Resolution No. 161

Authorizing The Reconstruction Of Various Parking Lots, In And For The County Of Ulster, New York, At A Maximum Estimated Cost Of $150,000.00, And Authorizing The Issuance Of $150,000.00 Bonds Of Said County To Pay The Cost Thereof

Resolution Information

Status: 
Adopted

RESOLUTION TEXT +-

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Referred to: The Ways and Means Committee (Chairman Gerentine and Legislators

Allen, Bartels, Belfiglio, Briggs, Maio, and Maloney)

Chairman of the Public Works and Capital Projects Committee, Dean J. Fabiano, and

Deputy Chairman Peter M. Loughran offer the following:

WHEREAS, by Resolution No. 160 dated and duly adopted on the date

hereof, the County Legislature of the County of Ulster, New York has established

Capital Project No. 474 for the reconstruction of various parking lots for the

Department of Public Works (Highways and Bridges); and

WHEREAS, the capital project hereinafter described, as proposed, has been

determined to be a Type II Action pursuant to the regulations of the New York State

Department of Environmental Conservation promulgated pursuant to the State

Environmental Quality Review Act, which regulations state that Type II Actions will

not have a significant impact on the environment; and

WHEREAS, it is now desired to authorize the financing of such capital

project; now, therefore be it

RESOLVED, by the affirmative vote of not less than two-thirds of the total

voting strength of the County Legislature of the County of Ulster, New York, as

follows:

Section 1. The reconstruction of various parking lots at County facilities,

including incidental improvements and expenses, in and for the County of Ulster,

New York, is hereby authorized at a maximum estimated cost of $150,000.

Section 2. It is hereby determined that the plan for the financing of the aforesaid

maximum estimated cost is by the issuance of $150,000 of bonds of the County

hereby authorized to be issued therefor pursuant to the provisions of the Local

Finance Law.

Section 3. It is hereby determined that the period of probable usefulness of the

aforesaid class of objects or purposes is ten years, pursuant to subdivision 20(f) of

paragraph a of Section 11.00 of the Local Finance Law. 

 

Section 4. The faith

 

Section 8. This resolution shall constitute a statement of official intent for

purposes of Treasury Regulations Section 1.150 2. Other than as specified in this

resolution, no monies are, or are reasonably expected to be, reserved, allocated on a

long term basis, or otherwise set aside with respect to the permanent funding of the

object or purpose described herein.

Section 9. This resolution, which takes effect immediately, shall be published in

summary form in the official newspaper(s) of such County, together with a notice of

the Clerk of the County Legislature in substantially the form provided in Section

81.00 of the Local Finance Law,

and moves its adoption.

 

ADOPTED BY THE FOLLOWING VOTE:

AYES: 22 NOES: 0

(Legislator Lopez left at 7:19 PM)

Passed Committee: Ways and Means on March 15, 2016

FINANCIAL IMPACT:

$150,000.00 – COUNTY FUNDS – SERIAL BONDS

 

STATE OF NEW YORK

 ss:

COUNTY OF ULSTER

I, the undersigned Clerk of the Legislature of the County of Ulster, hereby certify that the foregoing resolution is

the original resolution adopted by the Ulster County Legislature on the 15th Day of March in the year Two Thousand and

Sixteen, and said resolution shall remain on file in the office of said clerk.

IN WITNESS WHEREOF, I have hereunto set my hand and seal of the County of Ulster this 17th Day of March

in the year Two Thousand and Sixteen.

|s| Victoria A. Fabella

Victoria A. Fabella, Clerk

Ulster County Legislature

Submitted to the County Executive this Approved by the County Executive this

17th Day of March, 2016. 23rd Day of March, 2016.

|s| Victoria A. Fabella |s| Michael P. Hein

Victoria A. Fabella, Clerk Michael P. Hein, County Executive

Ulster County Legislature 

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Updated: January 23, 2019