061.2021 Transfer of Funds from Water Equipment Capital Reserve #78
RESOLUTION AUTHORIZING TRANSFER OF FUNDS FROM
WATER EQUIPMENT CAPITAL RESERVE #78
RESOLUTION NO.: 61, 2021
INTRODUCED BY: Mr. Harrison Freer
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Timothy McNulty
WHEREAS, the Town of Queensbury’s Water Superintendent has requested Town Board
approval to withdraw and expend funds from Water Equipment Capital Reserve No.: 78 toward the
Water Department’s purchase of:
four (4) variable frequency drives model #ABB ACS550 equipped with disconnect
switches and fuses in a NEMA 12 Enclosure Rated for a 1.5 HP Motors, 480
Volts and rated for 3.3 continuous amps for flocculators to replace variable
frequency drives installed in 1995 which are beyond their useful life; and
a 3 phase, 460 volt, 6 horsepower, 3550 rpm submersible grinder back-up pump
model: Flyght MP-3102.170 for the recycling of lagoon water;
for an amount totaling approximately $10,200, and
WHEREAS, in accordance with New York State General Municipal Law §6(c), the Town
Board is authorized to withdraw and expend funds from Water Equipment Capital Reserve No.: 78
subject to permissive referendum,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board hereby finds that the withdrawal and expenditure for the
Town Water Superintendent’s purchase of the items delineated in the preambles above are
expenditures for a specific capital project and/or certain maintenance projects for which the Water
Equipment Capital Reserve Account No.: 78 was established, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby authorizes the Town Budget Officer to take all
actions necessary to amend the Town Budget and effectuate the transfer from Water Equipment
Capital Reserve No.: 78 in the amount of $10,200 to Account No.: 040 8320 2001 to fund such
purchases, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to sign
any needed documentation, and the Town Supervisor, Water Superintendent and/or Budget Officer to
take such other and further action as may be necessary to effectuate the terms of this Resolution, and
BE IT FURTHER,
RESOLVED, that this Resolution is subject to a permissive referendum in accordance with the
provisions of Town Law Article 7 and the Town Board hereby authorizes and directs the Town Clerk
to publish and post such notices and take such other actions as may be required by law.
th
Duly adopted this 25 day of January, 2021, by the following vote:
AYES: Mr. Metivier, Mr. Freer, Mr. Ferone, Mr. McNulty, Mr. Strough
NOES: None
ABSENT: None