322.2014 Authorizing Closure of Riverside Park Captial Project Fund 158 RESOLUTION AUTHORIZING CLOSURE OF RIVERSIDE PARK
CAPITAL PROJECT FUND #158
RESOLUTION NO.: 322, 2014
INTRODUCED BY: Mr. William VanNess
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Brian Clements
WHEREAS, in accordance with Resolution No.: 160,2006, the Queensbury Town Board
established the Riverside Park Capital Project Fund #158 which Fund established funding for
expenses associated with capital improvements for the Riverside Park Recreation Area
Expansion and Improvement Project specifically, the construction of public trails as part of the
Town's Agreement with the Open Space Institute, and
WHEREAS, the Town's Parks and Recreation Director has advised that the Agreement
with the Open Space Institute has expired and since there is no longer an agreement in place to
provide public recreation trails at Riverside Park, the Director and Town Recreation Commission
would like to close Fund #158 and transfer its remaining balance to the Town's Rush Pond Way
Capital Project Fund #166, and
WHEREAS, the Town's accounting records show that there is approximately $57,500
remaining in Fund #158, and
WHEREAS, the Town Board wishes to close such Fund #158 and transfer its remaining
balance to the Town's Capital Project Fund #166,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town
Budget Officer to close the Riverside Park Capital Project Fund #158 and transfer its remaining
$57,500 to the Town's Rush Pond Way Capital Project Fund #166, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor,
Town Budget Officer, Accountant and Parks and Recreation Director to take such other and
further action as may be necessary to effectuate all terms of this Resolution.
Duly adopted this 8th day of September, 2014, by the following vote:
AYES Mr. Metivier, Mr. Clements, Mr. VanNess, Mr. Strough
NOES None
ABSENT: Mr. Irish