444.2003
RESOLUTION AUTHORIZING CLOSURE OF CAPITAL PROJECT
FUND NO.’S: 119, 124, 128, 129 and 132
RESOLUTION NO.: 444, 2003
INTRODUCED BY: Mr. Roger Boor
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Theodore Turner
WHEREAS, the Town of Queensbury has completed all construction and operation in the
following five (5) Capital Projects:
1.Water Maintenance Garage - Capital Project No. 119;
2.Low Lift Pump Replacement - Capital Project No. 124;
3.Vehicle Purchase - Capital Project No. 128;
4.Queensbury Forest Drainage - Capital Project No. 129; and
5.Salt Storage Shed - Capital Project No. 132;
and
WHEREAS, the final accounting shows that there is approximately:
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$ 37,122 remaining in Capital Project Fund No. 119;
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$ 297 remaining in Capital Project Fund No.: 124;
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$155,414 remaining in Capital Project Fund No. 128;
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$ 30,504 remaining in Capital Project Fund No. 129; and
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$ 4,438 remaining in Capital Project Fund No. 132;
and
WHEREAS, the Queensbury Town Board wishes to close these Capital Project Funds as
of September 30, 2003 and transfer each Fund’s remaining fund balances as follows:
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Capital Project Fund No. 119 Funds to Water Fund No. 40 and Wastewater Fund #32;
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Capital Project Fund No. 124 Funds to Water Fund No. 40;
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Capital Project Fund No. 128 Funds to General Fund No. 01;
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Capital Project Fund No. 129 Funds to General Fund No. 01; and
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Capital Project Fund No. 132 Funds to Storage Building Project No. 115;
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the Town
Comptroller’s Office to close the following five (5) Capital Projects:
1.Water Maintenance Garage - Capital Project No. 119;
2.Low Lift Pump Replacement - Capital Project No. 124;
3.Vehicle Purchase - Capital Project No. 128;
4.Queensbury Forest Drainage - Capital Project No. 129; and
5.Salt Storage Shed - Capital Project No. 132;
and transfer each Fund’s remaining fund balance as follows:
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Capital Project Fund No. 119 Funds to Water Fund No. 40 and Wastewater Fund #32;
?
Capital Project Fund No. 124 Funds to Water Fund No. 40;
?
Capital Project Fund No. 128 Funds to General Fund No. 01;
?
Capital Project Fund No. 129 Funds to General Fund No. 01; and
?
Capital Project Fund No. 132 Funds to #115 Storage Buildings;
and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Comptroller’s
Office to take such other and further action as may be necessary to effectuate all terms of this
Resolution.
th
Duly adopted this 6 day of October, 2003, by the following vote:
AYES: Mr. Turner, Mr. Stec, Mr. Brewer, Mr. Brower, Mr. Boor
NOES: None
ABSENT:None