HomeMy WebLinkAboutStump Buster EXTP, ACT OF MINUTES
Meeting of the Town Board of
the Town of Southold,
in the County of Suffolk, New York
August 24, 1993
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, on August 24,
1993 at 7:30 o'clock P.M. (Prevailing Time).
There were present: Hon. Scott L. Harris, Supervisor; and
Board Members: Justice Raymond W. Edwards
Councilman George L. Penny IV
Councilman Thomas H. Wickham
Councilwoman Alice J. Hussie
There were absent: Councilman Joseph J. Lizewski
Also present:
Judith T. Terry, Town Clerk
Matthew G. Kiernan, Assistant Town Attorney
Councilman Penny
offered the following
resolution and moved its adoption:
40614.1
BOND RESOLUTION OF THE TOWN OF SOUTHOLD, NEW YORK,
ADOPTED AUGUST 24, 1993, AUTHORIZING THE PURCHASE OF A
STUMP BUSTER FOR USE BY SAID TOWN, STATING THE ESTIMATED
MAXIMUM COST THEREOF IS $13,900, APPROPRIATING SAID
AMOD-NT THEREFOR AND ALVI~{ORIZING THE ISSUANCE OF $13,900
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:
Suffolk,
Section 1. The Town of Southold, in the County of
New York (herein called "Town"), is hereby authorized to
purchase a stump buster for use by said Town. The estimated total
cost of said specific object or purpose, including preliminary
costs and costs incidental thereto and to the financing thereof, is
$13,900 and said amount is hereby appropriated therefor. The plan
of financing includes the issuance of $13,900 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 $13,900, 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 of said specific
object or purpose for which said $13,900 serial bonds authorized
pursuant to this resolution are 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 or purposes for
which said bonds are authorized. The foregoing statement of intent
with respect to reimbursement is made in conformity with Treasury
Regulation Section 1.103-18 of the United States Treasury
Department.
(c) The proposed maturity of the bonds authorized by
this resolution will not 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 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 30.00
relative to the authorization of the issuance of bond anticipation
notes and of 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 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, 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
com~enced 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
ir~mediately and the Town Clerk is hereby authorized and directed to
publish the foregoing resolution, in full, together with a Notice
attached in substantially the form prescribed by §81.00 of the Law
in "THE LONG ISLAND TRAVELER-WATC~V~N," a newspaper published in
Southold, New York, having a general circulation in the Town and
hereby designated the official newspaper of said Town for such
publication.
The adoption of the foregoing resolution was seconded by
Justice Edwards
resulted as follows:
AYES:
and duly put to a vote on roll call, which
Supervisor Harris, Justice Edwards, Councilman Penny,
Councilwoman Hussie.
NOES: Councilman Wickham.
The resolution was declared adopted.
CERTIFICATE
I, JUDITH T. TERRY, Town Clerk of the TOE of Southold,
in the County of Suffolk, State of New York, HEREBY CERTIFY that
the foregoin9 annexed extract from the minutes of a meetin9 of the
Town Board of said To~rn of $outhold duly called and held on August
24, 1993, 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 24th day of
August, 1993.
(SEAL)
Town Clerk
FODITH T. TERRY
TOWN CLERK
REGISTRAR OF VITAL 53~ A~iSTICS
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) 765-1801
PLEASE PUBLISH THE ATTACHED NOTICE, IN ITS ENTIRETY, ON
SEPTEMBER 2. 1993, AND FORWARD TWO (2) AFFIDAVITS OF
PUBLICATION TO JUDITH TERRY, TOWN CLERK, TOWN HALL, MAIN
ROAD, SOUTHOLD, NEW YORK 11971.
Copies to:
The Traveler-Watchman
Town Clerk's Bulletin Board
NOTICE
The resolution published herewith has been adopted on the
24th day of August, 1993, and 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 publication of this Notice, or such obligations were
authorized in violation of the provisions of the constitution.
