310.2009
RESOLUTION AUTHORIZING CLOSURE OF MICHAELS DRIVE
DRAINAGE CAPITAL PROJECT FUND NO: 174
RESOLUTION NO.: 310, 2009
INTRODUCED BY: Mr. Tim Brewer
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. John Strough
WHEREAS, in accordance with Resolution No.: 540,2008, the Queensbury Town Board
established the Michaels Drive Drainage Capital Project Fund #174, and
WHEREAS, the Town Purchasing Agent has advised that the project is complete, and
WHEREAS, as a result of additional project costs, the project went over by $17,789.91,
and
WHEREAS, the Town’s accounting records show that Fund #174 received some bid
revenue that offset $400 of the project’s additional expenses, and as a result of the closure of
Capital Project Fund #167 by Town Board Resolution No.: 295, 2009, Fund #167’s remaining
funds in the amount of $4,428.61 were also transferred into Fund #174, and
WHEREAS, Fund #174’s remaining deficit of $12,961.30 will be covered by the General
Fund’s Unappropriated Unreserved Fund Balance, and
WHEREAS, the Town Board wishes to close Capital Project Fund #174 and adjust the
2009 Town Budget accordingly,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town
Budget Officer to close the Capital Project Fund #174 Michael’s Drive Drainage Project, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes the Town Budget Officer to take any
and all actions necessary to effectuate the following 2009 Budget Amendment:
?
Increase Appropriations in Capital Project Fund #174 Account 174-8540-2899 by
$17,789.91;
?
Increase Capital Project Fund #174 Account 174-0000-55031 by $17,389.91;
and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes the Town Budget Officer to take any
and all actions necessary to transfer $12,961.30 from the General Fund’s unappropriated,
undesignated Fund Balance to Account No.: 174-8540-2899 and effectuate such 2009 Budget
Amendment, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Budget
Officer to take such other and further action as may be necessary to effectuate all terms of this
Resolution.
th
Duly adopted this 14 day of September, 2009, by the following vote:
AYES : Mr. Montesi, Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Metivier
NOES : None
ABSENT: None