Notice of Estoppel - $970,000 Serial Bonds - Ladder Fire-Fighting Truck
LEGAL NOTICE OF ESTOPPEL
The bond resolution, a summary of which is published herewith, has been adopted on December 20, 2017, 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 Vestal Fire District in the Town of Vestal, Broome County, 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 this notice, or such obligations were authorized in violation of the provisions of the Constitution. A proposition for the approval of such resolution was duly approved by the qualified voters of said Fire District at a special election held on February 6, 2018, upon which such resolution took effect.
A complete copy of the resolution summarized herewith is available for public inspection during regular business hours at the Office of the Fire District Secretary for a period of twenty days from the date of publication of this Notice.
Dated: Vestal, New York,
February 28, 2018
Emil Bielecki, Fire District Secretary
BOND RESOLUTION DATED DECEMBER 20, 2017.
A RESOLUTION AUTHORIZING THE PURCHASE OF A LADDER FIRE-FIGHTING TRUCK FOR THE VESTAL FIRE DISTRICT IN THE TOWN OF VESTAL, BROOME COUNTY, NEW YORK, AT A MAXIMUM ESTIMATED COST OF $970,000 AND AUTHORIZING THE ISSUANCE OF NOT EXCEEDING $970,000 SERIAL BONDS OF SAID FIRE DISTRICT TO PAY THE COST THEREOF.
Specific object or purpose: Purchase of a ladder fire-fighting truck.
Period of probable usefulness: Twenty years
Maximum Estimated Cost: $970,000
Amount of obligations to be issued: Not exceeding $970,000 serial bonds
SEQRA Status: Type II Action.