074.2010 Brownfield Opportunities Grant Fund.d
RESOLUTION AUTHORIZING ACCEPTANCE OF BROWNFIELD
OPPORTUNITY AREAS PROGRAM GRANT FUNDS FROM NEW YORK
STATE DEPARTMENT OF STATE, ESTABLISHING APPROPRIATIONS
AND ESTIMATED REVENUES FOR SUCH FUNDS AND ESTABLISHING
NEW CAPITAL PROJECT FUND #176 – BOA PROGRAM GRANT
RESOLUTION NO.: 74, 2010
INTRODUCED BY: Mr. Ronald Montesi
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. John Strough
WHEREAS, by Resolution No.: 287,2005, the Queensbury Town Board authorized the
Warren County Economic Development Corporation (WCEDC) to submit a Brownfield Opportunity
Areas (BOA) Program Grant Application, and
WHEREAS, such Grant Application was submitted and the Town has been awarded a
maximum grant award in the amount of $42,500 from the New York State Department of State, such
funds to be used toward the study of target Brownfield areas within the Town and formulation of plans
of action to redevelop such identified areas, and
WHEREAS, the Town Board wishes to: 1) authorize acceptance of such grant funds; 2)
establish a Capital Project Fund #176 – BOA Program Grant; 3) establish appropriations and
estimated revenues for the grant award; and 4) authorize a temporary loan from the General Fund,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby accepts the $42,500 in grant funds to
be received from the New York State Department of State and authorizes and directs the Town
Supervisor to execute a Grant Agreement with the New York State Department of State, such Grant
Agreement substantially in the form presented at this meeting and in form acceptable to the Town
Supervisor and Town Counsel, and any other associated documentation, and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs the establishment of a Capital
Project Fund to be known as the “BOA Program Grant Fund #176,” which Fund will establish
funding for expenses associated with the grant funds and establishes initial appropriations and
estimated revenues for Capital Project Fund #176 in the amount of $42,500 to be funded from
grant funds received by the Town through the New York State Department of State Brownfield
Opportunity Areas Program, and
BE IT FURTHER,
RESOLVED, that the Queensbury Town Board further authorizes and directs the Town
Budget Officer to take all action necessary to establish the following accounts for such
appropriations and revenues as necessary:
?
Increase Appropriation 176-8030-4400 Community Research by $42,500;
?
Increase Revenue 176-0000-53787 State Aid Economic Dev. by $42,500;
and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes a temporary loan from the General Fund
up to $42,500 until such time as grant funds are received, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Budget Officer to make
any necessary adjustments, budget amendments, transfers or prepare any documentation necessary to
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establish such appropriations and estimated revenues and authorizes the Town Supervisor, Senior
Planner and/or Budget Officer to take all other action necessary to effectuate the terms of this
Resolution.
th
Duly adopted this 11 day of January, 2010, by the following vote:
AYES : Mr. Brewer, Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough
NOES : None
ABSENT : None
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