HomeMy WebLinkAboutSol Waste Mgmt Dist UNITED STATES OF AMERICA
STATE OF NEW YORK .......
COUNTY OF SUFFOLK ~MI:
TOWN OF SOUTHOLD /~fiE~p~
BO~ ~T1CIPATION NOTE FOR P~YLOADER, TRUCK TRACTOR~ VACALL~RAI~ ~[~,
SC~E ~OUSE AND VARIOUS EQ~PMENT-I~8
The To~ of ~uthold, ~ ~e County of Suffo~, a municipal co.ration of the S~te of New York,
her~y acknowl~ges itself ~debt~ and for wlue ~eiv~ pmmi~es m pay m the b~rer of this Note, or if
m the mgi~ter~ holder, ~e sum of FOUR ~RED TWE~TY-SIX THOUS~ DOLL.S
day of ~y, 19~, together with inte~st ~er~n from the date he~f at the m~ of ~r~ and e~hty-n~e hundr~ths
centum (3.89%) ~r annum, payable at maturity. Both principal of and interest on th~ No~ will be paid
of the Uni~ S~tes of America, at The Bridgehamp~n Natbnal Bank, ~uthold, N~ York.
At the r~uest of the holder, ~e Town Clerk shall conve~ ~is Note ~to a registe~ Note b)
it in the name of the holder in the books of the Town kept in the offi~ of such To~ Clerk and endorsMg a ee~i~eate of
such registration he~n, a~er which bo~ p~ei~l of and interest on ~fis Note shah be payable only to thc register~
holder, his legal rep~scnmfives, successors or transferees. This Note shall then be transferable only upon presen~tion to
such Town Clerk with a written transfer of title and such Town Clerk shall thereupon register this Note in the name of
transfe~ ~ his books and shall endo~e a ce~ificate of such registration hereon. Such t~nsfer sha~ be da~, and sign~
by the wgister~ holder, or his legal ~prescn~tives, and it shall be duly acknowlcdg~ or prove, or in the alternative ~e
signatu~ ther~o shall be ee~ifi~ as to its genuineness by an officer of a bank or trust company locat~ and au~ofi~ to
do busMess in ~is S~te.
This Note is the only Note of an authorized combin~ issue, the aggregate p~cipal amount of which is
$426,~. ThK Note may be call~ for r~emption on any date prior ~ maturity afar the giving of at l~st five (5)
days' wri~n notre of the da~ of r~emption by mailing of writ~n notice ~ the or~al purchaser, or if th~ Note
r~bter~ to the r~r~ holder, and inter~t shall cease ~ be paid her~n after such date of r~emption.
This Note is issu~ pursuant to the provisions of the Local Finance Law, constitutin$
Consolidat~ Laws of ~e S~te of New York, thr~ bond resolutions duly adopt~ by the Town Board on their rcs~tive
dates, autho~g ~e issuance of serial bonds for the acquisition of machinery and apparatus for lease to and use by the
Southold Solid Waste Management Dist~ct, the acquisition of a Vacall drain cleaner for use by the Town Highway
Depa~ment and ~e constmcfion of a new scale house and acquisition of various equipment for the Southold Solid Waste
Management District: and the Certificate of Dete~ination execut~ by the Supe~isor on May 15, 1998.
This Note has b~n designat~ by the Town as a qualifi~ ~x-exempt obligation pursuant to the
provisions of S~tion 265 of the lnte~al Revenue Code of 1986, as amended.
The faith and cr~it of such Town of Southold are hereby i~evocably pledg~ for the punctual paymen~
of the principal of and interest on ~is Note according to its te~s. It is hereby ce~ifi~ and r<it~ that all conditions,
and things r~ui~ by the Constitution and statutes of the S~te of New York to exist, to have happen~ and to have b~n
perfo~ pr~ent to and in ~e issuance of this Note, exist, have happened and have b~n perform,
together with all other indebt~.ess of such Town of SoUthold, is within every debt and other limit prescfib~ by the
Constitution and laws of such S~te.
IN WITNESS WHEREOF, thc Town of ~uthold has caus~ this Note to be signed by
and its co.rate s~l (or a facsimile ~er~ to be affixed, impress~, imprintS, engrave,
and at~st~ by its Town Clerk and this Note to be dat~ as of the 15th day of May, 1998.
TOWN OF SOUTHOLD
(SEAL)
ATTEST:
Qj Supervisor
EXTRACT OF MINUTES
Meeting of the Town Board of the
Town of Southold, in the
County of Suffolk, New York
November 12, 1997
A regular 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, in said Town, on
November 12, 1997, at 7:30 o'clock P.M. (Prevailing Time)
There were present:
Councilpersons:
Councilwoman Alice J. Hussie
Councilman Joseph L. Townsend,
Councilwoman Ruth D. Oliva
Justice Louisa P. Evans
Councilman William D. Moore
3r.
There were absent: Supervisor Jean W. Cochran
Also present:
,
Councilwoman Hussie
and moved its adoption:
Judith T. Terry, Town Clerk
Laury L. Dowd, Town Attorney
offered the following resolution
RESOLUTION OF THE TOWN OF SOUTHOLD, NEW YORK,
ADOPTED NOVEMBER 12, 1997, RESCINDING, REPEALING
AND REVOKING THE RESOLUTION AND ORDER AFTER PUBLIC
HEARING ADOPTED ON OCTOBER 28, 1997
RESOLVED BY THE TOWN BOARD OF THE TOWN OF SOUTHOLD, IN
THE COUNTY OF SUFFOLK, NEW YORK, AS FOLLOWS:
Section 1. The Resolution and Order After Public
Hearing adopted by the Town Board at its meeting on October 28,
1997 is hereby rescinded, repealed and revoked.
Section 2. This resolution shall take effect
immediately.
The adoption of the foregoing resolution was seconded
by Councilman Townsend and duly put to a vote on roll call, which
resulted as follows:
AYES: Councilwoman Hussie, Councilman Townsend, Council-
woman Oliva, Justice Evans, Councilman Moore.
NOES: None.
The resolution was declared adopted.
184200.1 015146 RES
On motion of Councilwoman Hussie , duly seconded
by Councilwoman Oliva , the following Resolution and Order
After Public Hearing was duly declared adopted on the following
roll call vote:
AYES: Councilwoman Hussie, Councilman Townsend, Councilwoman
Oliva, Justice Evans, Coucnilman Moore.
NOES: None.
A regular 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, in said Town, on the
12th day of November, 1997.
PRESENT:
Hon. Jean W. Cochran, Supervisor
William Moore, Councilperson
Louisa Evans, Justice
Alice Hussie, Councilperson
Ruth Oliva, Councilperson
Joseph Townsend, Councilperson
In the Matter
of the
Increase and improvement of facilities for
the Southold Solid Waste Management District,
in the Town of Southold, in the County of
Suffolk, New York, pursuant to Section 202-b
of the Town Law.
