HomeMy WebLinkAboutVarious Purposes (2)No. 4R-I $670,000
UNITED STATES OF AMERICA
STATE OF NEW YORK
COUNTY OF SUFFOLK
TOWN OF SOUTHOLD
BOND ANTICIPATION NOTE FOR VARIOUS PURPOSES-1999
The Town of Southold, in the County of Suffolk, a municipal corporation
hereby acknowledges itself indebted and for value received promises to pay to thc bearer of this Note, or if it be
registered, to the registered holder, the sum of SlX HUNDRED SEVENTY THt)USAND DOLLARS ($670,000) on
the 12th day of May, 2000, together with interest thereon from the date hereof at the rate of three add forty-m,o
hundredths per eentum (3.42%) per annum, payable at maturity. Both principal of and interest on this Note will be
paid in lawful money of the United States of America, at the Office of the Town Clerk, Town of Southold~ Town
Hall, 53095 Main Road, Southold, New York.
This Note is issued in registered form in the name of HARE & CO., as fl:corded in the books of tko
Town kept in the office of the Town Clerk. Both principal of and interest on this Note are payable only to
registered o-/¢aer, his legal representatives, successors or transferees. This Note is transfersble only upc.n prescntatior,
to such Town Clerk with a written transfer of title which the To~wn Cle~'k~hall j:~gist~ in tike na~je of the transferee
his books and shah endorse a certificate~f su!h re.~"'~, trat~on he~on~$uc~ltran~r s~all b~ [late~, and signori [:y the
registered owner, or his legal representatlves, and it shall be duly acknowledged or proved. ¢,r tn the alternat:ve tile
signature thereto shah be codified as to its genuineness by an officer of a bank or trust company located and auU,ohzed
to do business in this State.
This Note is the only Note of an authorized combined issue, the aggregate principal amount of which
is $670,000.
This Note is issued pursuant to the provisions of the Local Finance Law, constituting Chapter 33-a
of the Co.lsol/datext Laws of the State of New York; seven bond resolutions duly adopted by the To'.~n Board on their
~ates. autha~zing vat,Is purpo~ in an~Tow~i~ o "Oetermina~ion execu~.~d b,'
:visions ~]l~cctin~.~Z~,~ f tho ~I Re~u~rode of 1~. alffimcnded.
ge ~h .n~f s~ ~ of So.thold ~111t!1~' ably pledged for the punctual
yment of th,: pt~lipal~,gnd ~ere~n I~ b~ according to ~ is t :by e~V. ffied ,~.d ~'ec? that ~l~
nd. itions, ac~ a~ui~ by~g~s~tion and statute~f the State ol ew York to ~xist, le dave happ.med
d to have.:end, pre.lent ~r~ ~issuance~thi~ote, exist, h ~happen, ed and have been
r formed ~l~d t~/~hts-~, t~ther ~ o~.r indcbtt~essl~lJ such Town ~outhol~. is within every acbt arid
TOWN OF SOUTHOLD
(SEAL)
A'FI'ES f:, ~x
AFFIDAVIT AS TO NO CONFLICT OF INTEREST
STATE OF NEW YORK
COUNTY OF SUFFOLK
Elizabeth A. Neville, being duly sworn upon her oath deposes and says:
1. I am the duly appointed, qualified and acting Town Clerk of the Town
of Southold, in the County of Suffolk, New York (herein and in Schedule A annexed hereto
called "Town");
2. That with respect to the contract of sale of the Note of the Town
described in the Certificate of Determination executed by the Supervisor on the 14a day of
May, 1999 to the financial institution indicated in such Certificate, I have made a careful
inquiry of each officer and employee of the Town having the power or duty to (a) negotiate,
prepare, authorize or approve the contract or authorize or approve payment thereunder, (b)
audit bills or claims under the contract or (c) appoint an officer or employee who has any of
the powers or duties set forth above, as to whether or not such officer or employee has an
interest (as defined pursuant to Article 18 of the General Municipal Law) in such contract;
3. That upon information and belief, as a result of such inquiry, no such
officer or employee has any such interest in said contract, unless otherwise noted in Schedule
A annexed hereto and by this reference made a part hereof.
Clerk
Subscribed and sworn to before me
this 14~ day of May, 1999.
Notary Public~ State of New York
UNDA J. COOPER
Notar~ Publio, State of New York
No. 4822563, Suffolk County ....
Term Expires December 31, ~i~ ;-~ ~'~'~'
31860~-.1 0~.0689 CERT
SCHEDULE A
1. , is a stockholder of the purchaser, owning or controlling, directly or
indirectly, less than five per centum (5%) of the outstanding stock thereof but no disclosure of
such interest by said officer is required pursuant to said Law.
2. , has an interest in the purchaser, solely by reason of employment as
an officer or employee thereof, but the remuneration of such employment will not be directly
affected as a result of said contract and the duties of such employment do not directly involve
the procurement, preparation or performance of any such part of such contract.
3. , has publicly disclose,~l the nature and extent of such interest in
writing to the governing board of the Town. Such written disclosure has been made a part of
and set forth in the official record of proceedings of the Town.
318602-.1 0'2-0689 CERT