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City Council

Regular Meeting

Troy, NY · May 25, 2022

AgendaMinutes

Minutes

Minutes of the TROY CITY COUNCIL FINANCE MEETING May 25, 2022 5:15 P.M. The meeting was called to order at 5:17 p.m. by Council President Mantello. Roll Call: The roll being called, the following answered to their names: Council Member Gulli, Council Member Ashe-McPherson, Council Member Steele, Council Member Menn, Council Member Conley-Wilson, Council Member Sorriento, Council President Mantello, Chair. In attendance were Mayor Patrick Madden, Corporation Counsel Richard T. Morrissey, Deputy Mayor Chris Nolin, Approximately 40 members of the public attended. Public Forum: No one came forward 26. Ordinance Amending The 2022 General Fund Budget And Accepting Grant Funds From The Troy Capital Resource Corporation For The 2022 Neighborhood Improvement Program (Council President Mantello) Ordinance passed 7 ayes, 0 nos, 0 abstentions. 27. Ordinance Authorizing An Award Of Neighborhood Improvement Project Funds (Council President Mantello) Ordinance passed 7 ayes, 0 nos, 0 abstentions. Adjournment The meeting adjourned at 5:23 p.m. A video recording of this meeting is on file at the City Clerk's office. An audio recording of this meeting is on file at the City Clerk's office. Audio and video recordings of this meeting are on file at the City Clerk's office. 1

Agenda

TROY CITY COUNCIL FINANCE MEETING AGENDA May 25th, 2022 5:15 P.M. Pledge of Allegiance Roll Call Presentation of Agenda Public Forum ORDINANCES 26. Ordinance Amending The 2022 General Fund Budget And Accepting Grant Funds From The Troy Capital Resource Corporation For The 2022 Neighborhood Improvement Program (Council President Mantello) 27. Ordinance Authorizing An Award Of Neighborhood Improvement Project Funds (Council President Mantello) 1 ORD26 ORDINANCE AMENDING THE 2022 GENERAL FUND BUDGET AND ACCEPTING GRANT FUNDS FROM THE TROY CAPITAL RESOURCE CORPORATION FOR THE 2022 NEIGHBORHOOD IMPROVEMENT PROGRAM The City of Troy, convened in City Council, ordains as follows: Section 1. The City of Troy, New York, hereby accepts $1,500.00 in grant funding from the Troy Capital Resource Corporation for the purpose of the 2022 Neighborhood Improvement Program. Section 2. The City of Troy 2022 budget is herein amended as set forth in Schedule A entitled: 2022 Budget Amendment(s) – CRC Funding which is attached hereto and made a part hereof Section 3. This Ordinance will take effect immediately. Approved as to form, ______________________ , 2022 Richard T. Morrissey, Corporation Counsel Schedule A 2022 Budget Amendment(s) – CRC Funding 3 Original Change Revised Department Account No. Description Budget* (+/-) Budget Revenues Miscellaneous A.1000.2705.0091.0000 Gifts & Donations - Capital Resource Corporation 10,800.00 1,500.00 12,300.00 Expenditures City Council A.1010.0404.0094.0000 Neighborhood Improvements 20,800.00 1,500.00 22,300.00 Net Impact On General Fund 0.00 * Or as previously amended ORD27 ORDINANCE AUTHORIZING AN AWARD OF NEIGHBORHOOD IMPROVEMENT PROJECT FUNDS The City of Troy, in City Council convened, ordains as follows: Section 1. An additional $1,500 grant from the Capital Resource Corporation has been allocated in the 2022 City of Troy budget for 2022 Neighborhood Improvement Projects. Section 2. The City Council of the City of Troy, New York, having given due deliberation and consideration to the several applications presented for Neighborhood Improvement Projects, does hereby award $1,500 in 2022 Neighborhood Improvement Funds to the Friends of the Poestenkill Gorge for trail maintenance and other amenities. Section 3. This Ordinance shall take effect immediately. Approved as to form, ___________________ , 2022 Richard T. Morrissey, Corporation Counsel

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