RESOLUTION AND
ORDER AFTER PUBLIC
HEARING
WHEREAS, the Town Board of the Town of Southold (herein
called "Town Board" and "Town", respectively), in the County of
Suffolk, New York, on behalf of Southold Solid Waste Management
District, in the Town (herein called "District',), has requested
the increase and improvement of facilities of the District, as
hereinafter described, at the estimated cost of $200,000; and
WHEREAS, pursuant to the Order Calling Public Hearing
adopted September 30, 1997, a public hearing was duly called and
I~42(10.1 01514~ RES
held by the Town Board on the 28th day of October, 1997 at 5:00
o'clock P.M. (Prevailing Time) at the Town Hall, 53095 Main Road,
Southold, New York, in the Town, and considerable discussion on
the matter has been had and all persons desiring to be heard have
been heard, including those in favor of and those in opposition
to said increase and improvement of facilities of the Southold
Solid Waste Management District; and
WHEREAS, the Town Board has duly considered and
reviewed all applicable federal, state and local laws and
regulations regarding environmental matters, including compliance
with the New York State Environmental Quality Review Act,
comprising Article 8 of the Environmental Conservation Law, as
related to the impact that the increase and improvement of
facilities of the District may have on the environment and, on
the basis of such consideration and review, the Town Board has
determined that no substantial adverse environmental impact will
be caused thereby;
NOW, THEREFORE, on the basis of the information given
at such hearing, it is hereby
DETERMINED, that it is in the public interest to
increase and improve the facilities of the District by (i)
construction of a new scale house at the estimated maximum cost
of $40,000 and, (ii) acquisition of various equipment for use in
and for the District at the estimated maximum cost of $160,000,
as hereinabove referred to, the estimated total cost thereof not
to exceed $200,000; and it is hereby
ORDERED, that the facilities of the District shall be
so increased and improved and that such new scale house shall be
constructed and such equipment shall be acquired and, further,
that the Engineer heretofore retained by the Town Board shall
prepare specifications and make careful estimates of the expense
of said increase and improvement of the facilities and, with the
assistance of the Town Attorney, prepare a proposed contract or
contracts for the construction of such new scale house and the
acquisition of such equipment, which specifications, estimate and
proposed contract(s) shall be presented to the Town Board as soon
as possible; and it is hereby
FURTHER ORDERED, that the expense of so increasing and
improving such facilities shall be financed by the issuance of
not to exceed $200,000 serial bonds of the Town, and the costs
thereof, including payment of principal of and interest on said
bonds, shall be assessed, levied and collected from the several
lots and parcels of land within said District by the Town Board
in the manner provided by law, but if not paid from such source,
all the taxable property within said Town shall be subject to the
levy of an ad valorem tax, without limitation as to rate or
amount, sufficient to pay the principal of and interest on said
bonds; and it is hereby
FURTHER ORDERED, that the Town Clerk record a certified
copy of ~.him Resolu=ion and 0rderAf=erPublic Hearing in,he
offica of ~he Clerk of Suffolk County wit. hin=en (10) days after
adoption heraof.
DATED: NOV~MB~12, 1997
TOWN BOARD OF TH~ TOWN OF SOUTHOLD
(SEAL)
Councilperson
Louisa Evans
JUst:ice
Co~llperson
Ru~ Oli~
Joseph To~r~end
Councilparson
~M,~hers of the Town Board of the Town of
Sou~hold, New Yor~
Councilwoman Oliva
and moved its adoption:
offered the following resolution
184200.1 018146
RESOLUTION OF THE TOWN OF SOUTHOLD, NEW YORK,
ADOPTED NOVEMBER 12, 1997, RESCINDING, REPEALING
AND REVOKING THE BOND RESOLUTION ADOPTED ON
OCTOBER 28, 1997
RESOLVED BY THE TOWN BOARD OF THE TOWN OF SOUTHOLD, IN
THE COUNTY OF SUFFOLK, NEW YORK (by the favorable vote of not
less than two-thirds of all the members of said Board), AS
FOLLOWS:
Section 3. The Bond Resolution adopted by the Town
Board at its meeting on October 28, 1997 is hereby rescinded,
repealed and revoked.
Section 4. This resolution shall take effect
immediately.
The adoption of the foregoing resolution was seconded
by Councilwoman Hussieand duly put to a vote on roll call, which
resulted as follows:
AYES: Councilwoman Hussie, Councilman Townsend, Council-
woman Oliva, Justice Evans, Councilman Moore.
NOES: None.
The resolution was declared adopted.
***
Councilwoman Hussie
resolution and moved its adoption:
offered the
following
184.2~.1 01S146 R.ES
BOND RESOLUTION OF THE TOWN OF SOUTHOLD, NEW YOPd(,
ADOPTED NOVEMBER 12, 1997, APPROPRIATING THE
AMOUNT OF $200,000 FOR THE INCREASE AND
IMPROVEMENT OF FACILITIES OF THE SOUTHOLD SOLID
WASTE MANAGEMENT DISTRICT, IN SAID TOWN, AND
AUTHORIZING THE ISSUANCE OF $200,000 SERIAL BONDS
OF SAID TOWN TO FINANCE SAID APPROPRIATION.
Recital
WHEREAS, the Town Board of the Town of Southold (herein
called the "Town Board" and the "Town", respectively), in the
County of Suffolk, New York, acting on behalf of the Southold
Solid Waste Management District (herein called the "District"),
in the Town, has heretofore determined to increase and improve
the facilities of the District as hereinafter described and,
after a public hearing duly called and held, the Town Board has
determined, pursuant to the Resolution and Order After Public
Hearing duly adopted on this date, that it is in the public
interest to so increase and improve the facilities of the
District and ordered the (i) construction of a new scale house at
the estimated maximum cost of $40,000 and (ii) acquisition of
various equipment at the estimated maximum cost of $160,000;
Now, therefore, be it
RESOLVED BY THE TOWN BOARD OF THE TOWN OF SOUTHOLD, IN
THE COUNTY OF SUFFOLK, NEW YORK (by the favorable vote of not
less than two-thirds of all the members of said Board) AS FOLLOWS:
Section 1. The Town hereby appropriates the amount of
$200,000 for the increase and improvement of facilities of the
District consisting of (i) construction of a new scale house at
the estimated maximum cost of $40,000 and, (ii) acquisition of
various equipment at the estimated maximum cost of $160,000,
heretofore authorized pursuant to the Resolution and Order After
Public Hearing referred to in the Recital hereof. The estimated
total cost of said specific objects or purposes, including
preliminary costs and costs incidental thereto and to the
financing thereof, is $200,000. The plan of financing includes
the issuance of not to exceed $200,000 serial bonds of the Town
to finance said appropriation and such amount, including
installments of principal and interest on such bonds, shall be
assessed, levied and collected from the several lots and parcels
of land within said District by the Town Board in the manner
provided by law, but if not paid from such source, all the
taxable property within said Town shall be subject to the levy of
an ad valorem tax, without limitation as to rate or amount,
sufficient to pay the principal of and interest on said bonds.
