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358.98 RESOLUTION ESTABLISHING NEW CAPITAL PROJECT FUND #113 FOR ADDITIONAL PAVING AND DRAINAGE WORK IN WARD IV RESOLUTION NO.: 358, 98 INTRODUCED BY: Mr. Pliney Tucker WHO MOVED ITS ADOPTION SECONDED BY: Mr. Douglas Irish WHEREAS, the Town Board of the Town of Queensbury wishes to establish a Capital Project Fund to pay for additional paving and drainage work in Ward IV not included in the 1998 Town Highway Department budget, NOW, THEREFORE, BE IT RESOLVED, that the Town Board of the Town of Queensbury hereby authorizes and directs the establishment of a Capital Project Fund to be known as Capital Project Fund #113, Paving and Drainage Projects, in Ward IV which Fund will establish funding for additional paving and drainage work not included in the 1998 Town Highway Department budget, and BE IT FURTHER, RESOLVED, that the Town Board of the Town of Queensbury hereby establishes appropriations for the new Capital Project Fund #113, Paving and Drainage Projects, in Ward IV in the amount of $110,000 and further authorizes a transfer of funds from Contingency Account #01-1990- 4400 to Interfund Transfers, Paving and Drainage Projects Account #01-9950-9113, and BE IT FURTHER, 1 RESOLVED, that the Town Board of the Town of Queensbury hereby authorizes and directs the Town Controller to transfer funds, amend the 1998 Town Budget and take such other and further action necessary to effectuate the terms and provisions of this Resolution. st Duly adopted this 21 day of September, 1998, by the following vote: AYES : Mr. Tucker, Mr. Irish, Mr. Merrill NOES : None ABSENT: Mr. Turner, Mr. Champagne 2