HomeMy WebLinkAboutLand Aq. Public Park PurposesBOND RESOLUTION OF THE TOWN OF SOUTHOLD, NEW
YORK, ADOPTED JULY 21, 1998, AUTHORIZING THE
ACQUISITION OF THE CERTAIN PIECE OR PARCEL OF
LAND CONTAINING 13.85 ACRES, MORE OR LESS,
SITUATE ON THE WEST SIDE OF PECONIC LANE, iN
THE TOWN OF SOUTHOLD, AT THE ESTIMATED
M3tXIMUM COST OF $210,000, INCLUDING
PRELIMINARY COSTS AND COSTS INCIDENTAL
THERETO TO THE FINANCING THEREOF IN THE
AMOUNT OF $10,000, SAID LAND TO BE USED FOR
PUBLIC PARK PURPOSES; APPROPRIATING $210,000
THEREFOR AND AUTHORIZING THE ISSUANCE OF
$210,000 SERIAL BONDS OF SAID TOWN TO FINANCE
SAID APPROPRIATION.
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 "Town"), is hereby authorized to
acquire by purchase, the certain piece or parcel of land
containing 13.85 acres, more or less, situate on the west side of
Peconic Lane, in the Town of Southold, said piece or parcel of
land being described on the Suffolk County Tax Map as 1000-74-5-
6, said land, when acquired, to be used for public park purposes.
The estimated maximum cost of said specific object or p0urpose is
$210,000, including preliminary costs and costs incidental
thereto and to the financing thereof in the amo6nt of $10,000,
and the said amount of $210,000 is hereby appropriated therefor.
The plan of financing includes the issuance of $210,000 serial
bonds of the Town 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.
Section 2. Serial bonds of the Town in the principal
amount of $210,000 are hereby authorized to be issued pursuant to
the provisions of the Local Finance Law, constituting Chapter 33-
a of the Consolidated Laws of the State of New York (herein
called "Law"), to finance said appropriation.
Section 3. The following additional matters are hereby
determined and declared:
(a) The period of probable usefulness applicable to the
specific object or purpose for which the $210,000 serial bonds
authorized pursuant to this r~solution are to be issued, within
the limitations of Section 11o00 a. 21 of the Law, is hereby
determined to be thirty (30) years; however, the maturity of the
bonds herein authorized shall not exceed five (5) 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 Town Board acting in the role of the Lead
Agency, after having identified and considered the relevant areas
of environmental concern associated with the acquisition of said
land authorized as hereinabove referred to in Section 1 (the
"Project"), has issued a negative declaration for purposes of the
State Environmental Quality Review Act ("SEQRA"), Article 8 of
the New York Environmental Conservation Law, and has determined
that the Project will not have a "significant effect" upon the
environment, and has satisfied the requirements imposed by SEQRA.
(d) The proposed maturity of the bonds authorized by
this resolution will not exceed five 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 without limitation of rate or amount. 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
relative to the authorization of the issuance 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 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 any other bonds heretofore or
hereafter authorized, and of any bond anticipation notes issued
in anticipation of said bonds, and the renewals of said bond
anticipation notes, and relative to executing contracts for
credit enhancements and providing for substantially level or
declining annual debt service, 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 the publication of such resolution are not
substantially complied with,
and an action, suit or proceeding contesting such validity is
commenced within twenty days after
or
the date of such publication,
(c) such obligations are authorized in violation of the
provisions of the constitution.
Section 7. This bond resolution shall take effect
immediately and the Town Clerk is hereby authorized and directed
to publish this bond resolution, in full, together with a notice
attached in substantially the form prescribed by Section 81.00 of
the Local Finance Law in The Traveler Watchma~ a newspaper published
in Sout~bld, New York, having a general circulation in the Town
and hereby designated the official newspaper of the Town for such
publication.
STATE OF NEW ~fORK)
SS:
COUNTY OF SUFFOLK)
ELIZABETH A. NEVILLE, Town Clerk of the Town of Southold, New York
being duly sworn, says that on the 28th day of July 1998
she affixed a notice of which the annexed printed notice is a true copy,
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, Southold Town Hall~ 53095 Main Road~ Southold~ New York.
