Resolution No. 135

Authorizing The Purchase Of Vehicles For Various County Departments In And For The County Of Ulster, New York, At An Aggregate Maximum Estimated Cost Of $305,000.00, And Authorizing The Issuance Of $305,000.00 Bonds Of Said County To Pay The Cost Thereof

Resolution Information

Status: 
Adopted

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

Bartels, Belfiglio, Briggs, Maio, Maloney, Provenzano and Rodriguez)

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. 134 dated and duly adopted on the date

hereof, the County Legislature of the County of Ulster, New York establishing

Capital Project No. 404 for the Department of Public Works (Central Auto Vehicles);

and

WHEREAS, the capital projects hereinafter described, as proposed, have been

determined to be Type II Actiona 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 effect 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 following are hereby authorized in and for the County of Ulster,

New York:

 a) The purchase of passenger vehicles for various departments, for said County,

including incidental expenses in connection therewith, at a maximum estimated cost of

$214,000, being a class of objects or purposes having a period of probable usefulness of

three years, pursuant to subdivision 77 of paragraph a of Section 11.00 of the Local

Finance Law; and

 b) The purchase of pick-up trucks for maintenance purposes for various

departments, for said County, including incidental expenses in connection therewith, at

a maximum estimated cost of $91,000, being a class of objects or purposes having a

period of probable usefulness of ten years, pursuant to subdivision 28 of paragraph a of

Section 11.00 of the Local Finance Law.

- Page 2 -

Resolution No. 135 April 15, 2014

Authorizing The Purchase Of Vehicles For Various County

Departments In And For The County Of Ulster, New York, At An

Aggregate Maximum Estimated Cost Of $305,000.00, And

Authorizing The Issuance Of $305,000.00 Bonds Of Said County To

Pay The Cost Thereof

Section 2. The aggregate maximum estimated cost of the aforesaid objects or

purposes is hereby determined to be $305,000, and the plan for the financing thereof is

by the issuance of $305,000 bonds of said County hereby authorized to be issued

therefor pursuant to the provisions of the Local Finance Law, to be allocated in

accordance with the maximum estimated costs of each class of objects or purposes set

forth in Section 1 hereof.

Section 3. The faith and credit of said County of Ulster, New York, are hereby

irrevocable pledged for the payment of the principal of and interest on such bonds as the

same respectively become due and payable. An annual appropriation shall be made in

each year sufficient to pay the principal of and interest on such bonds becoming due and

payable in such year. There shall annually be levied on all the taxable real property of

said County, a tax sufficient to pay the principal of and interest on such bonds as the

same become due and payable.

Section 4. Subject to the provisions of the Local Finance Law, the power to

authorize the issuance of and to sell bond anticipation notes in anticipation of the

issuance and sale of the bonds herein authorized, including renewals of such notes, is

hereby delegated to the Commissioner of Finance, the chief fiscal officer. Such notes

shall be of such terms, form and contents, and shall be sold in such manner, as may be

prescribed by said Commissioner of Finance, consistent with the provisions of the

Local Finance Law.

Section 5. All other matters except as provided herein relating to the serial bonds

herein authorized including the date, denominations, maturities and interest payment

dates, within the limitations prescribed herein and the manner of execution of the same,

including the consolidation with other issues, and also the ability to issue serial bonds

with substantially level or declining annual debt service, shall be determined by the

Commissioner of Finance, the chief fiscal officer of such County. Such bonds shall

contain substantially the recital of validity clause provided for in Section 52.00 of the

Local Finance Law, and shall otherwise be in such form and contain such recitals, in

addition to those required by Section 51.00 of the Local Finance Law, as the

Commissioner of Finance shall determine consistent with the provisions of the Local

Finance Law.

- Page 3 -

Resolution No. 135 April 15, 2014

Authorizing The Purchase Of Vehicles For Various County

Departments In And For The County Of Ulster, New York, At An

Aggregate Maximum Estimated Cost Of $305,000.00, And

Authorizing The Issuance Of $305,000.00 Bonds Of Said County To

Pay The Cost Thereof

Section 6. The validity of such bonds and bond anticipation notes may be contested

only if:

1) Such obligations are authorized for an object or purpose for which said

County is not authorized to expend money, or

2) The provisions of law which should be complied with at the date of

publication of this resolution are not substantially complied with,

and an action, suit or proceeding contesting such validity is commenced within

twenty days after the date of such publication, or

3) Such obligations are authorized in violation of the provisions of the

Constitution.

Section 7. 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 8. 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

(Absent: Legislator Briggs)

Passed Committee: Ways and Means on April 15, 2014

FINANCIAL IMPACT:

$305,000.00 – COUNTY CAPITAL FUND APPROPRIATIONS

$305,000.00 – COUNTY REVENUE – SERIAL BONDS

- Page 4 -

Resolution No. 135 April 15, 2014

Authorizing The Purchase Of Vehicles For Various County

Departments In And For The County Of Ulster, New York, At An

Aggregate Maximum Estimated Cost Of $305,000.00, And

Authorizing The Issuance Of $305,000.00 Bonds Of Said County To

Pay The Cost Thereof

STATE OF NEW YORK

 ss:

COUNTY OF ULSTER

This is to certify that I, the undersigned Clerk of the Legislature of the County of Ulster have compared the

foregoing resolution with the original resolution now on file in the office of said clerk, and which was adopted by said

Legislature on the 15th Day of April, 2014, and that the same is a true and correct transcript of said resolution and of the

whole thereof.

IN WITNESS WHEREOF, I have hereunto set my hand and seal of the County of Ulster this 16th Day of April in

the year Two Thousand and Fourteen.

|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 April, 2014. 25th Day of April, 2014.

|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: October 8, 2020