HomeMy WebLinkAboutStormwater Supplies & Land Acquisition s �
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DENIS NONCARROW = 449,/y Town Hall,53095 Main Road
TOWN CLERK C P.O.Box 1179
REGISTRAR,OF VITAL STATISTICS Southold,New York 11971
MARRIAGE OFFICER � Fax(631)765-6145
RECORDS MANAGEMENT OFFICER � �a0 Telephone(631)765-1800
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FREEDOM OF INFORMATION OFFICER www.southoldtownny.gov
OFFICE OF THE TOWN CLERK
TOWN OF SOUTHOLD
August 24, 2023
Town of Southold,New York
$250,000 Bond for Stormwater Supplies &Land Acqi isition
fOur File Designation: 2615/46577)
Mr. Robert P. Smith
Hawkins, Delafield & Wood
7 World Trade Center
250 Greenwich Street, 41"Floor
New York,NY 10007
Dear Mr. Smith:
Enclosed find the following documentation for the above referenced bond:
1. The affidavit of publication in the Suffolk Times August 17th edition
Please let me know if there are any other doCUDients you need from this office at this time.
Vc ry truly yours,
Sa rina M. Born
encls Deputy Town Clerk
j S
73eabe47-66e5-4b52-9903-0bdf8f81a1bd Sabrina.born@town.southold.ny.us
AFFIDAVIT OF PUBLICATION
The Suffolk Times
State of New York,
County of,Suffolk,
The undersigned is the authorized designee of The Suffolk Times, a Weekly Newspaper published in
Suffolk County, New York. I certify that the public notice, a printed copy of which is attached hereto,
was printed and published in this newspaper on the following dates:
August 17,2023
This newspaper has been designated by the County Clerk of Suffolk County, as a newspaper of record in
this county, and as such, is eligible to publish such notices.
014,C94a,
Signature
Christina Henke Rea
Printed Name
Subscribed and sworn to before me,
This 17 day of August 2023
Notary Signa re
tee11111;1t1gP Pg11PPpP '
OF NEW PORK'
NOWZY PURI.0:
Notary Public Stamp ALBANY �
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soy✓�� ISSION EXe,��e°°°°°°
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SC►UTHOLD TOWN CLERK
1
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73eabe47-66e5-052-9903-0bdf8f81a1bd Sabrina.born @town.southo Id.ny.us
AFFIDAVIT OF PUBLICATION
The Suffolk Times
LEGAL NOTICE
The resolution,a summary of which
is published herewith, has been
adopted on the 5th day of July,
2023, and an abstract thereof has
been published and posted as
required by law and the period of
time has elapsed for the submission
and filing of a petition for a
permissive referendum and a valid
petition has not been submitted
and filed. The validity of the
obligations authorized by such
resolution may be hereafter
contested only if such obligations
were authorized for an object or
purpose for which the Town of
Southold, in the County of Suffolk,
New York, is not authorized to
expend money or if the provisions
of law which should have been
complied with as of the date of
publication of this notice were not
substantially complied with, and an
action,suit or proceeding
contesting such validity is
commenced within twenty days
after the date of publication of the
notice, or such obligations were
authorized in violation of the
provisions of the constitution.
DENIS NONCARROW,Town Clerk
BOND RESOLUTION OF THE
TOWN OF SOUTHOLD, NEW
YORK,ADOPTED JULY 5, 2023,
AUTHORIZING THE ISSUANCE OF
BONDS IN A PRINCIPAL AMOUNT
NOT TO EXCEED$250,000 TO
FINANCE THE ACQUISITION OF
STORMWATER CONTROL
MATERIALS AND SUPPLIES AND
A PARCEL OF REAL PROPERTY
FOR DRAINAGE PURPOSES,
STATING THE ESTIMATED
MAXIMUM COST THEREOF IS
SOUTHOLD TOWN CLERK 2
I
f
i
73eabe47-66e5-4b52-9903-0bdf8f8laIbd sabring.born@town.southoId.ny.us
AFFIDAVIT OF PUBLICATION
The Suffolk Times
$250,000 AND APPROPRIATING
SAID AMOUNT FOR SUCH
PURPOSE
The object or purpose for which the
bonds are authorized is the
acquisition of stormwater control
materials and supplies at the
estimated maximum cost of
$210,000 and the acquisition of a
.15 acre parcel of real property
located north of the intersection of
Sound Avenue and Pacific Street in
Mattituck NY, known as SCTM
1000-141-4-10 at the estimated
maximum cost of$40,000,for
drainage purposes.
The maximum amount of
obligations authorized to
be issued is$250,000.
The period of probable usefulness ,
is forty(40)years.
A complete copy of the Bond
Resolution summarized above shall
be available for public inspection
during normal business hours at the
office of the Town Clerk, at the
Town Hall, 53095 Main Road,
Southold, NY.
Dated:August 11,2023
r
I
.SOUTHOLD TOWN CLERK 3 I
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S% FO(�c�
DENIS NONCARROW ��� Gy Town Hall,53095 Main Road
TOWN CLERK p P.O.Box 1179
C* Southold,New York 11971
REGISTRAR,OF VITAL STATISTICS p �
MARRIAGE OFFICER .t. Fax(631)765-6145
RECORDS MANAGEMENT OFFICER Telephone(631)765-1800
FREEDOM OF INFORMATION OFFICER www.southoldtownny.gov
OFFICE OF TH E TOWN CLERK
TOWN OF SOUTHOLD
�— -- - -- --' - - - A igust 14, 2023
EI 011 988 041 US
Town of Southold,New York
$250,000 Bond for Stormwater Supplies & Land Acquisition.
(Our File Designation: 2615/46577
Mr. Robert P. Smith
Hawkins, Delafield& Wood
7 World Trade Center
250 Greenwich Street, 41"Floor
New York, NY 10007
Dear Mr. Smith:
Enclosed find the following documentation for he above referenced bond:
1. The affidavit of publication in the Suffolk Times July 13th edition
Please let me know if there are any other documents you need from this office at this time.
Vc ry truly yours,
Sa rina M. Born
Deputy Town Clerk
encls
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7 a 2 cca e7-2 1 d 0-4a 54-b b 0 1-d 2 1 b4dfd5 1fd Sabrina.born@town.southold.ny.us
AFFIDAVIT OF PUBLICATION
The Suffolk Times
State of New York,
County of,Suffolk,
The undersigned is the authorized designee of The Suffolk Times, a Weekly Newspaper published in
Suffolk County, New York. I certify that the public notice, a printed copy of which is attached hereto,
was printed and published in this newspaper on the following dates:
July 13, 2023
This newspaper has been designated by the County Clerk of Suffolk County, as a newspaper of record in
this county, and as such, is eligible to publish such notices.
Signature
Christina Henke Rea
Printed Name
Subscribed and sworn to before me,
This 13 day of July 2023
Notary Sign ure
nr
•' STAFF
OF NEW FORK*%
NOTARY PUBLIC.
