HomeMy WebLinkAboutFishers Island Sidewalk -
DENIS NONCARROW �� G.j, Town Hall,53095 Main Road
TOWN CLERK p= P.O.Box 1179
ti Z Southold,New York 11971
REGISTRAR OF VITAL STATISTICS `'$ .1l` Fax(631)765-6145
MARRIAGE OFFICER y
RECORDS MANAGEMENT OFFICER Telephone(631)765-1800
FREEDOM OF INFORMATION OFFICER www.southoldtownny.gov
OFFICE OF THE TOWN CLERK
TOWN OF SOUTHOLD
September 20, 2024
EE 3So 077 535 L6
Town of Southold,New York
$250,000 Bond Resolution for Fishers Island Sidewalk Improvements
(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. Affidavit of Publication in the Suffolk Times September 12th, 2024 edition.
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
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:
"Bond Resolution of the Town of Southold, New York, adopted
August 7, 2024, authorizing the issuance of bonds in a principal
amount not to exceed $250,000 to finance the construction of
sidewalk improvement on Fishers Island, stating the estimated
maximum cost thereof is $250,000 and appropriating said amount
for such purpose,"
was adopted August 7, 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 et my hand and affixed the
corporate sea of id Town his 20t' day of
September, 24.
(SEAL) V Town erk
4fb98629 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:
09/12/2024
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
1
Subscribed and sworn to before me,
This 20 day of September 2024
M�I`
Digitally signed DOUGLAS W REA
by doug las w rea Notary Public-State of New York
Date: 2024.09.20 NO,OIRE6398443
15:51:44 +00:00 Qualified in Albany County
My Commission Expires Sep 30,2027
LEGAL NOTICE
The resolution, a summary of which
is published herewith, has been
adopted on the 7th day of August,
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 AUGUST 7,
2024,AUTHORIZING THE
ISSUANCE OF BONDS IN A
PRINCIPAL AMOUNT NOT TO
EXCEED$250,000 TO FINANCE
THE CONSTRUCTION OF
SIDEWALK IMPROVEMENT ON
FISHERS ISLAND, 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
construction of sidewalk
improvement on Fishers Island at
the estimated maximum cost of
$250,000.
The maximum amount of
obligations authorized to be issued
is$250,000.
The period of probable usefulness
is ten(10)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 �MES
REVIEW
MEDIA GROUP
Invoice number DECO2879-0014
Date of issue September 3, 2024
Date due September 11,2024
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
$76.98 USD due September 11, 2024
Pay online
Confirmation Id:4fb98629
Description Qty Unit price Amount
Publication date:09/12/2024 1 $51.98 $51.98
....... —. ._........... _ _.
QAC Affidavit 1 $25.00 $25.00
Subtotal __... $76.98
Total~ ___.. $76.98
Amount due $76.98 USD
DECO2879-0014•$76.98 USD due September 11,2024 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_4fb98629.pdf
Ad Text:
LEGAL NOTICE The resolution,a summary of which is published herewith, has been adopted on the 7th day of August, 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 AUGUST 7, 2024,
AUTHORIZING THE ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO EXCEED$250,000 TO FINANCE THE
CONSTRUCTION OF SIDEWALK IMPROVEMENT ON FISHERS ISLAND,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 construction of sidewalk improvement on Fishers Island at the estimated maximum cost of $250,000. The
maximum amount of obligations authorized to be issued is$250,000. The period of probable usefulness is ten (10) years. A
complete copy of the Bond Resolution summarized above shall be available for public inspection d
DECO2879-0014•$76.98 USD due September 11,2024 Page 2 of 2
LEGAL NOTICE
The resolution,a summary of which
is published herewith, has been
adopted on the 7th day of August,
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 AUGUST 7,
2024,AUTHORIZING THE
ISSUANCE OF BONDS IN A
PRINCIPAL AMOUNT NOT TO
EXCEED$250,000 TO FINANCE
THE CONSTRUCTION OF
SIDEWALK IMPROVEMENT ON
FISHERS ISLAND,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
construction of sidewalk
improvement on Fishers Island at
the estimated maximum cost of
$250,000.
The maximum amount of
obligations authorized to be issued
is$250,000.
The period of probable usefulness
is ten(10)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.