Bond Resolution of the Town of Southold, adopted July 21, 1998,
authorizing the Acquisition of the certain piece or parcel of land
containing 13.85 acres, more or less, situate on the west side of
Peconic Lane, in the Town of Southold, at the estimated maximum
cost of $210,000.00, including preliminary costs and costs incidental
there to the financing thereof in the amount of $10,000.00, said land
to be used for public park purposes. (SCTM# 1000-7q-5-6, Overton Rich)
~ Eliza'beth A. ~Neville
Southold Town Clerk
Sworn to before me this
~Rtkday of hd.v , 1998.
' Nb(ary/Public '
UNDA J. COOPER
Te~m Expires December 31.19-,.-'.'.'.'.'.'.'.~-~
Meeting of
in the County of Suffolk,
July 21,1998
EXTRACT OF MINUTES
the Town Board of the Town of Southold,
New Y6rk
Southold,
Town Hall, 53095 Main Road, Southold, New York,
at 7:30 o'clock P.M. (Prevailing Time).
There were present: Hon. Jean W. Cochran
Board Members:
Councilman Brian G. Murphy
Councilman John M. Romanelli
Councilman William D. Moore
Councilwoman Alice J. Hussie
A regular meeting of the Town Board of the Town of
in the County of Suffolk, New York, was held at the
on July 21, 1998
Supervisor; and
There were absent:
*Justice Louisa P: Evans
Also present:
Elizabeth A. Neville Town Clerk
Gregory F. Yakaboski Town Attorney
Councilwoman Hussie offered the following
resolution and moved its adoption:
215931.1 001092 RES
BOND RESOLUTION OF THE TOWN OF SOUTHOLD, NEW
YORK, ADOPTED JULY 2% 2f98, AUTHORIZING THE
ACQUISITION OF THE CERTAIN PIECE OR PARCEL OF
LAND CONTAINING 13.85 ACRES, MORE OR LESS,
SITUATE ON THE WEST SIDE OF PECONIC LANE, IN
THE TOWN OF SOUTHOLD, AT THE ESTIMATED
MAXIMUM COST OF $210,000, INCLUDING
PRELIMINARY COSTS AND COSTS INCIDENTAL
THERETO TO THE FINANCING THEREOF IN THE
AMOUNT OF $10,000, SAID LAND TO BE USED FOR
PUBLIC PARK PURPOSES; APPROPRIATING $210,000
THEREFOR AND AUTHORIZING THE ISSUANCE OF
$210,000 SERIAL BONDS OF SAID TOWN TO FINANCE
SAID APPROPRIATION.
THE TOWN BOARD OF THE TOWN OF SOUTHOLD,
SUFFOLK, NEW YORK, HEREBY RESOLVES (by the
less than two-thirds of all the members of
FOLLOWS:
Suffolk,
acquire
IN THE COUNTY OF
favorable vote of not
said Town Board) AS
Section 1. The Town of Southold, in the County of
New York (herein called "Town"), is hereby authorized to
by purchase, the certain piece or parcel of land
containing 13.85 acres, more or less, situate on the west side of
Peconic Lane, in the Town of Southold, said piece or parcel of
land being described on the Suffolk County Tax Map as 1000-74-5-
6, said land, when acquired, to be used for public park purposes.
The estimated maximum cost of said specific object or p0urpose is
$210,000, including preliminary costs and costs.incidental
thereto and to the financing thereof in the amo6nt of $10,000,
and the said amount of $210,000 is hereby appropriated therefor.
The plan of financing includes the issuance of $210,000 serial
bonds of the Town 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.
Section 2. Serial bonds of the Town in the principal
amount of $210,000 are hereby authorized to be issued pursuant to
the provisions of the Local Finance Law, constituting Chapter 33-
a of the Consolidated Laws of the State of New York (herein
called "Law"), to finance said appropriation.
