131.2001
RESOLUTION ESTABLISHING NEW CAPITAL PROJECT FUND
#127 – BAYBRIDGE SEWER EXTENSION CAPITAL PROJECT
RESOLUTION NO.: 131, 2001
INTRODUCED BY: Mr. James Martin
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Theodore Turner
WHEREAS, by Resolution No. 20.2001 the Queensbury Town Board approved Extension
No. 7 to the Central Queensbury Quaker Road Sewer District, such Extension No. 7 to serve the
Baybridge Homes Development located along Bay Road, Queensbury and other future new users, and
WHEREAS, the Town and Baybridge Homeowners Association, Inc., entered into an
Extension Agreement dated January 8, 2001 which Agreement provided for a cost sharing formula of
the Extension to the Baybridge Homes Development, and
WHEREAS, the Project’s costs are estimated to be $233,176 with the Town agreeing to pay
82.2% of $225,176 or $193,095 and the Baybridge Homeowner’s Association agreeing to pay 17.8%
of $225,176 or $40,081 of the costs, and
WHEREAS, the Town has agreed to pay $8,000 or 100% of additional material costs for the
provision of an additional 1,000 feet of 6” PVC pipe required solely by the Town, and
WHEREAS, the Town Board wishes to establish a Capital Project Fund to fund the Town’s
share of expenses associated with the construction of Extension No. 7,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes and directs the
establishment of a Capital Project Fund to be known as the “Baybridge Sewer Extension Capital
Project Fund #127,” which Fund will establish funding for expenses associated with the construction of
Extension No. 7 to the Central Queensbury Quaker Road Sewer District, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby establishes initial appropriations for the new Capital
Project Fund #127 in the amount of $206,100, the source of funding to be an appropriation of fund
balance from the Town’s General Fund which will be refunded in full to the General Fund by future
District Extensions along Bay Road, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Wastewater
Director and/or Deputy Wastewater Director to oversee the construction of the sewer district
extension on behalf of the Town, administer the Agreement with the Baybridge Homeowners
Association, Inc. and process and approve payment vouchers for the Town's share of this project in
accordance with the Agreement, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Wastewater
Director and/or Deputy Wastewater Director to execute any change orders pertaining to this Project
totaling not more than $5,000 in aggregate, except that no change order shall be approved or executed
at any time that the sum of all orders and change orders, expenditures and encumbrances will total
more than the total appropriation for this project, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby authorizes and directs the Town Comptroller’s
Office to take any and all action necessary to effectuate the terms and provisions of this Resolution.
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Duly adopted this 19day of March, 2001, by the following vote:
AYES: Mr. Brewer, Mr. Brower, Mr. Martin, Mr. Turner, Mr. Stec
NOES: None
ABSENT:None