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3.4 3.4 FINANCIAL\2012Transfer From Undesignated Unappropriated Fund Balance to Cap Reserve#64- 12-17 RESOLUTION AUTHORIZING TRANSFER OF FUNDS FROM UNDESIGNATED, UNAPPROPRIATED FUND BALANCE TO CAPITAL RESERVE FUND #64 RESOLUTION NO.: , 2012 INTRODUCED BY: WHO MOVED ITS ADOPTION SECONDED BY: WHEREAS, the Queensbury Town Board wishes to authorize a transfer of $250,000 in funds from undesignated, unappropriated Fund Balance to the Capital Reserve Fund 964 to help ensure that funds be reserved for future capital improvements and upgrades to Town buildings, grounds and equipment, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby authorizes and directs the transfer of $250,000 in funds from undesignated, unappropriated Fund Balance to the Capital Reserve Fund 964, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Budget Officer to amend the Town Budget, make any adjustments, budget amendments, transfers or prepare any documentation necessary and the Town Supervisor and/or Budget Officer to take such other and further actions as may be necessary to effectuate the terms of this Resolution. Duly adopted this 17th day of December, 2012, by the following vote: AYES : NOES ABSENT: 2