Section 2. Serial bonds of the Town are hereby
authorized to be issued in the principal amount of $200,000
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) It is hereby determined that the period of
probable usefulness of the specific object or purpose for which
(i) $40,000 principal amount of said $200,000 serial bonds are
authorized to be issued, within the limitations of Section 11.00
a..35 of the Law is five (5) years and (ii) $160,000 principal
amount of said $200,000 serial bonds are authorized to be issued,
within the limitations of Section 11.00 a. 28. of the Law, is
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 has duly considered and reviewed
all applicable federal, state and local laws and regulations
regarding environmental matters, including compliance with the
New York State Environmental Quality Review Act, comprising
Article 8 of the Environmental Conservation Law as related to the
impact that the increase and improvement of facilities for the
District may have on the environment and, on the basis of such
consideration and review, the Town Board has determined that no
substantial adverse environmental impact will be caused thereby.
184200.1 018146 RES
Section 4. Each of the bonds authorized by this
resolution and any bond anticipation notes issued in anticipation
of said bonds shall contain the recital of validity prescribed by
Section 52.00 of the Law and said bonds, and any notes issued in
anticipation said bonds, shall be general obligations of the
Town, payable as to both principal and interest by a general tax
upon all the taxable real property within the Town without
limitation as to 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 issued
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 having 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 of the Law, the powers and duties of the
Town Board relative to authorizing bond anticipation notes and
prescribing their 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, 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 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 the date of such publication,
or
(c) such obligations are authorized in violation of the
provisions of the constitution.
Section 7.
immediately.
This resolution shall take effect
The adoption of the foregoing resolution was seconded
by Councilwoman Oliva
resulted as follows:
AYES:
and duly put to a vote on roll call, which
Councilwoman Hussie, Councilman Townsend, Council-
woman Oliva, Justice Evans, Councilman Moore.
NOES: None.
The resolution was declared adopted.
***
Councilwoman Hussie
resolution and moved its adoption:
offered the following
154200.1 015146
RESOLVED BY THE TOWN BOARD OF THE TOWN OF SOUTHOLD, IN
THE COUNTY OF SUFFOLK, NEW YORK, AS FOLLOWS:
Section 1. The Town Clerk is hereby directed to
publish the foregoing bond resolution, in full, in "THE SUFFOLK
TIMES," a newspaper published in Southold, New York~ and having a
general circulation in said Town, which newspaper is hereby
designated as the official newspaper of the Town for such
publication, together with the Town Clerk's statutor~ notice in
the form prescribed by Section 81.00 of the Local Finance Law of
the State of New York.
Section 2.
immediately.
by
call,
This resolution shall take effect
The adoption of the foregoing resolution was seconded
Councilwoman Oliva and duly put to a vote on roll
which resulted as follows:
AYES: Councilwoman Hussie, Councilman Townsend, Councilwoman
Oliva, Justice Evans, Councilman Moore.
NOES: None.
The resolution was declared adopted.
184200.1 018146
CERTIFICATE
I, JUDITH T. TERRY, Town Clerk of the Town of Southold,
in the County of Suffolk, New York, HEREBY CERTIFY that the
foregoing annexed extract from the minutes of a meeting of the
Town Board of said Town, duly called and held on November 12,
1997 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 this 13th day of November,
1997.
(SEAL)
The resointinn published he.with
I~ heen adopted on the 12th day of
~ 1997, and the validity of the
dMiga#mm authorized by such resoin-
t~on may be hereafter contested only if
~ ~tions were authorized for an
a&joct or ~ for which thc TOWN
OP SOlA'HOLD, in the County of
bfJalk, New York, is not anthoriz~ m
eqmd money or if the provisions of
rutH* an ef the da~ of poblicallon of ~his
Minim mm~ not substantially complied
mMt, md an aciion/sdit or procecdthg
mMtb mmtt~ days citer the publication
d*dd,* Negce, or such obligations wnm
mdmbud in violation of thc provisions
d b emmlmtion.
Bil~O RF.~OLUTION OF THE
TOWN OF $OWITIOLD, NEW
~ ADOPTED NOVEMBER
~ OF Sam,mo FOR ~
l~glll~gLD SOLID WASTE
MANAGEMENT DISTRICT, IN
lNG TI~ IS~UAN~ OF $200,000
SER/AL BONDS OF SAID TOWN
TO FlNANC~ SAID APPROPRIA-
TION.
WHEREAS, the Town Board of the
town of Sonthold (herein called the
tindy), in the County of Suffolk, New
York, actins o~ belud~ of the So~hoid
Solid Was~ ~&t Dimia (here-
in called the "District"), in the Town,
has heretofore determined to ~
pablic hanri~ duly cali~ an4 held, the
the P. asolufion and Order After Public
it is in the pabllc interest to so increase
and ordered die (i) construction of a new
scale house at the asfimst.d maximum
mst of $40,000 and (ti) acquisition of
imum c~t of $160~000;,
RESOLVED BY THE TOWN
BOARD OF THE TOWN OF
SOUTHOLD, IN THE COUNTY OF
vorab~ votu of not hem then two-a~ds
of all the membere of said Boaxd) AS
S~ 1. The Town hereby ap-
~ ~,md in~mnm~at of facili-
tte~ of ~1~ D~iot com~ of (i) con.
estimated m~imum ~st of ~0,~
and, (ii) a~uisition of ~fious equip-
$1~,~, heretofore an~o~d pur-
~t ~ ~e ~intion ~d O~r~r
~b~c H~ng ~fe~ to ~ thc R~
he~of. ~e est~ated tend ~t of aid
s~c ~je~ ~ pu~ including
p~lJm~ c~ ~d ~ inddenml
· e~to ~d ~ ~ ~ ~c~f, ~
S2~,~. ~e plan of financing
hcin~ ~e ~ of n~ to ex~d
finan~ ~d a~mpri~on and such
~ ~d, l~iM ~d ~ll~ ~m
~ ~nd Io~ nd ~ of lad
runner p~i~ by hw, ~t if n~ ~d
t~ ~ of ~ M ~o~ ~
on ~d ~
~ 2. ~ ~ of ~e T~
~ ~by an~ to ~ ~ ~ ~
p~ ~o~t of $~,~ pu~t
m ~ p~i~ of ~ ~ Finn~
~H~d ~ of ~ S~ of N~
Yo~ ~ ~lM "hw"), tu ~
~on 3. ~ foll~ng M~tin~
~cl~d:
(a) It is ~by da~ ~at ~
~c ~j~ Of ~ for which (i)
yearn ~d (ii) $160,~ ptin~l
Hmi~fio~ of ~ 11.~ ~ ~. of ~e
su~d nd ~y ~d n~on
n~es iuued ~ nllci~tion of ~d
~ my ~ ~ to ~ ~
e~ ~ of ~ ~ ~r ~
~. ~e fo~goins ~tumcnt of in~t
~ ~o~ wi~ T~ R~afion
~on 1.~2 of ~ U~d S~t~
siate and local laws and regulations
regarding environmental matters,
incind~ compliance with the New
York State Environmental Quality
Review Act, comprising Article 8 of the
Environmental Conservation Law as
related to the impact that the increase
and improvement of facilities for the
District may have on the environment
and, on the basis of such consideration
and review, the Town Board has deter-
mined that no substantial adverse envi-
ronmentel impact will be caused there-
by.
