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776.93 RESOLUTION ESTABLISHING HOVEY POND CAPITAL PROJECT BUDGET RESOLUTION NO. 776, 93 INTRODUCED BY: Mr. Michel Brandt WHO MOVED ITS ADOPTION SECONDED BY: Mrs. Susan Goetz WHEREAS, the Town Board of the Town of Queensbury has previously established a Capital Project Fund for the construction of Hovey Pond Park and would like to set budgetary appropriations for said Fund, and WHEREAS, the Town Board of the Town of Queensbury has also, by previous resolutions, established a method of financing for the aforedescribed project and transferred funds as necessary, and WHEREAS, it was brought to the Town Board's attention that the Capital Project Fund should have a total project budget, and WHEREAS, total project expenses as of December 16, 1993 equal $244,202, and accounting for additional expenses it is anticipated that total project costs will be approximately $269,033, NOW, THEREFORE, BE IT RESOLVED, that the Town Board of the Town of Queensbury hereby authorizes and directs that total project appropriations set forth in the budget for the Hovey Pond Park Project, Fund No. 82 be set at $269,033, and BE IT FURTHER, RESOLVED, that the Town Board of the Town of Queensbury hereby determines that previous resolutions have already authorized a transfer of funds and it is not necessary to authorize a further transfer of funds. Duly adopted this 27th day of December, 1993, by the following vote: AYES: Mrs. Goetz, Mr. Tucker, Mrs. Monahan, Mr. Brandt NOES: None ABSENT: Mr. Caimano