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HomeMy WebLinkAboutHighway Storage Barn v' LEGAL NOTICE The resolution, a summary of which is published herewith, has been adopted on the 4th day of June,2024,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 JUNE 4, 2024, AUTHORIZING THE ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO EXCEED $1,800,000 TO FINANCE THE CONSTRUCTION OF A NEW HIGHWAY STORAGE BARN, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $1,800,000 AND APPROPRIATING SAID AMOUNT FOR SUCH PURPOSE The object or purpose for which the bonds are authorized is the construction of a new highway storage barn at the estimated maximum cost of$1,800,000. The maximum amount of obligations authorized to be issued is $1,800,000. The period of probable usefulness is twenty-five (25)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. b0e4dc81 lynda.rudder@town.southold.ny.us AFFIDAVIT OF PUBLICATION The Suffolk Times State of New York, County of,Suffolk County, 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: 07/11/2024 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. ell A'giz' Signature Christina Henke Rea Printed Name Subscribed and sworn to before me, This 12 day of July 2024 Digitally signed DOU7County by douglas w rea Notary PublicYork Date: 2024.07.12 NO.O 13:08:02 +00:00 Qualified yMy Commission ,2027 LEGAL NOTICE The resolution, a summary of which is published herewith, has been adopted on the 4th day of June, 2024, 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 JUNE 4, 2024, AUTHORIZING THE ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO EXCEED $1,800,000 TO FINANCE THE CONSTRUCTION OF A NEW HIGHWAY STORAGE BARN, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $1,800,000 AND APPROPRIATING SAID AMOUNT FOR SUCH PURPOSE The object or purpose for which the bonds are authorized is the construction of a new highway storage barn at the estimated maximum cost of$1,800,000. The maximum amount of obligations authorized to be issued is $1,800,000. The period of probable usefulness is twenty-five (25) 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. Invoice rM IEW MEDIA GROUP Invoice number C5894AD6-0029 Date of issue July 2, 2024 Date due July 10, 2024 Check payable to: Times Review Media Group Suffolk Times Bill to 7555 Main Road lynda.rudder@town.southold.ny.us PO Box 1500 Mattituck, New York 11952 United States +1631-298-3200 Ibazata@timesreview.com $69.85 USD due July 10, 2024 Pay online Confirmation Id: b0e4dc81 Description Qty Unit price Amount Publication date:07/11/2024 1 $44.85 $44.85 QAC Affidavit 1 $25.00 $25.00 Subtotal ^ $69.85 Total $69.85 Amount due $69.85 USD C5894AD6-0029 $69.85 USD due July 10,2024 Page 1 of 2 Check payable to:Times Review Media Group Click this link for Ad copy: https://gacmainstorage.blob.core.windows.net/notices/NY/The_Suffolk-Times/Suffolk-County/Publicnotice_bOe4dc8l.pdf Ad Text: LEGAL NOTICE The resolution, a summary of which is published herewith, has been adopted on the 4th day of June, 2024, 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 JUNE 4, 2024, AUTHORIZING THE ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO EXCEED$1,800,000 TO FINANCE THE CONSTRUCTION OF A NEW HIGHWAY STORAGE BARN, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $1,800,000 AND APPROPRIATING SAID AMOUNT FOR SUCH PURPOSE The object or purpose for which the bonds are authorized is the construction of a new highway storage barn at the estimated maximum cost of$1,800,000. The maximum amount of obligations authorized to be issued is$1,800,000. The period of probable usefulness is twenty-five (25) years. A complete copy of the Bond Resolution summarized above shall be available for public inspection during normal busine C5894AD6-0029•$69.85 USD due July 10,2024 Page 2 of 2 LEGAL NOTICE The resolution, a summary of which is published herewith, has been adopted on the 4th day of June, 2024, 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 JUNE 4, 2024, AUTHORIZING THE ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO EXCEED $1,800,000 TO FINANCE THE CONSTRUCTION OF A NEW HIGHWAY STORAGE BARN, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $1,800,000 AND APPROPRIATING SAID AMOUNT FOR SUCH PURPOSE The object or purpose for which the bonds are authorized is the construction of a new highway storage barn at the estimated maximum cost of$1,800,000. The maximum amount of obligations authorized to be issued is $1,800,000. The period of probable usefulness is twenty-five (25) 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. aeaa26fb sabrina.born@town.southold.ny.us AFFIDAVIT OF PUBLICATION The Suffolk Times State of New York, County of,Suffolk County, 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: 06/13/2024 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 15 day of July 2024 Digitally signed FMARYTHALESCIOWALLINGby Mary Beth blic-State of New YorkAlescio Walling .OiWA0003427 Date: 2024.07.15 d in Saratoga County 15:09:08 +00:00 My