069.2009RESOLUTION AUTHORIZING CLOSURE OF AFFORDABLE HOUSING
CORPORATION GRANT FUNDS ACCOUNT
RESOLUTION NO.: 69, 2009
INTRODUCED BY: Mr. Anthony Metivier
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. John Strough
WHEREAS, in accordance with Resolution No.: 312,2005, the Queensbury Town Board
authorized acceptance of $151,200 in grant funds received from the New York State Affordable
Housing Corporation, established appropriations and estimated revenues for such funds, and
authorized such appropriations and revenues to be recorded in accounts to be determined by the
Town Budget Officer, and
WHEREAS, the final close-out certification for the project has been signed by the Town
Supervisor and therefore the Town wishes to close its account for the grant funds and forward
any interest earned on the account to the New York State Affordable Housing Corporation, and
WHEREAS, the Town's accounting records show that there is approximately $798.47
remaining in the Town's account,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town
Budget Officer to close the account established by the Town of Queensbury relating to grant
funds received by the Town in accordance with Resolution No.: 312,2005 and transfer the
account's remaining balance and interest to the New York State Affordable Housing
Corporation, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor,
Town Budget Officer and/or Senior Planner to take such other and further action as may be
necessary to effectuate all terms of this Resolution.
Duly adopted this 23rd day of February, 2009, by the following vote:
AYES Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough, Mr. Brewer
NOES :None
ABSENT: None