219.2010 Cap. Res. Gurney Lane
RESOLUTION AUTHORIZING INCREASE IN GURNEY LANE
RECREATION AREA IMPROVEMENT PROJECT #157 AND
WITHDRAWAL FROM CAPITAL RESERVE FUND #61
RESOLUTION NO.: 219, 2010
INTRODUCED BY: Mr. John Strough
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Ronald Montesi
WHEREAS, the Queensbury Town Board previously established a Capital Reserve Fund
known as the Recreation Reserve Fund No. 61 for future capital projects, and
WHEREAS, the Town Board wishes to withdraw and expend moneys from such reserve
account in the amount of $22,000 for specific capital improvements and certain maintenance projects
for the Gurney Lane Recreation Area to consist of design/surveying services for Phase 1 Park
expansion and maintenance of pavement and parking lots, and
§
WHEREAS, in accordance with New York State General Municipal Law 6(c), the Town
Board is authorized to withdraw and expend funds from Fund #61 subject to permissive referendum,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes the capital improvements
listed in the preambles of this Resolution at the Gurney Lane Recreation Area and authorizes
expenditures in the total amount of $22,000 for such work, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby authorizes a transfer from Fund No.: 61 in the
amount of $22,000 to fund such Project, such funds to be placed into the Recreation Reserve Fund
No.: 157 and the Town Board further directs that in the event there are funds remaining in such capital
project fund after completion of the Project or in the event that the Project is not undertaken, the
moneys in the capital project fund shall be returned to the Recreation Reserve, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby increases appropriations in Expense Account
No.’s: 157-7110-4403 in the amount of $12,000 – Professional Services; and 157-7110-2899 in
the amount of $10,000 – Capital Construction; and estimated revenues in Account No.: 157-
0146-5031 in the amount of $22,000, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby finds that the withdrawal and expenditure for the
Gurney Lane Recreation Area Improvement Project is an expenditure for a specific capital project and
items of equipment for which the reserve account was established, 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.
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Duly adopted this 7 day of June, 2010 by the following vote:
AYES : Mr. Montesi, Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Metivier
NOES : None
ABSENT : None