Commission Expires Mar 23,2027 LEGAL NOTICE TOWN OF SOUTHOLD.NEW YORK PLEASE TAKE NOTICE that on June 4,2024,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 June 4,2024,authorizing the issuance of bonds in a principal amount not to exceed$1,800,000 to finance the construction of a new highway storage barn,stating the estimated maximum cost thereof is $1,800,000 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 $1,800,000 pursuant to the Local Finance Law of the State of New York,to finance the construction of a new highway storage bam; SECOND: STATING that the estimated maximum cost thereof, including preliminary costs and costs incidental thereto and the financing thereof,Is$1,800,000; 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$1,800,000 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 twenty-five(25)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:June 4,2024 Denis Noncarrow Town Clerk DENIS NONCARROW ��� �.� Town Hall,53095 Main Road TOWN CLERK ® P.O.Box 1179 Southold,New York 11971 REGISTRAR OF VITAL STATISTICS ® Fax(631)765-6145 MARRIAGE OFFICER Telephone(631)765-1800 RECORDS MANAGEMENT OFFICER ®� www.southoldtownny.gov FREEDOM OF INFORMATION OFFICER OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD July 2, 2024 EI 011 987 704 US Town of Southold,New York $1,800,000 Bond Resolution for Highway Storage Barn (Our File Designation: 2615/47373) 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 was posted on Town Clerk bulletin Board 3. Affidavit of Posting 4. Copy of Legal Notice that will appear in the July 11, 2024 Suffolk Times I will forward the affidavit of publication as soon as I receive it. Please let me know if there are any other documents you need from this office at this time. Very truly yours, r Sabrina M. Born Deputy Town Clerk encs i CERTIFICATE OF NO REFERENDUM I, 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: i "Bond Resolution of the Town of Southold, New York, adopted June 4, 2024, authorizing the issuance of bonds in a principal amount not to exceed $1,800,000 to finance the construction of a new highway storage barn, stating the, estimated maximum,cost thereof is $1,800,000 and appropriating said amount for such purpose," was adopted June 4, 2024, 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 hereunto set my harjd. and affixed the corporate ea of said Town his 2nd day of July, 2024. (SEAL) Town Clerk I J NOTICE The resolution, a summary of which is published herewith, has been adopted on the 4th day of June,2024,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 JUNE 4, 2024, AUTHORIZING THE ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO EXCEED $1,800,000 TO FINANCE THE CONSTRUCTION OF A NEW HIGHWAY STORAGE BARN, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $1,800,000 AND APPROPRIATING SAID AMOUNT FOR SUCH PURPOSE The object or purpose for which the bonds are authorized is the construction of a new highway storage barn at the estimated maximum cost of$1,800,000. The maximum amount of obligations authorized to be issued is $1,800,000. The period of probable usefulness is twenty-five (25)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 2°d day of July , 2024, 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 . Summary of Bond for Highway Barn &isrow Southold Town Clerk Sworn before me this 2nd a:;rnZc0---, ul 2024. A I Notary Public LYNDA M. RUDDER Notary Public, State of New.York. No.01 RU60209327 ' Qualified in Suffolk County Commission Expires March 8,,2020 LLIA/-lL IYV I IVL The resolution, a summary of which 4 is published herewith, has'been adopted on the 4th day of June, 2024, 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 JUNE 4, 2024, AUTHORIZING THE ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO EXCEED $1,800,000 TO FINANCE THE CONSTRUCTION OF A NEW HIGHWAY STORAGE BARN, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $1,800,000 AND APPROPRIATING SAID AMOUNT FOR SUCH PURPOSE The object or purpose for which the bonds are authorized is the construction of a new highway storage barn at the estimated maximum cost of$1,800,000. The maximum amount of obligations authorized to be issued is$1,800,000. The period of probable usefulness is twenty-five (25)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, 1 . KINS HAWKINS DELAFIELD dt WOOD LLP 7 WORLD TRADE CENTER,250 GREENWICH STREET;NEW YORK,NEW,YORK 10007 (212) 820-9300 1 HAWKINS.COM (212) 820-9662 July 1, 2024 Town of Southold,New York $1,800,000 Bond Resolution Highway Barn (Our File Designation: 2615/47373) Michelle Nickonovitz Town Comptroller Town of Southold 54375 Main Road Southold,New York 11971 Dear Michelle: The bond resolution authorizing the above bonds takes effect thirty (30) days after its adoption and is to be published, in summary, in the official newspaper together with a statutory form of notice thereby commencing a 20-day statute of limitations period pursuant to the provisions of Section 80.00 et seq. of the Local Finance Law. With reference thereto, I