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HomeMy WebLinkAboutTB-08/09/1966MEETING OF AUGUST ~9,' 1966 The-Southold Town Board met at the office,of the Supervisor, Lester~M. Albertson, at 16 South Street, Greenport, New York, on August 9, 1966 with the following present: Supervisor Albertson; Councilman Demarest; Justices Tuthill and Clark; Town Attorney Tasker; Superintendent of Highways Dean and Town Clerk Richmond. Moved by Justice Clark; seconded by Justice Tuthill; RESOLVED: That the minutes of July 26, 1966 be and they hereby are ~pproved. Vote of Town Board: Ayes-Supervisor Albertson; Councilman Demarest; Justices Tuthill and Clark. Moved by Justice Clark; seconded by Justice Tuthi~l; RESOLVED: That the Town Board make it's official visit to Fishers Island, NoYo,on Tuesday, August 23, 1966. The meeting will be called to order at 1:30 P.M.The Supervisor is hereby authorized to provide trans- portation and the boat will leave,Sterling,Harbor at Greenport, N.Y. at 9:00 A.M Vote of Town Board: Ayes-Supervisor Albertson; Councilman Demarest; JusticeS Tuthill and Clark. Moved by Justice Cla~ seconded by Justice Tuthill; RESOLVED: That the reports of Supervisor Albertson, Building Inspector, Bay-Constable, Police and Town Clerk for the month of July be accepted by the Town Board and placed on file. Vote~of Town. Board: Ayes-Supervisor Albertson; Councilman Demares~; Justices Tuthill and Clark.. , , Moved~by-.Councilman Demarest; seconded by Justice Clark; WHEREAS, Marian Council %3852, Knights of 'Columbus, Cutchogue, N.Y. ,applied to the Town Clerk for a Bingo License, and W~REAS, the Town Board has-examined the application and after investig- ation~dui~ made findings and determinations as.required by law, NOW, THEREFORE, BE I~?.RESOLVED: That the Supervisor be and he hereby is authorized and'dire~d to execute on behalf 'of the Town Board the findings and.determinations as required by law, and it is further RESOLVED: That the Town Clerk be and he hereby is directed to issue a Bingo License to the Marian Council %3852, Knights of Columbus, Cutch- ogue, New York~ Vote of Town Board: Ayes~Supervisor Albe~tson; Councilman Demarest; Justices Tuthill and Clark~ , , Moved by Justice Tuthill; seconded by Councilman Demarest; RESOLVED: That the Town Clerk of the Town. of Southold.be and he hereby is directed to request the Long Island Lighting Company to install the following: Four (4) 100 cpoh street lights on NYTCO Poles %2,,4, 10 and 13 on Aquaview Avenue, East Marion, in the East Marion Light District. One (~1) 175 MVOH street light on Route 25 NYTCO Pole ~879 near Penny Lumber-Co., in the East-West Light District,and One (1) 175 MVOH street light and pole on the corner of Cox Neck Road a~d 27A, Mattituck, New York, in the Mattituck Light District. Vote of Town~.Board: Ayes-Supervisor Albertson;.Council~an Demares~; Justices Tuthill and Cla~k. , · Moved b~ Justice Clark; seconded by Justice Tuthill: RESOLVED: That the Supervisor, Lester M. Albert~on, be and he hereby is authorized to advertise for and to purchase from the lowest respons- ible bidder two (2) police car radios and one (1) Walkie-Talkie radio for the Police Department. Vote of Town Board: Ayes-Supervisor Albertson; Councilman Demarest;. JuStices Tuthill and Clark. Moved by Justice Tuthill; seconded by Justice Clark; WHEREAS~ Manufacturere Hanover Trust Company holds in safekeeping for our account $50,000 U.S.T. Notes 4% due November 15, 1966, which are pledged to secure funds of Supervisor, Town of Southold, RESOLVED: That this Town_Board approves-the action of the North Fork Bank and Trust Company to ~exchange these notes for a like amount of U.S.T. Notes 5~% due May 15, 1971 to be. pledged', to secure' funds of~ the Supervisor~, Town~ of Southold. , , Vote of Town Board.: Ayes-Supervisor Albertson; Councilman Demarest~; JuStiCes Tuthill and Cl~k. _ Moved by Justice Tuthill; seconded by Councilman Demarest; RESOLVED: That tbs Southold Town Board approves the. action ~f the Fishers Island Ferry District in granting an increase of $400~00-per~year in~ the annual salary of Ernest J. Bowles, Purser on the M/V Mystic Isle, th~s making an annual salary'~of $5200.00. - Vote of Town Board: Ayes-Supervisor Albertson; Councilman Demarest and Justices Tuthill and Clark. Moved byJustice Clark; seconded by Councilman Demarest; RESOLUTION OF THE TOWN OF SOUTHOLD, NEW YORK,- - ADOPTED AUGUST 9, 1966, APPROPRATING $10,160 FOR - . . ~ THE REDEMPTION, IN PART, OF THE $36,000BOND ANTICIPATION NOTE FOR PURCHASE OF A PAYLOADER~1965' WHEREAS~ the Town of Southold, in the County of~Suffolk, New York, has heretofore duly authorized, sold and issued its $36,000 Bond Anticipation Note For Purchase~of a Payloader-1965, and it is now~ desirable to redeem said Note to the extent of $10,160 from a-source. other than the proceeds of the bonds in anticipation of.which.said Note has been issued; '. NO~ THEREFORE, BE IT. RESOLVED BY THE TOWN BOARD OF THE TOWN OF SOUTHOLD, IN THE COUNTY OF SUFFOLK, NEW YORK, AS FOLLOWS: Section 1. The amount of $10,160 is hereby appropriated from funds now available to said purpose to redeem, in part, on or before. August 12, 1966, the outstanding $36,000 Bond Anticipation Note For ~ur~hase of a Payloader-1965 of the Town of Southold, in the County of Suffolk, New.York, hereinabove referred to in the recital of this reso!ut~on, said funds being a source other than the proceeds of the bonds anticipation of which said Notehas been issued.. ~ Section 2. This resolution shall take effect immediately. Vote'of~Town Board: Ayes-Supervisor Albertson~Councilman Demar~st; Justices Tuthill.and Clark~ Moved by Justice Clark; seconded by Councilman Demarest; BOND ANTICIPATION NOTE RESOLUTION OF THE TOWN OF SOUTHOLD, NEW YORK, ADOPTED AUGUST 9,. 1966, AUTHORIZING THE RENEWAL, IN PART, OF THE $36,000 BOND ANTICIPATION NOTE FOR P%rRCHASE OF A PAYLOADER-1965, BY THE ISSUANCE OFA NEW NOTE. IN THE PRINCIPAL AMOUNT OF $25,840. WHEREAS, ~the Town of Southold, in the County of Suffolk, New York, has heretofore%dUly authorized,~ sold and issued its $36,000 Bond Anticipation Note For Purchas~ of a Payloader-1965 and has dul~,~pprop- riated $10,160 f6r the redemption, in part, of said Note and lit~is now necessary'and desirable to provide for the renewal, in part, of said Note by the issuance of a Note in the principal amount of NOW~THEREFORE,~BE IT, RESOLVED BY THE TOWN BOARD OF THE TOWN-OF SOUTHOLD, IN THE COUNTY OF SUFFOLK, NEW YORK, AS FOLLOWS: Section t. The $36,000 Bond Anticipation Note For Purchase of a Pay- loader-1965 of the Town of Southold, in the County of Suffolk~ New York, dated August~12, 1965, maturing August 12,' 1966, subject to prior'redemptionl numbered 1~ heretofore ~duly authorized, sold an~ issued pursuant to the bond anticipation note resolution duly!adopted by the Town Board on August 10, 1965, is hereby authorized to be ~renew- ed, in part, by the issuance of a new Note i~ the principal amount~Of $25;8~0; the amount of $10,160 having been heretofore duly appropriated from a source other than the proceeds of the bonds in anticipation of which said Note has been issued, to redeem, in part, said Note 291 dated August 12, 1965, all as hereinabove referred to in the recital hereof, pursuant to the provisions of the Local Finance Law, constit- uting Chapter 22-a of the Consolidated Laws of the state of New York. The maturity of said renewal Note herein authorized shall not be later than one year from its date, and said Note may be further re- newed pur~suant to the provisions of said Local Finance .Law. Section 2. The terms, form and details of said renewal Note shall be as follows: Amount and Title: $25,840 Bond Anticipation Note For Purchase of a Payloader-1966 Dated: August 12, 1966 Matures: August 11, 1967, subject to prior redemption No. R~i Denominations: $25,840 Interest rate: 3-3/4% per annum, payable at maturity Place ofppayment of principal and interest: Supervisor's office, G~eenport., New York. Form of Note: Substantially in acc0rdance with form prescribed by Schedule B, 2 of the Local Finance Law of the State of New York. Section 3. Said Note is hereby sold to the NORTH FORK BANK & TRUST COMPANY, Mattituck, New York, for the purchase price of $25,840, plus the amount of interest, if any., accrued on said Note from its date to the date of delivery thereof and payment therefor, and said Note shall bear interest at the rate of three and three-fourths per centum (3-3/4%) per annum, payable at maturity. Section 4. Said Note shall contain the recital of validity prescribed by Section 52.00 of ~said Local' Finance Law and shall be a general obligation of the Town, payable as to both principal and interest by a~eneral tax upon 41 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 and interest on said Note and provision shall be made in the budget of the Town by appropriation for the redemption of said Note to mature in ~ch year and for the payment of interes~ to be due in such year. Section 5. Said Note shall be executed in the name of the Town by its Supervisor and the corporate seal 'of said Town shall be affixed thereto and attested by its Town Clerk. Section 6. This resolution shall take effect immediately. Vote of Town Boa~: Ayes-Supervisor Albertson; Councilman Demarest; Justices Tuthill and Clark. The resolution was declared unanimously adopted. Moved by Councilman Demarest; seconded by Justice Tuthill: . .:RESOLVED: That General Bills in the amount of $5,813.43; Lighting ~istrict Bills in the amount of $3,788.65; Fishers Island Ferry District Bills in the amount of $29,610.15 and Highway~Bills in the amount of $22,794.59 be and the same are hereby ordere~ paid. Vote of Town Board: Ayes-Supervisor Albertson; ouncilman Demarest and Justices Tuthill and Clark. ~ Adjournment. Albert W. Richmond Town Clerk