Section 3. The following additional matters are hereby
determined and declared:
(a) The period of probable usefulness applicable to the
specific object or purpose for which the $210,000 serial bonds
authorized pursuant to this resolution are to be issued, within
the limitations of Section 11.00 a. 21 of the Law, is hereby
determined to be thirty (30) years; however, the maturity of the
bonds herein authorized shall not exceed five (5) 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
215931.1 C~1092 RES
bonds are authorized. The foregoing statement of intent with
respect to reimbursement is made in conformity with Treasury
Regulation Section i.150-2 of the United States'Treasury
Department.
(c) The Town Board acting in the role of the Lead
Agency, after having identified and considered the relevant areas
of environmental concern associated with the acquisition of said
land authorized as hereinabove referred to in Section 1 (the
"Project"), has issued a negative declaration for purposes of the
State Environmental Quality Review Act ("SEQRA"), Article 8 of
the New York Environmental Conservation Law, and has determined
that the Project will not have a "significant effect" upon the
environment, and has satisfied the requirements imposed by SEQRA.
(d) The proposed maturity of the bonds authorized by
this resolution will not exceed five 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 52.0~ 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 without limitation of rate or amount. 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
215931.1 001092 RES
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
relative to the authorization of the issuance 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 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 any other bonds heretofore or
hereafter authorized, and of any bond anticipation notes issued
in anticipation of said bonds, and the renewals of said bond
anticipation notes, and relative to executing contracts for
credit enhancements and providing for substantially level or
declining annual debt service, 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
215931.1 001092 RES
(b) the provisions of law which should be complied with
at the date of the publication of such resolution 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 shall take effect
immediately and the Town Clerk is hereby authorized and directed
to publish this bond resolution, in full, together with a notice
attached in substantially the form prescribed by Section 81.00 of
the Local Finance Law in T~Tra¥1er Watchman, a newspaper published
in Southol4 , New York, having a general circulation in the Town
and hereby designated the official newspaper of the Town for such
publication.
215931.1 C~1092 RES
Supervisor Cochran
The adoption of the foregoing resolution was seconded by
and duly put to a vote on roll call, which
resulted as follows:
AYES:
NOES:
Councilman Murphy
Councilman Romaneili
Councilwoman Hussie
Supervisor Cochran
None
Councilman Moore recused himself from this vote.
The resolution was declared adopted.
215931,1 C01092 RES
CERTIFICATE
I, ELIZABETH A. NEVILLE, Town Clerk of' the Town of
Southold, in the County of Suffolk, State of New York, HEREBY
CERTIFY that the foregoing annexed extract from the minutes of a
meeting of the Town Board of said Town of Southold duly called
and held on July 2% 1998, 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 Southhold this 28th day of
July, 1998.
( SEAL )
2159311 001092 RES
NOTICE
The bond resolution published herewith has been adopted
on the Zlst day of July, 1998. 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.
ELIZABETH A. NEVILLE
Town Clerk
The bond resolution published
herewith has b~¢n ~d'opted on
the 21 st, d~r'b~J~t;, 1998: The
mor~dbv such re~olufi~n ma~
SO~H~D, ~ the C~ Of
Suffb~i ~eW ,~rk, is ~t bu-
tho~ba ~ek~d mone~ or if
the ~}S,9O~ ~0f~aw ~hich
should h~mplied wi& '
as or:~ d~e'0r~ca~on or ·
this nOtiCe~w~re:h0t ~ubstan-
~on, ~it 0r ~i~ Contest-
,mg susa va[M~ ~ Commenced
wi~in:~e~'days a~er &e date
of pub[i~tlOn ofihe~ce, or
such obllgatiOOs we~ autho-
rized ~n:~lol~fi~ or~e ~ovi-
sions of&e con~imtion. :
ELfZABE~ A. NEVILLE
Town Clerk
BOND ~RES~UTION OF
THE '~O~ ~I~U~LD,
NEW 'V~K/a~ADOPTED
JUL~ 21 f 199gf~U~ORIZ.
