555.2006
RESOLUTION AUTHORIZING ESTABLISHMENT OF INCREASE IN
EXIT 18 CORRIDOR REALIGNMENT CAPITAL PROJECT FUND #126
RESOLUTION NO.: 555, 2006
INTRODUCED BY: Mr. John Strough
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Roger Boor
WHEREAS, the Queensbury Town Board adopted the Town of Queensbury’s (revised)
Capital Improvement Plan (CIP), which CIP included the Town’s proposed prioritized short and
long-term Capital Projects, and
WHEREAS, by Resolution No.: 482, 2000, the Town Board authorized creation of the Exit
18 Corridor Realignment Project Capital Project Fund #126 and transferred into such Fund
$100,000 from the 2000 General Fund Budget and by Resolution 251,2001 the Town Board
authorized the transfer of $70,000 from Queensbury Water Fund #40, General Fund and the
Contingency Account, and by Resolution 410, 2005 the Town Board authorized the transfer of
$123,960 from the CIP fund #64
WHEREAS, the Town Board wishes to withdraw and expend additional moneys from the
Capital Improvement Plan Reserve Account in the amount of $33,500 for additional services
provided by Barton & Loguidice, that have been approved by Resolutions # 495, 2006, and
WHEREAS, such additional costs shall not exceed the amount of $33,500 and are
requested to be a part of the Exit 18 Corridor Realignment Project Capital Project and financed
through the Capital Reserve Fund, and
WHEREAS, in accordance with the CIP, the Town Board must conduct a public hearing
before approving any specific Capital Project listed on the CIP and the Town Board scheduled and
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duly held a public hearing on November 20, 2006 and heard all interested persons,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the
$33,500, increase in the Exit 18 Corridor Realignment Capital Project Fund #126, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs that funding for this
Project shall be by funding through the Capital Improvement Plan, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby increases appropriations and estimated
revenues for Capital Project Fund #126 in the amount of $33,500, and
BE IT FURTHER,
RESOLVED, that the Queensbury Town Board further authorizes and directs the Town
Budget Officer to take all action necessary to increase the following accounts for such
appropriations and revenues as necessary:
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Revenue Account No. 126-0000-55031 – $33,500
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Expense Account No. 126-5020-2899 – $33,500
and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs the Town Budget Officer to
amend the 2006 Town Budget, make any adjustments, budget amendments, transfers or prepare
any documentation necessary to establish such appropriations and estimated revenues and
effectuate all terms of this Resolution.
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Duly adopted this 20 day of November, 2006, by the following vote:
AYES: Mr. Boor, Mr. Sanford, Mr. Strough, Mr. Brewer, Mr. Stec
NOES: None
ABSENT: None