531.2008
RESOLUTION RESTATING PURPOSE OF
HIGHWAY GARAGE ROOF RESERVE FUND
RESOLUTION NO.: 531, 2008
INTRODUCED BY: Mr. John Strough
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Anthony Metivier
WHEREAS, by Resolution No.: 732 of 1989, the Queensbury Town Board authorized a
change of certain Capital Project Funds to Reserve Funds including Highway Garage Reserve Fund
R27, and
WHEREAS, by Resolution No.: 563,1990, the Town Board established a Capital Project Fund
for improvements to the Highway and Garage Buildings, known as Highway Garage Roof Fund #H-
55, and
WHEREAS, the Highway Garage roof repairs project was completed, and
WHEREAS, there is approximately $123,000 remaining in the Highway Garage Roof Fund,
and
WHEREAS, such remaining funds are therefore not needed for Highway Garage roof repairs
but are needed for other Highway Garage improvements, and
WHEREAS, although the title of the Reserve would indicate that the monies in such Funds are
to be used for Highway Department functions, in actuality, the Town’s Building and Grounds
Department maintains the Highway Garage building and therefore, the Highway Reserve Funds should
instead be General Reserve Funds which would then provide for the Town to make needed repairs at
the Highway Garage, and
WHEREAS, the Town Board therefore wishes to restate the purpose of the Highway Garage
Reserve Funds such that the Town may expend monies from such Funds for other Highway Garage
projects, and not just for the specific purpose of roof repairs, and therefore, should be transferred to the
General Fund Reserves,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs that the
approximately $123,000 contained in the Highway Garage Roof Fund may be used toward
improvements at the Highway Garage and not just for specific roof repairs, and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs the transfer of such approximately
$123,000 from the Capital Reserve Funds back to the General Fund, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor and/or
Town Budget Officer to take such other and further action as may be 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.
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Duly adopted this 17 day of November, 2008, by the following vote:
AYES: Mr. Brewer, Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough
NOES: None
ABSENT:None