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HomeMy WebLinkAboutTB-04/25/1950 Meeting of April 25, 1950 - , The Southold Town Board met' at ,the office of Supervisor Norman E. Klipp at Greenport on Tuesday, April 25, 1950. The meeting was called to order at 1:30 P.M. with the following present: Supervisor Klippl Justices Shanklin; Terry; Tuthill; Albertson and Clark; � Town Superintendent of Highways Price; Town Attorney Terry and Town Clerk Booth. r, A. John Gada and Joseph Middlebrook,Jr. , Commissioners of the Fishers Island Ferry District were present at the meeting to petition the Town Board to approve a modification of the existing contract be- tween E.S. Wilcox and the Fishers Island Ferry District. The Board assured them they would Approve of such a modified contract if the State Department of Audit and Control would approve of such a contract. The minutes of the previous meeting were read and duly approved as - read. Moved by Justice Albertson; seconded by Jixtice Clark: IV.r Resolved: That the regular monthly audit meeting of this Board be held at the office of the Supervisor at Greenport on Tuesday, May � �+ 91 1950, at 1:30 P .M. -- '=- Unanimously adopted. A letter was read from the Mattituck Chamber of Commerce requesting -��- the Board to place no parking signs on Pike Street. Moved by Justice Tuthill; seconded by Justice Terry: - Resolved: That the Town Superintendent of Highways be and hereby is authorized, toace signs on the south side of Pike Street from Westphalia Road-*Was to the free parking lot to read "One Hour -` Parking from . 8:00 A.M. to 7:00 P.M. " and on the North side of Pike ILF Street from Wickham Avenue to the Fisher property signs to read, "No Parkingbetween 8:00 A.M. and 7:;00 P.M. " Unanimously' adopted. Moved by Justice Clark; seconded by Justice Terry: Resolved that the.. Supervisor be and hereby is authorized to purchase eight chairs for use in the Supervisor's office. Unanimously adopted. Moved by Justice Terry; Seconded by Jutice Albertson: BE IT RESOLVED , this 25th day of April, 1950, by the Town Board t : = of the Town of Southoldi New York, as follows: Section 1. : That, WHEREAS, an insufficient appropriation was made for home relief in the current annual budget of the Town of Southold, pursuant to the provisions of the Social Welfare Law of the State of New York, a supplemental appropriation of $5,000.00 for home relief is hereby made , and pursuant to the local .Finance Law of the State of New York, for the purpose of financing such supplemental ap- propriation, the TOWN OF . SOUTHOLD shall issue and sell a budget . _ note in the amount of $5,000.00 to mature on April 27th, 1951. Section 2. That, except as herein specifically prescribed, said note _ shall be of the date, terms, form, contents and place of payment and at a rate of interest not exceeding TWO(2%)per centum per annum, as may be 'determined by the Town Supervisor, consistent, however, with the provisions of the said ]Local Finance Law of the State of New York;; and shall be executed in the name of the said Town by its Supervisor and the Seal of said Town shall be attached thereto. I 267 ' -Y Section 3. That said note shall be sold at 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 sale of said note F 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 acquitance to such + purchas"er 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 punctual payment of principal and, interest on said note. _; .r. 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: �- -Y AYES. .. .Supervisor Normane E. Klipp; Justices of the Peace Harry Terry, Ralph Tuthill, Lester Albertson, and Henry A.Clark. � ► ABESENT.Justice of the Peace Radford C. Shanklin. NAYES. . .None. THE SUPERVISOR THEREUPONIECLARED THAT THE RESOLUTION WAS DULY ADOPTED. � '• UNITED STATES OF AMERICA _ STATE ' OF NEW YORK COUNTY OF SUFFOLK TOWN OF SOUTHOLD BUDGET NOTE .OF 1950. The TOWN OF SOUTHOLDt in the- County 'of Suffolk, a municipality of the State of New York, hereby acknowledges itself indebted and for value received promises to pay to the FIRST NATIONAL BANK, Green- port, New York, the sum of FIVE THOUSAND ( 5,000.00) DOLLARS, on the 27th day of April 1951,, together with interest thereon from the date hereof at. the rate of One and Nine-Tenths per centum (1.9%) per annum, payable annually. Both principal and interest of this note a will be paid in lawful money of the United States of America, at the office of the Supervisor of -.the Town of Southold, Greenport, Suffolk County, New York. This Note may not be converted to registered form. This Note is the only note of an authorized issue in the amount of $5,000.00. for the purpose of financing a supplemental appropriation for home relief, the cost of which is in excess of the appropriation made in the current budget. 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 .Southold, on April 25, 19.50; and the privilege is herein reserved 'by the Town of Southold to re-pay the whole or any part of the unpaid balance of the principal sum hereof at any time without penalty. The faith and credit of such TOWN OF SOUTHOLD are hereby irrevocably pledged. for the punctual payment of the principal of and interest on this Note according to its terms. I.t is hereby recited and certified that-all conditions, acts and things required by the Consttttition 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 hap- pened 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 State. IN..WITNESS WHEREOF, the TOWN OF SOUTHOM, New York, has caused this Note to be signed by its Supervisor and its corporate seal to be hereunto af- fixed and attested by its Town Clerk and this Note to be dated the 27 day of April, 1950. TOWN OF SOUTHOLD, New York -,. By Korman E. Klipp (Town Seal) Supervisor. Attest: Ralph P. Booth Town Clerk Adjournment was at 5:45 P.M. Ralph P. Booth, Town Clerk