HomeMy WebLinkAboutParking Lot Mattituck,6,000.00
~ NITED STATES OF AMF, P, ICA
STATE OF NEW
C()UNTY OP SUFF()I~K
TOV~N OP SOUTH(3LD
1:.()%1) AN] [( 1.[ ArI(,N NOTE FOR ~K PARKING b
,l:ate
The Town of Soulho]d in the Coun{y of S~folk, a municipal (mrporation of
of Sew York, hereby acknowledges i~self~ and for vah~e ,t.eeived promises tt,
pay,{o the beaser of this Note, or if i~ ~egisteved, to the r-egis~ored holdee, lhe sum
of S~VNNTY SIX THOUSAND DOLLA~?~8; 000.00) on the 24th day of March, 1984,
together with inheres{ thereon from ~he"da~e he~eof at the rate of ~ur and V5/100
(4. 75%) ......................... payable a~ maturity. Both principal and in{crest
on this note will be paid in lawful money of the Un,{ed 8ta*es of America at The North
Pork Bank and Trust Company, MattRuek, New York
At the request of the holder, the Town Clerk shall convert this Note into a
registered Note by registering it ha the name of the holder in the books of the Town
kept in the office of such Town Clerk and endorsing a certificate of such registration
hereon, after which both principal of and interest on this Note shall be payable only to
the registered holder, his legal representatives, and it shall be duly acknowledged or
proved, or in the alternative the signature thereto shall be certified as to its genuine-
ness by an officer of a bank or trust company located and authorized to do business in
this State.
This Note is the only Note of an authorized issue, the principal amount of which
is $76,000.00.
This Note is issued pursuant to the provisions of the Local Finance Law constitut
Chapter 33 - a of the Consolidated Laws of the State of New York, and the resolution
entitled: Bond Resolution of the Town of Southold, New York, ~dopted December 8,
1981, (1) authorizing the acquisition of a certain piece or parcel of land situate on the
north side of Sound Avenue, in Mattituck, in said Town, as the site of a public parking
field at an estimated maximum cost of $87, 000; appropriating said amount therefor
and authorizing the issuance of $87,000 serial bonds to finance said appropriation, (2)
authorizing the construction of a public parking field on said site, at an estimated
maximum cost of $8, 000 appropriating said amount therefor and authorizing the issuan
of $8, 000 serial bonds to finance said appr¢~'i~_.n_d~{3) stating the estimated total
cost
acquisition
c onstructidn
duly
adopted
by
of said and said ' i~!~' the Town Bo
on the date therein referred to.
9
The faith and credit of such Town of Southold is hereby irrevocably pledged for
the punctual payment of the principal of and'interest onctl~ Note according to its
terms. ,-~
It is hereby certified and recited that all conditions, acts, and things required
the Constitution and statutes of the State of New York, to exist, to have happened and
to have been performed precedent to and in the issuance of this Note, exist, have
happened and have been performed, and this note, together with ail other indebtednes
of such Town of Southold is within every debt and other limit prescribed by the Con-
stitution and laws of such State.
ATTEST:
IN WITNESS WHEREOF, the Town of Southold has caused this note to be signec
its Supervisor, and its corporate seal to be hereunto affixed and attested by its Town
Clerk and this Note to be dated as of the 24th day of
TOW
N~h =Su~)er visor
UNITED STATES OF AMERICA
No. 1 STATE OF NEW YORK S95,000
COUNTY OF SUFFOLK
TOWN OF SOUTHOLD
BOND ANTICIPATION NOTE FOR PARKING FIELD-1982
The Town of Southold, in the County of Suffolk, a
municipal corporation of the
State~fNewY~r~he~ebyac~w~edge~itsci~btedmad~rv~uereceived~comisest~tethebca~r~fthisN~t~r
~itbere~red, tethere~te~d ~l~r,~eanmof
Ninety-Five Thousand .......................... D0~ars ($ 95,000 .........
on the/2Q~/~-day of //~/]L~ Cfi~--~ , , I~ 3, ~e~ with htesest ther~ from the ~ h~f at ~e rate
B~ p~cipaI of ~d ~t on ~s No~ ~ be p~d ~ ~w~ money of ~e Unl~ed Stut~ of Ame~c~ at
At ibc request oi the holder, the Town Clerk shall convert thi~ Note into
a registered Note by registering it in the name of tho'holder in the books of the Town kept in the office
of such Town Clerk an~ endorsing ~ certificate of such registration hereon~ after which both
yrinctI~al of and interest on this Note shall be payable only t0 the regisiered holder, his legal representatives, successors or
rans~eree~. This Note shall then be transferable only upon presentgtion to such Town Clerk
with a written transfer of title and such Town Clerk sl~ll thereupon register this
Note in the name of the transferee in his books and shall endorse a certificate of such registration hereon. Such transfer shall
be dated, and signed by the registered holder, or his legal representatives~ and it shall be duly acknowledged or proved, or in
the alternative the signature thereto shall be certified as to its genuineness by an officer of a bank or ~rust company located
and authorized to do bualuess in this State.
This Note is the only Note of an authorized 'issue, the
principal amount of which is $95,000.
TMsNote ~issued pursuanttothe~ovisio~ oftbeLoc& Finan~ La~ ~titu~g ~ter38-aoftheConsoHda~d
LawsoftheStateofNew York, the bond resolution adopted by the Town Board on
December 8, 1981 authorizing the issuance of $95,000 serial bonds
for construction of a public parking field in said Town and the
Certificate of Determination executed by the Supervisor on
, 1982.
The faith and credit of such Town of Southold are hereby
irrevocably pledged for the punctual payment ot the principal of mad interest on this Note according to its terms.
It is hereby certified and recited that all cond/tions, acts and things required by the Constitution and statutes of the
State of New York to exist, to have happened and to have been peHormed precedent to and in the issuance of this Note, exist,
Imve happened and have been performed, and that thi~ NOte, te~ther with all other indebtedness of such Town of
Southold is within every debt and other limit prescribed by the Constitution and laws of such State.
IN WITNESS WHEREOF, the Town of Southold
has caused this Note to
Town Clerk
ATTEST:
Supervisor
, and its corporate seal to be hereunto aEixed and atts~ted by its
mad ~ Note te be &t~TOWNaS ofoF~e SOUTHOLD24th dey oi March 1982.
Supe~viso~