389.2013HoveyPnd.#146 RESOLUTION AUTHORIZING INCREASE IN HOVEY POND PARK
IMPROVEMENT PROJECT #146 AND WITHDRAWAL FROM
CAPITAL RESERVE FUND #61
RESOLUTION NO.: 389,2013
INTRODUCED BY: Mr. John Strough
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Tim Brewer
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$9,500 for specific capital improvements and certain maintenance projects for
the Hovey Pond Park as set forth by the Town Recreation Commission and to consist of
• Dangerous Tree Removal
• Water Quality Improvements
• Miscellaneous Park Repairs
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 maintenance projects for the Hovey Pond Park as set forth above and
expenditures in the total amount of$9,500, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby authorizes a transfer from Fund No.: 61 in the
amount of $9,500 to fund such Project, such funds to be placed into the Hovey Pond Park
Improvement Project Fund #146 and the Town Board further directs that in the event there are funds
remaining in such Fund #146 after completion of the Project or in the event that the Project is not
undertaken, the moneys in Fund#146 shall be returned to the Recreation Reserve, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby increases appropriations in Expense Account
No.: 146-7110-2899 in the amount of$9,500 — Capital Construction and 001-9950-9030-0061 —
Transfer to Capital Project in the amount of$9,500 and estimated revenues in Account No.: 146-
0000-55031 in the amount of$9,500, and
BE IT FURTHER,
RESOLVED, that the Town Board hereby finds that the withdrawal and expenditure for the
Hovey Pond Park Improvement Project is an expenditure for a specific capital project and certain
maintenance projects for which the reserve account was established, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Parks
&Recreation Director 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 Mr. Clements, Mr. Strough, Mr. Brewer, Mr.Montesi
NOES None
ABSENT Mr. Metivier