361.2001
RESOLUTION ESTABLISHING NEW CAPITAL PROJECT FUND
#129 – QUEENSBURY FOREST DRAINAGE PROJECT AND
AUTHORIZING TOWN HIGHWAY DEPARTMENT TO
PERFORM DRAINAGE WORK IN QUEENSBURY FOREST
SUBDIVISION
RESOLUTION NO.: 361, 2001
INTRODUCED BY: Mr. Tim Brewer
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Daniel Stec
WHEREAS, by Resolution No.: 226, 2000, the Queensbury Town Board authorized
engagement of Nace Engineering, P.C. to provide surveying and engineering services in connection
with a proposed drainage outfall from Queensbury Forest Phase III to the north side of Peggy Ann
Road in the Town of Queensbury, and
WHEREAS, by Resolution No.: 260,2001 the Town Board authorized the procurement of
easements from certain property owners in the vicinity of the Queensbury Forest subdivision, and
WHEREAS, the Highway Department has agreed to perform the work necessary to correct
the drainage problems and has provided the Town Board with an estimated cost breakdown, and
WHEREAS, the Town Board wishes to establish a Capital Project Fund to fund the Highway
Department’s work to correct the drainage problems in the Queensbury Forest subdivision,
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 “Queensbury Forest Subdivision Drainage
Capital Project Fund #129,” which Fund will establish funding for expenses associated with the Town
Highway Department’s work to fix the drainage problems in the vicinity of Queensbury Forest, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby establishes initial appropriations for Fund # 129
Queensbury Forest Drainage Project in the following amounts:
Materials $ 30,705
Labor 51,445
Equipment 109,540
Total Hwy. Dept. $191,690
Engineering 15,000
10 % Contingency 20,670
Total Estimated Project$227,360
and
BE IT FURTHER,
RESOLVED, that the Town Board hereby establishes estimated revenues for Capital Project
Fund #129 in the amount of $227,360, the source of funding to be by the transfer of fund balance in the
amount of $108,357 from Fund #113 Ward IV Paving and Drainage and $119,003 from Fund #125
Ward I Road Drainage to Fund #129 Queensbury Forest Drainage Project, and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs the Town Comptroller’s Office to
amend the 2001 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.
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town of Queensbury
Highway Department to perform the work necessary to complete the drainage project Fund #129
Queensbury Forest Drainage Project.
th
Duly adopted this 10 day of September, 2001, by the following vote:
AYES : Mr. Brewer, Mr. Brower, Mr. Stec
NOES : None
ABSENT:Mr. Martin, Mr. Turner