111.2002
RESOLUTION ESTABLISHING NEW CAPITAL PROJECT FUND
#132 – SALT STORAGE BUILDINGS CONSTRUCTION PROJECT
RESOLUTION NO.: 111, 2002
INTRODUCED BY: Mr. Tim Brewer
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Daniel Stec
WHEREAS, the Queensbury Town Board wishes to establish a Capital Project Fund to fund
the design and construction of two salt storage buildings on two separate Town-owned sites, and
WHEREAS, the total Project cost is estimated to be $105,000 and therefore 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 “Salt Storage Buildings Construction
Capital Project Fund #132,” which Fund will establish funding for expenses associated with the design
and construction of two salt storage buildings, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs that funding for this Project
shall be by a transfer of fund balance in the amount of $105,000 from Fund #115 Storage Building
Capital Project to Fund #132 Salt Storage Buildings Construction Capital Project Account, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby establishes initial appropriations and appropriated
fund balance for Capital Project Fund #132 in the amount of $105,000, and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs the Town Comptroller’s Office to
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.
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Duly adopted this 25 day of February, 2002 by the following vote:
AYES : Mr. Stec, Mr. Brewer, Mr. Brower, Mr. Boor, Mr. Turner
NOES : None
ABSENT: None