Section 4. Each of thc bonds au-
thorized by this resolution and any bond
anticipation notes issued in anticipation
of sald bonds shsil contain thc re~tal of
validity presafibed by Seotinn 52.00 of
mued in anticipation said bonda, shall
be general obligations of the Tov~
payable as to both principal and interest
by a gap. end tax upon all the taxable resi
property within the Town without limi-
tetion as to rate or amount. The faith and
credit of the Town are herchy irrevoca.
bly pledged to the punctual paymcot of
the principal of and interest on said
bonds and any notes issued in antic-
ip..~n of die sale of said bonds and pro.
vmon shall be made annually in die
budget of the Town by appropriation for
(a) the amortization and redemption of
the bonds and any notes issued in antici-
pation thereof to mature in such year
and (b) the paymant of interest to be due
and payable in such year.
Set,on 5. Subject to the provisions
of this resolution and of the Law and
pmanant to the provisions of Section
21.00 relative to the anthorizntion of the
issuance of bonds having substantially
level or dscllding annual debt se~ice,
Section 30.00 relative to thc authotiza.
tion of the issuance of bond anticipation
notes, and Section 50.00 and Sections
56.00 to ~0.00 of thc Law, the powers
and duties of the 'Ibwn Board relative to
authorizing bond anticipation notes and
prescribing their terms, form and con-
tents and as to the sale and issuance of
the bonds heroin authorized, and any
other bonds heretofore or hereafter
anthorized, and of any bond anticipation
notes issued in anticipation of said'
bonds, and the renewals of said bond
anticipation notes, are hereby delegated
to the Supervisor, the chief fiscal officer
of the Town.
authorized by this resdiutinn, and of any
notes issued in anticipation of said
bonds, may be contested only if:
(a) such ob!igutions are anthoftmd
for an object Of purpace fog whlch the
Town is not authorined to expend
money, of
(b) thc 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 con-
testing such validity, is commenced
within twenty days ulcer the date of such
publication, or
(c) such obligations are authorized
in violation of th~ provisions of thc
constitution.
Section 7. This resolution shall talcc
effect irm-andintely.
1224-1TN20
td that the Notice of which
ted copy, has been
~cwspaper once each weck
~cessiyely, ~ommencin~ on
4Or gq7
Principal Clerk
~ MAEY DIANA FOSTER _
NOTARY PU~LtC, SIAIE OF NEW ¥ORI~
NO. 52-46S5242, SUFFOL.K~OUNTf.
COMMISSION ~PIRES AUGU¢ 31, 19 ~
which the TOWN OF
in the County of Suffolk,
, is not suthorized to expend
~IMlilcetion of this Notice were not
~ly complied with, and an
~iillll or proceeding contesting such
~ ~l commenced within twenty
~ the publication of ~ Notice,
el I~:l~ligafions were authorlzcd in
Vill~M/m~ thc provisions of the constitu-
JUDITH T. TERRY
~bwn Clerk
~ RESOLUTION OF THE
,~ OF SOUTHOLD, NEW
· ~ ~ ADOPTED OCTOBER 28,
~VT, APPROPRIATING THE
~ OF $200,000 FOR THE
*tlII~SE AND IMPROVEMENT
~t* FACILITIES OF THE
~ _~*d_. OLD SOLID WASTE
~EMENT DIST~UCr,
~V~, AND AtrmOPdZ~
_~I~I~UANCE OF $200 060 SERL
-~S OF SAID TOWN TO
~ SAID APPROPRIATION.
~, thc Town Board of the
~" and the '"Ibwn', req~c-
~ County of Suffolk4 New
MM~ I~ on behalf of thc Scothuld
~ll[~[lll~ Mauagument Distlint (herein
culle~ .the 'Disui~'), in thc Town, has
heretofore determined to increase and im-
iwove the facilities of the Dis~ct es
inafler dsactibed and~ after a public hear.
in& dciy called and held, the Town Board
has determined, pursuant to the
Resolution and Order After. Public
Hearil~ duly adopted on this date, that it
is in ~ public interest to so thcrease and
impmva the facilities of the District and
ordered the (i) consUuctiou of a flew scale
hmae at the estimated maximum cost of
$40,000 and (ii) a~qulaltion of various
equipment at thc estimated maximum
co~t of $160,600; Now, therefore, be it
RESOLVED BY THE TOWN
BOARD OF THE TOWN OF
SOUTItOLD, IN THE COUNTY OF
SUFFOLK, NEW YORK (by the fa-
vorable vote of not less than two-thkds of
all the members of said Board) AS FOL-
LOWS:
Section 1. The Town hereby ap-
propriates the amount of $260,000 for thc
increase and improvement of facilities of
the Disa'im consisting of (i) construction
of a new scale house at the estimated
maximum cost of $40;000 and, (il) suqul.
sition of various equipment at the estimat-
ed maximum cost of $160,000, heretofore
autbofized pursuant Io the Resolution and
Order After Public Hearing refcncd to in
the Recital hereof. The estimated torsi
cost of said specific objects or puq~ses,
ineludi~ preliminary costs and costs
incidental thereto and to the financing
thereof, is $200,000. Thc plan of financ-
ins includes the issuance of not to exceed
$200,000 scriul bonds of the TOVm to
finance said appropriation and such
amount, inuledin8 installments of ptinci-
pal and interest on such bonds, shall be
assessed, kvied and collected from thc
from such source, all the taxable properly
within said Town shah be subject to the
levy of an ad valorem tax, without limita-
tion as to rste or amount, sufficient to pay
thc principal of and intersat on said
Sectinn 2. Sedul bonds of thc Town are
hereby antbodzed to be issued in the prin.
cipal amount of $200,000 pursuant to the
provisions of the Local Finance Law,
constituting Chapter 33-a of the
Consolidated Laws of the Stats of New
York (herein called "Law"), to-finance
said appropriation.
