Loading...
160.2006 NOTICE OF ADOPTION th At a Regular Meeting of the Town Board of the Town of Queensbury held on March 20, 2006 at the Queensbury Center, Town of Queensbury, 742 Bay Road, Queensbury, New York, the following was adopted and is subject to permissive referendum: RESOLUTION AUTHORIZING RIVERSIDE PARK EXPANSION AND IMPROVEMENT PROJECT #158 AND WITHDRAWAL FROM CAPITAL RESERVE FUND #64 RESOLUTION NO.: 160, 2006 INTRODUCED BY: Mr. Tim Brewer WHO MOVED ITS ADOPTION SECONDED BY: Mr. Daniel Stec WHEREAS, the Queensbury Town Board previously established a Capital Reserve Fund known as the Capital Improvement Plan (CIP) Fund No. 64 for future capital projects, and WHEREAS, the Town Board wishes to withdraw and expend moneys from such reserve account in the amount of $60,500 for specific capital improvements for the Riverside Park Recreation Area Expansion and Improvement Project to consist of: 1.development of a Park Master Plan; 2.development of a park entrance and related signage; 3.establishment of parking area; 4.establishment and development of walking and hiking trails; and 5.professional services for all of the above; 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 hereby authorizes the recreation project known as the Riverside Park Expansion and Improvement Project and authorizes expenditures in the total amount of $60,500 for the work described in the preambles of this Resolution, and BE IT FURTHER, RESOLVED, that the Town Board hereby authorizes and directs the establishment of a separate capital project fund for such Project – Riverside Park Project Fund No.: 158, and BE IT FURTHER, RESOLVED, that the Town Board hereby authorizes a transfer from Fund No.: 64 in the amount of $60,500 to fund such Project, such funds to be placed into the Capital Project Fund No.: 158 to be established in accordance with this Resolution and the Town Board further directs that in the event there are funds remaining in such capital project fund after completion of the Project or in the event that the Project is not undertaken, the moneys in the capital project fund shall be returned to the capital improvement fund, and BE IT FURTHER, RESOLVED, that the Town Board hereby establishes initial appropriations in Expense Account No.’s: 158-7110-4403 in the amount of $12,000 – Professional Services; and 158-7110- 2899 in the amount of $48,500 – Capital Construction; and estimated revenues in Account No.: 158-0158-5031 in the amount of $60,500, and BE IT FURTHER, RESOLVED, that the Town Board hereby finds that the withdrawal and expenditure for the Riverside Park Expansion and Improvement Project is an expenditure for a specific capital project and items of equipment for which the reserve account was established, 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. th Duly adopted this 20 day of March, 2006 by the following vote: AYES: Mr. Sanford, Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Boor NOES: None ABSENT:None I, Karen A. O’Brien, Deputy Town Clerk II of the Town of Queensbury, Warren County, New York, do hereby certify that I have compared the foregoing with the original resolution as listed above th adopted at a Regular meeting of the Town Board of the Town of Queensbury held on the 20 day of March, 2006 at which a quorum was present and that the same is a correct transcript therefrom and of the whole original thereof to date. IN WITNESS THEREOF, I have hereto set my hand and the SEAL of said Town of Queensbury, this 18th day of April 2006. SEAL SIGNED:______________________________________ Karen A. O’Brien Deputy Town Clerk II Town of Queensbury