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ALBANY Q
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Notary Public Stamp
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SOUTHOLD TOWN CLERK 1
7a2ccae7-21d0-4a54-bb01-d21b4dfd51fd sabrina.born@town.southoId.ny.us
AFFIDAVIT OF PUBLICATION
The Suffolk Times
LEGAL NOTICE
TOWN OF SOUTHOLD, NY
PLEASE TAKE NOTICE that on July
5, 2023,the Town Board of the
Town of Southold, in the County of
Suffolk, New York, adopted a bond
resolution entitled:
"Bond Resolution of the Town of
Southold, New York, adopted July
5, 2023,authorizing the issuance of
bonds in a principal amount not to
exceed $250,000 to finance the
acquisition of stormwater control
materials and supplies and a parcel
of real property for drainage
purposes,stating the estimated
maximum cost thereof is$250,000
and appropriating said amount for
such purpose,"
an abstract of which bond
resolution concisely stating the
purpose and effect thereof, being
as follows:
FIRST: AUTHORIZING the Town of
Southold, New York to issue bonds
in a principal amount not to exceed
$250,000 pursuant to the Local
Finance Law of the State of New
York,to finance the acquisition of
stormwater control materials and
supplies at the estimated maximum
cost of$210,000 and the
acquisition of a .15 acre parcel of
real property located north of the
intersection of Sound Avenue and
Pacific Street in Mattituck NY,
known as SCTM 1000-141-4-10 at
the estimated maximum cost of
$40,000,for drainage purposes;
SECOND: STATING that the
estimated maximum cost thereof,
including preliminary costs and
costs incidental thereto and the
financing thereof, is$250,000;
SOUTHOLD TOWN CLERK 2
I
7a2ccae7-21d0-4a54-bb01-d21b4dfd51fd Sabrina.born@town.southold.ny.us
AFFIDAVIT OF PUBLICATION
The Suffolk Times
appropriating said amount for such
purpose;and STATING that the
plan of financing includes the
issuance of bonds in a principal
amount not to exceed$250,000 to
finance said appropriation, and the
levy and collection of taxes on all
the taxable real property in the
Town to pay the principal of said
bonds and the interest thereon as
the same shall become due and
payable;
THIRD: DETERMINING and
STATING that the period of
probable usefulness applicable to
the object or purpose for which
said bonds are authorized to be
issued is forty(40)years;the
proceeds of said bonds and any
bond anticipation notes issued in
anticipation thereof may be applied
to reimburse the Town for
expenditures made after the
effective date of this bond
resolution for the purposes for
which said bonds are authorized;
and the proposed maturity of said
bonds will exceed five (5)years;
FOURTH: DETERMINING that said
bonds and any bond anticipation
notes issued in anticipation of said
bonds and the renewals of said
bond anticipation notes shall be
general obligations of the Town;
and PLEDGING to their payment
the faith and credit of the Town;
FIFTH: DELEGATING to the
Supervisor the powers and duties
as to the issuance of said bonds
and any bond anticipation notes
issued in anticipation of said bonds,
or the renewals thereof; and
SIXTH: STATING the conditions
under which the validity of the
bonds and any notes issued in
anticipation thereof may be
contested: and i
SOUTHOLD TOWN CLERK
3
7a2ccae7-21d0-4a 54-bb01-d21b4dfd51fd sabrina.born@town.southo Id,ny.us
AFFIDAVIT OF PUBLICATION
The Suffolk Times
SEVENTH: DETERMINING that the
bond resolution is subject to a
permissive referendum.
DATED:July 5,2023
Denis Noncarrow,Town Clerl<
i
SOUTHOLD TOWN CLERK 4
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o�osu Foc,�oo
DENIS NONCARROW y. G
•f. Town Hall,53095 Main Road
TOWN CLERK y P.O.Box 1179
REGISTRAR,OF VITAL STATISTICS +� Southold,New York 11971
MARRIAGE OFFICER ' �fi Fax(631)765-6145
RECORDS MANAGEMENT OFFICER ��,( �a�� Telephone(631)765-1800
FREEDOM OF INFORMATION OFFICER www.southoldtownnygov
i
OFFICE OF TIBE TOWN CLERK
TOWN OF SOUTHOLD
August 11, 2023
�E 3 )? qq9 (P7/ u5
Town of Southold, New York
$250,000 Bond for Stormwater Supplies& Land Acq isition
(Our File Designation: 2615/46577
Mr. Robert P. Smith
Hawkins, Delafield & Wood
7 World Trade Center
250 Greenwich Street, 41"Floor
New York,NY 10007
Dear Mr. Smith:
Enclosed find the following documentation for the above referenced bond:
1. Certificate of No Referendum
2. Legal Notice that will appear in the August 17'h edition of the Suffolk Times, Town Clerk
bulletin board, and the Town website.
3. Affidavit of posting
I will forward the Suffolk Times affidavit of publication when I receive it. Please let me know if there are any
other documents you need from this office at this time.
Very truly yours,
Sabrina M. Born
D puty Town Clerk
encs
CERTIFICATE OF NO REFERENDUM
1, DENIS NONCARROW, Town Clerk of the Town of Southold, in the County of
Suffolk, State of New York, HEREBY CERTIFY as follows:-
That a resolution of the Town Board of the Town of Southold, in the County of
Suffolk, State of New York, entitled:
"Bond Resolution of the Town of Southold,New York,adopted July
5, 2023, authorizing the issuance of bonds in a principal amount not
to exceed$250,000 to finance the acquisition of stormwater control
materials and supplies and a parcel of real property for drainage
purposes, stating the estimated maximum cost thereof is $250,000
and appropriating said amount for such purpose,"
was adopted July 5, 2023, and that the notice setting forth the date of adoption of the resolution
and containing an abstract of said resolution which concisely stated the purpose and effect thereof,
was duly posted and published as required by law.
That no petition signed and acknowledged by the electors of the Town protesting
against said resolution and requesting that said resolution be submitted to the electors of the Town
for their approval or disapproval has been filed with the Town Clerk within thirty days after the
date of the adoption thereof, or at any other time since said adoption.
IN WITNESS WHEREOF, I have hereunt set mynd and affixed the
corporate seal f said o his 11th day of August,
2023.
(SEAL) V Town Clerk
NOTICE
The resolution, a summary of which is published herewith, has been adopted on the 5th day of
July, 2023, and an abstract thereof has been published and posted as required by law and the period
of time has elapsed for the submission and filing of a petition for a permissive referendum and a
valid petition has not been submitted and filed. The validity of the obligations authorized by such
resolution may be hereafter contested only if such obligations were authorized for an object or
purpose for which the Town of Southold, in the County of Suffolk, New York, is not authorized
to expend money or if the provisions of law which should have been complied with as of the date
of publication of this notice were not substantially complied with, and an action, suit or proceeding
contesting such validity is commenced within twenty days after the date of publication of the
notice, or such obligations were authorized in violation of the provisions of the constitution.
