Loan Resolution for Water Facility Improvements
Activeformal_resolutionongoingAuthorize the Village to incur indebtedness by issuance of bonds in the principal amount of $1,242,000.00 for acquiring, constructing, enlarging, improving, and/or extending its water facility.
First seen
2012-05-17
Latest event
2012-05-17
adopted
Expires
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Resolution text
RESOLVED
- authorize the incurrence of indebtedness for the purpose of providing a portion of the cost of acquiring, constructing, enlarging, improving, and/or extending its water facility to serve an area lawfully within its jurisdiction
Show preamble — 1 WHEREAS clause
- WHEREAS, it is necessary for the Village of Red Hook to raise a portion of the cost of such undertaking by issuance of its bonds in the principal amount of $1,242,000.00, pursuant to the provision of the NYS Local Finance Law
Lifecycle (1 event)
2012-05-17adoptedvote: unanimous
Authorize Resolution 6-2012, a loan resolution for incurrence of indebtedness for water facility improvements.
moved by Kovalchik · seconded by Seymour
Show text snapshot for this event
Resolved
- authorize the incurrence of indebtedness for the purpose of providing a portion of the cost of acquiring, constructing, enlarging, improving, and/or extending its water facility to serve an area lawfully within its jurisdiction
Whereas
- WHEREAS, it is necessary for the Village of Red Hook to raise a portion of the cost of such undertaking by issuance of its bonds in the principal amount of $1,242,000.00, pursuant to the provision of the NYS Local Finance Law
Subject key:
water_facility_bond_issuance