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FINANCIAL\2016\Close Capital Project 192—Aviation-Dixon Road Roundabout Project—2-22-16
RESOLUTION AUTHORIZING CLOSURE OF AVIATION
ROAD/DIXON/FARR LANE INTERSECTION IMPROVEMENTS
CAPITAL PROJECT FUND #192
RESOLUTION NO.: , 2016
INTRODUCED BY:
WHO MOVED ITS ADOPTION
SECONDED BY:
WHEREAS, in accordance with Resolution No.: 232,2012, the Queensbury Town Board
established the Aviation Road/Dixon/Farr Lane Intersection Improvements Capital Project Fund
#192, and
WHEREAS, the Town's Senior Planner has advised 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 $273,653
remaining in Fund #192, and
WHEREAS, the Town Board wishes to close such Fund #192 and transfer its remaining
balance to Capital Reserve Fund #64,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town Budget
Officer to close the Aviation Road/Dixon/Farr Lane Intersection Improvements Capital Project
Fund #192 and transfer its remaining approximately $273,653 to Capital Reserve Fund #64, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor,
Town Budget Officer and/or Accountant to take such other and further action as may be
necessary to effectuate all terms of this Resolution.
Duly adopted this 22"d day of February, 2016, by the following vote:
AYES
NOES
ABSENT: