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4.6 4.6 FINANCIAL\2016\Capital Project Fund—Increase for Gurney Lane Park Project&Withdrawal From Fund#61-8-15-16 RESOLUTION AUTHORIZING INCREASE IN GURNEY LANE CAPITAL PARK IMPROVEMENT PROJECT NO. 157 AND WITHDRAWAL FROM CAPITAL RESERVE FUND #61 RESOLUTION NO.: ,2016 INTRODUCED BY: WHO MOVED ITS ADOPTION SECONDED BY: 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.: 107,2016, the Town Board authorized specific capital park improvements and certain maintenance projects, including $95,000 for specific repairs, upgrades, projects, etc., at the Gurney Lane Park, and WHEREAS, by Memorandum to the Town Board dated August lOffi, 2016, the Town Recreation Commission and Parks and Recreation Director advised that due to a shortfall in the original project budgeting and at least one additional project, additional funding is need to complete the work at the Gurney Lane Park authorized by Resolution No.: 107,2016, 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$45,000, 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 461 subject to permissive referendum, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby authorizes the additional expenditures in the total amount of $45,000 at the Gurney Lane Park as set forth in the August 10', 2016 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$45,000 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$45,000 — Capital Construction and 001-9950-9030-0061 — Transfer to Capital Project in the amount of $45,000 and estimated revenues in Account No.: 157-0000-55031 in the amount of$45,000; 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 2 of this Resolution, and BE IT FURTHER, 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 15ffi day of August, 2016 by the following vote: AYES NOES ABSENT 3 Chile bury 6,-psi ref i�sJ iF.t PARKS & RECREATION 742 Bay Road.Queensbury NY 12304-9725 I T:(518)761-8216 I F:(518)798-3194 I http:lirecreation.queensbury net TO: Queensbury Town Board FROM: Queensbury Recreation Commission Steven Lovering, Director DATE: August 10, 2016 RE: ADDITIONAL FUNDING FOR CAPITAL PROJECT#157—Gurney Lane Resolution #107, 2016 created funding for a number of capital improvements at the Gurney Lane Recreation Area (new pool pumps, pool house renovations, site work, parking lot expansions, storage building, etc.). The original budget estimate from early March was $95,000. Based upon work that has already been completed and work that is remaining, it has been determined that additional funds in the amount of $45,000 will be necessary to both complete ongoing improvements as well as a few added improvements. I have outlined below how the additional funding ($45,000) will be administered: ONGOING WORK (original improvements): • $15,000— remaining site work and completion of the equipment storage building ADDED IMPROVEMENTS: • $20,000 — Remove and replace two (2) pool media storage drywells and associated plumbing connections • $ 5,000— Removal of dangerous trees near buildings • $ 5,000— Repairs/expansion of current chlorine storage building $45,000—TOTAL OF NEW FUNDING REQUEST If any additional information is needed, please feel free to contact me at your convenience. stevel@queensbury.net 761-8215 Quality of life matters...explore the oppottunrties! RESOLUTION AUTHORIZING CAPITAL PARK IMPROVEMENT PROJECTS, INCREASES IN PARK IMPROVEMENT PROJECTS AND WITHDRAWALS FROM CAPITAL RESERVES #61 AND #64 RESOLUTION NO.: 107,2016 INTRODUCED BY: Mn Doug Irish WHO MOVED ITS ADOPTION SECONDED BY: Mr.William VanNess WHEREAS, the Queensbury Town Board previously established Capital Reserve Funds known as the Recreation Reserve No. 61 (Fund No. 61) and Capital Reserve No. 64 (Fund No. 64) for future capital projects, and WHEREAS, by Memorandum to the Town Board dated February 26th, 2016, the Town Recreation Commission presented a list of proposed specific capital improvements and certain maintenance projects at several of the Town Parks(Projects), and WHEREAS, the Town Board wishes to authorize such Projects and the withdrawal and expenditure of moneys from Reserve No. 61 in the total estimated amount of$39,000 as follows: Park Location Project Cost Est. Gurney Lane $15,000 West End Park $ 5,000 Hovey Pond Park $11,000 Hudson River Park $ 8,000 TOTAL PROJECT ESTIMATES $39,000 with such specific repairs, upgrades, projects, etc., as set forth in the February 26th Memorandum presented at this meeting, and WHEREAS, the Town Board also wishes to authorize a withdrawal and expenditure in the total estimated amount of $80,000 from Reserve No. 64 toward specific facility repairs, infrastructure upgrades and equipment storage garage at Gurney Lane, and WHEREAS, in accordance with New York State General Municipal Law §6(c), the Town Board is authorized to withdraw and expend funds from Reserves #61 and #64 subject to permissive referendum, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby authorizes the specific capital improvements and certain maintenance projects (Projects) and expenditures in the total estimated amount of$119,000 ($39,000 from Reserve#61 and$80,000 from Reserve#64), as follows: Park Location Total Project Cost Est. Gurney Lane $95,000 West End Park $ 5,000 Hovey Pond Park $11,000 Hudson River Park $ 8,000 TOTAL PROJECT $119,000 ESTIMATES with such specific repairs, upgrades, projects, etc., as set forth in the February 26th, 2016 Memorandum presented at this meeting, and BE IT FURTHER, RESOLVED,that the Town Board hereby authorizes: 1. a transfer from Reserve No.: 61 in the amount of$39,000; and 2. a transfer from Reserve No.: 64 in the amount of$80,000; 2 to fund such Projects, such respective fund amounts to be placed into the respective Park Improvement Project Funds, reopening them as may be necessary, and the Town Board further directs that in the event there are funds remaining in such Funds after completion of the Project(s) or in the event that the Project(s) are not undertaken, the moneys in such Funds shall be returned to the Reserve(s), and BE IT FURTHER, RESOLVED, that the Town Board hereby increases appropriations in: • Expense Account No.: 157-7110-2899 in the amount of$95,000 — Capital Construction and 001-9950-9030-0061 — Transfer to Capital Project in the amount of $15,000 and 001-9950-9030-0064 — Transfer to Capital Project in the amount of $80,000 and estimated revenues in Account No.: 157-0000-55031 in the amount of$95,000; • Expense Account No.: 169-7110-2899 in the amount of $5,000 — Capital Construction and 001-9950-9030-0061 — Transfer to Capital Project in the amount of $5,000 and estimated revenues in Account No.: 169-0000-55031 in the amount of$5,000; • Expense Account No.: 146-7110-2899 in the amount of$11,000 — Capital Construction and 001-9950-9030-0061 — Transfer to Capital Project in the amount of $11,000 and estimated revenues in Account No.: 146-0000-55031 in the amount of$11,000, • Expense Account No.: 107-7110-2899 in the amount of $8,000 — Capital Construction and 001-9950-9030-0061 — Transfer to Capital Project in the amount of $8,000 and estimated revenues in Account No.: 107-0000-55031 in the amount of$8,000, and BE IT FURTHER, RESOLVED, that the Town Board hereby finds that the withdrawal and expenditure for 3 such Projects are expenditures for specific capital projects and certain maintenance projects for which the Reserve Accounts were 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, 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 7`h day of March, 2016 by the following vote: AYES : Mr. Clements, Mr. Irish, Mr. VanNess,Mr. Strough,Mr. Metivier NOES : None ABSENT: None • 4