DENIS NONCARROW
Town Clerk
BOND RESOLUTION OF THE TOWN OF SOUTHOLD, NEW
YORK, ADOPTED JULY 5, 2023, AUTHORIZING THE
ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO
EXCEED $250,000 TO FINANCE THE ACQUISITION OF
STORMWATER CONTROL MATERIALS AND SUPPLIES AND A
PARCEL OF REAL PROPERTY FOR DRAINAGE PURPOSES,
STATING THE ESTIMATED MAXIMUM COST THEREOF IS
$250,000 AND APPROPRIATING SAID AMOUNT FOR SUCH
PURPOSE
The object or purpose for which the bonds are authorized is the acquisition of stormwater control
materials and supplies at the estimated maximum cost of$210,000 and the acquisition of a.15 acre
parcel of real property located north of the intersection of Sound Avenue and Pacific Street in
Mattituck NY, known as SCTM 1000-141-4-10 at the estimated maximum cost of$40,000, for
drainage purposes.
The maximum amount of obligations authorized to be issued is $250,000..
The period of probable usefulness is forty (40) years.
A complete copy of the Bond Resolution summarized above shall be available for public
inspection during normal business hours at the office of the Town Clerk, at the Town Hall, 53095
Main Street, Southold,New York.
STATE OF NEW YORK)
SS:
COUNTY OF SUFFOLK)
Denis Noncarrow, Town Clerk of the Town of Southold,New York being duly
sworn, says that on the llt"I day of August,2023, a notice of which the annexed
printed notice is a true copy was affixed, in a proper and substantial manner, in a most
public place in the Town of Southold, Suffolk County,New York, to wit: Town
Clerk's Bulletin Board, 53095 Main Road, Southold,New York and the Southold
Town Website: www.southoldtownny.gov
Bond—Stormwater Supplies & Land Acq.
P
Denis NgncarrW
Southold Town Clerk
Sworn to before me on the
11th day of August, 2023
Z&4w��k
Notary Public
SABRINA M BORN
Notary Public,State of New York
No.01606317038,Suffolk County
Commission Expires Dec.22,20_Z?
Times Review Media Group Invoice #: 73eabe47
The Suffolk Times Date: 08/11/2023
Bill To Customer Email
SOUTHOLD TOWN CLERK sabring.born@ town.southold.ny.us
Affidavits will be mailed or emailed (as ordered) 7 days AFTER THE
LAST INSERTION DATE.
Description Publish Date Amount
PUBLIC 08/17/2023 $57.01
Affidavit(eMail) 1 $25.00
Affidavit(Mail) 0 $0.00
Total: $82.01
Please remit checks payable to: Balance:
$82.01
Times Review Media Group
PO Box 1500
Mattituck, NY 11952
The invoice number MUST be included on your check to ensure that your payment is
applied correctly.
LEGAL NOTICE
The resolution,a summary of which
is published herewith,has been
adopted on the 5th day of July,
2023,and an abstract thereof has
been published and posted as
required by law and the period of
time has elapsed for the submission
and filing of a petition for a
permissive referendum and a valid
petition has not been submitted
and filed. The validity of the
obligations authorized by such
resolution may be hereafter
contested only if such obligations
were authorized for an object or
purpose for which the Town of
Southold,in the County of Suffolk,
New York,is not authorized to
expend money or if the provisions
of law which should have been
complied with as of the date of
publication of this notice were not
substantially complied with,and an
action,suit or proceeding
contesting such validity is
commenced within twenty days
after the date of publication of the
notice,or such obligations were
authorized in violation of the
provisions of the constitution.
DENIS NONCARROW,Town Clerk
BOND RESOLUTION OF THE
TOWN OF SOUTHOLD,NEW
YORK,ADOPTED JULY 5,2023,
AUTHORIZING THE ISSUANCE OF
BONDS IN A PRINCIPAL AMOUNT
NOT TO EXCEED$250,000 TO
FINANCE THE ACQUISITION OF
STORMWATER CONTROL
MATERIALS AND SUPPLIES AND
A PARCEL OF REAL PROPERTY
FOR DRAINAGE PURPOSES,
STATING THE ESTIMATED
MAXIMUM COST THEREOF IS
$250,000 AND APPROPRIATING
SAID AMOUNT FOR SUCH
PURPOSE
The object or purpose for which the
bonds are authorized is the
acquisition of stormwater control
materials and supplies at the
estimated maximum cost of
$210,000 and the acquisition of a
.15 acre parcel of real property
located north of the intersection of
Sound Avenue and Pacific Street in
Mattituck NY,known as SCTM
1000-141-4-10 at the estimated
maximum cost of$40,000,for
drainage purposes.
The maximum amount of
obligations authorized to
be issued is$250,000.
The period of probable usefulness j
is forty(40)years.
A complete copy of the Bond
Resolution summarized above shall
be available for public inspection
during normal business hours at the
office of the Town Clerk,at the
Town Hall,53095 Main Road,
Southold,NY.
Dated:August 11,2023
LEGAL NOTICE
The resolution, a summary of which is published herewith, has been adopted on the 5th day of
July, 2023, and an abstract thereof has been published and posted as required by law and the period
of time has elapsed for the submission and filing of a petition for a permissive referendum and a
valid petition has not been submitted and filed. The validity of the obligations authorized by such
resolution may be hereafter contested only if such obligations were authorized for an object or
purpose for which the Town of Southold, in the County of Suffolk, New York, is not authorized
to expend money or if the provisions of law which should have been complied with as of the date
of publication of this notice were not substantially complied with,and an action, suit or proceeding
contesting such validity is commenced within twenty days after the date of publication of the
notice, or such obligations were authorized in violation of the provisions of the constitution.
DENIS NONCARROW
Town Clerk
BOND RESOLUTION OF THE TOWN OF SOUTHOLD, NEW
YORK, ADOPTED JULY 5, 2023, AUTHORIZING THE
ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO
EXCEED $250,000 TO FINANCE THE ACQUISITION OF
STORMWATER CONTROL MATERIALS AND SUPPLIES AND A
PARCEL OF REAL PROPERTY FOR DRAINAGE PURPOSES,
STATING THE ESTIMATED MAXIMUM COST THEREOF IS
$250,000 AND APPROPRIATING SAID AMOUNT FOR SUCH
PURPOSE
The object or purpose for which the bonds are authorized is the acquisition of stormwater control
materials and supplies at the estimated maximum cost of$210,000 and the acquisition of d.15 acre
parcel of real property located north of the intersection of Sound Avenue and Pacific Street in
Mattituck NY, known as SCTM 1000-141-4-10 at the estimated maximum cost of$40,000, for
drainage purposes.
The maximum amount of obligations authorized to be issued is $250,000.
The period of probable usefulness is forty (40) years.
A complete copy of the Bond Resolution summarized above shall be available for public
inspection during normal business hours at the office of the Town Clerk, at the Town Hall, 53095
Main Street, Southold,New York.
