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203.2024 Authorizing Acceptance of Insurance Settlement for Parks & Rec Dept. Truck RESOLUTION AUTHORIZING ACCEPTANCE OF INSURANCE SETTLEMENT FOR PARKS AND RECREATION DEPARTMENT TRUCK RESOLUTION NO.: 203, 2024 INTRODUCED BY: Mr. Anthony Metivier WHO MOVED ITS ADOPTION SECONDED BY: Mr. Harrison Freer WHEREAS, the Town of Queensbury's Parks and Recreation Director has advised that one of the Department's trucks identified as Town Asset No.: 9780 was recently involved in a motor vehicle accident and the truck is a total loss, and WHEREAS, the Town Board wishes to accept the insurance recovery payments for the truck in the amount of$47,819 and up to $2,950 for reimbursement of costs related to truck storage and towing fees, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby accepts the insurance settlement payment of $47,819 for Town Parks and Recreation Department Truck Asset No.: 9780 and up to $2,950 for reimbursement of costs related to truck storage and towing fees as described in the preambles of this Resolution and authorizes and directs the Town Supervisor, Deputy Supervisor, and/or Town Budget Officer to execute any and all documents necessary to transfer title of the truck 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: • Insurance Recovery Account No.: 195-0000-52680 - $50,769; • Vehicles Account No.: 195-1640-2020 - $50,769; 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 and/or prepare any documentation and the Town Supervisor, Deputy Town Supervisor, and/or Parks and Recreation Director to take any actions necessary to effectuate the terms of this Resolution. Duly adopted this 20 day of May, 2024 by the following vote: AYES Mr. Metivier, Mr. Freer, Mr. Dixon, Mr. Strough NOES None ABSENT: Mr. McNulty