350.2005
RESOLUTION ESTABLISHING NEW CAPITAL PROJECT FUND
#152 – WATER TRANSMISSION SYSTEM IMPROVEMENTS IN
MEADOW LANE AREA WITHIN QUEENSBURY CONSOLIDATED
WATER DISTRICT
RESOLUTION NO.: 350, 2005
INTRODUCED BY: Mr. John Strough
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Tim Brewer
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 replacement of water mains on Meadow Lane, Meadow Drive and Meadow
View Road in the Town of Queensbury (Meadow Lane Water Replacement Project), and
WHEREAS, by prior Resolution, the Town Board authorized the improvement to the
Consolidated Water District’s water transmission facilities by authorizing the replacement of
existing water mains in the Meadow Lane area east of Meadowbrook Road and west of Route 9L
with approximately 5,870 lineal feet of 8” ductile iron pipe along Meadow Lane, Meadow Drive
and Meadow View Road in accordance with New York State Town Law §202-b, and
WHEREAS, the total Project cost is estimated to be $1,027,500 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 Meadow Lane Water Main
Replacement Project Fund #152, which Fund will establish funding for expenses associated with
the design, contract administration, construction and easement preparation services in connection
with the replacement of water mains on Meadow Lane, Meadow Drive and Meadow View Road in
the Town of Queensbury (Meadow Lane Water 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 #152 in the amount of $1,027,500,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. 152-0152-5031 – Interfund Transfers - $1,027,500.
?
Expense Account No. 152-8340-2899 - Capital Construction - $937,221.
?
Expense Account No. 152-8340-4403 – Engineer/Surveyor - $90,200.
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, and
BE IT FURTHER,
2
RESOLVED, that this Resolution authorizing the transfer of funds from the Water District
Capital Reserve Fund No.: 065 shall be subject to a permissive referendum in the manner provided in
New York State Town Law Article 7, and
BE IT FURTHER,
RESOLVED, that 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 25 day of July, 2005 by the following vote:
AYES : Mr. Stec, Mr. Boor, Mr. Turner, Mr. Strough, Mr. Brewer
NOES : None
ABSENT: None
3