Resolution No. 173

Authorizing The Reconstruction Of Various Bridges And Box Culverts Throughout And In And For The County Of Ulster, New York, At A Maximum Estimated Cost Of $280,000.00, And Authorizing The Issuance Of $280,000.00 Bonds Of Said County To Pay The Cost There

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. 172 dated and duly adopted on the date

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

Capital Project Nos. 411 and 412 for the reconstruction of various bridges and

culverts for the Department of Public Works (Highways and Bridges Division); 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 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 reconstruction of various bridges and box culverts throughout

and in and for the County of Ulster, New York, including incidental improvements and

expenses in connection therewith (the 2014 Bridge Replacement Program), is hereby

authorized at a maximum estimated cost of $280,000.00

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

aforesaid maximum estimated cost is by the issuance of not exceeding $280,000 of

serial 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 twenty years, pursuant to subdivision 10 of

paragraph a of Section 11.00 of the Local Finance Law.

-Page 2-

Resolution No. 173 May 20, 2014

Authorizing The Reconstruction Of Various Bridges And Box

Culverts Throughout And In And For The County Of Ulster,

New York, At A Maximum Estimated Cost Of $280,000.00, And

Authorizing The Issuance Of $280,000.00 Bonds Of Said

County To Pay The Cost Thereof

Section 4. 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 pa

-Page 3-

Resolution No. 173 May 20, 2014

Authorizing The Reconstruction Of Various Bridges And Box

Culverts Throughout And In And For The County Of Ulster,

New York, At A Maximum Estimated Cost Of $280,000.00, And

Authorizing The Issuance Of $280,000.00 Bonds Of Said

County To Pay The Cost Thereof

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

Constitution.

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 move its adoption.

 ADOPTED BY THE FOLLOWING VOTE:

 AYES: 22 NOES: 0

 (Absent: Legislator Provenzano)

Passed Committee: Ways & Means on May 20, 2014

FINANCIAL IMPACT:

$425,000.00 – ADDITIONAL CAPITAL PROJECT APPROPRIATION DOLLARS

$425,000.00 – ADDITIONAL SERIAL BOND REVENUES

-Page 4-

Resolution No. 173 May 20, 2014

Authorizing The Reconstruction Of Various Bridges And Box

Culverts Throughout And In And For The County Of Ulster,

New York, At A Maximum Estimated Cost Of $280,000.00, And

Authorizing The Issuance Of $280,000.00 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 20th Day of May, 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 23rd Day of May 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

23rd Day of May, 2014. 28th Day of May, 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