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246.2010 41,000 cemetery trans. RESOLUTION AUTHORIZING TRANSFER OF $41,000 FROM CEMETERY EQUIPMENT FUND ACCOUNT TO CEMETERY FUND #002 RESOLUTION NO.: 246, 2010 INTRODUCED BY: Mr. Tim Brewer WHO MOVED ITS ADOPTION SECONDED BY: Mr. Anthony Metivier WHEREAS, the Queensbury Town Board previously created a separate account within Cemetery Fund #002 which was designated the Cemetery Equipment Reserve Fund #0103, and WHEREAS, there is no Town Board Resolution or any other indication that the Cemetery Equipment Reserve Fund was duly established or intended to be established as a Capital Reserve Fund in accordance with New York State General Municipal Law §6-c, and WHEREAS, the money in the Equipment Fund is not needed and has not been used for any purpose related to Cemetery equipment, and WHEREAS, the Town Board wishes to transfer the entire amount in the Equipment Fund Account to the General Operating Account of Cemetery Fund #002 and close the Equipment Fund Account, and WHEREAS, because the Equipment Fund Account was simply inappropriately named and was not duly established as a Capital Reserve Fund, the requirements of New York State General Municipal Law §6-c are not applicable to the transfer to Cemetery Fund #002, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby authorizes the transfer of the entire balance of approximately $41,000 from the Equipment Fund Account of Cemetery Fund #0103 to the General Operating Account of Cemetery Fund #002 and closure of the Equipment Fund Account, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Town Clerk, Town Budget Officer and/or Town Counsel to take such other and further actions as may be required to accomplish the intent of this Resolution. th Duly adopted this 28 day of June, 2010, by the following vote: AYES : Mr. Montesi, Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Metivier NOES : None ABSENT: None