lNG ~A~UIS~ON OF
THE CERTAIN PIECE OR
PA RCE~:~F L. AND CON-
TAININ~' ~3.8~ ~ACRES,
MORE ~. LESS, SITUATE
ON THE~sT:~E OF
CONIC ~ANE, ~N~E TO~
OF SOUTHOLD, AT THE ~
TIMATED MA~
oF $2~
COSTS: :~NCI~AL
THERETO~THE F~ANC-
lNG TI4EREOF IN THE
AMOUNT OF $I0,000, SAID
I.AND TO BE USED FOR
PUBLIC PARK PURPOSES:
APPROPRIATING $210,000
THEREFOR AND AUTItO-
RIZING THE ISSUANCE OF
$210,000 SERIAl. BONDS OF
SAID TOWN TO FINANCE
SAID APPROPRIATION.
THE TOWN BOARD OF
THE TOWN OF SOUTHOLD,
IN THE COUNTY OF SUF-
FOLK, NEW YORK, HEREBY
RESOLVES (by the favorable
vote of not less than two-thirds
of all tile members of said Town
Board) AS FOLLOWS;
Section 1. The Town of
Southold, in the County of Suf-
folk, New York (herein called
"Town"), is hereby authorized
to.acquire by purchase, the cer-
tain piece or parcel of land con-
taining 13.85 acres, more or
less, situate on the west side of
Peconic Lane, in the Town of
Southo[d said pece or parcel of
and being described on the Suf-
folk County Tax Map as 1000-
74-5-6, said land, when ac-
quired, to be used for public
park purposes. The estimated
maximum cost of said specific
object or purpose is $210,000,
including preliminary costs and
costs incidental thereto and to
the financing thereof in the
amount orS10,000, and the said
amount of $210,000 is hereby
appropriated therefor. The plan
of financing includes the issu-
ance of $210.000 serial bonds
of the Town to finance said ap-
propriation, and the levy and
cbllection of taxes on all the tax-
able real property in the Town
to pa3' the principal of' said
bonds and the interest thereon
as thc same shall become due
and payable·
Section 2. Serial bonds of the
Town m the principal amount of
$210,000 are hereby authorized
tr~ I~e issued pursuafit to the pro-
visions of the l,oca] Finance
Law, constituting Chapter 33-a
of the Cousolidated Laws of the
State of New York (hereiu
called "l,aw'), to finance said
appropriation.
:Section 3. The fbllowing ad-
ditional matters are hereby de-
termined and declared:
(a) The period of probab c
usefulness applicable to the spe-
cific object or purpose for which
the $210,000 set al bonds au-
thorized pursuant to this reso-
· lufion are to be issued, within
the limitations of Section 11.00
a. 21 of the Law, is hereby de-
termined to be thirty (30) years;
however, the maturity of the
bonds herein authorized shall
not exceed five (5) years,
(b) The proceeds of the bonds
herein authorized and any bond
anticipation notes issued in an-
ticipation of said bonds may be
applied to reimburse the Town
fo~ expenditures made after the
effective date of this resolution
for the purpose for which said
bonds am authorized. The fore-
going statement of intent with
respect to reimbursement is
mm~e in conformity with Trea-
sury Regulation Section 1.150-
2 of the United States Treasury
Department.
(c) The Town Board acting in
the role of the Lead Agency,
after having identified and con-
si. tiered the relevant areas ofen-
wronmental concern associated
with the acquisition of said land
author/zed as hereinabove re-
ri*erred to in Section I (the
"Project"), has issued a negative
~ declaration tbr pu~oses of the
State Environmental Quality
: R~i~w Act ("SEQRA'i), Article
8 of the New York Environmen-
tal Conservation Law, and has
determined that the Proiect will
not have a "significani effect"
upon the environment, and has
satisfied the requirements im-
posed by SEQRA.
(d) The proposed maturity of
the bonds authorized by this
resolution will uot exceed five
years.
