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468.2001 RESOLUTION ESTABLISHING NEW CAPITAL PROJECT FUND #130 – BAY ROAD CORRIDOR ENHANCEMENT PROJECT RESOLUTION NO.: 468, 2001 INTRODUCED BY: Mr. James Martin WHO MOVED ITS ADOPTION SECONDED BY: Mr. Theodore Turner WHEREAS, by Resolution No.: 273,2000, the Queensbury Town Board authorized submission of an application for Adirondack North Country Community Enhancement Program funds through the New York State Division of Housing and Community Renewal, and WHEREAS, the grant application was submitted and the Town was awarded a $24,400 grant from the New York State Division of Housing and Community Renewal, and WHEREAS, by Resolution No.: 29,2001, the Town Board established appropriations and estimated revenues in the amount of $24,400 for the grant funds, and WHEREAS, the Town Board wishes to establish a Capital Project Fund to fund landscaping installation services for the beautification of land owned by the Town of Queensbury located at Bay and Quaker Roads, and WHEREAS, during the course of this Project, the Town has expanded the scope of the Project to include various amenities such as boulders and plaques so that the new estimated Project cost is $47,990, 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 “Bay Road Corridor Enhancement Project Fund #130,” which Fund will establish funding for expenses associated with the landscaping installation services and beautification of Town-owned land located at Bay and Quaker Roads, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs that funding for this Project shall be as set forth in Town Board Resolution No.: 29,2001 and by a budget adjustment from Account No.: 001-1990-1002 in the amount of $10,000 and by a budget adjustment from Account No.: 001- 1990-4400 in the amount of $12,390 to Account No.: 001-8510-2899 and the amount of $1,200 from the Community Beautification Misc. Contractual Account No.: 01-8510-4400 to Account No. 001- 9950-9000 Transfer To Capital Projects for a total Project cost of $47,990, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs that the Project include purchase of boulders from Peckham’s Material Corp. for an amount not to exceed $1,200 including delivery and placement, and BE IT FURTHER, RESOLVED, that the Town Board hereby establishes initial appropriations and estimated revenues for Capital Project Fund #130 in the amount of $47,990, the source of funding to be from the $24,400 in Adirondack North Country Community Enhancement Program grant funds received by the Town through the New York State Division of Housing and Community Renewal and an interfund transfer from the General Fund in the amount of $23,590, 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. th Duly adopted this 17 day of December, 2001, by the following vote: AYES : Mr. Martin, Mr. Turner, Mr. Stec, Mr. Brewer, Mr. Brower NOES : None ABSENT: None