296.2008
RESOLUTION AUTHORIZING WITHDRAWAL FROM CAPITAL
IMPROVEMENT PLAN RESERVE FUND #64 FOR INCREASE IN
CONNECTOR ROAD CAPITAL PROJECT #161
RESOLUTION NO.: 296, 2008
INTRODUCED BY: Mr. Daniel Stec
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Anthony Metivier
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 (Project), and
WHEREAS, the Town has previously budgeted revenues of $841,400 for such Project, and
the Town has incurred expenses of $958,594, 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, the Town Board also wishes to authorize: 1) additional eligible expenses to
be included in the New York State Department of Transportation’s Supplemental Agreement No.
4 for grant purposes; 2) the Final Order on Contract from Barton & Loguidice, P.C.; and 3) the
Town’s Accounting Department to close the Capital Project once all revenues and expenses are
finalized, 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, and
WHEREAS, the Town Board scheduled and duly held a public hearing on Monday, June
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2, 2008 concerning the Project and heard all interested persons,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board further authorizes and directs that
funding for such supplemental Project shall be by a transfer of monies from the Capital Reserve
Fund #64 in the amount of $117,194 to Connector Road Capital Project Fund #161, and
BE IT FURTHER,
RESOLVED, the Town Board further authorizes and directs the Town Budget Officer to
take all action necessary to increase the budgets for the necessary accounts, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Budget
Officer to amend the 2008 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 to
sign the 1) Supplemental Agreement No. 4 presented at this meeting, as well as any other
necessary Agreements, certifications or reimbursement requests for Federal Aid on behalf of the
Town with the New York State Department of Transportation in connection with the
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advancement or approval of the Project and providing for the administration of the Project and
the Town’s first instance funding of Project costs and permanent funding of the local share of
federal aid eligible Project costs and all Project costs within appropriations therefore that are not
so eligible; 2) the Final Order on Contract from Barton & Loguidice, P.C.; and 3) any other
necessary Agreements or documentation associated with such Project, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town’s Accounting
Department to close the Connector Road Capital Project #161 once all revenues and expenses are
finalized, 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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Duly adopted this 2 day of June, 2008, by the following vote:
AYES: Mr. Brewer, Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough
NOES: None
ABSENT: None
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