196.2010 Bay Rd Closure Fund#130.docx
RESOLUTION AUTHORIZING CLOSURE OF CAPITAL PROJECT
FUND #130 – BAY ROAD CORRIDOR ENHANCEMENT PROJECT
RESOLUTION NO.: 196, 2010
INTRODUCED BY: Mr. Ronald Montesi
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Anthony Metivier
WHEREAS, in accordance with Resolution No.: 29,2001, the Queensbury Town Board
authorized acceptance of grant funds received from the New York State Division of Housing and
Community Renewal, 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, in accordance with Resolution No.: 468,2001, the Town Board established
the Bay Road Corridor Enhancement Project Capital Project Fund #130 to establish funding for
expenses associated with the landscaping installation services and beautification of Town-owned
land located at Bay and Quaker Roads (Project), and
WHEREAS, in accordance with Resolution No.: 324,2002, the Town Board authorized a
budget for the Project which superseded the financial plans approved in the previous
Resolutions, and
WHEREAS, the Town’s Accounting Office has advised that there is approximately
$2,746.90 remaining in the Town’s account and in 2009 only $340 was spent on mulch for the
Project, and therefore the Town wishes to close its account and transfer its remaining funds back
to the General Fund,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town
Budget Officer to close the Bay Road Corridor Enhancement Project Capital Project Fund #130
as described in the preambles above and transfer the account’s remaining balance (approximately
$2,746.90) into the Town’s General Fund, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor,
Town Budget Officer and/or Accountant to take such other and further action as may be
necessary to effectuate all terms of this Resolution.
th
Duly adopted this 17 day of May, 2010, by the following vote:
AYES : Mr. Metivier, Mr. Montesi, Mr. Strough, Mr. Brewer, Mr. Stec
NOES : None
ABSENT: None