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NOTICE OF ADOPTION
BOND - $75,000 Security Camera System at Airport
2/23/2017 12:00 AM
This resolution, a summary of which is published herewith, has been adopted on February 16, 2017, and 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 East Hampton, in the County of Suffolk, 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 publication of this Notice, or such obligations were authorized in violation of the provisions of the constitution.
CAROLE A. BRENNAN
BOND RESOLUTION OF THE TOWN OF EAST HAMPTON, SUFFOLK COUNTY, NEW YORK, ADOPTED FEBRUARY 16, 2017, AUTHORIZING THE INSTALLATION OF A NEW SECURITY CAMERA SYSTEM AT THE EAST HAMPTON AIRPORT, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $75,000, APPROPRIATING SAID AMOUNT FOR SUCH PURPOSE AND AUTHORIZING THE ISSUANCE OF BONDS OF THE TOWN IN THE PRINCIPAL AMOUNT OF NOT TO EXCEED $75,000 TO FINANCE SAID APPROPRIATION
The object or purpose for which bonds are authorized is the installation of a new security camera system at the East Hampton Airport.
The amount of obligations authorized to be issued is not to exceed $75,000.
The period of probable usefulness is five (5) 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, 159 Pantigo Road, East Hampton, New York.
Dated: February 16, 2017
East Hampton, New York
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