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231.96 NOTICE OF ADOPTION At a Regular Meeting of the Town Board of the Town of Queensbury held on May 20th, 1996 at 7:00 P.M. at the Town of Queensbury, 742 Bay Road, Queensbury, New York, the following resolution was passed, and is subject to permissive referendum: RESOLUTION ESTABLISHING NEW CAPITAL PROJECT FUND FOR HUDSON RIVER PARK RESOLUTION NO.: 231, 96 INTRODUCED BY: Mrs. Carol Pulver WHO MOVED ITS ADOPTION SECONDED BY: Mrs. Connie Goedert WHEREAS, the Town Board of the Town of Queensbury, by Resolution No. 181.96, previously authorized a recreation project for Hudson River Park in the amount of $163,225 for said project, and the withdrawal and expenditure from a Capital Reserve Fund known as a New Recreation Facility Capital Construction Account to fund the said Capital Project Fund, and WHEREAS, the Resolution was made subject to a permissive referendum in accordance with the provisions of Article 7 of the Town Law of the State of New York, and WHEREAS, the Town Clerk of the Town of Queensbury has advised that she has posted and published Notice of the aforesaid Resolution, and that the same was adopted subject to a permissive referendum, and that more than thirty (30) days has elapsed since the adoption of said Resolution and no Petition has been filed in accordance with Article 7 of the Town Law of the State of New York, and WHEREAS, the Town Board is desirous of establishing a Budget for the newly created Capital Project Fund, NOW, THEREFORE, BE IT RESOLVED, that the Town Board of the Town of Queensbury hereby establishes appropriations in the said Capital Project Fund in the amount of $163,225 and the Town Board establishes an estimated revenue for said Project Fund to come from the Capital Reserve Fund known as the New Recreation Facility Capital Construction Account, in the amount of $163,225, and BE IT FURTHER, RESOLVED, that the Town Board of the Town of Queensbury hereby authorizes and directs that the funds appropriated from the aforesaid Capital Reserve Fund be used to establish appropriations in the said Capital Project Fund by establishing the following accounts and appropriating funds to the same in the amounts indicated below: 1. Misc. Contractual 107-7110-4400 - $ 32,000. 2. Capital Construction 107-7110-2899 - $131,225. and BE IT FURTHER, RESOLVED, that the Town Board of the Town of Queensbury hereby authorizes the Town Supervisor to transfer funds and take all action that may be necessary to effectuate the terms and provisions of this resolution. Duly adopted this 20th day of May, 1996, by the following vote: AYES: Mrs. Goedert, Mrs. Pulver, Mrs. Monahan, Mr. Turner, Mr. Champagne NOES: None ABSENT:None I, Karen A. O'Brien, Deputy Town Clerk of the Town of Queensbury, Warren County, New York, do hereby certify that I have compared the foregoing with the original resolution as listed above adopted at a Regular Meeting of the Town Board of the Town of Queensbury held on the 20th day of May, 1996 at which a quorum was present and that the same is a correct transcript therefrom and of the whole original thereof to date. IN WITNESS THEREOF, I have hereto set my hand and the SEAL of said Town of Queensbury, this 21st, day of May, 1996. SEAL SIGNED:_______________________________________ Karen A. O'Brien Deputy Town Clerk-Queensbury