LEGAL NOTICE
The resolution, a summary of which
is published herewith, has been
adopted on the 7th day of August,
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 AUGUST 7,
2024,AUTHORIZING THE
ISSUANCE OF BONDS IN A
PRINCIPAL AMOUNT NOT TO
EXCEED$250,000 TO FINANCE
THE CONSTRUCTION OF
SIDEWALK IMPROVEMENT ON
FISHERS ISLAND, 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
construction of sidewalk
improvement on Fishers Island at
the estimated maximum cost of
$250,000.
The maximum amount of
obligations authorized to be issued
is$250,000.
The period of probable usefulness
is ten (10)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.
LEGAL NOTICE
The resolution, a summary of which is published herewith, has been adopted on the 7th day of
August, 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 AUGUST 7, 2024, AUTHORIZING THE
ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO
EXCEED $250,000 TO FINANCE THE CONSTRUCTION OF
SIDEWALK IMPROVEMENT ON FISHERS ISLAND, 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 construction of sidewalk
improvement on Fishers Island at the estimated maximum cost of$250,000.
The maximum amount of obligations authorized to be issued is $250,000.
The period of probable usefulness is ten(10)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.
LEGAL NOTICE
The resolution, a summary of which is published herewith, has been adopted on the 7th day of
August, 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 AUGUST 7, 2024, AUTHORIZING THE
ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO
EXCEED $250,000 TO FINANCE THE CONSTRUCTION OF
SIDEWALK IMPROVEMENT ON FISHERS ISLAND, 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 construction of sidewalk
improvement on Fishers Island at the estimated maximum cost of$250,000.
The maximum amount of obligations authorized to be issued is $250,000.
The period of probable usefulness is ten(10)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.
x I .a
HAWKINS DELAFIELD &WOOD LLP
7 WORLD TRADE CENTER,250 GREENWICH STREET, NEW YORK,,NEW YORK 10007
(212) 820-9300 1 HAWKINS.COM
(212) 820-9662 September 3, 2024
Town of Southold,New York
$250,000 Bond Resolution Sidewalk Improvements
(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 1864
CALIFORNIA CONNECTICUT DISTRICT OF COLUMBIA MI'CHIGAN
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:
"Bond Resolution of the Town of Southold, New York, adopted
August 7, 2024, authorizing the issuance of bonds in a principal
amount not to exceed $250,000 to finance the construction of
sidewalk improvement on Fishers Island, stating the estimated
maximum cost thereof is $250,000 and appropriating said amount
for such purpose,"
was adopted August 7,2024, 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
September, 2024.
(SEAL) Town Clerk
NOTICE
The resolution, a summary of which is published herewith, has been adopted on the 7th day of
August, 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 AUGUST 7, 2024, AUTHORIZING THE
ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO
EXCEED $250,000 TO FINANCE THE CONSTRUCTION OF
SIDEWALK IMPROVEMENT ON FISHERS ISLAND, 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 construction of sidewalk
improvement on Fishers Island at the estimated maximum cost of$250,000.
The maximum amount of obligations authorized to be issued is $250,000.
The period of probable usefulness is ten(10)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.
..r
®�,�4,suf'Fat Ir4®
DENIS NONCARROW V� Town Hall,53095 Main Road
�
TOWN CLERK ® P.O.Box 1179
Southold,New York 11971
REGISTRAR OF VITAL STATISTICS 1 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
'August 16, 2024
Town of Southold,New York
$250,000 Bond Resolution for Fishers Island Sidewalk Improvements
(Our File Designation: 2615/47373)
Mr. Robert P. Smith
Hawkins, Delafield & Wood
7 World Trade Center
250 Greenwich Street, 41St Floor
New York,NY 10007
Dear Mr. Smith:
Enclosed find the following documentation for the above referenced bond:
