440.97
RESOLUTION TO APPROPRIATE FUND BALANCE
AND SET APPROPRIATIONS IN QUEENSBURY WATER FUND
RESOLUTION NO.: 440, 97
INTRODUCED BY: Mrs. Connie Goedert
WHO MOVED ITS ADOPTION
SECONDED BY: Mrs. Carol Pulver
WHEREAS, the Town Board of the Town of Queensbury desires to
pay $60,000 in principal and $45,240 in interest on a Bond
Anticipation Note issued in December of 1996 for Water Treatment
Plant Expansion Project, after the 1997 budget had been adopted,
and
WHEREAS, all requirements of New York State Local and Finance
Laws have been met to appropriate fund balance, and
WHEREAS, the Queensbury Water District has sufficient surplus
fund balance,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby
appropriates $105,240 in surplus fund balance and increases 1997
appropriations in the following accounts:
40-9730-6030 - B.A.N. principal $ 60,000.
40-9730-7030 - B.A.N. interest $ 45,240.
Duly adopted this 19th day of May, 1997, by the following
vote:
AYES: Mrs. Monahan, Mr. Turner, Mrs. Goedert, Mrs. Pulver, Mr.
Champagne
NOES: None
ABSENT:None
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