421.99
RESOLUTION AUTHORIZING CLOSURE OF CAPITAL PROJECT FUND
NO.’S: 107, 108 AND 116
RESOLUTION NO.: 421, 1999
INTRODUCED BY: Mr. Pliney Tucker
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Richard Merrill
WHEREAS, the Town of Queensbury has completed all construction and operation in the
following three (3) capital projects:
1. Hudson River Park Capital Project No. 107;
2. Cemetery Building Capital Project No. 108; and
3. C&D Landfill Construction Capital Project No. 116, and
WHEREAS, the final accounting shows that there is approximately $89,500 remaining in
Capital Project Fund No. 107, approximately $1,400 remaining in Capital Project Fund No.: 108 and
approximately $15,900 remaining in Capital Project Fund No.: 116, and
WHEREAS, the Town Board of the Town of Queensbury wishes to close these Capital
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Project Funds as of December 31, 1999 and transfer each fund’s remaining fund balances as follows:
1. Capital Project Fund No. 107 Funds to Recreation Assessment Reserve Fund No. 61;
2. Capital Project Fund No. 108 Funds to Cemetery Fund No. 02;
3. Capital Project Fund No. 116 to Landfill Closure Reserve Fund No. 63,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby authorizes and directs
the Town Controller’s Office to close the following three (3) capital projects:
1. Hudson River Park Capital Project No. 107;
2. Cemetery Building Capital Project No. 108; and
3. C&D Landfill Construction Capital Project No. 116;
and transfer each fund’s remaining fund balance to:
1. Capital Project Fund No. 107 Funds to Recreation Assessment Reserve Fund No. 61;
2. Capital Project Fund No. 108 Funds to Cemetery Fund No. 02;
3. Capital Project Fund No. 116 to Landfill Closure Reserve Fund No. 63,
and
BE IT FURTHER,
RESOLVED, that any further revenue the Town may receive from New York State
concerning the Hudson River Park Capital Project shall be deposited directly into the Recreation
Assessment Reserve Fund, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Controller’s Office
to take such other and further action as may be necessary to effectuate the terms of this Resolution.
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Duly adopted this 6 day of December, 1999 by the following vote:
AYES : Mr. Tucker, Mr. Merrill, Mr. Turner, Mr. Irish, Mr. Champagne
NOES : None
ABSENT: None