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543.2006 RESOLUTION SETTING PUBLIC HEARING TO AUTHORIZE INCREASE IN EXIT 18 CORRIDOR REALIGNMENT CAPITAL PROJECT FUND #126 RESOLUTION NO.: 543.2006 INTRODUCED BY: Mr. Tim Brewer WHO MOVED ITS ADOPTION SECONDED BY: Mr. John Strough WHEREAS, the Queensbury Town Board adopted the Town of Queensbury’s (revised) Capital Improvement Plan (CIP), which CIP included the Town’s proposed prioritized short and long-term Capital Projects, and WHEREAS, by Resolution No.: 482, 2000, the Town Board authorized creation of the Exit 18 Corridor Realignment Project Capital Project Fund #126 and transferred into such Fund $100,000 from the 2000 General Fund Budget and by Resolution 251,2001 the Town Board authorized the transfer of $70,000 from Queensbury Water Fund #40, General Fund and the Contingency Account, and by Resolution 410, 2005 the Town Board authorized the transfer of $123,960 from the CIP fund #64 WHEREAS, the Town Board wishes to withdraw and expend additional moneys from the Capital Improvement Plan Reserve Account in the amount of $33,500 for additional services provided by Barton & Loguidice, that have been approved by Resolutions # 495, 2006, and WHEREAS, such additional costs shall not exceed the amount of $33,500 and are requested to be a part of the Exit 18 Corridor Realignment Project Capital Project and financed through the Capital Reserve Fund, and WHEREAS, in accordance with the CIP, the Town Board must conduct a public hearing before approving any specific Capital Project listed on the CIP NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board shall meet and hold a public hearing at the Queensbury Activities Center, 742 Bay Road, Queensbury at 7:00 p.m. on th Monday, November 20, 2006 to hear all interested persons and take any necessary action provided by law concerning the authorization to increase exit 18 corridor enhancement capital project #126, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Queensbury Town Clerk to publish and post a Notice of Public Hearing concerning the proposed authorization to increase in exit 18 corridor enhancement capital project #126 in the manner provided by law. RESOLVED, that the Town Board authorizes and directs the Town Budget Officer to amend the 2006 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. Duly adopted this 6th day of November, 2006, by the following vote: AYES : Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Boor, Mr. Sanford NOES : None ABSENT : None