AUTHORIZING THE ACQUISITION OF A BUCKET LOADER AT AN ESTIMATED MAXIMUM COST OF $210,000, THE ISSUANCE OF SERIAL BONDS OF THE TOWN OF RED HOOK, DUTCHESS COUNTY, NEW YORK, IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $170,000 PURSUANT TO THE LOCAL FINANCE LAW TO FINANCE THE COST THEREOF, AND DELEGATING CERTAIN POWERS IN CONNECTION THEREWITH TO THE TOWN SUPERVISOR
One-time (complete)formal_resolutionone_timeAuthorize the Town to acquire a bucket loader for up to $210,000 and issue serial bonds not to exceed $170,000 to finance the acquisition.
First seen
2016-11-02
Latest event
2016-11-02
adopted
Expires
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Resolution text
RESOLVED
- the Town of Red Hook is authorized to acquire a bucket loader at an estimated maximum cost of $210,000
- the Town is authorized to issue serial bonds in an aggregate principal amount not to exceed $170,000 pursuant to the Local Finance Law to finance the cost thereof
- certain powers are delegated to the Town Supervisor in connection therewith
Lifecycle (1 event)
2016-11-02adoptedvote: 4-0
Authorize the acquisition of a bucket loader and issuance of serial bonds.
moved by O'Neill · seconded by Colgan
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Resolved
- the Town of Red Hook is authorized to acquire a bucket loader at an estimated maximum cost of $210,000
- the Town is authorized to issue serial bonds in an aggregate principal amount not to exceed $170,000 pursuant to the Local Finance Law to finance the cost thereof
- certain powers are delegated to the Town Supervisor in connection therewith
Subject key:
bucket_loader_acquisition_bonds