget amendments, transfers or prepare any
documentation necessary to establish such appropriations and estimated revenues and effectuate all
terms of this Resolution.
nd
Duly adopted this 22 day of September, 2008 by the following vote:
AYES : Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough, Mr. Brewer
NOES : None
ABSENT: None
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