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635.94 RESOLUTION ESTABLISHING NEW CAPITAL PROJECT FUND TO BE KNOWN AS THE GLEN LAKE WATERSHED PLANNING CAPITAL PROJECT FUND RESOLUTION NO. 635, 94 INTRODUCED BY: Mrs. Betty Monahan WHO MOVED ITS ADOPTION SECONDED BY: Mrs. Carol Pulver WHEREAS, the Town Board of the Town of Queensbury is desirous of establishing a Capital Project Fund and establishing therein appropriations for watershed planning in the Glen Lake Watershed within the Town of Queensbury, NOW, THEREFORE, BE IT RESOLVED, that the Town Board of the Town of Queensbury hereby authorizes and directs the establishment of a capital project fund to be known as the Glen Lake Watershed Planning Capital Project Fund for the purpose of developing a comprehensive plan for preservation of the unique environmental attributes of the Glen Lake Watershed, which fund would establish funding for all work and testing, etc., necessary to develop the plan at an estimated cost not to exceed $5,000, and BE IT FURTHER, RESOLVED, that the Town Board of the Town of Queensbury hereby establishes appropriations for said new Capital Project Fund in the amount of $5,000, with the source of funding to be a $5,000 grant from the Open Space Institute, and BE IT FURTHER, RESOLVED, that the Town Board of the Town of Queensbury hereby authorizes the Town Supervisor to transfer funds and take all action that may be necessary to effectuate the terms and provisions of this resolution, and BE IT FURTHER, RESOLVED, that the Glen Lake Watershed Planning Capital Project is to begin immediately, and to end by June 30, 1996. Duly adopted this 19th day of December, 1994, by the following vote: AYES: Mr. Caimano, Mrs. Pulver, Mrs. Monahan, Dr. Wiswall, Mr. Champagne NOES: None ABSENT: None