have prepared and enclose herewith the following: (a) Certificate of No Referendum (b) Summary of the bond resolution with the prescribed form of Clerk's statutory notice affixed in readiness for publication. Please do not hesitate to call if you have any questions regarding the enclosed documents. Kindly send me an executed copy of the Certificate of No Referendum and an original Affidavit of Publication, when available. With best regards, I am Very truly yours, Robert P. Smith RPS/ml Enclosures FOUNDED 18S4 CALIFORNIA CONNECTICUT DISTRICT OF COLUMBIA MICHIGAN NEW JERSEY NEW YORK NORTH CAROLINA OREGON CERTIFICATE OF NO REFERENDUM I, 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: I "Bond Resolution of the Town of Southold, New York, adopted June 4, 2024, authorizing the issuance of bonds in a principal amount not to exceed $1.,800,000 to finance the construction of a new highway storage barn, stating the estimated maximum cost thereof is $1,800,000 and appropriating said amount for such purpose," was adopted June 4, 2024, 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 hereunto set my hand and affixed the corporate seal of said Town this day of July, 2024. (SEAL) Town Clerk NOTICE The resolution, a summary of which is published herewith, has been adopted on the 4th day of June,2024,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 JUNE 4, 2024, AUTHORIZING THE ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO EXCEED $1,800,000 TO FINANCE THE CONSTRUCTION OF A NEW HIGHWAY STORAGE BARN, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $1,800,000 AND APPROPRIATING SAID AMOUNT FOR SUCH PURPOSE The object or purpose for which the bonds are authorized is the construction of a new highway storage barn at the estimated maximum cost of$1,800,000. The maximum amount of obligations authorized to be issued is $1,800,000. The period of probable usefulness is twenty-five (25)years. A complete copy of the Bond Resolution summarized above shall be available for public inspection during normal business hours at the office of the Town Clerk, at the Town Hall, 53095 Main Street, Southold,New York. DENIS NONCARROW �� G.f,� Town Hall,53095 Main Road TOWN CLERK p P.O.Box 1179 H Z Southold,New York 11971 REGISTRAR OF VITAL STATISTICS O Fax(631)765-6145 MARRIAGE OFFICER A RECORDS MANAGEMENT OFFICER ,( ��� Telephone oldt 76n .gov FREEDOM OF INFORMATION OFFICER www.southoldtownny.gov OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD c June 10, 2024 El 0l 1 �$ J Town of Southold,New York $1,800,000 Bond Resolution for Highway Storage Barn (Our File Designation: 2615/47373) 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. Adopted Bond Resolution 2. Extract of Minutes 3. Certification of Minutes 4. Legal Notice to be published in the Suffolk Times and Town Clerk Bulletin Board 5. Affidavit of Posting I will forward the affidavit of publication as soon as 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 Deputy Town Clerk encs Invoice rM' MEDIA GROUP Invoice number DECO2879-0009 Date of issue June 7,2024 Date due June 12,2024 Check payable to: Times Review Media Group Suffolk Times Bill to 7555 Main Road sabrina.born@town.southold.ny.us PO Box 1500 Mattituck, New York 11952 United States +1631-298-3200 Ibazata@timesreview.com $91.30 USD due June 12, 2024 Pay online Confirmation Id:aeaa26fb Description Qty Unit price Amount Publication date:06/13/2024 1 $66.30 $66.30 QAC Affidavit 1 $25.00 $25.00 Subtotal $91.30 Total $91.30 Amount due $91.30 USD DECO2879-0009•$91.30 USD due June 12,2024 Page 1 of 2 Check payable to:Times Review Media Group Click this link for Ad copy: https://gacmainstorage.blob.core.windows.net/notices/NY/The_Suffolk—Times/Suffolk-County/Publicnotice_aeaa26fb.pdf Ad Text: LEGAL NOTICE TOWN OF SOUTHOLD, NEW YORK PLEASE TAKE NOTICE that on June 4, 2024,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 June 4, 2024, authorizing the issuance of bonds in a principal amount not to exceed$1,800,000 to finance the construction of a new highway storage barn,stating the estimated maximum cost thereof is $1,800,000 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 $1,800,000 pursuant to the Local Finance Law of the State of New York,to finance the construction of a new highway storage barn;SECOND STATING that the estimated maximum cost thereof, including preliminary costs and costs incidental thereto and the financing thereof,is$1,800,000; 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 $1,800,000 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 twenty-five (25) 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 effect DECO2879-0009•$91.30 USD due June 12,2024 Page 2 of 2 LEGAL NOTICE TOWN OF SOUTHOLD.NEW YORK PLEASE TAKE NOTICE that on June 4,2024,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 June 4,2024,authorizing the issuance of bonds in a principal amount not to exceed$1,800,000 to finance the construction of a new highway storage barn,stating the estimated maximum cost thereof is $1,800,000 