Dated: August 11, 2023
o 4Q03FF0L/(
DENIS NONCARROW �� �G.y Town Hall,53095 Main Road
TOWN CLERK p P.O.Box 1179
C* = Southold,New York 11971
REGISTRAR OF VITAL STATIS ICS Q Fax(631)765-6145
MARRIAGE OFFICERy
RECORDS MANAGEMENT OFFICER �Oj � Telephone 765-1800
FREEDOM OF INFORMATION OFFICER
www.southoldtldtownny.gov
OFFICE OF THE TOWN CLERK
TOWN OF SOUTHOLD
1
July 10, 2023
E
Oil W 055 U
Town of Southold,New York
$25,000 Bond for Stormwater Su plies & Land Acquisition
Our File Designation: 2615/465 7
Mr. Robert P. Smith
Hawkins, Delafield & Wood
7 World Trade Center
250 Greenwich Street, 41"Floor
New York,NY 10007
Dear Mr. Smith:
Enclosed find the following documentation for the above referenced bond:
1. Resolution adopting the Bond Resolution
2. Legal Notice that i appearing in the 3/9 edition of the Suffolk Times
3. Affidavit of postin
4. Extract of Minutes with certification
I will forward the affidavit of publications when I receive it. Please let me know if there are any other
documents you need from this off ice at this time.
Very truly yours,
Sabrina M. Born
Deputy Town Clerk
encs
Southold Town Board -Letter Board Meeting of July 5, 2023
06*00
RESOLUTION 2023-595 Item#4.15
ADOPTED DOC ID: 19290
THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 2023-595 WAS
ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON
JULY 5,2023:
BOND RESOLUTION OF THE TOWN OF SOUTHOLD, NEW
YORK, ADOPTED JULY 5, 2023, AUTHORIZING THE
ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO
EXCEED $250,000 TO FINANCE THE ACQUISITION OF
STORMWATER CONTROL MATERIALS AND SUPPLIES
AND A PARCEL OF REAL PROPERTY FOR DRAINAGE
PURPOSES, STATING THE ESTIMATED MAXIMUM COST
THEREOF IS $250,000 AND APPROPRIATING SAID
AMOUNT FOR SUCH PURPOSE
THE TOWN BOARD OF THE TOWN OF SOUTHOLD, IN THE COUNTY OF
SUFFOLK, NEW YORK, HEREBY RESOLVES (by the favorable vote of not less than two-
thirds of all the members of said Town Board) AS FOLLOWS:
Section 1. The Town of Southold, in the County of Suffolk, New York (herein
called the "Town"), is hereby authorized to issue bonds in a principal amount not to exceed
$250,000 pursuant to the Local Finance Law, constituting Chapter 33-a of the Consolidated
Laws of the State of New York (herein called the "Law"), to finance the acquisition of
stormwater control materials and supplies at the estimated maximum cost of$210,000 and the
acquisition of a .15 acre parcel of real property located north of the intersection of Sound Avenue
and Pacific Street in Mattituck NY, known as SCTM 1000-141-4-10 at the estimated maximum
cost of$40,000, for drainage purposes.
Section 2. The aggregate estimated maximum cost thereof, including preliminary
costs and costs incidental thereto and the financing thereof, is $250,000 and said amount is
hereby appropriated for such purpose. The plan of financing includes the issuance of bonds in a
principal amount not to exceed $250,000 to finance said appropriation, the levy and collection of
taxes on all the taxable real property in the Town to pay the principal of said bonds and the
interest thereon as the same shall become due and payable.
Section 3. The following additional matters are hereby determined and declared:
(a) The period of probable usefulness applicable to the object or purpose for
which said bonds are authorized to be issued, within the limitations of Section 11.00 a. 4 of the
Law, is forty (40) years.
(b) The proceeds of the bonds herein authorized and any bond anticipation notes
issued in anticipation of said bonds may be applied to reimburse the Town for expenditures made
after the effective date of this resolution for the purpose for which said bonds are authorized.
The foregoing statement of intent with respect to reimbursement is made in conformity with
Treasury Regulation Section 1.150-2 of the United States Treasury Department.
Generated July 6, 2023 Page 28
Southold Town Board - Letter Board Meeting of July 5, 2023
(c) The proposed maturity of the bonds authorized by this resolution will exceed
five (5)years.
Section 4. Each of the bonds authorized by this resolution and any bond
anticipation notes issued in anticipation of the sale of said bonds shall contain the recital of
validity as prescribed by Section 52.00 of the Law and said bonds and any notes issued in
anticipation of said bonds shall be.general obligations of the Town, payable as to both principal
and interest by general tax upon all the taxable real property within the Town. The faith and
credit of the Town are hereby irrevocably pledged to the punctual payment of the principal of
and interest on said bonds and any notes issued in anticipation of the sale of said bonds and
provision shall be made annually in the budget of the Town by appropriation for (a) the
amortization and redemption of the bonds and any notes in anticipation thereof to mature in such
year and (b) the payment of interest to be due and payable in such year.
Section 5. Subject to the provisions of this resolution and of the Law and
pursuant to the provisions of Section 21.00 of the Law relative to the authorization of bonds with
substantially level or declining annual debt service, Section 30.00 relative to the authorization of
the issuance of bond anticipation notes and Section 50.00 and Sections 56.00 to 60.00 and
Section 168.00 of the Law, the powers and duties of the Town Board relative to authorizing bond
anticipation notes and prescribing the terms, form and contents and as to the sale and issuance of
the bonds herein authorized, and of any bond anticipation notes issued in anticipation of said
bonds, and the renewals of said bond anticipation notes, and as to the execution of agreements
for credit enhancements, are hereby delegated to the Supervisor, the chief fiscal officer of the
Town.
Section 6. The validity of the bonds authorized by this resolution, and of any
notes issued in anticipation of the sale of said bonds, may be contested only if:
(a) such obligations are authorized for an object or purpose for which the
Town is not authorized to expend money, or
(b) the provisions of law which should be complied with at the date of
publication of such resolution, or a summary thereof, are not substantially
complied with,
and an action, suit or proceeding contesting such validity is commenced within twenty days after
the date of such publication, or
(c) such obligations are authorized in violation of the provisions of the
constitution.
Section 7. This bond resolution is subject to a permissive referendum and the
Town Clerk is hereby authorized and directed, within ten (10) days after the adoption of this
resolution, to publish or cause to be published, in full, in the official newspaper of the Town,
having a general circulation within said Town, and posted on the sign board of the Town
maintained pursuant to the Town Law, a Notice in substantially the following form appearing in
Exhibit A hereto.
Section 8. The Town Clerk is hereby authorized and directed, after said bond
resolution shall take effect, to cause said bond resolution to be published, in summary, in the
official newspaper of the Town, having a general circulation within said Town, together with a
Notice in substantially the form as provided by Section 81.00 of the Law.
