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Town of New Windsor Press Releases

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Legal Notice - 6M Bond for Town Roads

LEGAL NOTICE

The resolution, a summary of which is published herewith, has been adopted on December 2, 2020, and an abstract thereof has been published and posted as required by law and the period of time has elapsed for the submission and filing of a petition for a permissive referendum and a valid petition has not been submitted and filed.  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 TOWN OF NEW WINDSOR, in the County of Orange, 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 date of publication of the notice, or such obligations were authorized in violation of the provisions of the constitution.

BY ORDER OF THE TOWN BOARD

OF THE TOWN OF NEW WINDSOR

KELLY ALLEGRA

Town Clerk

Town of New Windsor, New York

BOND RESOLUTION OF THE TOWN OF NEW WINDSOR, NEW YORK, ADOPTED DECEMBER 2, 2020, AUTHORIZING THE RECONSTRUCTION AND/OR RESURFACING OF VARIOUS ROADS IN SAID TOWN, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $6,000,000, APPROPRIATING SAID AMOUNT THEREFOR, AND AUTHORIZING THE ISSUANCE OF $6,000,000 BONDS OF SAID TOWN TO FINANCE SAID APPROPRIATION.

Object or purpose:                to reconstruct and/or resurface various roads in and for the Town, including, but not be limited to, any necessary milling,    and drainage improvements and upgrades, incidental to said reconstruction and/or resurfacing.

Amount of obligations

 to be issued:                         $6,000,000

Period of probable

 usefulness:                           fifteen (15) years

A complete copy of the Bond Resolution summarized above shall be available for public inspection during normal business hours at the office of the Town Clerk, Town Hall, 555 Union Avenue, New Windsor, New York.

Dated:         December 2, 2020

New Windsor, New York



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