Legal Notice - Amended Bonds for Communication Tower

LEGAL NOTICE

The bond resolution, a summary of which is published herewith, has been adopted on May 25, 2016 and amended on April 25, 2018, 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 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.  Such resolution was subject to permissive referendum.  The period of time has elapsed for the submission and filing of a petition for a permissive referendum, and a valid petition has not been submitted and filed in connection with such resolution.

A complete copy of the resolution summarized herewith is available for public inspection during regular business hours at the Office of the Town Clerk for a period of twenty days from the date of publication of this Notice.

Dated:  Vestal, New York,

May 30, 2018 
Emil Bielecki, Town Clerk 

BOND RESOLUTION DATED MAY 25, 2016, AS AMENDED ON APRIL 25, 2018.

A RESOLUTION AMENDING THE BOND RESOLUTION DATED MAY 25, 2016, AUTHORIZING THE purchase and installation of a new communications tower, in and for the town of vestal, Broome county, new york, at a maximum estimated cost of $450,000, and authorizing the issuance of not exceeding $450,000 bonds of said town of pay the cost thereof.

Specific object or purpose:                                    Purchase/installation of a new communications tower

Period of probable usefulness:                               10 years, subject to permissive referendum

Maximum estimated cost:                                      $450,000

Amount of obligations to be issued:                       $450,000 bonds

SEQRA status:                                                        Type I Action.  Negative Declaration. SEQRA compliance material on file in the office of the Town Clerk where it may be inspected during regular office hours.