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FINANCIAL\2012\Capital Project Fund#142 Meadov brook Rd—Increase Funds from Occ Tax—5-21-12
RESOLUTION AUTHORIZING INCREASE OF FUNDS IN LAK411LAND
PARK IMPROVEMENTS CAPITAL PROJECT FUND #142 FOR
IMPROVEMENTS AT THE MEADOWBROOK PRESERVE
RESOLUTION NO.: ,2012
INTRODUCED BY:
WHO MOVED ITS ADOPTION
SECONDED BY:
WHEREAS, by Resolution No.: 163, 2011, the Queensbury Town Board authorized the
reopening of Capital Project Fund #142 and authorized an increase of appropriations in such Fund
#142 from $18,000 to $25,000 for expenditures related to improvements at the Meadowbrook
Preserve, and
WHEREAS, the Town Board wishes to increase the funds in such Fund #142 from
$25,000 to $35,000 to provide for further improvements as follows:
1. Entrance Sign - $3,000
2. Trail Development - $1,000
3. Elevated Walkways in Wet Areas - $4,000
4. Trail/Preserve Amenities - $2,000
such funds to be from the Town's receipt of occupancy tax revenues from Warren County, as the
additional improvements will benefit not only Town of Queensbury residents but also the general
public, thereby serving as an economic boon to the Town of Queensbury and entire area,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs an increase
of appropriations in Fund #142 from $25,000 to $35,000 as well as in the appropriate revenue
account in Fund #142, and establishing appropriations of$10,000 in Occupancy Tax Fund #50 in
appropriation 050-9950-7030 Interfund Transfer, contingent upon the Town Budget Officer
confirming that the Town has unallocated occupancy tax funds available from Warren County, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Budget
Officer to amend the 2012 Town Budget, make any adjustments, budget amendments, transfers or
prepare any documentation necessary, and the Town Supervisor, Budget Officer and/or Director
of Parks and Recreation to take such other and further action as may be necessary to effectuate all
terms of this Resolution.
Duly adopted this 21St day of May, 2012 by the following vote:
AYES
NOES
ABSENT:
2