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 $1,800,000 pursuant to the Local Finance Law of the State of New York,to finance the construction of a new highway storage barn; SECOND: STATING that the estimated maximum cost thereof, including preliminary costs and costs incidental thereto and the financing thereof,is$1,800,000; 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$1,800,000 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 twenty-five(25)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:June 4,2024 Denis Noncarrow Town Clerk LEGAL NOTICE TOWN OF SOUTHOLD.NEW YORK PLEASE TAKE NOTICE that on June 4,2024,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 June 4,2024,authorizing the issuance of bonds in a principal amount not to exceed$1,800,000 to finance the construction of a new highway storage barn,stating the estimated maximum cost thereof is $1,800,000 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 $1,800,000 pursuant to the Local Finance Law of the State of New York,to finance the construction of a new highway storage barn; SECOND: STATING that the estimated maximum cost thereof, including preliminary costs and costs incidental thereto and the financing thereof,is$1,800,000; 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$1,800,000 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 twenty-five(25)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:June 4,2024 Denis Noncarrow Town Clerk LEGAL NOTICE TOWN OF SOUTHOLD,NEW YORK PLEASE TAKE NOTICE that on June 4, 2024, 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 June 4, 2024, authorizing the issuance of bonds in a principal amount not to exceed $1,800,000 to finance the construction of a new highway storage barn, stating the estimated maximum cost thereof is $1,800,000 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 $1,800,000 pursuant to the Local Finance Law of the State of New York, to finance the construction of_a new highway storage barn; SECOND: STATING that the estimated maximum cost thereof, including preliminary costs and costs incidental thereto and the financing thereof, is $1,800,000; 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 $1,800,000 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 twenty-five(25)-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: June 4, 2024 Denis Noncarrow Town Clerk r 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 June 7, 2024, 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 June 4, 2024, 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. Cler Subscribed and sworn to before me this 10th day of June, 2024. Notary Public, State of New York . SABRINA M BORN Notary Public,State of New York No.01 B0631 7038,Suffolk Coup v 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 June 4, 2024 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 June 4, 2024. There were present: Hon. Albert J. Krupski, Jr., Supervisor; and Councilpersons: Justice Louisa P. Evans Councilwoman Anne H. Smith Councilman Brian O. Mealy Councilman Greg Doroski Councilwoman Jill Doherty There were absent: None Also present: Paul DeChance, Town Attorney Denis Noncarrow, Town Clerk Councilwoman Anne H. Smith offered the following resolution and moved its adoption: BOND RESOLUTION OF THE TOWN OF SOUTHOLD, NEW YORK, ADOPTED JUNE 4, 2024, AUTHORIZING THE ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO EXCEED $1,800,000 TO FINANCE THE CONSTRUCTION OF A NEW HIGHWAY STORAGE BARN, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $1,800,000 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$1,800,000 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 construction of a new highway storage barn. Section 2. The estimated maximum cost thereof, including preliminary costs and costs incidental thereto and the financing thereof, is $1,800,000 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 $1,800,000 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. 11 (b) of the Law, is twenty-five (25)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 seconded by Councilman Brian O. Mealy and duly put to a vote on roll call, which resulted as follows: AYES: Albert J. Krupski, Jr., Supervisor Justice Louisa P. Evans Councilwoman Anne H. Smith Councilman Brian O. Mealy Councilman Greg Doroski Councilwoman Jill Doherty NOES: None The resolution was declared adopted. 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 June 4, 2024, 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 To of Southold this 4th day of June, 2024. (SEAL) own Clerk 1 Southold Town Board -Letter Board Meeting of June 4, 2024 ��UFFQ(,Fa RESOLUTION 2024-478 Item# 5.4 ADOPTED DOC ID: 20294 THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 2024-478 WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON JUNE 4, 2024: BOND RESOLUTION OF THE TOWN OF SOUTHOLD,NEW YORK, ADOPTED JUNE 4, 2024, AUTHORIZING THE ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO EXCEED $1,800,000 TO FINANCE THE CONSTRUCTION OF A NEW HIGHWAY STORAGE BARN, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $1,800,000 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$1,800,000 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 construction of a new highway storage barn. Section 2. The estimated maximum cost thereof, including preliminary costs and costs incidental thereto and the financing thereof, is $1,800,000 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 $1,800,000 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. 