055.2013 Occ.Funds to Capt.#166 RESOLUTION AUTHORIZING TRANSFER OF OCCUPANCY FUNDS TO
RUSH POND CAPITAL PROJECT FUND #166
RESOLUTION NO.:55, 2013
INTRODUCED BY: Mr.Anthony Metivier
WHO MOVED ITS ADOPTION
SECONDED BY: Mr.Ronald Montesi
WHEREAS, by prior Resolution and Agreement the Queensbury Town Board provided in the
Town Budget for the Town's receipt of occupancy tax revenues from Warren County in accordance
with the Local Tourism Promotion and Convention Development Agreement(Agreement) entered into
between the Town and Warren County, and
WHEREAS, the Agreement provides that specific expenditure of the funds provided under the
Agreement are subject to further Resolution of the Queensbury Town Board, and
WHEREAS, the Town Board wishes to authorize provision of such funds in the amount of
$7,000 to be transferred into the Rush Pond Capital Project Fund 4166 for the creation of bridges and
trails to be used for recreation purchases which will help to attract a significant number of people to the
Town of Queensbury and the general community, thereby serving as an economic development tool for
tourism in Queensbury and the surrounding area,
NOW,THEREFORE,BE IT
RESOLVED, that the Queensbury Town Board hereby approves and authorizes the
expenditure of funds in the amount of$7,000 toward the Rush Pond Capital Project for the creation of
bridges and trails to be used for recreation purchases, such funds to be from Warren County occupancy
tax revenues received by the Town contingent upon the Town Budget Officer confirming that the
Town has unallocated occupancy tax funds available from Warren County, and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs the Town Budget to amend the
Town Budget and transfer $7,000 from Account No.: 050-6410-4412 to the Rush Pond Capital
Project Fund 9166, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, and/or
Town Budget Officer to take such other and further action as may be necessary to effectuate the terms
of this Resolution.
Duly adopted this lst day of January, 2013,by the following vote:
AYES : Mr.Metivier,Mr. Strough,Mr. Brewer,Mr. Montesi
NOES : None
ABSENT: None