152.2019 Establish Halfway Feder Canal Connector Project
RESOLUTION AUTHORIZING ESTABLISHMENT OF HALFWAY
FEEDER CANAL CONNECTOR TRAIL CAPITAL PROJECT FUND #228
RESOLUTION NO.: 152, 2019
INTRODUCED BY: Mr. Anthony Metivier
WHO MOVED ITS ADOPTION
SECONDED BY: Mrs. Catherine Atherden
WHEREAS, the Queensbury Town Board wishes to establish a Capital Project that will
provide for final design and construction of the Halfway Feeder Canal Connector Trail from Peggy
Ann Road to the western terminus of the Feeder Canal Trail, and
WHEREAS, a portion of this project will be reimbursed by a One Hundred Fifty Thousand
Dollars ($150,000) New York State and Municipal Facilities Program (SAM) grant through the
Dormitory Authority of the State of New York (DASNY), and
WHEREAS, establishment of this Capital Project account and appropriating the Town
project match is a required financial documentation step toward securing the SAM grant agreement
from DASNY, and
WHEREAS, the Town Board wishes to authorize a withdrawal and expenditure in the total
estimated amount of One Hundred Twenty Thousand Dollars ($120,000) from Capital Reserve No.
64 toward this Capital Project, and
WHEREAS, the Town Board also wishes to authorize a temporary loan from Capital Reserve
Fund No. 64 up to $150,000 until such time as such $150,000 in grant funds are received from the
Dormitory Authority of the State of New York (DASNY), and
WHEREAS, in accordance with New York State General Municipal Law §6(c), the Town
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Board is authorized to withdraw and expend funds from Reserve #64 subject to permissive
referendum,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the
establishment of the Halfway Feeder Canal Connector Trail Capital Project Fund #228 in the
amount of Two Hundred Seventy Thousand Dollars ($270,000) which will establish funding for
the expenses delineated in the preambles of this Resolution, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby finds that the withdrawal and expenditure for such
Project are expenditures for a specific capital project for which the Capital Reserve Fund #64 was
established, and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs that funding for such Capital
Project shall be by a transfer from Capital Reserve Fund #64 in the amount of $120,000 to transfer
to Halfway Feeder Canal Connector Trail Capital Project Fund #228, and
BE IT FURTHER,
RESOLVED that the Town Board authorizes and directs the Town Budget Officer to take
all action necessary to establish the following accounts for such appropriations and revenues as
necessary:
Revenue Acct No. 228-0000-55031 (Interfund Revenue) $120,000;
Revenue Acct. No. 228-0000-53897 (Culture and Recreation Capital Projects) $150,000;
Expense Acct. No. 228-7110-2899 (Capital Construction) $270,000; and
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Increase Appr 001-9950-9030-0064 Transfer to Cap Project $120,000; and
BE IT FURTHER,
RESOLVED, that the Town Board also further authorizes a temporary loan from the Capital
Reserve Fund #64 up to $150,000 until such time as grant funds are received, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to
sign any needed Agreements and/or documentation to effectuate the Town’s engagement of such
services, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Budget Officer
to amend the Town Budget, make any adjustments, budget amendments, transfers or prepare any
documentation necessary to establish such appropriations and estimated revenues, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor,
Purchasing Agent, Senior Planner and/or Town Budget Officer to take any and all actions necessary to
effectuate all 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.
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th
Duly adopted this 6 day of May, 2019, by the following vote:
AYES: Mr. Ferone, Mr. Strough, Mr. Metivier, Mrs. Atherden
NOES: None
ABSENT:Mrs. Switzer
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