HomeMy WebLinkAboutTB-08/14/1956 MEETING OF AUGUST 14, 1956.
The Southold Town Board met at th6 office of Supervisor Norman
E. Klipp at. Greenport, on Tuesday, August 14, 1956. The meeting
was called to order at 1:30 P.M. with the following present:
Supervisor Klipp; Councilman Albertson; Justices Tuthill, Clark and
Demarest; Superintendent of Highways Price; Town Attorney Terry and
Town Clerk Booth.
The Board sat at once as a committee on Audit to examine claims
against the Town, concluding the Audit work at 2 o 'clock P.M.
Moved by Justice Clark; seconded by Justice Tuthill:
RESOLVED: That the minutes of July 31st and August 9th be and hereby
are duly approved as read.
Vote of Town Board: Ayes-Supervisor Klipp; Councilman Albertson;.
Justices Tuthill, Clark and Demarest.
The following bonds were presented to the Board for approval:
Moved by Councilman Albertson; seconded by Justice Clark:
RESOLVED: That Bond No. SM178199-1, issued by the American Motorists
Insurance Company, in the amount of $%0.00, on behalf of Edward
S. Brush, be and ' the smae is hereby approved as to its form, manner
of execution and sufficiency of sureties therein.
Vote' of T own Board: Ayes-Supervisor Klipp; Councilman Albertson;
Justices Tuthill, Clark and Demarest.
Moved by 'Justice Tuthill; seconded by Justice Clark:
RESOLVED: That Bond No. SM178290-1, issued' by the American Motorists
Insurance Company, , in the amount of $500.00, on behalf of Cbarles
W. Jacobs, be and "the same is hereby approved as to its form, manner
of execution and sufficiency of sureties therein. '. .
Vote of Town Board: Ayes-Supervisor Klipp; Councilman Albertson;
Justices Tuthill, Clark and Demarest.
Moved by Councilman Albertson; seconded by Justice Demarest:
RESOLVED: That Bond No. SM178188-1, issued by the American Motorists
Insurance Company, in the amount of $500.00, on behalf of Harry W.
Sm&th be and the same is hereby approved as to its form, manner of
execution and sufficiency of sureties therein.
Vote of Town Board: Ayes-Supervisor Klipp; Councilman Albertson;
Justices Tuthill, Clark and Demarest.
Moved by Justice Clark; seconded by Councilman Albertson;
RESOLVED: That Supervisor Norman E. Klipp be instructed to have
100 foot steel tapes. placed in each Police car.
Vote of Town Board: Ayes-Supervisor Klipp; Councilman Albertson;
Justices Tuthill, Clark and Demarst.
Moved by Councilman Albertson; seconded by Justice Tuthill:
RESOLVED: That the Police Report for the month of July be accepted
by the Town Board and placed on file.
Vote of T own Board: Ayes-Supervisor Klipp; Councilman 'Albertson;
Justices Tuthill, Clark and Demarest.
Moved by Councilman Albertson; seconded by Justice Demarest:
RESOLVED: that General Bills in the amount of $4,911.19, Lighting
District bills in the amount of $1 492.639 Fishers Island Ferry
District Bills in the amount 'of $1�,1 50.63 be and the same are here-
by ordered paid.
Vote of Town Board: Ayes-Supervisor Klipp; Councilman Albertson;
Justices Tuthill, Clark and Demarest.
Moved by, Councilamn Albertson; seconded by Justice Tuthill:
RESOLVED: That the regular monthly meeting of this Board will be
held at the office of Supervisor Norman E. Klipp at Greenport, on
September 11, 1956, at 1:30 P.M.
Vote of Town Board: Ayes-Supervisor Klipp; Justices Tuthill, Clark
and Demarest and Councilman Albertson.
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Moved by Councilman Albertson; seconded by Justice of the Peace
Ralph W. Tuthill:
BUDGET NOTE RESOLUTION DATED AUGUST 14th,
19569 AUTHORIZING THE ISSUANCE OF A BUDGET
NOTE OF THE TOWN OF SOUTHOLD, SUFFOLK COUNTY,
NEW YORK, IN THE AMOUNT OF $139900. FOR EX
PENDITURES FOR WHICH AN INSUFFICIENT PROVISION WAS MADE IN THE
ANNUAL BUDGET.
