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371.2001 RESOLUTION ESTABLISHING APPROPRIATIONS AND ESTIMATED REVENUES FOR SHORE COLONY WATER SUPPLY SYSTEM CAPITAL PROJECT RESOLUTION NO.: 371, 2001 INTRODUCED BY: Mr. Theodore Turner WHO MOVED ITS ADOPTION SECONDED BY: Mr. Daniel Stec WHEREAS, by Resolution No.: 378.99, the Queensbury Town Board authorized establishment of the Shore Colony Water Supply System Capital Project Fund #117, which Fund established funding for engineering fees and construction work to bring the Town’s Shore Colony Water Supply System into compliance with the New York State Sanitary Code, and WHEREAS, by Resolution 277,2001, the Town Board authorized the issuance of up to $170,000 in serial bonds to pay the cost of acquisition, construction and installation of improvements to the Shore Colony Water District System and issuance of up to $170,000 in bond anticipation notes to fund these improvements, and WHEREAS, by Resolution No.: 349,2001, the Town Board approved and authorized the purchase and funding for a Hydro-Pneumatic Water Storage Tank to replace the existing tank for the Shore Colony Water District and awarded the bid for the purchase to Gartner Equipment Company, Inc., and WHEREAS, the Town Board now wishes to establish total appropriations and estimated revenues for the Project, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby establishes appropriations and estimated revenues in the amount of $170,000 for the Shore Colony Water District Capital Project with the source of such appropriations and estimated revenues to be funded by the issuance of serial bonds and/or bond anticipated notes as authorized by Town Board Resolution No.277,2001, and BE IT FURTHER, RESOLVED, that the $170,000 shall include appropriations in the following estimated amounts: 1.Materials and supplies as delineated in a report from O’Brien & Gere Engineers dated October 2000 - $69,600; 2.Force account labor and machinery costs for installation and related site work - $65,400; 3.Demolition of existing building and construction of new building - $15,000; 4.Allocation for unforeseen items such as additional engineering and consulting and contingency - $20,000; and BE IT FURTHER, RESOLVED, that the Town Board further 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, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Water Superintendent and/or Town Supervisor to execute any documentation and make any purchases necessary to complete the Project for a total cost not to exceed $170,000 with a stipulation that amounts spent with any one vendor shall not exceed the limited amounts set forth in the Town of Queensbury’s Purchasing Policy, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes the Town Water Superintendent and/or Town Supervisor to take such other and further action as may be necessary to effectuate the terms of this Resolution. st Duly adopted this 1 day of October, 2001, by the following vote: AYES : Mr. Turner, Mr. Stec, Mr. Brewer, Mr. Brower NOES : None ABSENT : Mr. Martin