Section 4. Each of the bonds
authorized by this resolution
and any bond ~ 3ticipation notes
ssued in anticipation of the sale
of said bonds shall contain the
recital of validity as p 'escribed
by Sect on 52.00 of the Law aud
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 r~al
COUNTY OF SUFFOLK
STATE OF NEW YORK ss:
Patricia C. Lollot, being duly sworn, says that
she is the Production Coordinator, of the TRAV-
ELER WATCHMAN, a public newspaper printed
at Southold, in Suffolk County; and that the no-
tice of which the annexed is a printed copy,
has been published in said Traveler Watchman
once each week for
.......................................... ...~.i ......................... weeks
successively, commenc~g o.n the .......~......O.. ......
Sworn to before me th' . ....... ..~.....O... .......... day of
Notary Public
BARBARA A. SCHNEIDER
NOTARY PUBUC, State of New York
No. 480684~
~ualified in Suffolk C~/r~F~
Commission Expires
mature m such year and (b) the
payment of interest to be due
an,.d_ P.a. yab_le i? such Year.
ailed bXeN ua panuRuoO
)f newspaper published in
~' Southold, New York, having a
e general circulation in the Town
~_ and hereby designated the offi- cial ncwsoapc, r of the TOWn for
~ such publ'ic;~t~6n.
1 X-7/30/98 (243)
The bondresolution
herewith has
the
Law, constituting Chapter 33-a
of the Consolidated Laws of the
State of New York (herein
called La ), to finance said
appropriation.
~ection 3. The following ad-
ditional matters are hereby de-
terrr able
the"
as
this
of¸
date
Or
bonds
.to:this rbso-
- lution are to be iSSUed, WiZhin
the limitations of Section: 11.00
a. 21 °fthe Law, iS;h~reb~ de-
termined to be th rt~ ~30) years;
hOwever, the maturity of,the
bonds herein authorized shall
not exceed five (5));oars.-:
(b) The. proceeds 0fthe I~nds
her~in authorized:and any bond
anticipation notes issued in~an-
tici~tion of raid bon~s m~y be
aPplied to ~retmborse the;Town
for axpendituresana~e afte~ the
effecilve date of this resol~ion
for ¢ne pUrpOSe for .whic~ said
bonds are auth~t~ized>The fore-
going ,stat~ra~nl: Og intent wi[h
respeCt to miml~a~sement is
maile in confOnnIWwith Trea-
su ry Regu iation 8~tio_n 1.150-
2 of the United Statas/rensury
(c) The Town Board acting in
the role pi%the Lced Agency,
after having id~mified and con-
sidered the re,rant areas of en-
vironmental coacem ~sociated
w th the acquisition;og~said land
authorized as hereimd~ov~ ~e-
i~-oh~t~),~iss~trn~gat~ve
~1~1- ~ration for t:nl~Ses of the
:<fftate E,n~01im'efltal Quality
~ Revii~ 3l~ ('sEQRA"), Article
g ofthe-~ew York Environmen-
tal Conservation Law, and has
determined that the Project will
not have a "significant effect"
upon the environment, and has
satisfied the requirements im-
posed by SEQRA.
(d) The proposed maturity of
the bonds authi)rized by this
resolution will not exceed five
years.
Section 4. Each of the bonds
authorizod by this resolution
and any bond ~mticiPation notes
ssued in anticipation of the sale
of said bonds shall contain the
recital of validity as presedbed
by Section 5Z00 of the Law and
said bonds and any notes issued
in aniicipation of said bonds
shall be general obligations of
the Town, payable as to both
Principal and interes~t by general
tax upon all the taxable real
property within the Town with-
out lime'atton ofrate or amount.
The faith and credit of the Town
are hereby irrevocably pledged
to the punctual Payment of the
Pringipal of and interest on Said
bonds and any notes issued in
anticipation of the sale of said
bonds and provisi°n shall be
mado annually in the budget of
the TOwn by appropriation for
(a) the amortization and re-
demption of the bonds and any
not? in. anticjpati°n thereof to
COUNTY OF SUFFOLK
STATE OF NEW YORK ss:
Patricia C. Lollot, being duly sworn, says that
she is the Production Coordinator, of the TRAV-
ELER WATCHMAN, a public newspaper printed
at Southold, in Suffolk County; and that the no-
tice of which the annexed is a printed copy,
has been published in said Traveler Watchman
once each week for /
........................................................................ weeks
successively, commenciog on the ......~......O.. ...... ~
day of ~ .......... 19...~).~
Sworn to before m~~......O... .......... daY;c~
Notary Public
BARBARA ~. SCHNEIDER
NOTARY PUBUC, State of New York
No. 4806846
qualified in SuflolkCou_njY /
mature ~n such year and (b) the
· payment of interest to bc duc
and payable in such year.