1. Affidavit of Publication in the Suffolk Times August 15th, 2024 edition.
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
6368e08b 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:
08/15/2024
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 16 day of August 2024
Digitally signed DOUGLASWREA
by douglas w rea Notary Public-State of New York
Date: 2024.08.16 NO.OIRE6398443
14:54:57 +00:00 Qualified in Albany County
My Commission Expires Sep 30,2027
LEGAL NOTICE
J TOWN OF SOUTHOLD,NY
PLEASE TAKE NOTICE that on
August 7,2024,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
August 7,2024,authorizing the
issuance of bonds in a principal
amount not to exceed$250,000 to
finance the construction of sidewalk
improvement on Fishers Island,
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 construction of
sidewalk improvement on Fishers
Island;
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 ten(10)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:August 7,2024
Denis Noncarrow,Town Clerk
DENIS NONCARROW o~� Gy� Town Hall,53095 Main Road
TOWN CLERK P.O.Box 1179
co 2 Southold,New York 11971
REGISTRAR OF VITAL STATISTICS p .� Fax(631)765-6145
MARRIAGE OFFICER y
RECORDS MANAGEMENT OFFICER ��,( .��� Telephone oldt nny.gov
FREEDOM OF INFORMATION OFFICER www.southoldtownny.gov
OFFICE OF THE TOWN CLERK
TOWN OF SOUTHOLD
August 9, 2024
L oil qS9 5q9 UL5
Town of Southold,New York
$250,000 Bond Resolution for Fishers Island Sidewalk Improvements
(Our File Designation: 2615/47373)
Mr. Robert P. Smith
Hawkins, Delafield& Wood
7 World Trade Center
250 Greenwich Street, 41 st 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 August 15th, 2024 edition
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
�SUEfO(K�i
outhold Town Board- Letter Board Meeting of August 7, 2024
�oF�,Too
RESOLUTION 2024-716 Item# 5.12
ADOPTED DOC ID: 20534
THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 2024-716 WAS
ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON
AUGUST 7,2024:
BOND RESOLUTION OF THE TOWN OF SOUTHOLD,
NEW YORK, ADOPTED AUGUST 7, 2024, AUTHORIZING
THE ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT
TO EXCEED $250,000 TO FINANCE THE CONSTRUCTION OF
SIDEWALK IMPROVEMENT ON FISHERS ISLAND, 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 construction of sidewalk
improvement on Fishers Island.
Section 2. The 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. 24 of the Law, is ten(10)
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.
Generated August 8, 2024 Page 18
Y
Southold Town Board-Letter Board Meeting of August 7, 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 81.00 of the Law.
EXHIBIT A
(Below is the Notice for Publication and Posting)
Generated August 8, 2024 Page 19
Southold Town Board- Letter Board Meeting of August 7, 2024
TOWN OF SOUTHOLD,NEW YORK
PLEASE TAKE NOTICE that on August 7, 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 August 7, 2024, authorizing the
issuance of-bonds in a principal amount not to exceed$250,000 to finance the construction of
sidewalk improvement on Fishers Island, 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 construction of sidewalk improvement on Fishers Island;
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 ten(10)
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: August 7, 2024
Denis Noncarrow
Town Clerk
M1
Denis Noncarrow
Southold Town Clerk
Generated August 8, 2024 Page 20
Southold Town Board - Letter Board Meeting of August 7, 2024
RESULT: ADOPTED [UNANIMOUS]
MOVER: Louisa P. Evans, Justice
SECONDER:Greg Doroski, Councilman
AYES: Doroski, Mealy, Smith, Krupski Jr, Doherty, Evans
Generated August 8, 2024 Page 21
EXTRACT OF MINUTES
Meeting of the Town Board of the
Town of Southold, in the
County of Suffolk,New York
August 7, 2024
A meeting of the Town Board of the Town of Southold, in the County of Suffolk,New York, was
held at the Fishers Island School Gymnasium, Fishers Island,New York, on August 7, 2024.
There were present: Hon. Albert J. Krupski, Jr., Supervisor; and
Councilpersons: Justice Louisa P. Evans
Councilwoman Jill Doherty
Councilwoman Anne Smith
Councilman Brian O. Mealy
Councilman Greg Doroski
There were absent: None
Also present: Paul DeChance, Town Attorney
Denis Noncarrow, Town Clerk
Justice Louisa P. Evans offered the following resolution and moved its adoption:
BOND RESOLUTION OF THE TOWN OF SOUTHOLD, NEW YORK, ADOPTED
AUGUST 7, 2024, AUTHORIZING THE ISSUANCE OF BONDS IN A PRINCIPAL
AMOUNT NOT TO EXCEED $250,000 TO FINANCE THE CONSTRUCTION OF
SIDEWALK IMPROVEMENT ON FISHERS ISLAND, 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 construction of sidewalk
improvement on Fishers Island.
Section 2. The 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. 24 of the Law, is
ten(10) 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 Greg Doroski 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,iri 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 August 7, 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 7th day of August,
2024.
