494.92
RESOLUTION AUTHORIZING INTERFUND ADVANCES
RESOLUTION NO.: 494, 92
INTRODUCED BY: Mr. Michel Brandt WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Nick Caimano
WHEREAS, pursuant to Section 9-A of the General Municipal Law
of the State of New York, the Town Board of the Town of Queensbury
is authorized to temporarily advance moneys held in any fund to any
other fund,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby
authorizes the temporary advance of funds to the accounts or funds
indicated, and in the amounts indicated, as set forth below:
FROM: TO: $ AMOUNT
Queensbury Water Highway Fund #04 $100,000.00
Fund #40
Queensbury Water Quaker Road Sewer $100,000.00
Fund #40 Fund #32
and
BE IT FURTHER,
RESOLVED, that the Town Supervisor, as Chief Fiscal Officer,
is hereby authorized and directed to arrange for and accomplish the
above-authorized transfers, and temporary advances, and
BE IT FURTHER,
RESOLVED, that the Town Supervisor, as Chief Fiscal Officer,
shall keep suitable records and arrange for the repayment of the
temporary advances as soon as possible, but not later than the
close of the 1992 Town Fiscal Year, and the Town Supervisor shall
also determine the amount of interest, if any, to be paid, upon
repayment in accordance with Section 9-A of the General Municipal
Law.
Duly adopted this 14th day of September, 1992, by the
following vote:
AYES : Mr. Tucker, Mrs. Monahan, Mrs. Goetz, Mr. Caimano, Mr.
Brandt
NOES : None
ABSENT: None