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4.07 4.7 FINANCIAL\2024\Establish Capital Project Fund 254—Activities Center Pavilion- Fund From Undesignated Fund Balance—8-5 RESOLUTION AUTHORIZING ESTABLISHMENT OF ACTIVITIES CENTER PAVILION CAPITAL PROJECT FUND NO.: 254 RESOLUTION NO.: , 2024 INTRODUCED BY: WHO MOVED ITS ADOPTION SECONDED BY: WHEREAS, the Queensbury Town Board wishes to authorize the construction of a pavilion at the Town Activities Center as well as installation of new landscaping as a result of recent storm damage(Project), and WHEREAS, the Town Board wishes to establish a Capital Project to provide for this Project and authorize withdrawals and expenditures in the amount of $75,000 from the Town's General Fund Unappropriated Undesignated Fund Balance Account No.: 001-0000-0909, and NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby authorizes and directs establishment of the Activities Center Pavilion Capital Project No.: 254 (Capital Project) in the amount of$75,000 and further authorizes and directs the Town Budget Officer to take all actions to establish the following accounts for such appropriations and revenues as necessary: • Revenue Acct No. —254-0000-55031 (Interfund Revenue) $75,000; • Expense Acct No. —254-1620-2899 (Misc. Contractual) $75,000; • Increase Appr 000-9950-9030 Transfer to Cap Project$75,000; and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Budget Officer to amend the Town Budget and/or make any adjustments necessary to establish such appropriations and estimated revenues, and upon Project completion take all actions necessary to close Capital Project No.: 254 and return any remaining Fund balances to the General Fund Unappropriated Undesignated Fund Balance Account No.: 001-0000-0909, and BE IT FURTHER, RESOLVED,that the Town Board further authorizes and directs the Town Supervisor and/or Budget Officer take any and all actions necessary to effectuate all terms of this Resolution. Duly adopted this 5 h day of August, 2024, by the following vote: AYES NOES ABSENT : 2