EXHIBIT A
Generated July 6, 2023 Page 29
Southold Town Board - Letter Board Meeting of July 5, 2023
(Below is the Notice for Publication and Posting)
TOWN OF SOUTHOLD,NEW YORK
PLEASE TAKE NOTICE that on July 5, 2023, the Town Board of the Town of
Southold, in the County of Suffolk,New York, adopted a bond resolution entitled:
"Bond Resolution of the Town of Southold, New York,
adopted July 5, 2023, authorizing the issuance of bonds in a
principal amount not .to exceed $250,000 to finance the
acquisition of stormwater control materials and supplies and a
parcel of real property for drainage purposes, stating the
estimated maximum cost thereof is $250,000"and appropriating
said amount for such purpose,"
an abstract of which bond resolution concisely stating the purpose and effect thereof, being as
follows:
FIRST: AUTHORIZING the Town of Southold, New York to issue bonds in a
principal amount not to exceed $250,000 pursuant to the Local Finance Law of the State of New
York, to finance the acquisition of stormwater control materials and supplies at the estimated
maximum cost of$210,000 and the acquisition of a .15 acre parcel of real property located north
of the intersection of Sound Avenue and Pacific Street in Mattituck NY, known as SCTM 1000-
141-4-10 at the estimated maximum cost of$40,000, for drainage purposes;
SECOND: STATING that the estimated maximum cost thereof, including
preliminary costs and costs incidental thereto and the financing thereof, is $250,000;
appropriating said amount for such purpose; and STATING that the plan of financing includes
the issuance of bonds in a principal amount not to exceed $250,000 to finance said appropriation,
and the levy and collection of taxes on all the taxable real property in the Town to pay the
principal of said bonds and the interest thereon as the same shall become due and payable;
THIRD: DETERMINING and STATING that the period of probable usefulness
applicable to the object or purpose for which said bonds are authorized to be issued is forty (40)
years; the proceeds of said bonds and any bond anticipation notes issued in anticipation thereof
may be applied to reimburse the Town for expenditures made after the effective date of this bond
resolution for the purposes for which said bonds are authorized; and the proposed maturity of
said bonds will exceed five (5)years;
FOURTH: DETERMINING that said bonds and any bond anticipation notes
issued in anticipation of said bonds and the renewals of said bond anticipation notes shall be
general obligations of the Town; and PLEDGING to their payment the faith and credit of the
Town;
FIFTH: DELEGATING to. the Supervisor the powers and duties as to the
issuance of said bonds and any bond anticipation notes issued in anticipation of said bonds, or
the renewals thereof; and
SIXTH: STATING the conditions under which the validity of the bonds.and any
notes issued in anticipation thereof may be contested: and
SEVENTH: DETERMINING that the bond resolution is subject to a permissive
referendum.
DATED: July 5, 2023
Denis Noncarrow
Town Clerk
Generated July 6, 2023 Page 30
Southold Town Board - Letter Board Meeting of July 5, 2023
Denis Noncarrow
Southold Town Clerk
RESULT: ADOPTED [UNANIMOUS]
MOVER: Brian O. Mealy, Councilman
SECONDER:Sarah E.Nappa, Councilwoman
AYES: Nappa, Doroski, Mealy, Doherty, Evans, Russell
Generated July 6, 2023 Page 31
LEGAL NOTICE
TOWN OF SOUTHOLD,NEW YORK
PLEASE TAKE NOTICE that on July 5, 2023,the Town Board of the Town of Southold,
in the County of Suffolk,New York, adopted a bond resolution entitled:
"Bond Resolution of the Town of Southold,New York, adopted July
5, 2023, authorizing the issuance of bonds in a principal amount not
to exceed $250,000 to finance the acquisition of stormwater control
materials and supplies and a parcel of real property for drainage
purposes,stating the estimated maximum cost thereof is$250,000 and
appropriating said amount for such purpose,"
an abstract of which bond resolution concisely stating the purpose and effect thereof, being as follows:
FIRST: AUTHORIZING the Town of Southold,New York to issue bonds in a principal
amount not to exceed$250,000 pursuant to the Local Finance Law of the State of New York,to finance the
acquisition of stormwater control materials and supplies at the estimated maximum cost of$210,000 and
the acquisition of a .15 acre parcel of real property located north of the intersection of Sound Avenue and
Pacific Street in MattituckNY,known as SCTM 1000-141-4-10 at the estimated maximum cost of$40,000,
for drainage purposes;
SECOND: STATING that the estimated maximum cost thereof, including preliminary
costs and costs incidental thereto and the financing thereof, is $250,000; appropriating said amount for
such purpose;and STATING that the plan of financing includes the issuance of bonds in a principal amount
not to exceed$250,000 to finance said appropriation, and the levy and collection of taxes on all the taxable
real property in the Town to pay the principal of said bonds and the interest thereon as the same shall
become due and payable;
THIRD: DETERMINING and STATING that the period of probable usefulness applicable
to the object or purpose for which said bonds are authorized to be issued is forty (40)years; the proceeds
of said bonds and any bond anticipation notes issued in anticipation thereof may be applied to reimburse
the Town for expenditures made after the effective date of this bond resolution for the purposes for which
said bonds are authorized; and the proposed maturity of said bonds will exceed five(5)years;
FOURTH: DETERMINING that said bonds and any bond anticipation notes issued in
anticipation of said bonds and the renewals of said bond anticipation notes shall be general obligations of
the Town; and PLEDGING to their payment the faith and credit of the Town;
FIFTH: DELEGATING to the Supervisor the powers and duties as to the issuance of said
bonds and any bond anticipation notes issued in anticipation of said bonds, or the renewals thereof, and
SIXTH: STATING the conditions under which the validity of the bonds and any notes
issued in anticipation thereof may be contested: and
SEVENTH: DETERMINING that the bond resolution is subject -to a permissive
referendum.
DATED: July 5, 2023
Denis Noncarrow
Town Clerk
I
AFFIDAVIT OF POSTING
STATE OF NEW YORK )
:ss:
COUNTY OF SUFFOLK )
DENIS NONCARROW, being duly sworn, deposes and says:
That he is and at all times hereinafter mentioned he was the duly qualified and
acting Town Clerk of the Town of Southold, State of New York;
That on July 10, 2023, he has caused to be conspicuously posted and fastened up a
Notice setting forth an abstract of the bond resolution duly adopted by the Town Board on July 5,
2023, a copy of which is annexed hereto and made a rt ereof, on the sign board of the Town
maintained pursuant to the Town Law.
Town Clerk
Subscribed and sworn to before me
this 10th day of July, 2023.
L
otary Public, State of New York
S4BRINA M BORN
Notary Public,state of New York
No.01B06317038,suffolk Counbr.
Commission Expires Dec.22,20
EXTRACT OF MINUTES
Meeting of the Town Board of the
Town of Southold, in the
County of Suffolk,New York
July 5, 2023
A meeting of the Town Board of the Town of Southold, in the County of Suffolk,New York, was
held at the Town Hall, 53095 Main Road, Southold,New York, on July 5, 2023.