JUDITH T. TERRY
Town Clerk
BOND RESOLUTION OF THE TOWN OF SOUTHOLD, NEW YORK,
ADOPTED AUGUST 24, 1993, AUTHORIZING THE PURC~5%SE OF A
STUMP BUSTER FOR USE BY SAID TOWN, STATING THE ESTIMATED
MAXIMUM COST THEREOF IS $13,900, APPROPRIATING SAID
AMOUNT THEREFOR AND AUTHORIZING THE ISSUANCE OF $13,900
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
Suffolk, New York
of
(herein called "Town"), is hereby authorized to
purchase a stump buster for use by said Town. The estimated total
cost of said specific object or purpose, including preliminary
costs and costs incidental thereto and to the financing thereof, is
$13,900 and said amount is hereby appropriated therefor. The plan
of financing includes the issuance of $13,900 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 $13,900, 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 of said specific
object or purpose for which said $13,900 serial bonds authorized
pursuant to this resolution are 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 or purposes for
which said bonds are authorized. The foregoing statement of intent
with respect to reimbursement is made in conformity with Treasury
Regulation Section 1.103-18 of the
Department.
(c) The proposed maturity
this resolution will not exceed five
Section 4. Each of the
United States Treasury
of the bonds authorized by
(5) years.
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 30.00
relative to the authorization of the issuance of bond anticipation
notes and of 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 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, 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
co~maenced 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
imediately and the Town Clerk is hereby authorized and directed to
publish the foregoing resolution, in full, together with a Notice
attached in substantially the form prescribed by §81.00 of the Law
in "THE LONG ISLAND TRAVELER-WATCHMAN," a newspaper published in
Southold, New York, having a general circulation in the Town and
hereby designated the official newspaper of said Town for such
publication.
COUNTY OF SUFFOLK
STA'EEOF NEW YORK
Patricia Wood,' being duly sworn, says that she is the
Editor, o(THE LONG ISLAND TRAVELER-WATCHMAN,
a public newspaper printed at Southoid, in Suffolk County;
and that tile notice of which the annexed is a printed copy,
~a~ heen .puhlisi~ed in said Long Island Traveler-Watchman,,
on,:e each week fo'. ................... / ...... weeks
SLiccessiveJy, comnlenci~lg on the ........ ~-~. ............
d,,,' ol . .~t'i ..
. , 19...,-4.
Notary Public
BARBARA A. SCHNEIDER
'~[AR'( PUBLIC, St.~!e 0[ R~,~ York
· hfied in Sui[mk County
vot~ of not less titan two-
thirds of ~11 the m~mb~rs of
said Town Board) AS
FOLLOWS:.
S~ion 1. ~e ~ of
~u~oid, In ~ ~un~ of
Suffolk, N~ ~rk ~n
~ "~n"), is h~
authori~ to purch~e a
st~ b~ for u~ ~ ~d
~f ~d ~ obj~ or p~-
~o~~ inclu~ ~
~d costs in~dm~
of the bonds aum~ vy
this ~olution wiB not exceed
five (~) yearn
Section 4, Each. of the
bonds authorized Ijy,~this
resolution and any bo~d an-
ticipation notes issued in an-
fidpation of
of vididity ~i/~iJ' '~b~
Sect/on 52.00 of the law and
said bonds and ~ imtes
(b) t~. 1:*~1~ of law
W~i~h' sbo~ld be ~m~Ue~
6bn.6f m~ ~on ~ not
.~E ~ with,
'~d m-~n,~=~t or pm-
ty ~ ~ ~e da~ of such
pubH~on, or
NOTICE
The ~resolut]t~ published
.here~h~.MSdopted on
the~fo~. Thc plan of fmanc-
in8 includes the issuance of
$13,900 serial bonds of the
tions auth6rim~cby ,such Town to finance said ap-
tions wte aUtl~, for an e -! '.'.~ · the
York, is not anthorized J~t ~-' ~n~i~ of
~ money or 15~ tbe I~-
have been ~ w~h~'of
t~e'date.ofl~ot~thi~s .~uthoiqlbM to ~ iss~.pur-
Locol Finane~ Law, con-.
