044.2024 Authorizing Acceptance of Insurance Settlement for Highway Department Truck and Plow RESOLUTION AUTHORIZING ACCEPTANCE OF INSURANCE
SETTLEMENT FOR HIGHWAY DEPARTMENT TRUCK AND PLOW
RESOLUTION NO.: 44,2024
INTRODUCED BY: Mr. Timothy McNulty
WHO MOVED ITS ADOPTION
SECONDED BY: Mr.Anthony Metivier
WHEREAS, the Town of Queensbury's Highway Superintendent previously advised that one
of its trucks identified as Town Asset No.: 9040, with attached plow, was recently involved in a motor
vehicle accident and is a total loss, and
WHEREAS, the Town Board wishes to accept the insurance recovery payments for the truck
in the amount of$25,050 and for the plow in the amount of$3,400,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby accepts the insurance settlement
payment of $25,050 for Town Highway Department Truck Asset No.: 9040 and $3,400 for the
attached plow as delineated in the preambles of this Resolution and authorizes and directs the Town
Supervisor and/or Town Highway Superintendent to execute any and all documents necessary to
transfer title of the truck and plow to the insurance carrier and receive insurance payments on behalf of
the Town, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby authorizes the increase of estimated revenues
and appropriations as follows:
0 Highway Insurance Recovery Account No.: 004-0000-52680 - $28,450
• Highway Department Vehicles Account No.: 004-5130-2020 - $28,450
to reflect the insurance settlement received by the Town, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Budget
Officer to amend the Town Budget, make any necessary adjustments, transfers or prepare any
documentation necessary to effectuate the terms of this Resolution, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor,
Town Highway Superintendent and/or Town Budget Officer to take any actions necessary to
effectuate the terms of this Resolution.
Duly adopted this I'day of January, 2024 by the following vote:
AYES Mr. Dixon, Mr. McNulty, Mr. Strough, Mr. Metivier, Mr. Freer
NOES None
ABSENT: None