234.2013 South Qsby Fire Transfer Funds RESOLUTION AUTHORIZING SOUTH QUEENSBURY VOLUNTEER
FIRE COMPANY, INC., TO TRANSFER BUDGETED FUNDS FROM
DEBT SERVICE TO RESERVE FUND
RESOLUTION NO.: 234,2013
INTRODUCED BY: Mr. John Strough
WHO MOVED FOR ITS ADOPTION
SECONDED BY: Mr.Anthony Metivier
WHEREAS, the Town of Queensbury and the South Queensbury Volunteer Fire Co., Inc_
(Fire Company) have entered into an Agreement for fire protection services, which Agreement sets
forth a number of terms and conditions including a condition that the Fire Company will use the monies
provided in accordance with the Agreement in accordance with the budget submitted by the Fire
Company and attached as Exhibit A, with the Fire Company to move funds as necessary between
expense categories within the operating expenses; however, the Fire Company cannot move funds as
necessary between restricted categories such as insurance, debt and vehicle funds without Town Board
approval, and
WHEREAS, the Fire Company has advised the Town Board that the Fire Company has
paid off its Chief s vehicle that was budgeted for a $500 monthly payment ($6,000 annually) and
therefore, the Fire Company has requested Town Board approval to move such $6,000 annually
from its Debt Service portion of its operating budget into its Reserve Fund commencing in January,
2014 (through December, 2015), and
WHEREAS, the Town Board has determined that it is financially beneficial and in the public
interest to authorize such movement of funds,
NOW,THEREFORE,BE IT
RESOLVED, in accordance with the Town of Queensbury's Agreement with the South
Queensbury Volunteer Fire Company, Inc., (Fire Company) for fire protection services, the
Queensbury Town Board hereby authorizes the Fire Company's movement of$6,000 annually from its
Debt Service portion of their operating budget to its Reserve Fund commencing in January 2014
through December, 2015 as generally set forth in the preambles of this Resolution, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, and/or
Town Budget Officer to take any action necessary to effectuate all terms of this Resolution.
Duly adopted this 20th day of May, 2013 by the following vote:
AYES: Mr. Metivier,Mr. Clements,Mr. Strough,Mr. Brewer,Mr. Montesi
NOES: None
ABSENT: None
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