(SEAL) dl�
Town Clerk
LEGAL NOTICE
TOWN OF SOUTHOLD.NY
PLEASE TAKE NOTICE that on
August 7,2024,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
August 7,2024,authorizing the
issuance of bonds in a principal
amount not to exceed$250,000 to
finance the construction of sidewalk
improvement on Fishers Island,
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 construction of
sidewalk improvement on Fishers
Island;
SECOND: STATING that the j
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 ten(10)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:August 7,2024
Denis Noncarrow,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 5 , 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 August 7, 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
Subsc(r�ibb�ed and sworn to before me
this `lr day of August, 2024.
otary Public, State of New York
SABRINA M BORN
Notary Public,State of New York
No.01606317038,Suffolk Cou�
Commission Expires Dec.22,20
LEGAL NOTICE
TOWN OF SOUTHOLD,NEW YORK
PLEASE TAKE NOTICE that on August 7, 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
August 7, 2024, authorizing the issuance of bonds in a principal
amount not to exceed$250,000 to finance the construction of sidewalk
improvement on Fishers Island, 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
construction of sidewalk improvement on Fishers Island;
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 ten(10)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: August 7,2024
Denis Noncarrow
Town Clerk
Invoice M
REVIEW
`3
MEDIA GROUP
Invoice number DECO2879-0013
Date of issue August 9,2024
Date due August 14, 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
$90.58 USD due August 14, 2024
Pay online
Confirmation Id: 6368e08b
Description Qty Unit price Amount
Publication date: 08/15/2024 1 $65.58 $65.58
QAC Affidavit 1 $25.00 $25.00
Subtotal $90.58
Total $90.58
Amount due $90.58 USD
DECO2879-0013•$90.58 USD due August 14,2024 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_6368e08b.pdf
Ad Text:
LEGAL NOTICE TOWN OF SOUTHOLD, NY PLEASE TAKE NOTICE that on August 7, 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 August 7, 2024, authorizing the issuance of bonds in a principal amount not to exceed$250,000 to finance
the construction of sidewalk improvement on Fishers Island, 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 construction of sidewalk
improvement on Fishers Island;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 ten (10) 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 effe
DECO2879-0013•$90.58 USD due August 14,2024 Page 2 of 2
LEGAL NOTICE
TOWN OF SOUTHOLD.NY
PLEASE TAKE NOTICE that on
August 7,2024,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
August 7,2024,authorizing the
issuance of bonds in a principal
amount not to exceed$250,000 to
finance the construction of sidewalk
improvement on Fishers Island,
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 construction of
sidewalk improvement on Fishers
Island;
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 ten(10)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:August 7,2024
Denis Noncarrow,Town Clerk
BOND RESOLUTION OF THE TOWN OF SOUTHOLD, NEW
YORK, ADOPTED AUGUST 7, 2024, AUTHORIZING THE
ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO
EXCEED $250,000 TO FINANCE THE CONSTRUCTION OF
SIDEWALK IMPROVEMENT ON FISHERS ISLAND,
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 construction of sidewalk
improvement on Fishers Island.
Section 2. The 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. 24 of the Law, is
ten(10) 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.
EXHIBIT A
(Below is the Notice for Publication and Posting)
TOWN OF SOUTHOLD,NEW YORK
PLEASE TAKE NOTICE that on August 7, 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
August 7, 2024, authorizing the issuance of bonds in a principal
amount not to exceed$250,000 to finance the construction of sidewalk
improvement on Fishers Island, 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
construction of sidewalk improvement on Fishers Island;
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 ten(10)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: August 7,2024
Denis Noncarrow
Town Clerk
t
HAWKINS.OELAFIELD &WOOD LLP ,
7 WORLD TRADE`CENTER,'280 ORE ENWICH STREET,NEW Y.ORK.NEW YORK10007
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(212) 820-9662 August 5, 2024
Town of Southold,New York
$250,000 Bond Resolution for Fishers Island Sidewalk Improvements
(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 August 7, 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§3 0 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
FOUNDED ISS4
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
August 7, 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 August 7,
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 AUGUST 7, 2024, AUTHORIZING THE
ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO
EXCEED $250,000 TO FINANCE THE CONSTRUCTION OF
SIDEWALK IMPROVEMENT ON FISHERS ISLAND,
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 construction of sidewalk
improvement on Fishers Island.
Section 2. The 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. 24 of the Law, is
ten(10)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 August 7, 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
August 7, 2024, authorizing the issuance of bonds in a principal
amount not to exceed$250,000 to finance the construction of sidewalk
improvement on Fishers Island, 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
construction of sidewalk improvement on Fishers Island;
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 ten(10)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: August 7,2024
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 August 7,2024,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 7th day of August,
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 August 7, 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 August, 2024.
Notary Public, State of New York