There were present: Hon. Scott A. Russell, Supervisor; and
Councilpersons: Justice Louisa p. Evans
Councilwoman Jill Doherty ,
Councilwoman Sarah E. Nappa
Councilman Brian O. Mealy
Councilman Greg Doroski
There were absent: None
Also present: Paul DeChance, Town Attorney
Denis Noncarrow, Town Clerk
Councilman Brian O. Mealy offered the following resolution and moved its adoption:
BOND RESOLUTION OF THE TOWN OF SOUTHOLD, NEW YORK,
ADOPTED JULY 5, 2023, AUTHORIZING THE ISSUANCE OF BONDS IN A
PRINCIPAL AMOUNT NOT TO EXCEED $250,000 TO FINANCE THE
ACQUISITION OF STORMWATER CONTROL MATERIALS AND SUPPLIES
AND A PARCEL OF REAL PROPERTY FOR DRAINAGE PURPOSES,
STATING THE ESTIMATED MAXIMUM COST THEREOF I.S $250,000 AND
APPROPRIATING SAID AMOUNT FOR SUCH PURPOSE
THE TOWN BOARD OF THE TOWN OF SOUTHOLD, IN THE COUNTY OF SUFFOLK,
NEW YORK; HEREBY RESOLVES (by the favorable vote of not less than two-thirds of all the
members of said Town Board) AS FOLLOWS:
Section 1. The Town of Southold,in the County of Suffolk,New York(herein called the"Town"),
is hereby authorized to issue bonds in a principal amount not to exceed $250,000 pursuant to the Local Finance
Law, constituting Chapter 33-a of the Consolidated Laws of the State of New York(herein called the "Law"), to
finance the acquisition of stormwater control materials and supplies at the estimated maximum cost of$210,000
and the acquisition of a .15 acre parcel of real property located north of the intersection of Sound Avenue and
Pacific Street in Mattituck NY, known as SCTM 1000-141-4-10 at the estimated maximum cost of$40,000, for
drainage purposes.
Section 2. The aggregate estimated maximum cost thereof, including preliminary costs and costs
incidental thereto and the financing thereof,is$250,000 and said amount is hereby appropriated for such purpose.
The plan of financing includes the issuance of bonds in a principal amount not to exceed$250,000 to finance said
appropriation,the levy and collection of taxes on all the taxable real property in the Town to pay the principal of
said bonds and the interest thereon as the same shall become due and payable.
Section 3. The following additional matters are hereby determined and declared:
(a) The period of probable usefulness applicable to the object or purpose for which said bonds are
authorized to be issued, within the limitations of Section 11:00 a. 4 of the Law, is forty (40) years.
r.
(b) The proceeds of the bonds herein authorized and any bond anticipation notes issued in
anticipation of said bonds may be applied to reimburse the Town for expenditures made after the effective date
of this resolution for the purpose for which said bonds are authorized. The foregoing statement of intent with
respect to reimbursement is made in conformity with Treasury Regulation Section 1.150-2 of the United States
Treasury Department.
(c) The proposed maturity of the bonds authorized by this resolution will exceed five (5)years.
Section 4. Each of`the bonds authorized by this resolution and any bond anticipation notes issued
in anticipation of the sale of said bonds shall contain the recital of validity as prescribed by Section 52.00 of the
Law and said bonds and any notes issued in anticipation of said bonds shall be general obligations of the Town,
payable as to both principal and interest by general tax upon all the taxable real property within the Town. The
faith and credit of the Town are hereby irrevocably pledged to the punctual payment of the principal of and interest
on said bonds and any notes issued in anticipation of the sale of said bonds and provision shall be made annually
in the budget of the Town by appropriation for(a)the amortization and redemption of the bonds and any notes in
anticipation thereof to mature in such year and (b) the payment of interest to be due and payable in such year.
Section 5. Subject to the provisions of this resolution and of the Law and pursuant to the provisions
of Section 2 1.00 of the Law relative to the authorization of bonds with substantially level or declining annual debt
service, Section 30.00 relative to the authorization of the issuance of bond anticipation notes and Section 50.00
and Sections 56.00 to 60.00 and Section 168.00 of the Law, the powers and duties of the Town Board relative to
authorizing bond anticipation notes and prescribing the terms, form and contents and as to the sale and issuance
of the bonds herein authorized, and of any bond anticipation notes issued in anticipation of said bonds, and the
renewals of said bond anticipation notes, and as to the execution of agreements for credit enhancements, are
hereby delegated to the Supervisor, the chief fiscal officer of the Town.
Section 6. The validity of the bonds authorized by this resolution, and of any notes issued in
anticipation of the sale of said bonds, may be contested only if:
(a) such obligations are authorized for an object or purpose for which the Town is not
authorized to expend money, or
(b) the provisions of law which should be complied with at the date of publication of such
resolution, or a summary thereof, are not substantially complied with,
and an action, suit or proceeding contesting such validity is commenced within twenty days after the date of such
publication, or
(c) such obligations are authorized in violation of the provisions of the constitution.
Section 7. This bond resolution is subject to a permissive referendum and the Town Clerk is
hereby authorized and directed, within ten (10) days after the adoption of this resolution, to publish or cause to
be published, in full, in the official newspaper of the Town, having a general circulation within said Town, and
posted on the sign board of the Town maintained pursuant to the Town Law, a Notice in substantially the
following form appearing in Exhibit A hereto.
Section 8. The Town Clerk is hereby authorized and directed, after said bond resolution shall take
effect, to cause said bond resolution to be published, in summary, in the official newspaper of the Town, having
a general circulation within said Town, together with a Notice in substantially the form as provided by Section
8 1.00 of the Law.
The adoption of the foregoing resolution was duly put to a vote on roll call, which resulted as
follows:
AYES: Hon. Scott A. Russell, Supervisor
Justice Louisa p. Evans
Councilwoman Jill Doherty
Councilwoman Sarah E. Nappa
Councilman Brian O. Mealy
Councilman Greg Doroski
NOES: None
The resolution was declared adopted.
CERTIFICATE
1,Denis Noncarrow,Town Clerk of the Town of Southold,in the County of Suffolk,
State of New York, HEREBY CERTIFY that the foregoing annexed extract from the minutes of a
meeting of the Town Board of said Town of Southold duly called and held on July 5, 2023, has
been compared by me with the original minutes as officially recorded in my office in the Minute
Book of said Town Board and is a true, complete and correct copy thereof and of the whole of said
original minutes so far as the same relate to the subject matters referred to in said extract.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the corporate
seal of said Town of Southold this 5th day of July,
2023.
(SEAL)
Town Clerk
Times Review Media Group Invoice#: 7a2ccae7
The Suffolk Times Date: 07/10/2023
Bill To Customer Email
SOUTHOLD TOWN CLERK sabring.born@ town.southold.ny.us
Affidavits will be mailed or emailed (as ordered) 7 days AFTER THE
LAST INSERTION DATE.
Description Publish Date Amount
------------
PUBLIC 07/13/2023 $69.18
Affidavit(eMail) 1 $25.00
Affidavit(Mail) 0 $0.00
Total: $94.18
Please remit checks payable to: Balance:
$94.18
Times Review Media Group
PO Box 1500
Mattituck, NY 11952
The invoice number MUST be included on your check to ensure that your payment is
applied correctly.
