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FINANCIAL\201 \Close Capital Project 196—Everts Foster Ave Country Club Water Main Project- 10-5-15
RESOLUTION AUTHORIZING CLOSURE OF WATER MAIN
REPLACEMENT CAPITAL PROJECT FUND #196
RESOLUTION NO.: , 2015
INTRODUCED BY:
WHO MOVED ITS ADOPTION
SECONDED BY:
WHEREAS, in accordance with Resolution No.: 368,2012, the Queensbury Town
authorized the establishment of the "Water Main Replacement Capital Project Fund #196,"
which Fund established funding for expenses associated with the replacement of water mains in
the vicinity of Everts Avenue, Foster Avenue and Country Club Road, (Project), and
WHEREAS, the Town Water Superintendent has advised the Town's Accountant that the
Project is complete and therefore the Project Fund may be closed, and
WHEREAS, the Town's accounting records show that there is approximately
$144,416.32 remaining in Fund #196, and
WHEREAS, the Town Board wishes to close such Fund #196 and transfer its remaining
balance to the Water Fund #40,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town
Budget Officer to close the Water Main Replacement Capital Project Fund #196 and transfer its
remaining $144,416.32 to Water Fund #40, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor,
Water Superintendent, Town Budget Officer and Accountant to take such other and further
action as may be necessary to effectuate all terms of this Resolution.
Duly adopted this 5th day of October, 2015, by the following vote:
AYES
NOES
ABSENT: