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FINANCIAL\2016\Capital Project Fund—Increase for Park Projects&Withdrawal From Funds#61 and#64—4-15-19
RESOLUTION AUTHORIZING CAPITAL PARK IMPROVEMENT
PROJECTS, INCREASES IN PARK IMPROVEMENT PROJECTS,
WITHDRAWALS FROM CAPITAL RESERVES #61 AND #64
AND ADVERTISEMENT FOR BIDS
RESOLUTION NO.: ,2019
INTRODUCED BY:
WHO MOVED ITS ADOPTION
SECONDED BY:
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 April 5, 2019 and presented at this
meeting, the Town's Recreation Commission requested funding approval for 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 Nos. 61 and 64 in the total estimated amount of$524,000 as
follows:
Capital Funding Source
Park Location Project No. Project Cost Est. Capital Reserve No.
Gurney Lane Rec Area 157 $56,000 64
Jenkinsville Park 138 $20,000 61
Hovey Pond Park 146 $390,000 64
Rush Pond Trail 166 $25,000 64
Hudson River Park 107 $33,000 64
TOTAL PROJECT $524,000
ESTIMATES
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 finds that the withdrawal and
expenditure for the specific capital improvements and certain maintenance projects (Projects) as
delineated in the preambles of this Resolution are expenditures for specific capital projects and
certain maintenance projects for which the Reserve Accounts were established and therefore
authorizes and expenditures in the total estimated amount of$524,000 ($20,000 from Reserve #61
and $504,000 from Reserve#64),as follows:
Park Location Capital Project Cost Est. Funding Source
Project No. Capital Reserve No.
Gurney Lane Rec Area 157 $56,000 64
Jenkinsville Park 138 $20,000 61
Hovey Pond Park 146 $390,000 64
Rush Pond Trail 166 $25,000 64
Hudson River Park 107 $33,000 64
TOTAL PROJECT $524,000
ESTIMATES
as set forth in the April 5, 2019 Memorandum presented at this meeting, and
BE IT FURTHER,
RESOLVED,that the Town Board hereby authorizes:
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1. a transfer from Reserve No.: 61 in the amount of$20,000; and
2. a transfer from Reserve No.: 64 in the amount of$504,000;
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 further authorizes and directs the Town Board Officer
to increase appropriations and estimated revenues, amend the Budget and take all actions as may
be necessary to fund such Projects as authorized, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Purchasing
Agent to publish an advertisement for bids for the specific capital improvements and certain items
of equipment related to the Projects to be undertaken as set forth in this Resolution, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Purchasing
Agent to open all bids, read them aloud and record the bids as is customarily done and present the
results to the Town Board, and
BE IT FURTHER,
3
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 15th day of April, 2019 by the following vote:
AYES •
NOES •
ABSENT •
4
0 Queensbury
PARKS & RECREATION
742 Bay Road,Queensbury NY 12804-9725 I T:(518)761-8216 I F:(518)798-3194 I http://recreation.queensbury.net
TO: Queensbury Town Board
FROM: Queensbury Recreation Commission
DATE: April 5, 2019
RE: 2019 Recreation Commission Capital Projects
The Queensbury Recreation Commission has reviewed and approved the following capital
improvement projects for 2019 and is seeking funding approval from the Queensbury Town
Board. Funding for the projects listed below would be requested from both the Recreation
Reserve Fund (#61) and the Town's Capital Reserve Fund (#64).
We look forward to discussing these potential capital projects at an upcoming Town Board
workshop meeting. In the meantime, if you have any questions or need additional
information, please do not hesitate to contact Director Lovering at you convenience.
Additional project information has been attached regarding each of the following Recreation
Commission projects:
2019 CAPITAL PROJECTS
Total Project
Park Location/Ward Cost Est. Potential Funding Source
Gurney Lane Rec. Area—Ward #1 $56,000 Capital Reserve Fund #64
Jenkinsville Park—Ward #1 $20,000 Capital Reserve Fund #61
Hovey Pond Park—Ward #2 $390,000 Capital Reserve Fund #64
Rush Pond Trail—Ward #3 $25,000 Capital Reserve Fund #64
Hudson River Park—Ward #4 $33,000 Capital Reserve Fund #64
TOTAL PROJECT ESTIMATES $524,000
FUNDING FROM CAPITAL RESERVE#64 $504,000
FUNDING FROM REC. RESERVE #61 $20,000 (current balance=$42,000)