Section :5. Subject to the pro-
'visions ofthis resolution and of newspaper published in
the Law and pursuant to the pro- Southold, New York, having a
visions of Section 21 00 relative ~e~eral circulation in the,Town
to the authoriZation ~fthe issu- asn~ hereby deSignated the offi-
ance ofb°nds with substantially- ~i~l new~l~aper of the Town for
level or declining annual debt such publicafi6n.
service, Section 30.00 relative IX-7/30/98 (243)
to the authorization of the issu-
ance of bond anticipation notes
and Section 50.00 and Sections
56.00 to 60.00 and 168.00 of the
Law, the pOwers and duties of
the Town Board relative to au-
thorizing bond anticipation
notes and prescribing the terms,
form and contents and as to the
sale and issuance of the bonds
herein authorized, and any other
bonds heretofore or hereafter
authoriZedl and of any bond
anticipation notes issued in an-
ticipati°n of said bonds, and the
renewals of said bond anticipa-
tion note~ and relative to ex-
ecuting contracts for c~edit
enhancements and providing for
substantially level or declining
annual dgbt ~ervice, are hereby
bonds authorized by this reso-
lution, and of any notes issued
in anticipation of the sale of said
bonds, may be contested only if:
(a) such obligations are autho-
rized for an object or purpose
for which the Town is not au-
thorized to expend money, or
(b) the provisions of law
which should be complied with
at the date of the publication of
such resolution are not substan-
tially complied with,
and an action, suit or proceed-
ing contesting such validity is
commenced within twenty clays
after the date of such publica-
tion, or
(c) such obligations are autho-
rized in violation of the provi-
sions of the constitution.
Section 7. This bond resolu-
tion shah take effect immedi-
ately ~nd the'Town Clerk is
hereby authorized and directed
to publish this bond resolution,.
in full, together .with a notice
attached m substantially the
form prescribed by Section
81.00 of the Local Finance Law
in The Traveler Watchman, a
ELIZABETH A. NEVILLE
TOWN CLERK
REGISTRAR OF VITAL STATISTICS
MARRIAGE OFFICER
RECORDS MANAGEMENT OFFICER
FREEDOM OF INFORMATION OFFICER
OFFICE OF THE TOWN CLERK
TOWN OF SOUTHOLD
Town Hall, 53095 Main Road
P.O. Box 1179
Southold, New York 11971
Fax (516) 765-1823
Telephone (516) 765-1800
THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION WAS
ADOPTED AT A REGULAR MEETING OF THE SOUTHOLD TOWN BOARD
HELD ON JULY 21, 1998:
WHEREAS, The Town of Southold is considering the purchase of a parcel of
property from Franklin Rich for public park purposes, which property is
located on the west side of Peconlc Lane known as Suffolk County Tax Map
No. 1000-74-5-6 and is approximately 13.58 acres; and
WHEREAS, the above described action is required to be subject to an
environmental review pursuant to Article 8 of the Environmental Conservation
Law, State Environmental Quality Review Act, and 6 NYCRR Part 617 et seq.,
and Chapter 1~4 of the code of the Town of Southold; Now,therefore, be it
RESOLVED that pursuant to SEQRA this action is an Unlisted Action; and be it
FURTHER RESOLVED that the Town of Southold has conducted an
uncoordinated review of this unlisted action and completed and reviewed a
Short Environmental Assessment; and be it
FURTHER RESOLVED AND CONCLUDED, that the above described action will
not have a significant adverse impact on the environment and the Town Board
pursuant to SEQRA hereby issues a "negative declaration" with respect to the
above described action.
~A. 'Neville
Southold Town C:lerk
July 22, lg98