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364.92 RESOLUTION AUTHORIZING INTERFUND ADVANCES RESOLUTION NO.: 364, 92 INTRODUCED BY: Mr. Michel Brandt WHO MOVED ITS ADOPTION SECONDED BY: Mr. Nick Caimano WHEREAS, Section 9-A of the General Municipal Law of the State of New York authorizes interfund advances and provides therein that a municipal corporation may temporarily advance monies held in any fund to any other fund of the municipal corporation, and WHEREAS, the Director of Accounting Services has advised that it was necessary to temporarily advance certain funds into the account set forth below and that the monies have been loaned as of the dates indicated herein and that, where necessary, interest will be paid as well in the following instances: DUE FROM FUND DUE TO FUND AMOUNT DUE LOAN DATE Landfill Fund - 910 Queensbury Water - 40 20,000.00 17-Mar-92 Quaker Rd. Sewer CP - 76 Queensbury Water - 40 800.00 17-Mar-92 Cemetery Retort CP - 95 Queensbury Water - 40 100.00 17-Mar-92 Landfill Fund - 910 Queensbury Water - 40 50,000.00 02-Apr-92 Quaker Rd. Sewer CP - 76 Queensbury Water - 40 500.00 17-Apr-92 NOW, THEREFORE, BE IT RESOLVED, that the Town Board of the Town of Queensbury hereby ratifies the temporary advances made. Duly adopted this 6th day of July, 1992, by the following vote: AYES : Mr. Tucker, Mrs. Monahan, Mrs. Goetz, Mr. Caimano, Mr. Brandt NOES : None ABSENT: None