1
LEGAL NOTICE
TOWN OF SOUTHOLD.NY
i` 1 PLEASE TAKE NOTICE that on July
5,2023,the Town Board of the
Town of Southold,in the County of
Suffolk,New York,adopted a bond
resolution entitled:
"Bond Resolution of the Town of
Southold,New York,adopted July
5,2023,authorizing the issuance of
bonds in a principal amount not to
exceed$250,000 to finance the
acquisition of stormwater control
materials and supplies and a parcel
of real property for drainage
purposes,stating the estimated
maximum cost thereof is$250,000
and appropriating said amount for
such purpose,"
an abstract of which bond
resolution concisely stating the
purpose and effect thereof,being
as follows:
FIRST: AUTHORIZING the Town of
Southold,New York to issue bonds
in a principal amount not to exceed
$250,000 pursuant to the Local
Finance Law of the State of New
York,to finance the acquisition of
stormwater control materials and
supplies at the estimated maximum
cost of$210,000 and the
acquisition of a.15 acre parcel of
real property located north of the
intersection of Sound Avenue and
Pacific Street in Mattituck NY,
known as SCTM 1000-141-4-10 at
the estimated maximum cost of
$40,000,for drainage purposes;
SECOND: STATING that the
estimated maximum cost thereof,
including preliminary costs and
costs incidental thereto and the
financing thereof,is$250,000;
appropriating said amount for such
purpose;and STATING that the
plan of financing includes the
issuance of bonds in a principal
amount not to exceed$250,000 to
finance said appropriation,and the
levy and collection of taxes on all
the taxable real property in the
Town to pay the principal of said
bonds and the interest thereon as
the same shall become due and
payable;
THIRD: DETERMINING and
STATING that the period of
probable usefulness applicable to
the object or purpose for which
said bonds are authorized to be
issued is forty(40)years;the
proceeds of said bonds and any
bond anticipation notes issued in
anticipation thereof may be applied
to reimburse the Town for
expenditures made after the
effective date of this bond
resolution for the purposes for
which said bonds are authorized;
and the proposed maturity of said
bonds will exceed five(5)years;
FOURTH: DETERMINING that said
bonds and any bond anticipation
notes issued in anticipation of said
bonds and the renewals of said
bond anticipation notes shall be
general obligations of the Town;
and PLEDGING to their payment
the faith and credit of the Town;
FIFTH: DELEGATING to the
Supervisor the powers and duties
as to the issuance of said bonds
and any bond anticipation notes
issued in anticipation of said bonds,
or the renewals thereof;and
SIXTH: STATING the conditions
under which the validity of the
bonds and any notes issued in
anticipation thereof may be
contested:and
SEVENTH: DETERMINING that the
bond resolution is subject to a
permissive referendum.
DATED:July 5,2023
Denis Noncarrow,Town Clerk
DELARELD&WOOD LLP
PHONE: 212-820-9300 7 WORLD TRADE CENTER NEW YORK
FAX: 212-514-8425 250 GREENWICH STREET WASHINGTON
NEW YORK, NY 10007 NEWARK
WWW.HAWKINS.COM HARTFORD
LOS ANGELES
SACRAMENTO
SAN FRANCISCO
PORTLAND
ANN ARBOR
(2'12) 820-9662 June 28, 2023 RALEIGH
Town of Southold,New York
$250,000 Bond Resolution for
Stormwater Supplies and Land Acquisition
(Our File Designation: 2615/46577)
Kristie Hansen-Hightower, CPA
Comptroller
Town of Southold
54375 Main Road
Southold,New York 11971
Dear Kristie:
Pursuant to the Town's request, we have prepared the attached Extract of Minutes
of a Town Board meeting to be held July 5, 2023, showing adoption of the above bond resolution.
Please note that the bond resolution is to be adopted by at least a two-thirds vote of the entire
membership of the Town Board, without taking into consideration any temporary absences or
vacancies. Therefore, four votes are required for adoption.
Exhibit A contains the form of Notice of Permissive Referendum to be published
in the official Town newspaper and posted on the sign board of the Town maintained pursuant to
subdivision 6 of§30 of the Town Law within ten (10) days after adoption of the bond resolution.
Also attached is the Affidavit of Posting to be executed by the Town Clerk. A copy of the Notice,
as posted, should be attached to this Affidavit.
Please obtain and forward to me a certified copy of the Extract of Minutes, an
executed Affidavit of Posting,and an original or copy of the Affidavit of Publication. Upon receipt
of such items, we will forward to the Town the additional documents required with respect to the
estoppel publication.
With best regards, I am
Very truly yours,
Robert P. Smith
RPS/kl
Enclosures
EXTRACT OF MINUTES
Meeting of the Town Board of the
Town of Southold, in the
County of Suffolk,New York
July 5, 2023
A meeting of the Town Board of the Town of Southold, in the County of Suffolk,
New York, was held at the Town Hall, 53095 Main Road, Southold,New York, on July 5, 2023.
There were present: Hon. Scott A. Russell, Supervisor; and
Councilpersons:
There were absent:
Also present: Denis Noncarrow, Town Clerk
offered the following resolution and moved its
adoption:
BOND RESOLUTION OF THE TOWN OF SOUTHOLD, NEW
YORK, ADOPTED JULY 5, 2023, AUTHORIZING THE
ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO
EXCEED $250,000 TO FINANCE THE ACQUISITION OF
STORMWATER CONTROL MATERIALS AND SUPPLIES
AND A PARCEL OF REAL PROPERTY FOR DRAINAGE
PURPOSES, STATING THE ESTIMATED MAXIMUM COST
THEREOF IS $250,000 AND APPROPRIATING SAID
AMOUNT FOR SUCH PURPOSE
THE TOWN BOARD OF THE TOWN OF SOUTHOLD, IN THE COUNTY OF
SUFFOLK, NEW YORK, HEREBY RESOLVES (by the favorable vote of not less than two-
thirds of all the members of said Town Board) AS FOLLOWS:
Section 1. The Town of Southold, in the County of Suffolk, New York (herein
called the "Town"), is hereby authorized to issue bonds in a principal amount not to exceed
$250,000 pursuant to the Local Finance Law, constituting Chapter 33-a of the Consolidated Laws
of the State of New York (herein called the "Law"), to finance the acquisition of stormwater
control materials and supplies at the estimated maximum cost of$210,000 and the acquisition of
a .15 acre parcel of real property located north of the intersection of Sound Avenue and Pacific
Street in Mattituck NY, known as SCTM 1000-141-4-10 at the estimated maximum cost of
$40,000, for drainage purposes.
Section 2. The aggregate estimated maximum cost thereof, including preliminary
costs and costs incidental thereto and the financing thereof, is$250,000 and said amount is hereby
appropriated for such purpose. The plan of financing includes the issuance of bonds in a principal
amount not to exceed $250,000 to finance said appropriation, the levy and collection of taxes on
all the taxable real property in the Town to pay the principal of said bonds and the interest thereon
as the same shall become due and payable.
Section 3. The following,additional matters are hereby determined and declared:
,(a) The period of probable usefulness applicable to the object or purpose for which
said bonds are authorized to be issued, within the limitations of Section 11.00 a. 4 of the Law, is
forty (40)years.
