155.2005
RESOLUTION ESTABLISHING NEW CAPITAL PROJECT FUND
#147 – WATER MAIN REPLACEMENT ALONG BAY ROAD AND
INSTALLATION OF WATER MAIN CONNECTOR AT COUNTRY
CLUB ROAD AND WINCREST DRIVE
RESOLUTION NO.: 155, 2005
INTRODUCED BY: Theodore Turner
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. John Strough
WHEREAS, the Queensbury Town Board wishes to establish a Capital Project Fund to
fund the design, contract administration, construction and easement preparation services in
connection with the Bay Road Water Main Replacement Project, and
WHEREAS, by Resolution No. 49, 2005, the Town Board authorized the improvement to
the Consolidated Water District’s water transmission facilities by replacing a water main on Bay
Road and installing a water main connector at Country Club Road and Wincrest Drive in
accordance with New York State Town Law §202-b, and
WHEREAS, Resolution No. 49,2005 was subject to permissive referendum and the
referendum period has expired without anyone filing a request for a referendum, and
WHEREAS, the total Project cost is estimated to be $419,043 and the Town Board
wishes to appropriately establish a Capital Project Fund,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the
establishment of a Capital Project Fund to be known as the Bay Road Water Main Replacement
Project Fund #147, which Fund will establish funding for expenses associated with the design,
contract administration, construction and easement preparation services in connection with the
Bay Road Water Main Replacement Project, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs that funding for this
Project shall be by a transfer of funds from Water Capital Reserve #065, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby establishes initial appropriations and estimated
revenues for Capital Project Fund #147 in the amount of $419,043, and
BE IT FURTHER,
RESOLVED, that the Queensbury 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. 147-0147-5031 – Interfund Transfers - $419,043
?
Expense Account No. 147-8340-2899 - Capital Construction - $336,593
?
Expense Account No. 147-8340-4403 – Engineer/Surveyor - $82,450
and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Budget Officer to
amend the 2005 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.
st
Duly adopted this 21 day of March, 2005 by the following vote:
AYES : Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Turner
NOES : None
ABSENT: Mr. Boor