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286.2008 RESOLUTION SETTING PUBLIC HEARING CONCERNING PROPOSED WITHDRAWAL FROM CAPITAL IMPROVEMENT PLAN RESERVE FUND #64 FOR INCREASE IN THE CONNECTOR ROAD CAPITAL PROJECT #161 RESOLUTION NO.: 286, 2008 INTRODUCED BY: Mr. Anthony Metivier WHO MOVED ITS ADOPTION SECONDED BY: Mr. Tim Brewer WHEREAS, the Queensbury Town Board previously established a Capital Improvement Plan Reserve Fund #64 (Fund #64) for future Town project developments, and WHEREAS, the Town Board previously authorized establishment of the Connector Road Capital Project Fund #161 to fund expenses associated with the construction of the Connector Road between Main Street and Luzerne Road, and WHEREAS, the Town has previously appropriated $841,400 for such Project, and WHEREAS, the Town Board wishes to withdraw and expend additional moneys from the Capital Improvement Plan Reserve Fund #64 to supplement Capital Project Fund #161 in the amount of $117,194 to cover additional services provided by Barton & Loguidice, P.C., the Town’s engineers for the Project, and Kubricky Construction, the Town’s contractors, 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 #64 subject to permissive referendum, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board shall meet and hold a public hearing at the 1 nd Queensbury Activities Center, 742 Bay Road, Queensbury at 7:00 p.m. on Monday, June 2, 2008 to hear all interested persons and take any necessary action provided by law concerning the proposed $117,194 increase in the Connector Road Capital Project Fund #161, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Queensbury Town Clerk to publish and post a Notice of Public Hearing concerning the proposed Capital Project in the manner provided by law. th Duly adopted this 19 day of May, 2008, by the following vote: AYES : Mr. Metivier, Mr. Montesi, Mr. Strough, Mr. Brewer, Mr. Stec NOES : None ABSENT : None 2