11 (b) of the Law, is twenty-five (25)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. f Generated June 6, 2024 Page 22 Southold Town Board- Letter Board Meeting of June 4, 2024 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 8 1.00 of the Law. EXHIBIT A (Below is the Notice for Publication and Posting) TOWN OF SOUTHOLD,NEW YORK Generated June 6, 2024 Page 23 Southold Town Board-Letter Board Meeting of June 4, 2024 PLEASE TAKE NOTICE that on June 4, 2024, 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 June 4, 2024, authorizing the issuance of bonds in a principal amount not to exceed$1,800,000 to finance the construction of a new highway storage barn, stating the estimated maximum cost thereof is $1,800,000 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 $1,800,000 pursuant to the Local Finance Law of the State of New York,to finance the construction of a new highway storage barn; SECOND: STATING that the estimated maximum cost thereof, including preliminary costs and costs incidental thereto and the financing thereof, is $1,800,000; 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 $1,800,000 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 twenty-five (25) 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: June 4, 2024 Denis Noncarrow, Town Clerk Generated June 6, 2024 Page 24 Southold Town Board-Letter Board Meeting of June 4, 2024 Denis Nonearrow Southold Town Clerk RESULT: ADOPTED [UNANIMOUS] MOVER: Anne H. Smith, Councilwoman SECONDER:Brian O. Mealy, Councilman AYES: Doroski, Mealy, Smith, Krupski Jr, Doherty, Evans Generated June 6, 2024 Page 25 } 14AWKINS DELAFIELD&WOOD LLP 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK,NEW YORK 10007 (212) 820-9300 1 HAWKINS.COM (212) 820-9662 May 24, 2024 Town of Southold,New York $1,800,000 Bond Resolution for Highway Storage Barn (Our File Designation: 2615/47373) Michelle Nickonovitz Town Comptroller Town of Southold 54375 Main Road Southold,New York 11971 Dear Michelle: Pursuant to the your request, we have prepared the attached Extract of Minutes of a Town Board meeting to be held June 4, 2024, 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/ml Enclosures FOUNDED1854 CALIFORNIA CONNECTICUT DISTRICT OF COLUMBIA MICHIGAN NEW JERSEY NEW YORK NORTH CAROLINA OREGON EXTRACT OF MINUTES Meeting of the Town Board of the Town of Southold, in the County of Suffolk,New York June 4, 2024 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 June 4, 2024. There were present: Hon. Albert J. Krupski, Jr., 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 JUNE 4, 2024, AUTHORIZING THE ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO EXCEED $1,800,000 TO FINANCE THE CONSTRUCTION OF A NEW HIGHWAY STORAGE BARN, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $1,800,000 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 $1,800,000 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 construction of a new highway storage barn. Section 2. The estimated maximum cost thereof, including preliminary costs and costs incidental thereto and the financing thereof, is $1,800,000 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$1,800,000 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. 11 (b) of the Law, is twenty-five (25) 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 June 4, 2024,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 June 4, 2024, authorizing the issuance of bonds in a principal amount not to exceed $1,800,000 to finance the construction of a new highway storage barn, stating the estimated maximum cost thereof is $1,800,000 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 $1,800,000 pursuant to the Local Finance Law of the State of New York,to finance the construction of a new highway storage barn; SECOND: STATING that the estimated maximum cost thereof, including preliminary costs and costs incidental thereto and the 'financing thereof, is $1,800,000; 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$1,800,000 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 twenty-five (25) 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: June 4, 2024 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 June 4, 2024, 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 4th day of June, 2024. (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 , 2024, 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 June 4, 2024, 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 June, 2024. Notary Public, State of New York i