VILLAGE OF HAVERSTRAW, NEW YORK
PLEASE TAKE NOTICE that on June 21, 2021, the Board of Trustees of the Village of Haverstraw, in the County of Rockland, New York, adopted a bond resolution entitled:
“Bond Resolution of the Village of Haverstraw, New York, adopted June 21, 2021, authorizing the acquisition of certain property commonly known as the “Chair Factory property,” located in the Village and identified on the Village Tax Map as Section 27.09, Block 1, Lot 3, stating the estimated maximum cost thereof is $6,014,790, appropriating $2,065,000 in addition to the $3,949,790 heretofore appropriated for such purpose, and authorizing the issuance of bonds of the Village in the principal amount of not to exceed $2,065,000 to finance said additional appropriation,”
an abstract of such bond resolution, concisely stating the purpose and effect thereof, being as follows:
FIRST: AUTHORIZING said Village to acquire certain property commonly known as the “Chair Factory property,” located in the Village and identified on the Village Tax Map as Section 27.09, Block 1, Lot 3; STATING the estimated maximum cost thereof, including preliminary costs and costs incidental thereto and the financing thereof, is $6,014,790; APPROPRIATING $2,065,000 for such purpose, in addition to the $3,949,790 heretofore appropriated for such purpose; STATING the plan of financing includes the issuance of not to exceed $2,065,000 serial bonds of the Village to finance said additional appropriation, and the levy of a tax upon all the taxable real property within the Village to pay the principal of said bonds and interest thereon;
SECOND: AUTHORIZING the issuance of not to exceed $2,065,000 bonds of the Village pursuant to the Local Finance Law of the State of New York (the “Law”) to finance said additional appropriation;
THIRD: DETERMINING and STATING that (a) the period of probable usefulness applicable to the object or purpose for which said bonds are authorized to be issued, is thirty (30) years; (b) the proceeds of said bonds and any bond anticipation notes issued in anticipation thereof may be applied to reimburse the Village for expenditures made after the effective date of this bond resolution for the purpose for which said bonds are authorized; and (c) the proposed maturity of said bonds will exceed five (5) years;
FOURTH: DETERMINING that said bonds, and any bond anticipation notes issued in anticipation of said bonds, and the renewals of said bond anticipation notes, shall be general obligations of the Village; and PLEDGING to their payment the faith and credit of the Village;
FIFTH: DELEGATING to the Treasurer the powers and duties as to the issuance of said bonds, and any bond anticipation notes issued in anticipation of said bonds, and the renewals thereof, and other related powers; and
SIXTH: DETERMINING that the bond resolution is subject to a permissive referendum.
DATED: June 21, 2021
Haverstraw, New York
Carmelina Palumbo
Village Clerk
