117.2011 Waterfront Revitalziation Program Gra
RESOLUTION AUTHORIZING ACCEPTANCE OF LOCAL
WATERFRONT REVITALIZATION PROGRAM GRANT FUNDS FROM
NEW YORK STATE DEPARTMENT OF STATE, ESTABLISHING
APPROPRIATIONS AND ESTIMATED REVENUES FOR SUCH FUNDS
AND ESTABLISHING NEW CAPITAL PROJECT FUND #183 –
LWRP PROGRAM GRANT
RESOLUTION NO.: 117, 2011
INTRODUCED BY: Mr. John Strough
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Tim Brewer
WHEREAS, by Resolution No.: 268,2009, the Queensbury Town Board authorized The
Chazen Companies to submit a Local Waterfront Revitalization Program (LWRP) grant application to
fund an evaluation of development and re-use opportunities for the Ciba Geigy site on Warren Street in
the Town of Queensbury, and
WHEREAS, such Grant Application was submitted and the Town has been awarded a
maximum grant award in the amount of $55,000 from the New York State Department of State, such
funds to be: 1) matched by the Town, and 2) 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 #183 – LWRP Program Grant; 3) establish appropriations from the
Capital Reserve Fund and estimated revenues for the grant award; and 4) authorize a temporary loan
from the Capital Reserve Fund, and
WHEREAS, the Town Board is authorized to withdraw and expend funds from the Capital
Reserve Fund subject to a thirty (30) day permissive referendum, and
WHEREAS, the Town Board wishes to authorize repayment of the temporary loan to the
Capital Reserve upon completion of the Project,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby accepts the $55,000 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 “LWRP Grant Fund #183,” which Fund will establish funding
from the Capital Reserve Fund #64 for expenses associated with the grant funds and establishes
initial appropriations of one-hundred ten thousand dollars ($110,000) and estimated revenues for
Capital Project Fund #183 in the amount of one-hundred ten thousand dollars ($110,000) to be
funded from grant funds in the amount of fifty-five thousand Dollars ($55,000) received by the
Town through the New York State Department of State Local Waterfront Revitalization Program, and
fifty-five thousand Dollars ($55,000) from the Capital Reserve Fund #64, and
BE IT FURTHER,
RESOLVED, that all funds shall be used consistent with and for the purposes set forth in
the Grant documents, 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
2
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, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes repayment of the temporary loan to
the Capital Reserve upon completion of the Project, and
BE IT FURTHER,
RESOLVED, that this Resolution is subject to a permissive referendum in accordance with the
provisions of Town Law Article 7 and the Town Board hereby authorizes and directs the Town Clerk
to publish and post such notices and take such other actions as may be required by law.
st
Duly adopted this 21 day of March, 2011, by the following vote:
AYES : Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Metivier
NOES : None
ABSENT : Mr. Montesi
3