310.2010 closure of bank acct bond#3 1976
RESOLUTION AUTHORIZING CLOSURE OF BANK ACCOUNT
CREATED IN CONJUNCTION WITH BOND #3, PUBLIC
IMPROVEMENT BOND 1976 FOR WATER DEPARTMENT
RESOLUTION NO.: 310, 2010
INTRODUCED BY: Mr. Ronald Montesi
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Anthony Metivier
WHEREAS, the Queensbury Town Board previously opened a bank account in
conjunction with Bond #3, Public Improvement Bond 1976 for the Water Department, and
WHEREAS, the Town’s Accountant has advised that the Bond has been paid in full and
therefore the bank account may be closed and remaining moneys transferred to the Water
Department to be used for paying debt, and
WHEREAS, the Town’s accounting records show that there is approximately $8,786.90
remaining in such bank account, and
WHEREAS, the Town Board wishes to close such bank account and transfer the
account’s remaining balance to the Water Department,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town
Accountant to close the bank account opened in conjunction with Bond #3, Public Improvement
Bond 1976 for the Water Department and transfer the remaining balance to the Water
Department to use for paying debt, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Budget
Officer, Accountant and/or Water Superintendent to take such other and further action as may be
necessary to effectuate all terms of this Resolution.
th
Duly adopted this 13 day of September, 2010, by the following vote:
AYES: Mr. Brewer, Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough
NOES: None
ABSENT: None