Section 3. The following additional
matters are hereby determined and
dsciered:
(a) It is hereby determined that the
par/ed of probable usefulness of the spe-
cific object or purpose for which (i)
$40,000 principal amount of said
$200,000 serial bonds arc anthorized to
bc issued, within the limitations of
Section 11.60 a.$$ of the Law is five ($)
STATE OF NEW YORK]
suant to the previsions of Section 21.00 SS:
relative to the authorization of the
issuance of bonds having substantially , ,
level or daelininE--ual dshi service, ~[_[~
Seaion 30.00 relative to the suthofizatico f Mattituck, in
of the issuance of bond anticipation notes,
andseaico~0.00andSecaans$6.00and ir sworn, says that he/she
60.00 of the Law, the powers and duties THE SUFFOLK TIMES, a
of the Town Board relative to suthotizing
bond anticipation nines and p~thing tblished at Mattituck, in
their terms, form and ootoents and es to [, County of Suffolk and
thc sale and issuance of the bonds herein
anthmized,/nd any other bon~ harem- [ that the Notice of which
fore or hereafter authorized, ned Of any
..bo.nd .anticipation notes issued in an- :d copy, has been regular-
tictpatma of said bonds, and the renewals ~ _ _
of said bond anticipation notes, m'e here- .wspaper once eaCH week
by delegated to the Supervisor, the chief :esslvelv, commencing' on
fmcel officer of thc Town, ~ ~ / "'/~""1 --
Seceon ti. 'ne v~idlty of the bonds ~(.~'~ 19~_..~.
uathodzed by this resolution, and of any
notes issued in anticipation of said bon~,
may be contested only if:
(a) such obligations are authorized ~/~ ~ /~
for an ubjcct or pm'pose fur whiab the ,, A.~ L.J~ ~/~ t,~ )~- ~ ~ i)(~
Town is not authorized to expend
money, or Principal Clerk
years and (ii) $160,000 principal amount (b) thc previsions of law which
of said $260,060 serial bonds are antho- should be complied with at the date of
rized to be 'ssued, w'th/n the hmitafions the publication of such resolution a~
of Section 11.60 a. 28. of the Law, is five not substantially complied with,
($) years, and an action, suit or proceeding con-
(b) The proceeds of the bonds herein testing such validity, is commenced with-
authorized and any bond anticipation in twenty dsys after thc date of such pub-
notes hsued in anticipation of said bonds llcailon, or
may he applied to reimburse the Town for (c) such ubligations a~e authorized
expenditures made after the effective date in violation of the previsions of thc
which said bonds are authorized. Thc Section 7. This tesointinn shaft take
foresothg statement of intent with respect effect immediately.
to reimbursement is made in conformity 1197-1TN6
with Treasury Regulation Section 1.150-2
of thc United Ststes Treasury Department.
(c) The Town Board has duly consid-
ered and reviewed all applicable fadsral,
stats and local lav~s and regulations
regarding cnvirenmcntal matters, includ-
ing compliance with the New York Stats
Envirenmcntal Ouality Review Act, corn*
prising Article 8of the environmental
Consurvatinn Law as sainted to thc impaa
that the increase and improvement of
facilities for the Dis~ct may have on the
environment and, on the basis of such
considsration and review, the Town Board
has determined that no substantial adverse
environmental impact will be caused
thereby.
Section 4. Each of the bonds an-
thorized by this resolution and any bond
anticipation notes issued in anticipation
of said bonds shall contain the recital of
validity prescdhed by Section 52.00 of
the Law and said bonds, and any notes
issued in suficipailou said bonds, shall he
general ob~gatinrm of the Town, payable
as to both principal and interest by a gan-
ersl tax upon all the taxable real propen'y
within the Town without limitation as to
rate or amount. The faith and credit of the
Town a~ hereby irrevocably pledgad 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 roads annu-
ally in thc budget of the Town by appre*
priatinn for (h) the /mottization and
redemption of the bends and any notes
issued in anticipation thereof to mature in
such year and (b)the payment of interest
to be due and payable in such year.
Section ~. Subject to the provisions of
this resolution and of the Law and put-
~ which thc TOWN ON
~, in the County of Suffolk,
~ is not authorized to expend
i~ ~ if ~be provialons of inw wh/ch
.a~,,su [l~/e bson complied with as of the
~'~blicntion of this Notice were not
~l~tlly complied with, and an
~[~it or proceeding conteadng such
is commenced within twenty
s~st the publication of ds Notice,
obligations were authorized, in
vMsgm of the provisions of the consutu-
JUDITH T. TERRY
Town Clerk
~iD RESOLUTION OF THE
~ oF SOUTHOLD, NEW
~ APPROPRIATING THE
~M~.INT OF $200,000 FOR THE
~E AND IMPROVEMENT
FACILITIES OF THE
~I-IOLD SOLID WASTE
~ ~ amd pm~is of land within
i~1 ~ by I~ To. fa ~:~d in tbe
immmm~ im~t~ by inw, inat if not paid
levy of~ ed ~o~m ~, ~out ~ita-
· e principal of ~ inte~st on ~id
bevy a~o~ t0 ~ ~ in ~c pdn-
d~l ~onnt of $~,~ p~t ~ t~
~titoting Chap~r 33-a of the
~d~ ~ws of ~e S~c ~ N~
mntte~ are hereby dete~i~d ~d
(a) It is hereby dete~in~ t~t ~e
~c obj~ ~ ~ for which (i)
~0,~ principal am~nt of said
~ i~ued, within tbe limitations of
~on 11.~ a.35 of ~e ~w is five (~)
ye~ and (ii) S1~,~ p~cipal mount
of~id $~,~ ~l bonds ~ antho-
~d W ~ i~u~, wi!hin ~e limitations
~AGEMBNT DISTRICT, IN
~/~ TOWN, AND AUTHORIZING
THE ISSUANCE OF $200,000 SERI- of Section I1.00 a. 28. of the Law, is five
AL BONDS OF SAID TOWN TO. (5)years.
FINANCE SAID APPROPRIATION. (b) The proceeds of the bonds herein
Recital authorized and soy bond anticipation
WHEREAS, thc Town Board of the notes issued in anticipation of said bonds
town of Southuld (herein called the may be applied tu ralmburse the Town for
~ Board" and the "Town", respec- expenditures made after thc effective date
of this resolution for the pod(me for
winch said bonds are authbfized. The
fo~oin8 statement of intent with respect
to ralmbu~sumsot is mede in conformity
with Treasury Rega¼tion Section 1.150-2
of the United States Treasm'y Department.
(c) The Town Board tins duly consid-
ered and reviewed all applicable federal,
state and local laws and regulations
regardin~ anviwnmcotal matters, inciud-
in~ compliance with the New York State
Environmental Quality Review Act, com-
prising A~icie 8 of the environmental
Conservation Law as tainted to the impact
that thc increase and improvement of
facilities for thc Distriot may have on the
cnviwnmeot and, on thc basis of such
ce~slderadon and review, the Town Board
has determined that no substantial adverse
environmental impact will be caused
thereby.