BE IT RESOLVED this 14th day of August, 1956, by the Town of
Southold, Suffolk County, New York, as follows:
Section 1. That, pursuant to Subdivision 2(b) of Paragraph a of
Section 29.00 of the Lical Finance Law, for the prupose of paying
the cost of repairs to Town Highways, for which an insufficient
provision was made in the annual budget 6or the current fiscal
year, there is hereby authorized to - be issued a budget note of
the Town of Southold in the principal amount of $13,900. , which
is the maximum cost of such object or purpose, which note shall
mature on February 1st 1957.
Section 2. That, except as herein specifically prescribed, said
note shall be of the date, terms, forr#, contents and place of .
payment, and- at a rate of, interest not exceeding three per centum
per annum, as may be determined by the' Town Supervisor, consistent,
however, with the provisions of said. Local Finance Law of the State
of New York, and 'shall -be executed in the name, of the Town of
Southold by its Supervisor and the seal of said Town shall be
attached thereto.
Section . That siad -note shall be sold a-t private sale by the
Town .SUpervisor at a price of not less than par value and accrued
interest, if any, and -upon due execution and s&le of said note
the same shall be delivered to the purchaser upon payment by him
to the Town Supervisor of the purchase price in cash; and the
receipt of such Supervisor shall be a full acquittance to such
purchaser who shall not be obliged to see to the application
of the purchase money.
Section 4. The full faith and credit of the Town of Southold, New
York, are pledged to the puncual payment of principal and interest
on said note'.
Section 5. This resolution shall take effect immediately.
The question of the adoption of the foregoing resolution was duly
put to.,a vote which resulted as follows:
Ayes-Supervisor Norman E. Klipp, Councilman Lester M. Albertson;
Justices of the' Peace Louis M. Demarest, Ralph Tuthill and
Henry A. Clark.
Absent-Justice of the Peace E. Perry Edwards
Noes-None.
The Supervisor thereupon declared that the resolution was duly adopted.
UNITED STATES OF AMERICA
STATE OF NEW YORK
COUNTY OF SUFFOLK
TOWN OF SOUTHOLD
BUDGET NOTE OF 1956. ,
THE TOWN OF SOUTHOLD, in the County of Suffolk, a ,:muncipality of .
the State of New York,:.hereby acknowledges itself inddbted and -,for
value received promises to pay to , ;;
the sum of Thirteen Thousand..and Nine Hundred 4139900)` Dollars,
on the lst day of February, 1957, together with interest thereon
from the date hereof at the rate of per centum ( %)
per annum, payable semi-annually. Both principal of and interest
on this note shall be paid in lawful money of the United States
of America, at the office of the Superviisor, Greenport, 'Suffolk
County, . New York. The Town of Southold shall have the privilege
of pre-paying the whole or any part of the unpaid balance of the
principal sum at any time prior. to maturity.
This note may not be converted to registered . form.
This note is the only note of an authorized issue in the amount of
Thirteen Thousand and Nine Hundred ($13,900. ) Dollars, for the
purpose of paying the cost of repairs to Town Highways for which
an insufficient provision was. made in the annual budget for the
current fiscal year. This note is issued pursuant to the provisions
of a resolution entitled "Budget Note Resolution" duly adopted by
the' Town Board, of such Town of SoutholCon' August, '14th, 1956.
The faith and credit of such Town of Southold are hereby irrovO-
cably pledged for the puncual payment of the principal of and int-
erest on this note according to its terms.
It is hereby'-certified and recited that all conditions, acts and
things required by the Constitution and statutes of the State of
New York to exist to have happened and ,to have. been performed
precedent to and In the issuance of this note, exist, have happened
and have been performed, and that this note, together with all
other indebtedness of such Town of Southold is within every debt
and other limit prescribed by the Constitution and Laws of such
S;ate.
IN WITNESS WHEREOF, the Town of Souhold, New York, has caused this
Note to be signed by its Supervisor, and its Corporate Seal to be
hereunto affixed and attested by its Town Clerk, and this Note to
be dated as of the day of , 1956:
Attested: Ralph P Booth Town of Southold, New York
-Town Clerk of the
Town of Southold By. Norman.E. Klipp
New York. Supervisor
Town Seal
Adjournment was at 3:15 P.M.
Ralph P. Booth
Town Clerk
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