~ 'or
such valMlt~
within ~y'
~b~on ~ ~*n~ or
such o~i~s w~e
au~o~
sfitutins Chapter 33-a of the
Co~olidated Laws of the
State of New York (herein call-
ed "Law") to finance said
appropriation.
X'~ .T~e.perfmii~ p~bable
THE TOWN OF
SOUTHOLD, NBW YORK, edl~'uant.~ thisAMlution
,ADOPTED AUOUST 24, n_.-~'~,~'~ the
AND AUTHO~X~ Ttm
ISSUANC.~., ~ :$13,900
APPROPRIATION.
THE TOWN OF
SOUTHOLD, IN THE
COUNTY OF ~/FFOLK,
NEW YORK lii~RBBY
RESOLVES (by the favorable
vote of not less than two-
said' Town '.Board) AS
FOLLOWS:. ·
Section l.r The Ibwn of
Southold,.in ~e County of
Suffolk, NeW York (herein
authorize~l to purchase a
~. including, pl~]lmJn~y
and costs incidefit~l~
date of this resolution for the
said bonds are authorized.
The fm~t~ngtfamnant of in~
tent with respect to reimburse-
ment is made in conformity
tion 1.103-18 of the United
of the bonds authorized by
this resolution will not exceed
five (5) years.
Section 4. Each. Of the
bonds authorized..
resolution and any 'bond an-
ticipation notes issued in an-
l.~tiou ~1.00 of tl~ Law and
~id bonds ~t-an~ no~
to both principal and interest
by senend tax upon all ~e tax-
able real property within the
Town without Ihnitation of
r~t~ OT amount. The, fal~ and
c~lit of thc Town are I~reby
ir~vch:ably' pledsed to' the
punctual payn~nt of the prin-
cltxd of and interest on ~d
bonds and any notes isSUed in
anticipation of the sale of said
bonds and provision shah 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 anticipa-
tion 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 fi~ im~bions of Section
30.00 Feintlve to the authoriza-
tibn of the issa~nce of bond
anticipation notes and of Sec-
fion'~SO.00 and Sections 56.00
to 60.00 of the Law, the
puw~ and duties of the Town
bond ant~lpat~on notes and
pre.shins 'th~ tqrms, form
a~d contents and as to the sale
an~l'bsu~u~e of the bonds
~n a6~orized ~nd of any
in anflclp~ ~f said bond~,
an~ tl?¢ rm~ Of-said bond
ant~t~mtti0n n0~es, are hereby
the chief fiscal officer of the
.S~ction 6. The validity of
the bonds ~tuthorized by this
re~OhltiOn and o.f any notes
issued In"antiOpation of the
ride ~f said bonds, may be
conteeted 9nly fi:
. (a) ~uch q_btisadons are
a'~l~iz~t bt an 'ob}~ or
purpose for w~ch the Town is
not authori~d to mpend
money, or
.~). the provisions of law
which sbotgd be complied
vfl~k sit the date of the publica-
tiOn'~f Such.r~utlon are not
~st~y ~)ml~ with,
and an' action,' ~uit or pro-
ty clays after the date of such
publication, or
(c) such obligations are
apt}Mltrized in violation of
;~'~ons of the constitution-
is hereby authorized .and
~ to publish the forego-
ing resolution, in full together
wi~, ~ .~gt~ce attach~l in
~ul~an'.~..y the form
-~.~ ~8Loo of t~
I~LANI~'~I, TRAVEI~ER-
WATCh' a newspape~
published, in, Southoid~ New
desk' the official
newspaP~,,~f said Town for
stroh publiOUion.
IX-9/2/9~(6)