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.
