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HomeMy WebLinkAbout2026 NOTICE OF SPECIAL ELECTION East Marion Fire District in the Town of Southold Suffolk County, New York PLEASE TAKE NOTICE that pursuant to a resolution of the Board of Fire Commissioners, a special election of the qualified voters of the East Marion Fire District in East Marion,New York, County of Suffolk will be held at the East Marion Fire Department's Firehouse located at 9245 Main Road,East Marion,NY on the 16th day of June, 2026,between the hours of 6 p.m. and 9 pm. to vote on whether to approve the following one resolutions adopted by such Board of Fire Commissioners: RESOLUTION NO. 1 RESOLUTION FOR FINANCING OF A QUINT RESOLUTION OF THE BOARD OF FIRE COMMISSIONERS OF THE EAST MARION FIRE DISTRICT, IN THE TOWN OF SOUTHOLD SUFFOLK COUNTY, NEW YORK (THE "DISTRICT"), AUTHORIZING THE FINANCING OF A QUINT AND RELATED EQUIPMENT, THE MAXIMUM COST OF WHICH IS ANTICIPATED TO BE $1,697,770; APPROPRIATING SAID AMOUNT THEREFORE; AND AUTHORIZING THE FINANCING BY ISSUANCE OF A SERIAL BOND OR STATUTORY INSTALLMENT BOND OR INSTALLMENT PURCHASE AGREEMENT, UP TO TWENTY (20) YEARS FOR THE MAXIMUM AMOUNT OF $500,000 PRINCIPAL,AND TO ISSUE BOND ANTICIPATION NOTES IN CONJUNCTION WITH THE ABOVE, FOR UP TO FIVE (5) CONSECUTIVE YEARS, AND TO SELL{TRADE A SURPLUS VEHICLE VALUED AT OVER $100,000 TO BE APPLIED TO SUCH PURCHASE PRICE,AND TO REDUCE SUCH BOND AMOUNT NEEDED BY USE OF RESERVE FUNDS FROM THE EQUIPMENT AND APPARATUS RESERVE FUND UP TO $1,697,770, AND TO OBTAIN A LOAN FROM NEW YORK STATE UP TO $350,000. All persons registered to vote in the district and residing in the fire district for at least thirty (30) days prior to the day of the vote may vote in such special election. Pursuant to Local Finance Law Section 80, the validity of such bonds or notes or any bond anticipation notes issued in anticipation of the sale of such bonds may be contested only if such obligations are authorized for an object or purpose for which the fire district is not authorized to expend money; or if the provisions of law which should be complied with as of this date are not substantially complied with, and an action, suit or proceeding contesting such validity, is commenced within twenty days after the date of such publication; or such obligations are authorized in violation of the provisions of the constitution. PLEASE TAKE FURTHER NOTICE that a public meeting will be held on June 6, 2026 at 10 am at the firehouse for anyone interested in learning about the purchase and financing.