Notice of Adoption - General Fund Capital Reserve

Whereas, the Town Board of the Town of Halfmoon has established the General Fund Capital Reserve pursuant to Section 6-c of the General Municipal Law to provide funding to construct, reconstruct or acquire capital physical betterments or improvements, and any equipment, machinery or apparatus for any physical betterment or improvements constructed, reconstructed or acquired, and

Whereas, a Public Hearing was held on October 12, 2016, where the proposal was explained and the Town Board heard comments from the audience regarding this project, which includes: Equipment, vehicles, materials, A/C-heating system, & computer & technology related equipment/upgrades

RESOLVED, that the Town Board of the Town of Halfmoon authorizes the above referenced purchases to be financed from the General Fund Capital Reserve. The estimated maximum cost of all items is $205,000. This resolution is subject to permissive referendum pursuant to subdivision 4 of Section 6-c of the General Municipal Law.

DATED: October 19, 2016

Lynda A. Bryan, Town Clerk

Town of Halfmoon