Better Babylon Party

Bond Resolution - Improvements to Fueling Station at Village Highway Yard

TO BE PUBLISHED IN THE JUNE 21, 2018 ISSUE OF THE BEACON

PUBLIC NOTICE

VILLAGE OF BABYLON

BABYLON, NY

PLEASE TAKE NOTICE A resolution, a summary of which is published herewith, has been adopted on the 12th day of June 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 Village of Babylon, in the County of Suffolk, 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 publication of this Notice, or such obligations were authorized in violation of the provisions of the constitution.

BOND RESOLUTION OF THE VILLAGE OF BABYLON, NEW YORK, ADOPTED JUNE 12, 2018, AUTHORIZING THE CONSTRUCTION OF UPGRADES AND IMPROVEMENTS TO THE FUELING STATION AT THE VILLAGE HIGHWAY YARD, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $300,000, APPROPRIATING SAID AMOUNT FOR SUCH PURPOSE, AND AUTHORIZING THE ISSUANCE OF BONDS IN THE PRINCIPAL AMOUNT OF $300,000 TO FINANCE SAID APPROPRIATION.

The object or purpose for which the bonds are authorized is the construction of upgrades and improvements to the fueling station at the Village highway yard, at the estimated maximum cost of $300,000.

The period of probable usefulness for which said bonds are authorized is five (5) years.

The maximum amount of obligations authorized to be issued is $300,000.

A complete copy of the Bond Resolution summarized above shall be available for public inspection during normal business hours at the Village Hall, 153 West Main Street, Babylon, New York.

PATRICIA C. CARLEY
Village Clerk

Dated:  June 14, 2018

:. View All Legal Notices

 

© 2011 Village of Babylon All Right Reserved. Web Site Developed by Chris Lewis of BabylonVillage.com