409.2002
RESOLUTION AUTHORIZING ESTABLISHMENT OF MAIN STREET
GATEWAY PLAZA IMPROVEMENTS CAPITAL PROJECT
RESOLUTION NO.: 409, 2002
INTRODUCED BY: Mr. Daniel Stec
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Tim Brewer
WHEREAS, by Resolution No.: 245, 2002 the Queensbury Town Board adopted the
Year 2002 Capital Improvement Plan (CIP) for the Town of Queensbury, which CIP included the
Town’s proposed 2002 prioritized short and long-term Capital Projects, 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, and
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WHEREAS, the Town Board scheduled and duly held a public hearing on October 21,
2002 concerning establishment of the Main Street Gateway Plaza Improvements Capital Project, a
subset of the Main Street Underground Utilities/Streetscape Improvements Capital Project
currently listed as Project 2 on the Town’s approved CIP,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the
establishment of the Main Street Gateway Plaza Improvements Capital Project, and
BE IT FURTHER,
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the
establishment of a Capital Project Fund to be known as the Main Street Gateway Plaza
Improvements Capital Project Fund #134 which Fund will establish funding for expenses
associated with this Project, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs that funding for such
Capital Project shall be by a budget adjustment from Account No.: 064-9950-9030 in the amount
of $113,000 and Federal Funds to be received in the amount of $450,000, totaling $513,000 to
transfer to Main Street Gateway Plaza Improvements Capital Project Fund #134, and
BE IT FURTHER,
RESOLVED that the Queensbury Town Board further authorizes and directs the Town
Comptroller’s Office to take all action necessary to establish the following accounts for such
appropriations and revenues as necessary: Revenue Acct No. – 134-0134-4789 - $450,000
(Other Economic Assistance); Revenue Acct No. – 134-0134-5031- $113,000 (Interfund
Transfer); Expense Accts – 134-8020-2820 - $200,000 (Purchase of Land); 134-8020-2899 -
$300,000 (Capital Construction); 134-8020-4400 - $33,000 (Misc Contractual); and 134-1990-
4417 - $30,000 (Contingency), and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Comptroller’s
Office to amend the 2002 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.
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Duly adopted this 21 day of October, 2002, by the following vote:
AYES : Mr. Turner, Mr. Stec, Mr. Brewer, Mr. Brower, Mr. Boor
NOES : None
ABSENT : None