Section 4. Each of the bonds au-
thorized by this resolution and any bond
anfidpntinn notes is.sued in soticipation
of said bonds shall contain thc recital of
valldity~'prescribed by Section 52.00 of
the Law and said bonds, and soy notes
issued in soticipation said bonds, shall be
ganaral obligations of thc Town, payable
as to both principal and interest by a
end tax upon all the taxable real property
within the Town without limitation as to
rate or amount. The fa/ih and credit of the
Town are hereby irrevocably pledged to
the punctual payment of the principal of
and interest on said bonds and soy notes
issued in soticipntico of the sale of said
bonds sod provis/co shall be m~de annu.
ally in the budget of the Town by appw-
pdation for (a) the amortization and
redemption of the bonds and any notes
issued in sotidpation thereof to mature in
such year and (b) the payment of intemnt
to be due and pa~yable in such year.
Section 5. Subject to the provisions
this resulution and of the Law and put-
tivaly), in~li~Cconty of Suffolk, New
york, act~ on belialf.of thc Southold
Solid Waste Man~ement ~ (herein
beretofo~e detemiined to increase sod im-
prova the fadlifias of the District as bere-
inaftor desm~cod sod, after a public hear-
lng duly c~ed and held, the Town Board
has determined, pursuant to the
Resolution and Ord/t After Public
Hso~ing drdy adppted on this date, that it
is in the public interest to so increase and
improve the ~cliiflce of thc Distfiot and
ordered thc (i) comtmction of a new scale
house at the astimoted maximum cost of
$40,000 and (fi) acquisition of various
equipment at the estimated maximum
cost of $100,000; Now, therefore, be it
RESOLVED BY THE TOWN
BOARD OF THE TOWN OF
SOUTHOLD, IN THE COUNTY OF
SUFFOLK, NEW YORK (by the fa-
vorain~ vote of not le/s than two-thirds of
all the members of sa/d Board) AS FOL-
Lows:
Section 1. The Town hereby ap-
propriates the mount of $200,000 for the
incense sod improvement of facilities of
the District consisting of (i) construction
of a new scal~ house at the estimated
maximum cost of $40,000 and, (ii) acqu/-
sition of various equipment at the estimat-
ed maximum cost of $160,000, heretofore
authorized pursuant to the Resolution sod
Order After Public Hearing referred to in
the Recital hereof. The estimated to~
cost of said specific objects or purposes,
iocluthn~ preliminary costa and costa
incidental thereto sod to the financing
thereof, is $200,000. The plan of financ-
ing includes the issuance of not to exceed
$200,000 serial bonds of the TO~n to
finance said appropriation sod such
amount, incinding installments of princi-
pal and interest on such bonds, shall be
assessed, levied sod colleOed from the
STATE OF NE'x /ORK)
) SS:
suant to the pmvisiov, s of Section 21.00
relative to the authorization of the ~.~C
issuance of bonds having substantially _~ ~ ~__~ of Mattltuck, i:
level or declining annual debt ~ervice,
Section 30.00 relative to the anthofization 8worn, ~ty8 that he/ah
of the issuance of bond antidpctico notes, ~E SUFFOLK TIMES,
and Section 50.00 sod Seotinn~ 56.00 sod '*
60.00of the Law, the powers and duties lished at Mnttituck, i:
of the Town En~rd relative to authorizing
bond anticipation notes and l~esoribins
tbeir tanns, form nnd contents and as to
the sale and issuance of the bonds herein
authorized, and soy other bonds hereto.
fore or hereafter authorized, sod of any
bond soticipadon notes issued ~in an-
ticipation of said bonds, and the renewals
of said bond soticipation noteS, ate beta.
by d/Ingtaed to the Supervisor, the chief
fiscal officer of the Town.
Section 6.,The validity of thc bonds
County of Suffolk an
hat the Notice of whic
copy, has been regulm
,spaper once each wee
~sively, llommencing o:
authotized by this resolution, and of any
notes issued in soticipation of said bonds, ~.j~ l~.li[(~
may be contested only if:
(a) such obligations a~ authorized
for so object or pulposc for which thc Principal Clerk
Town is not authorized to expend
· money, or
(b) thc provisions of law which
shbuld be complied with at the date of ~ff~
the publication of such resolution ate /~)
not substantially complied with,
and an action, suit or proceeding con- '~
t~sting such validity, is commenced with-
in twen y days after the date of such pub- ~R¥ D ~N~ ~ 1~ '~
llcatton, or I'~RYiU8 tO,~t~/l:I1 N /L.~
(c) such ob gat OhS ara anthortzcd /-~ ~,~ 4~,~2~ S Jftl3l~ ~t)~~lt*
in vlolauon of the pmwmons of thc ([~l$~,i0N ~X ~ f/f.$ ~UL~tJS. 3~,
conslitufion.
Scotion 7. This resolution shall talcc
effect immediately.
1197-1~*q6
EXTRACT OF MINUTES
Meeting of the Town Board of the
Town of Southold, in the
County of Suffolk, New York
October 28, 1997
A regular 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, in said Town, on
October 28, 1997, at 5:00 o'clock P.M. (Prevailing Time)
There were present: Hon. Jean W. Cochran, Supervisor;
and
Councilpersons: Alice J. Hussie
Joseph L. Townsend, Jr.
Ruth D. Oliva
Louisa P. Evans
William D. Moore
There were absent: None
Also present: Judith T. Terry, Town Clerk
Laury L. Dowd, Town Attorney
The Town Clerk stated that a public hearing had been
called for this meeting at the Town Hall, 53095 Main Road,
Southold, New York, in said Town, at 5:00 o'clock P.M.
(Prevailing Time), to consider the increase and improvement of
facilities of the Southold Solid Waste Management District, in
184200.1 018146 RE~
the Town of Southold, consisting of (i) construction of a new
scale house at the estimated maximum cost of $40,000 and (ii)
acquisition of various equipment at the estimated maximum cost of
$160,000, and to hear all persons interested in the subject
thereof concerning the same and for such other action on the part
of the Tow~ Board with relation thereto as may be required by
law. The Town Clerk read, in full, the notice calling said
public hearing and presented affidavits showing that certified
copies of said notice had been duly published and posted pursuant
to the provisions of Article 12 of the Town Law.
The Supervisor stated that the hearing in the said
matter was now open and asked if there were any interested
persons present who desired to be heard. The following persons
appeared in favor of the increase and improvement of facilities
of the Southold Solid Waste Management District:
No one.
The following persons appeared in opposition to said
increase and improvement of facilities of the Southold Solid
Waste Management District:
No one.
The Town Clerk reported that the following pertinent
communications had been received:
None.
meeting.
The Town Clerk then read such communications to the
The Supervisor inquired as to whether there were any
other persons present who wished to be heard. No one appeared,
whereupon the Supervisor declared the public hearing closed.
