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159.2012 Meadowbrook Preserve RESOLUTION AUTHORIZING INCREASE OF FUNDS IN LAK411LAND PARK IMPROVEMENTS CAPITAL PROJECT FUND #142 FOR IMPROVEMENTS AT THE MEADOWBROOK PRESERVE RESOLUTION NO.: 159,2012 INTRODUCED BY: Mr.Anthony Metivier WHO MOVED ITS ADOPTION SECONDED BY: Mr. Ronald Montesi 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 Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough NOES None ABSENT:Mr. Brewer 2