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432.2023 Authorizing Increase in Funding and Appropriations in Capital Project Funds RESOLUTION AUTHORIZING INCREASE IN FUNDING AND APPROPRIATIONS IN CAPITAL PROJECT FUND NOS: 168, 203, 205, 215, 157, 146, 166, 138 AND 169 RESOLUTION NO.: 432,2023 INTRODUCED BY: Mr. George Ferone WHO MOVED ITS ADOPTION SECONDED BY: Mr. Timothy McNulty WHEREAS, by previous Resolutions the Queensbury Town Board authorized establishment of certain Capital Projects and Capital Project Funds, and WHEREAS, the Town Board wishes to authorize additional funding and appropriations toward these Capital Project Funds from the Town's Undesignated, Unassigned General Fund's Fund Balance as follows: • Town Court Improvements Capital Project Fund #168 - $175,000 - for installation of HVAC and other improvements at the Town Justice Court • Town Office Complex Improvements Capital Project Fund#203 - $180,000 - for purchase and installation of generators for Town Hall and the Activities Center • Information Technology Capital Project and Information Technology Capital Project Fund#205 - $35,000 —for Microsoft licensing • Traffic Signal Capital Project Fund #215 - $250,000 — for rehabilitation of and improvements to certain traffic lights within the Town • Gurney Lane Recreation Area Capital Project Fund #157 - $273,000 — for various Park improvements • Jenkinsville Park Capital Project Fund #138 - $120,000 - for various Park improvements • Hovey Pond Park Capital Project Fund #146 - $23,000 - for various Park improvements • West End Park Capital Project Fund #169 - $22,000 - for various Park improvements • Rush Pond Trail Capital Project Fund #166 - $7,000 - for various Trail improvements NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby authorizes and directs increases in funding and appropriations in certain of its Capital Project Funds as follows: • Town Court Improvements Capital Project Fund#168 - $175,000 • Town Office Complex Improvements Capital Project Fund#203 - $180,000 • Information Technology Capital Project and Information Technology Capital Project Fund#205 - $35,000 • Traffic Signal Capital Project Fund#215 - $250,000 • Gurney Lane Recreation Area Capital Project Fund#157 - $273,000 • Jenkinsville Park Capital Project Fund#138 - $120,000 • Hovey Pond Park Capital Project Fund#146 - $23,000 • West End Park Capital Project Fund#169 - $22,000 • Rush Pond Trail Capital Project Fund#166 - $7,000 and BE IT FURTHER, RESOLVED that the Town Board further authorizes and directs that funding for such Capital Projects shall be by a transfer of the total amount of $1,085,000 from the Town's Undesignated, Unassigned General Fund's Fund Balance Account No.: 001-0000-0909 to the respective Capital Project Funds as set forth above and the Town Budget Officer shall amend the Town Budget, make any adjustments, transfers or prepare any documentation necessary to increase such appropriations and estimated revenues as she deems necessary, and 2 BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to sign any documentation and the Town Supervisor, Town Facilities Manager and/or Town Budget Officer to take any and all actions necessary to effectuate all terms of this Resolution Duly adopted this 18t'day of December, 2023,by the following vote: AYES Mr. Ferone, Mr. McNulty, Mr. Strough, Mr. Metivier, Mr. Freer NOES None ABSENT : None 3