RESOLUTION AUTHORIZING THE PURCHASE OF A TEN WHEEL TRUCK FROM THE CAPITAL RESERVE FUND
WHEREAS, the Town Board of the Town of Alabama previously established a Capital Reserve Fund pursuant to Section 6-c of the New York State General Municipal Law for the purpose of financing the acquisition of highway equipment, including trucks; and
WHEREAS, the Town Board has determined that it is necessary and in the best interest of the Town to purchase a truck for use by the Highway Department; and
WHEREAS, funds are available in the Capital Reserve Fund to pay the majority of said purchase; and
WHEREAS, the proposed expenditure is consistent with the purpose for which the Capital Reserve Fund was established;
NOW, THEREFORE, BE IT RESOLVED, that the Town Board of the Town of Alabama hereby authorizes the expenditure of up to $342,899.78 from the Highway Capital Reserve Fund for the purchase of a truck for the Town Highway Department; and
BE IT FURTHER RESOLVED, that the Town Supervisor is hereby authorized and directed to transfer said funds from the Capital Reserve Fund to the appropriate capital or highway fund with any needed balance coming from the equipment fund and to execute any and all documents necessary to complete the purchase; and
BE IT FURTHER RESOLVED, that this resolution shall take effect immediately, subject to permissive referendum as required by law.
Councilperson Fisher offered the resolution, which was seconded by Councilperson Shultz and approved by roll call vote:
C. Fisher – yes C. Klotzbach – yes C. Warner – yes C. Shultz – yes Supv. Crossen – yes
By Order of the Town Board,
Rebecca Borkholder, Town Clerk
Dated: January 13, 2026
