410.2002
RESOLUTION AUTHORIZING IMPLEMENTATION AND FUNDING OF
FEDERAL AID-ELIGIBLE COSTS CONCERNING MAIN STREET
GATEWAY PLAZA IMPROVEMENTS CAPITAL PROJECT
RESOLUTION NO.: 410, 2002
INTRODUCED BY: Mr. Tim Brewer
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Daniel Stec
WHEREAS, by previous Resolution, the Queensbury Town Board authorized
establishment of the Main Street Gateway Plaza Improvements Capital Project, and
WHEREAS, the Main Street Gateway Plaza Improvements Capital Project, P.I.N.
1756.14, (Project), is eligible for funding under Title 23 U.S. Code, as amended, that calls for the
apportionment of the costs of such program to be borne at the ratio of 80% Federal funds and
20% non-federal funds, and
WHEREAS, the Town of Queensbury wishes to advance the Project by making a
commitment of 100% of the federal and non-federal share of the costs of the Main Street
Gateway Plaza Improvements,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby reaffirms and authorizes its
establishment of the Main Street Gateway Plaza Improvements Capital Project, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby authorizes and directs the Town Comptroller
to pay in the first instance 100% of the federal and non-federal share of the cost of the work for
the Project or portions of the Project, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs $113,000 to be
appropriated from Fund #64 – Capital Reserve Fund and $450,000 in the form of an interfund
loan from the General Fund to be paid upon the availability of the Federal Funds and such sum is
made available to cover the cost of participation in the Project, and
BE IT FURTHER,
RESOLVED, that in the event that the full federal and non-federal share costs of the
Project exceeds the amount appropriated above, the Queensbury Town Board shall convene as
soon as possible to appropriate such excess amount immediately upon the notification by the
Town’s Executive Director of Community Development, and
BE IT FURTHER,
RESOLVED that the Queensbury Town Board further authorizes and directs the Town
Supervisor and/or Executive Director of Community Development to execute all necessary
Agreements, certifications or reimbursement requests for Federal Aid on behalf of the Town with
the New York State Department of Transportation in connection with the advancement or
approval of the Project and providing for the administration of the Project and the Town’s first
instance funding of Project costs and permanent funding of the local share of federal aid eligible
Project costs and all Project costs within appropriations therefore that are not so eligible, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Executive Director
of Community Development to file a certified copy of this Resolution with the New York State
Commissioner of Transportation by attaching it to any necessary agreement in connection with
the Project, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor
and/or Executive Director of Community Development to take all action necessary to effectuate
all terms of this Resolution, and
BE IT FURTHER,
RESOLVED, that this Resolution shall take effect immediately.
st
Duly adopted this 21 day of October, 2002, by the following vote:
AYES : Mr. Stec, Mr. Brewer, Mr. Brower, Mr. Boor, Mr. Turner
NOES : None
ABSENT : None