216.2015 Gurney Lane Capital Project #157 RESOLUTION AUTHORIZING INCREASE IN GURNEY LANE
CAPITAL PARK IMPROVEMENT PROJECT NO. 157 AND
WITHDRAWAL FROM CAPITAL RESERVE FUND #61
RESOLUTION NO.: 216,2015
INTRODUCED BY: Mr.William VanNess
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Brian Clements
WHEREAS, the Queensbury Town Board previously established a Capital Reserve Fund
known as the Recreation Reserve Fund No. 61 (Fund No. 61)for future capital projects, and
WHEREAS, by Resolution No.: 157,2015, the Town Board authorized specific capital park
improvements and certain maintenance projects, including $63,000 for specific repairs, upgrades,
projects, etc., at the Gurney Lane Park, and
WHEREAS, by Memorandum to the Town Board dated June 9t`, 2015, the Town Recreation
Commission and Parks and Recreation Director advised that due to a shortfall in the original project
budgeting, additional funding is need to complete the work at the Gurney Lane Park authorized by
Resolution No.: 157,2015, and
WHEREAS, the Town Board wishes to authorize such additional funding for the Gurney Lane
Project and the withdrawal and expenditure of moneys from Fund No. 61 in the total additional
amount of$20,000, and
WHEREAS, in accordance with New York State General Municipal Law §6(c), the Town
Board is authorized to withdraw and expend funds from Fund#61 subject to permissive referendum,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes the additional expenditures
in the total amount of$20,000 at the Gurney Lane Park as set forth in the June 9h, 2015 Memorandum
presented at this meeting, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby authorizes a transfer from Fund No.: 61 in the
amount of$20,000 to Gurney Lane Capital Park Improvement Fund No. 157, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby increases appropriations in:
• Expense Account No.: 157-7110-2899 in the amount of$20,000 — Capital Construction
and 001-9950-9030-0061 — Transfer to Capital Project in the amount of $20,000 and
estimated revenues in Account No.: 157-0000-55031 in the amount of$20,000; and
BE IT FURTHER,
RESOLVED, that the Town Board hereby finds that the withdrawal and expenditure for such
Project are expenditures for specific capital projects and certain maintenance projects for which the
Reserve Account was established, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Parks
&Recreation Director and/or Town Budget Officer to take all actions necessary to effectuate the terms
of this Resolution, and
BE IT FURTHER,
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RESOLVED, that this Resolution is subject to a permissive referendum in accordance with the
provisions of Town Law Article 7 and the Town Board hereby authorizes and directs the Town Clerk
to publish and post such notices and take such other actions as may be required by law.
Duly adopted this 15t`day of June, 2015 by the following vote:
AYES Mr. VanNess, Mr. Strough, Mr. Metivier, Mr. Clements, Mr. Irish
NOES None
AB SENT : None
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