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440.2005 RESOLUTION AUTHORIZING CLOSURE OF CAPITAL PROJECT FUND NO: 115 RESOLUTION NO.: 440, 2005 INTRODUCED BY: Mr. Daniel Stec WHO MOVED ITS ADOPTION SECONDED BY: Mr. John Strough WHEREAS, the Queensbury Town Board established Capital Project Fund #115 for the construction of a storage building in accordance with Resolution No. 417, 98,and WHEREAS, the storage building project was not completed as other storage facilities became available, and Whereas, the Town’s accounting records show that there is approximately $129,813 remaining in Capital Project Fund No. 115, and WHEREAS, the Town Board wishes to close this Capital Project Fund and transfer the Fund’s remaining fund balance to Capital Improvement Reserve Fund No. 64, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town Budget Officer to close Capital Project Fund #115 and transfer the Fund’s remaining balance to Capital Improvement Reserve Fund No. 64, and BE IT FURTHER, RESOLVED, that this Resolution shall be subject to a permissive referendum in the manner provided in New York State Town Law Article 7, and BE IT FURTHER, RESOLVED, that 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, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Budget Officer to take such other and further action as may be necessary to effectuate all terms of this Resolution. th Duly adopted this 12 day of September, 2005, by the following vote: AYES : Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Boor, Mr. Turner NOES : None ABSENT: None