On motion of CouncHwoman Hussie , duly seconded
by Justice Evans , the following Resolution and Order
After Public Hearing was duly declared adopted on the following
roll call vote:
AYES:
Supervisor Cochran, Councilwoman
Townsend, Councilwoman Oliva,
Councilman Moore.
Hussie, Councilman
Justice Evans,
NOES: None.
A regular meeting of the Town
Board of the Town of Southold,
in the County of Suffolk, New
York, was held at the Town
Hall, 53095 Main Road,
Southold, in said Town, on the
2$th day of October, 1997.
PRESENT:
Hon. Jean W. Cochran, Supervisor
William Moore, Councilperson
Louisa Evans, Justice
Alice Hussie, Councilperson
Ruth Oliva, Councilperson
Joseph Townsend, Councilperson
In the Matter
of the
Increase and improvement of facilities for
the Southold Solid Waste Management District,
in the Town of Southold, in the County of
Suffolk, New York, pursuant to Section 202-b
of the Town Law.
RESOLUTION AND
ORDER AFTER PUBLIC
HEARING
WHEREAS, the Town Board of the Town of Southold (herein
called "Town Board" and "Town", respectively), in the County of
Suffolk, New York, on behalf of Southold Solid Waste Management
District, in the Town (herein called "District"), has requested
the increase and improvement of facilities of the District, as
hereinafter described, at the estimated cost of $200,000; and
WHEREAS, pursuant to the Order Calling Public Hearing
adopted September 30, 1997, a public hearing was duly called and
1~4200. I 018146 RES
held by the Town Board on the 28th day of October, 1997 at 5:00
o'clock P.M. (Prevailing Time) at the Town Hall, 53095 Main Road,
Southold, New York, in the Town, and considerable discussion on
the matter has been had and all persons desiring to be heard have
been heard, including those in favor of and those in opposition
to said increase and improvement of facilities of the Southold
Solid Waste Management District; and
WHEREAS, the Town Board has duly considered and
reviewed all applicable federal, state and local laws and
regulations regarding environmental matters, including compliance
with the New York State Environmental Quality Review Act,
comprising Article 8 of the Environmental Conservation Law, as
related to the impact that the increase and improvement of
facilities of the District may have on the environment and, on
the basis of such consideration and review, the Town Board has
determined that no substantial adverse environmental impact will
be caused thereby;
NOW, THEREFORE, on the basis of the information given
at such hearing, it is hereby
DETERMINED, that it is in the public interest to
increase and improve the facilities of the District by (i)
construction of a new scale house at the estimated maximum cost
of $40,000 and, (ii) acquisition of various equipment for use in
and for the District at the estimated maximum cost of $160,000,
as hereinabove referred to, the estimated total cost thereof not
to exceed $200,000; and it is hereby
1~4200.1 018146 !~
ORDERED, that the facilities of the District shall be
so increased and improved and that such new scale house shall be
constructed and such equipment shall be acquired and, further,
that the Engineer heretofore retained by the Town Board shall
prepare specifications and make careful estimates of the expense
of said increase and improvement of the facilities and, with the
assistance of the Town Attorney, prepare a proposed contract or
contracts for the construction of such new scale house and the
acquisition of such equipment, which specifications, estimate and
proposed contract(s) shall be presented to the Town Board as soon
as possible; and it is hereby
FURTHER ORDERED, that the expense of so increasing and
improving such facilities shall be financed by the issuance of
not to exceed $200,000 serial bonds of the Town, and the costs
thereof, including payment of principal of and interest on said
bonds, shall be assessed, levied and collected from the several
lots and parcels of land within said District by the Town Board
in the manner provided by law, but if not paid from such source,
all the taxable property within said Town shall be subject to the
levy of an ad valorem tax, without limitation as to rate or
amount,
bonds;
sufficient to pay the principal of and interest on said
and it is hereby
FURTHER ORDERED, that the Town Clerk record a certified
copy of this Resolution and Order After Public Hearing in the
office of the Clerk of Suffolk County within ten (10) days after
adoption hereof.
DATED: OCTOBER 28, 1997
(SEAL)
TOWN BOARD OF THE TOWN OF SOUTHOLD
Jean W. Cochran
///~upervis°r
l/' ' W~l'liam D. Moore
Councilperson
Louisa P. Evans
Justice
Alice tJ. Hussie
Coun~ilperson
Ruth D. Oliva
Counc±lperson
/Joseph L. Townsend,'Jr.
Councilperson
Members of the Town Board of the Town of
Southold, New York
184200.1 018146 RES
Justice Evans
and moved its adoption:
offered the following resolution
194200.1 015146
BOND RESOLUTION OF THE TOWN OF SOUTHOLD, NEW YORK,
ADOPTED OCTOBER 28, 1997, APPROPRIATING THE AMOUNT
OF $200,000 FOR THE INCREASE AND IMPROVEMENT OF
FACILITIES OF THE SOUTHOLD SOLID WASTE MANAGEMENT
DISTRICT, IN SAID TOWN, AND AUTHORIZING THE
ISSUANCE OF $200,000 SERIAL BONDS OF SAID TOWN TO
FINANCE SAID APPROPRIATION.
Recital
WHEREAS, the Town Board of the Town of Southold (herein
called the "Town Board" and the "Town", respectively), in the
County of Suffolk, New York, acting on behalf of the Southold
Solid Waste Management District (herein called the "District"),
in the Town, has heretofore determined to increase and improve
the facilities of the District as hereinafter described and,
after a public hearing duly called and held, the Town Board has
determined, pursuant to the Resolution and Order After Public
Hearing duly adopted on this date, that it is in the public
interest to so increase and improve the facilities of the
District and ordered the (i) construction of a new scale house at
the estimated maximum cost of $40,000 and (ii) acquisition of
various equipment at the estimated maximum cost of $160,000;
Now, therefore, be it
RESOLVED BY THE TOWN BOARD OF THE TOWN OF SOUTHOLD, IN
THE COUNTY OF SUFFOLK, NEW YORK (by the favorable vote of not
less than two-thirds of all the members of said Board) AS FOLLOWS:
Section 1. The Town hereby appropriates the amount of
$200,000 for the increase and improvement of facilities of the
District consisting of (i) construction of a new scale house at
the estimated maximum cost of $40,000 and, (ii) acquisition of
various equipment at the estimated maximum cost of $160,000,
heretofore authorized pursuant to the Resolution and Order After
Public Hearing referred to in the Recital hereof. The estimated
total cost of said specific objects or purposes, including
preliminary costs and costs incidental thereto and to the
financing thereof, is $200,000. The plan of financing includes
the issuance of not to exceed $200,000 serial bonds of the Town
to finance said appropriation and such amount, including
installments of principal and interest on such bonds, shall be
assessed, levied and collected from the several lots and parcels
of land within said District by the Town Board in the manner
provided by law, but if not paid from such source, all the
taxable property within said Town shall be subject to the levy of
an ad valorem tax, without limitation as to rate or amount,
sufficient to pay the principal of and interest on said bonds.
