111.99
RESOLUTION DESIGNATING FUND BALANCE FOR FUTURE LANDFILL
CLOSURE LIABILITY AND EXPENDITURE
RESOLUTION NO.: 111, 99
INTRODUCED BY: Mr. Douglas Irish
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Pliney Tucker
WHEREAS, the Town Board of the Town of Queensbury wishes to reserve and designate
fund balance for future testing and maintenance costs and quick response remediation for the Town of
Queensbury’s closed Landfill located on Ridge Road in the Town of Queensbury, and
WHEREAS, the Town of Queensbury has approximately $1.6 million in the Landfill Closure
Reserve Fund No. 63 available for these purposes, and
WHEREAS, the Town Controller estimates that 30 years of water testing and maintenance of
the closed Landfill will require approximately $560,000, and
WHEREAS, the Town Controller estimates that a safe and conservative reserve for quick
response remediation is $200,000, and
WHEREAS, the Town Board wishes to designate $760,000 of fund balance for the above
referenced issues,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby authorizes and directs
the Town Controller’s Office to designate $560,000 in Landfill Closure Reserve fund balance for future
well testing and maintenance costs and $200,000 for quick response remediation for the closed
st
Queensbury Landfill effective December 31, 1998 and take such other and further action necessary to
effectuate the terms of this Resolution.
th
Duly adopted this 5 day of April, 1999 by the following vote:
AYES : Mr. Irish, Mr. Tucker, Mr. Merrill, Mr. Turner, Mr. Champagne
NOES : None
ABSENT: None