Supervisor ARGOTSINGER offered the following Resolution and moved its adoption:

RESOLUTION ESTABLISHING CAPITAL RESERVE FUND FOR FULTON COUNTY SEWER DISTRICT NO. 3:  MECO

WHEREAS, pursuant to Article 5-A of the NYS County Law, Resolution 320 of 2002 designated the Board of Supervisors to act as the “Fulton County Water and Sewer Agency”; and

WHEREAS, Resolution 206 of 2019 established Fulton County Sewer District No. 3: Meco; and

WHEREAS, Section 6-c of the NYS General Municipal Law authorizes the governing board of any county, city, village, town or sewer and water improvement district to establish capital reserve funds for the financing of all or part of the cost of:

 

a.   The construction, reconstruction or acquisition of a specific capital improvement or the acquisition of a specific item or specific items of equipment;

b.   The construction, reconstruction or acquisition of a type of capital improvement or the acquisition of a type of equipment.

 

and,

 

WHEREAS, the monies in that fund shall be deposited, shall be accounted for and shall be expended as is provided by Article 2, Section 10 of NYS General Municipal Law; now, therefore be it

RESOLVED, That by this Resolution, the Fulton County Board of Supervisors hereby creates a reserve fund known as “Fulton County Sewer District No. 3: Meco Capital Reserve Fund” within the meaning of Section 6-c of NYS General Municipal Law; and, be it further

RESOLVED, That the Budget Director/County Auditor shall recommend to the Board of Supervisors, a budgetary appropriation into such fund during every fiscal year; and, be it further

RESOLVED, That the Budget Director/County Auditor and County Treasurer be and hereby are authorized to perform each and every function necessary to implement and comply with the meaning of this Resolution; and, be it further

RESOLVED, That certified copies of this Resolution be forwarded to the County Treasurer, County Attorney, Superintendent of Highways & Facilities, Planning Director, Budget Director/County Auditor, Administrative Officer/Clerk of the Board and to each and every other person, institution or agency who will further the purport of this Resolution.

 

 

 

 

 

Seconded by Supervisor BLACKMON and adopted by the following vote:

TOTAL:  Ayes: 18   Nays: 0   Absent: 2 (Supervisors Lauria and Wilson)