Village Of Stewart Manor
 News 

Legal Notice

April 10, 2019
Table Of Contents:
Summary:

Regarding Pool Bonds
Body:

The resolution, a summary of which is published herewith, has been adopted on the 5th day of March, 2019, and an abstract thereof has been published and posted as required by law and 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.  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 Village of Stewart Manor, in the County of Nassau, 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 the notice, or such obligations were authorized in violation of the provisions of the constitution.

                                                                                          Rosemarie A. Biehayn
                                                                                          Village Administrator / Clerk-Treasurer

 

BOND RESOLUTION OF THE VILLAGE OF STEWART MANOR, NEW YORK, ADOPTED MARCH 5, 2019, AUTHORIZING THE CONSTRUCTION OF IMPROVEMENTS TO THE VILLAGE POOL FACILITIES, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $1,750,000, APPROPRIATING SAID AMOUNT FOR SUCH PURPOSE, AND AUTHORIZING THE ISSUANCE OF BONDS IN THE PRINCIPAL AMOUNT OF NOT TO EXCEED $1,750,000 TO FINANCE SAID APPROPRIATION

The object or purpose for which the bonds are authorized is to construct improvements to the Village pool facilities, including related engineering costs, at the estimated maximum cost of $1,750,000.

The period of usefulness is fifteen (15) years.

The maximum amount of obligations authorized to be issued is $1,750,000.

A complete copy of the Bond Resolution summarized above shall be available for public inspection during normal business hours at the Village Hall, 120 Covert Avenue, Stewart Manor, New York.