706.93
RESOLUTION AUTHORIZING INTERFUND ADVANCES
RESOLUTION NO. 706, 93
INTRODUCED BY: Mr. Nick Caimano
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Pliney Tucker
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
40 - Queensbury Water 32 - Quaker Road Sewer 50,000.00
40 - Queensbury Water 34 - Hiland Park Sewer 10,000.00
40 - Queensbury Water 98 - Water Treatment 25,000.00
Plant Expansion
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, and the Town Supervisor
shall also determine the amount of interest, if any, to be paid,
upon repayment.
Duly adopted this 22nd day of November, 1993, by the following
vote:
AYES: Mr. Caimano, Mr. Tucker, Mrs. Monahan, Mrs. Goetz,
Mr. Brandt
NOES: None
ABSENT: None