Section 2. Serial bonds of the Town are hereby
authorized to be issued in the principal amount of $200,000
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:
184200.1 018146 RES
(a) It is hereby determined that the period of
probable usefulness of the specific object or purpose for which
(i) $40,000 principal amount of said $200,000 serial bonds are
authorized to be issued, within the limitations of Section 11.00
a.35 of the Law is five (5) years and (ii) $160,000 principal
amount of said $200,000 serial bonds are authorized to be issued,
within the limitations of Section 11.00 a. 28. of the Law, is
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 has duly considered and reviewed
all applicable federal, state and local laws and regulations
regarding environmental matters, including compliance with the
New York State Environmental Quality Review Act, comprising
Article 8 of the Environmental Conservation Law as related to the
impact that the increase and improvement of facilities for the
District may have on the environment and, on the basis of such
consideration and review, the Town Board has determined that no
substantial adverse environmental impact will be caused thereby.
194200.1 018146 RES
Section 4. Each of the bonds authorized by this
resolution and any bond anticipation notes issued in anticipation
of said bonds shall contain the recital of validity prescribed by
Section 52.00 of the Law and said bonds, and any notes issued in
anticipation said bonds, shall be general obligations of the
Town, payable as to both principal and interest by a general tax
upon all the taxable real property within the Town without
limitation as to 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 issued
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 having 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 of the Law, the powers and duties of the
Town Board relative to authorizing bond anticipation notes and
prescribing their 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
1~2(~0.1 01g146 RES
notes issued in anticipation of said bonds, and the renewals of
said bond anticipation notes, 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 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 the date of such publication,
or
(c) such obligations are authorized in violation of the
provisions of the constitution.
Section 7.
immediately.
This resolution shall take effect
The adoption of the foregoing resolution was seconded
byCounciIwoman Hussie and duly put to a vote on roll call, which
resulted as follows:
AYES:
Supervisor Cochran, Councilwoman Hussie,
Councilman Townsend, Councilwoman Oliva, Justice
Evans, Councilman Moore.
NOES: None.
The resolution was declared adopted.
***
Justice Evans
resolution and moved its adoption:
offered the following
184200.1 01g146 RE~
RESOLVED BY THE TOWN BOARD OF THE TOWN OF SOUTHOLD, IN
THE COUNTY OF SUFFOLK, NEW YORK, AS FOLLOWS:
Section 1. The Town Clerk is hereby directed to
publish the foregoing bond resolution, in full, in "THE SUFFOLK
TIMES," a newspaper published in Southold, New York, and having a
general circulation in said Town, which newspaper is hereby
designated as the official newspaper of the Town for such
publication, together with the Town Clerk's statutory notice in
the form prescribed by Section 81.00 of the Local Finance Law of
the State of New York.
Section 2.
immediately.
by
call,
This resolution shall take effect
The adoption of the foregoing resolution was
Councilwoman Hussie
which resulted as follows:
AYES: Supervisor Cochran, Councilwoman
Townsend, Councilwoman Oliva,
Councilman Moore.
seconded
and duly put to a vote on roll
Hussie, Councilman
Justice Evans,
NOES: None.
The resolution was declared adopted.
1 g4200.1 018146
CERTIFICATE
I, JUDITH T. TERRY, Town Clerk of the Town of Southold,
in the County of Suffolk, New York, HEREBY CERTIFY that the
foregoing annexed extract from the minutes of a meeting of the
Town Board of said Town, duly called and held on October 28, 1997
has been compared by me with the original minutes as officially
recorded in my office in the Minute Book of said To~rn 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 this 30th day of October,
1997.
(SEAL)
Town Clerk
~ ~ Mo~e, Coundlperson
nalh Onyx, Counc~tperson
In the Mnner
of the
Id the ~uthold Solid Was~
Mlml~ement District in the Town
~suslmd, in the County of Sut~lk, Nsw
~ Law.
ORDER CALLING
PUBLIC HEARING
TO BE HELD ON
~ of Sovthold (herein called "Tm~
~' and "Towa', req~cctively),
~Coumy of Suffolk, New ¥odc~
of the Southold Solid ~
ii. ed and now ex.ag in the Teem
(he~eLq called "District"), has deter-
ities e~ the Dh~r/ct, consisting of (i) coho
sm~i0n of a new scale house at the esfi~
nuaed maximum cost of $40,000 and (ii)
acquisition of various equipment at the
Now, therefore, be it
ORDERED, Ihat a meeting of the
Tow~ Board of the Town be held a thc
Town Hall, Somhold, New York, ia t~e
at $:00 o'clock P.M. (Prevailing Time)
to comider said inawse and improve-
mere of facilities at the estimated maxi-
mum~cost of $200,000 and to hear all
coaceming the same and for such other
acfi0a on the pan of the Town Beard
with ~elafion the~o as ma), be requbed
· bylaw andbeit.
FURTHER ORDERED, thai the
Town Clerk publish at least once in
~rHE SUFFOLK TIMES,~ a
paper publisled bt M~tuck, New York.,
newspaper of the Town for such publl-
cation, nd p~t on lhe si~q bo~d of the
Town maintained pursuant to subdivi-
sion 6 of Section ~0 of the Town Law, n
copy of this Order, certi~ed by said
Town C~etk, the ~ publication th¢~r~f
(10) nm mote ~an twenty (20) days ~e*
TOWN BOARD OF THE
TOWN OF SOUTHOLD
ST~I*E OF NEW YORK )
COUNTY OF SUFFOLK )
1, JUDITH T. TERRY, Town Clerk of
~he Town of Somhold, in tl~ County of
Sutfol~ N~w yo~k, DO HEREBY
iu~ Order Callin~ Public Heating with
the o~inal Ihereof filed in my ot~ce on
IN WfI*NESS WI~T~REOF, I have
STATE OF NEV~ .ORK)
) SS:
~d Co~, bel~ d~y s~m, sa~ ~at he/she
is Principal Clerk of THE S~FOLK TI~, a
Wee~y Newspa~r, published at Mattituck, in
the To~ of Southold, County of Suffolk and
State of New York, and ~at the Notice of which
~e ~exed ~ a p~ted copy, h~ been ~-
ly p~lished in said Newspaper once ea~ week
~r ~ weeks ~c~Aqi~ely, ~o~enci~ on
~e ~day of~9~
Principal Clerk
Sworn to bf~ore me this c~d L~.
(' _ day of (Jf~. 10 ~:~
MA? DIANA FOSTER
~OTARY Pb~t]C, S}ATE OF NE~ YORK
NO S~-:'+6552~2 SUFFOtK cOUNTY