171.2018 Closure of LWRP Grant Capital Project Fund #183 RESOLUTION AUTHORIZING CLOSURE OF LWRP GRANT
CAPITAL PROJECT FUND #183
RESOLUTION NO.: 171, 2018
INTRODUCED BY: Mr. George Ferone
WHO MOVED ITS ADOPTION
SECONDED BY: Mrs. Jennifer Switzer
WHEREAS, in accordance with Resolution No.: 117,2011, the Queensbury Town Board
established the Capital Project Fund known as the "LWRP Grant Fund 4183," which Fund
established funding from the Capital Reserve Fund 464 for expenses associated with grant funds
received by the Town through the New York State Department of State Local Waterfront
Revitalization Program,
WHEREAS, Town Accountant has advised that all grant funds have been received and
therefore the Project Fund may be closed, and
WHEREAS, the Town's accounting records show that there is $10,000 remaining in
Fund 4 18 3, and
WHEREAS, the Town Board wishes to close such Fund 4183 and transfer its remaining
balance back to the Capital Reserve Fund 464,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town
Budget Officer to close the LWRP Grant Capital Project Fund 4183 and transfer its remaining
$10,000 to the Capital Reserve Fund 464, 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 7th day of May, 2018, by the following vote:
AYES: Mr. Metivier, Mrs. Atherden, Mr. Ferone, Mrs. Switzer
NOES: None
ABSENT: Mr. Strough