378.99
RESOLUTION ESTABLISHING NEW CAPITAL PROJECT FUND
#117 FOR ENGINEERING AND CONSTRUCTION WORK
CONCERNING SHORE COLONY WATER SUPPLY SYSTEM
RESOLUTION NO.: 378.99
INTRODUCED BY: Mr. Richard Merrill WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Theodore Turner
WHEREAS, the Town Board of the Town of Queensbury wishes to establish a Capital Project
Fund to pay for necessary 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, the Town Board wishes to appropriate surplus fund balance in the Shore Colony
Water District, and
WHEREAS, the Shore Colony Water District has exceeded revenue estimates for 1999 and
has met all New York State requirements for appropriated surplus funds,
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 the “Shore Colony Water Supply System
Capital Project Fund #117,” which Fund will establish 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
BE IT FURTHER,
RESOLVED, that the Town Board of the Town of Queensbury hereby establishes initial
appropriations for the new Capital Project Fund, Shore Colony Water Upgrade Capital Project #117 in
the amount of $27,500 ($5,500 in engineering/consulting costs and $22,000 for construction costs) and
further authorizes an equity transfer from the Shore Colony Water Fund #47, Surplus Fund Balance, in
the amount of $27,500 into the new Capital Project Fund #117, Shore Colony Water Upgrade Capital
Project, and
BE IT FURTHER,
RESOLVED, that the Town Board of the Town of Queensbury hereby authorizes and directs
the Town Controller’s Office to transfer funds, amend the 1999 Town Budget and take such other and
further action necessary to effectuate the terms and provisions of this Resolution.
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Duly adopted this 15 day of November, 1999, by the following vote:
AYES : Mr. Merrill, Mr. Turner, Mr. Irish, Mr. Tucker, Mr. Champagne
NOES : None
ABSENT: None