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FINANCIAL\2013\Capital Project Fiord—hicrease in Freedom Park&WithdraNval From Fiord#61-9-23-13
RESOLUTION AUTHORIZING INCREASE IN FREEDOM PARK
RECREATION AREA IMPROVEMENT PROJECT #190 AND
WITHDRAWAL FROM CAPITAL RESERVE FUND #61
RESOLUTION NO.: ,2013
INTRODUCED BY:
WHO MOVED ITS ADOPTION
SECONDED BY:
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$15,000 for specific capital improvements and certain items of equipment for
the Freedom Park Recreation Area as set forth by the Town Recreation Commission and as follows:
• New safety surfacing $ 8,000
• Play equipment repair or replacement $ 7,000
TOTAL: $15,000
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 specific capital
improvements and certain items of equipment for the Freedom Park Recreation Area as set forth above
and expenditures in the total amount of$15,000, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby authorizes a transfer from Fund No.: 61 in the
amount of$15,000 to fund such Project, such funds to be placed into the Freedom Park Recreation
Area Improvement Project Fund #190 and the Town Board further directs that in the event there are
funds remaining in such Fund#190 after completion of the Project or in the event that the Project is not
undertaken, the moneys in Fund#190 shall be returned to the Recreation Reserve, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby increases appropriations in Expense Account
No.'s: 190-7110-2899 — Capital Construction and 001-9950-9030-0061 - Transfer to Capital
Project in the amount of$15,000 and estimated revenues in Account No.: 190-0000-55031 in the
amount of$15,000, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby finds that the withdrawal and expenditure for the
Freedom Park 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 the Town Board hereby authorizes and directs the Town's Purchasing
Agent to publish an advertisement for bids for the new safety surfacing referred to in the preambles of
this Resolution, in the official newspaper for the Town of Queensbury, open all bids received, read the
same aloud, record the bids as is customarily done and present the bids to the next regular or special
meeting of the Town Board, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Parks
& Recreation Director, Purchasing Agent and/or Town Budget Officer to take all actions 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.
Duly adopted this 23rd day of September, 2013 by the following vote:
AYES
NOES
ABSENT