(b) The proceeds of the bonds herein authorized and any bond anticipation notes
issued in anticipation of said bonds may be applied to reimburse the Town for expenditures made
after the effective date of this resolution for the purpose for which said bonds are authorized. The
foregoing statement of intent with respect to reimbursement is made in conformity with Treasury
Regulation Section 1.150-2 of the United States Treasury Department.
(c) The proposed maturity of the bonds authorized by this resolution will exceed
five (5)years.
Section 4. Each of the bonds authorized by this resolution and any bond
anticipation notes issued in anticipation of the sale of said bonds shall contain the recital of validity
as prescribed by Section 52.00 of the Law and said bonds and any notes issued in anticipation of
said bonds shall be general obligations of the Town, payable as to both principal and interest by
general tax upon all the taxable real property within the Town. The faith and credit of the Town
are hereby irrevocably pledged to the punctual payment of the principal of and interest on said
bonds and any notes issued in anticipation of the sale of said bonds and provision shall be made
annually in the budget of the Town by appropriation for (a) the amortization and redemption of
the bonds and any notes in anticipation thereof to mature in such year and (b) the payment of
interest to be due and payable in such year.
Section 5. Subject to the provisions of this resolution and of the Law and pursuant
to the provisions of Section 21.00 of the Law relative to the authorization of bonds with
substantially level or declining annual debt service, Section 30.00 relative to the authorization of
the issuance of bond anticipation notes and Section 50.00 and Sections 56.00 to 60.00 and Section
168.00 of the Law, the powers and duties of the Town Board relative to authorizing bond
anticipation notes and prescribing the terms, form and contents and as to the sale and issuance of
the bonds herein authorized, and of any bond anticipation notes issued in anticipation of said
bonds, and the renewals of said bond anticipation notes, and as to the execution of agreements for
credit enhancements, are hereby delegated to the Supervisor, the chief fiscal officer of the Town.
Section 6. The validity of the bonds authorized by this resolution, and of any notes
issued in anticipation of the sale of said bonds, may be contested only if:
(a) such obligations are authorized for an object or purpose for which the Town
is not authorized to expend money, or
(b) the provisions of law which should be complied with at the date of
publication of such resolution, or a summary thereof, are not substantially
complied with,
and an action, suit or proceeding contesting such validity is commenced within twenty days after
the date of such publication, or
(c) such obligations are authorized in violation of the provisions of the
constitution.
Section 7. This bond resolution is subject to a permissive referendum and the Town
Clerk is hereby authorized and directed, within ten (10) days after the adoption of this resolution,
to publish or cause to be published, in full, in the official newspaper of the Town, having a general
circulation within said Town, and posted on the sign board of the Town maintained pursuant to
the Town Law, a Notice in substantially the following form appearing in Exhibit A hereto.
Section 8. The Town Clerk is hereby authorized and directed, after said bond
resolution shall take effect, to cause said bond resolution to be published, in summary, in the
official newspaper of the Town, having a general circulation within said Town, together with a
Notice in substantially the form as provided by Section 81.00 of the Law.
The adoption of the foregoing resolution was duly put to a vote on roll call, which
resulted as follows:
AYES:
NOES:
The resolution was declared adopted.
EXHIBIT A
(Below is the Notice for Publication and Posting)
TOWN OF SOUTHOLD,NEW YORK
PLEASE TAKE NOTICE that on July 5, 2023,the Town Board of the Town of Southold,
in the County of Suffolk,New York, adopted a bond resolution entitled:
"Bond Resolution of the Town of Southold,New York, adopted July
5, 2023, authorizing the issuance of bonds in a principal amount not
to exceed $250,000 to finance the acquisition of stormwater control
materials and supplies and a parcel of real property for drainage
purposes,stating the estimated maximum cost thereof is$250,000 and
appropriating said amount for such purpose,"
an abstract of which bond resolution concisely stating the purpose and effect thereof, being as follows:
FIRST: AUTHORIZING the Town of Southold, New York to issue bonds in a principal
amount not to exceed$250,000 pursuant to the Local Finance Law of the State of New York,to finance the
acquisition of stormwater control materials and supplies at the estimated maximum cost of$210,000 and
the acquisition of a .15 acre parcel of real property located north of the intersection of Sound Avenue and
Pacific Street in Mattituck NY,known as SCTM 1000-141-4-10 at the estimated maximum cost of$40,000,
for drainage purposes;
SECOND: STATING that the estimated maximum cost thereof, including preliminary
costs and costs incidental thereto and the financing thereof, is $250,000; appropriating said amount for
such purpose;and STATING that the plan of financing includes the issuance of bonds in a principal amount
not to exceed$250,000 to finance said appropriation,and the levy and collection of taxes on all the taxable
real property in the Town to pay the principal of said bonds and the interest thereon as the same shall
become due and payable;
THIRD: DETERMINING and STATING that the period of probable usefulness applicable
to the object or purpose for which said bonds are authorized to be issued is forty (40) years; the proceeds
of said bonds and any bond anticipation notes issued in anticipation thereof may be applied to reimburse
the Town for expenditures made after the effective date of this bond resolution for the purposes for which
said bonds are authorized; and the proposed maturity of said bonds will exceed five(5)years;
FOURTH: DETERMINING that said bonds and any bond anticipation notes issued in
anticipation of said bonds and the renewals of said bond anticipation notes shall be general obligations of
the Town; and PLEDGING to their payment the faith and credit of the Town;
FIFTH: DELEGATING to the Supervisor the powers and duties as to the issuance of said
bonds and any bond anticipation notes issued in anticipation of said bonds, or the renewals thereof; and
SIXTH: STATING the conditions under which the validity of the bonds and any notes
issued in anticipation thereof may be contested: and
SEVENTH: DETERMINING that the bond resolution is subject to a permissive
referendum.
DATED: July 5,2023
Denis Noncarrow
Town Clerk
CERTIFICATE
I,Denis Noncarrow,Town Clerk of the Town of Southold,in the County of Suffolk,
State of New York, HEREBY CERTIFY that the foregoing annexed extract from the minutes of a
meeting of the Town Board of said Town of Southold duly called and held on July 5, 2023, has
been compared by me with the original minutes as officially recorded in my office in the Minute
Book of said Town Board and is a true, complete and correct copy thereof and of the whole of said
original minutes so far as the same relate to the subject matters referred to in said extract.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the corporate
seal of said Town of Southold this 5th day of July,
2023.
(SEAL)
Town Clerk
AFFIDAVIT OF POSTING
STATE OF NEW YORK )
:ss:
COUNTY OF SUFFOLK )
DENIS NONCARROW, being duly sworn, deposes and says:
That he is and at all times hereinafter mentioned he was the duly qualified and
acting Town Clerk of the Town of Southold, State of New York;
That on , 2023, he has caused to be conspicuously posted
and fastened up a Notice setting forth an abstract of the bond resolution duly adopted by the Town
Board on July 5,2023,a copy of which is annexed hereto and made a part hereof, on the sign board
of the Town maintained pursuant to the Town Law.
Town Clerk
Subscribed and sworn to before me
this day of July, 2023.
Notary Public, State of New York