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4.07 4.7 RESOLUTIONSTF NANCIAU2022\BudgetTransfer—Employee Severance—12-19-2022 RESOLUTION AUTHORIZING BUDGET TRANSFER RESOLUTION NO.: 12022 INTRODUCED BY: WHO MOVED ITS ADOPTION SECONDED BY: WHEREAS, a Severance Agreement has been entered into as of November 28, 2022 between the Town of Queensbury and one of its employees ("employee"), and WHEREAS, the Queensbury Town Board wishes to authorize a budget transfer to provide for severance pay to the employee as specifically set forth in the Severance Agreement, NOW, THEREFORE, BE IT RESOLVED, that as specifically set forth in the Severance Agreement entered into as of November 28, 2022, the Queensbury Town Board hereby authorizes and directs severance pay to the employee in the amount of$16,906.40, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Budget Officer to take all actions necessary to amend the Town Budget by transferring $16,907 from the Town's undesignated, unassigned General Fund's Fund Balance Account No.: 001-0000-0909 to Miscellaneous Account No.: 001-1430-4400, and take all other actions necessary to effectuate such payment, and BE IT FURTHER, RESOLVED, that the Town Board authorizes and directs the Town Supervisor to sign any needed Agreement and/or documentation and the Town Supervisor, Town Budget Officer and/or Town Counsel to take all actions to effectuate settlement and all terms of this Resolution. Duly adopted this 191h day of December, 2022, by the following vote: AYES NOES ABSENT: 2