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472.2007 RESOLUTION AUTHORIZING CLOSURE OF MEADOW LANE WATER MAIN REPLACEMENT CAPITAL PROJECT FUND NO: 152 RESOLUTION NO.: 472, 2007 INTRODUCED BY: Mr. John Strough WHO MOVED ITS ADOPTION SECONDED BY: Mr. Tim Brewer WHEREAS, in accordance with Resolution No.: 350,2005, the Queensbury Town Board established the Meadow Lane Water Main Replacement Capital Project Fund #152, and WHEREAS, the Town Water Superintendent has advised that the project is complete, and Whereas, the Town’s accounting records show that there is approximately $252,197.88 remaining in Capital Project Fund No. 152, and WHEREAS, the Town Board wishes to close this Capital Project Fund and transfer the Fund’s remaining fund balance to Water Capital Reserve Fund No. 65, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town Fiscal Manager to close the Meadow Lane Water Main Replacement Capital Project Fund No.: 152 and transfer the Fund’s remaining balance to Water Capital Reserve Fund No. 65, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Fiscal Manager to take such other and further action as may be necessary to effectuate all terms of this Resolution. th Duly adopted this 5 day of November, 2007, by the following vote: AYES : Mr. Brewer, Mr. Stec, Mr. Boor, Mr. Sanford, Mr. Strough NOES : None ABSENT: None