The URL can be used to link to this page

Home My WebLink AboutTB-08/12/1952 439 MEETING OF AUGUST 12, 1952. The Southold Town Board met at the office of Supervisor Norman E. Klipp y� at Greenport' on Tuesday, August 12, 1952. The meeting was called to order at 1:30 P.M. with the following present: Supervisor Klipp: Justices Terry, Tuthill, Albertson and Clark; Town 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 2:15 P.M. - Moved by Justice Clark; seconded by Justice Albertson: RESDLVED: That the minutes of the two previous meetings be and same are hereby duly approved as read. Vote of Town Board: Ayes-Supervisor Klipp; Justices Terry, Tuthill, Albertson and Clark. Otto W. Van Tuyle appeared before the Board presenting a map of Bayside � Terrace at Southold, for sub-division purposes. .t w Moved by Justice Albertson; seconded by Justice Tuthill: � ,. RESOLVED: That pursuant to Section 335 of the Real Property Law, the Town Board does hereby approve the map of Bayside Terrace , situated at Southold, Town of 6outhold, N.Y. owned and developed by Eastern Suffolk :n Realty Inc. for sub-division purposes Vote of Town Board:Ayes-oupervisor Klipp; Justices Terry, Tuthilll., Albertson and Clark. Mloved by Justice Clark; seconded by Justice Tuthill: RESOLVED: That the Town Board make its official visit to Fishers Island on Friday, August 22, 1952. Vote of Town Board: Ayes-Supervisor Klipp; Justices Terry, Tuthill, Albertson and Clark. A petition was read representing property owners of Orient , requesting the Town Board to change the name of Main Street to Village Lane. Moved by Justice Clark; seconded by Justice Albertson: RESOLVED: Thht George E. Latham, Assessor for the Town of Southold in that district , be requested to ascertain if the names on said petition are property owners on Main Street and that there is over 50% of prop- erty owners signatures on said petition. ' ? `,Tote of Town Board: Ayes-Supervisor Klipp; Justices Terry, Tuthill, Albertson and Clark. Moved by Justice Clark; secoo.ded by Justice Tuthill: RESOLVED: That Bond i1o. 496048 issued by the Glens Falls Indemnity Company, in the sum cDf $1,000.00, on behalf of Theodore B. Howard, be ' and the same is hereby approved as to its form, sum, manner of execution . and sufficiency of surety therein. Vote of Town Board: Ayes-Supervisor Klipp; Justices Terry, Tuthill, Albertson and Clark. A communication was read from the Board of Trustees .of the Southold Methodist Church expressing their appreciation for -the work being done ,Y. on the parking field. Moved by Justice Albertson; seconded by Justice Clark: „ y RESOLVED: That the police Report for the month of July be accepted by the Town Board and placed on file. Vote of town -board: Ayes- Supervisor Klipp; Justices Terry, Tuthill, Albertson and Ulark. Moved by Justice Terry; seconded by Justice Tuthill: RESOLED: That General Bills in the sum of $4,012.31, Lighting Bills .. . in the sum of $1,346.99, Fishers Island Ferry District Hills in the sum 6f $9,290.98, Town Trustee Account in the sum of 30.00, be an the same are hereby ordered paid. Vote of Town Board: Ayes- .Supervisor Klipp; Justices Terry, Tuthill , ' � Albertson and Clark. 1, 440 The Supervisor appointed Justice Clark and Justice Albertson a committee to meet with Edwin S . Conklin, Building Inspector for the Town of Southold and Town Attorney R. G. Terry to meet with Stanley Corwin, Esq. in reference to the Multiple Resident Law. ' Moved by Justice Albertson; seconded by Justice Clark: CAPITAL NOTE RESOLUTION of August 12, 1952, of the Town of Southold , of Suffolk County, New York, in the AMOUNT OF $2 :200.00. WHEREAS , the Town Board of the Tawn of 'outhold , New York, after due public notice , by resolution duly adopted on July 29th, 1952, author- ized the installation of a complete circulated hot water oil burning heating system for the Town Clerk' s Building at Southold, in the Town of Southold, New York at a cost not to exceed $2,200.00 and provided that $2,200.00 of such cost was to be paid from the proceeds of oblig- ations to be issued pursuant to the Local Finance Law, and WHEREAS, a contract for the purchasing ,and installa3tion of such heat- ing system has been entered into, NOW, THEREFORE, BE IT RESOLVED, this 12th day of August, 1952 by the Town Board of the Town of "outhold , New York, as follows: Section 1. That the specific object and purpose for which obligations are to be issued pursuant to the provisions of this Resolution is to finance the installation of a complete circulated hot water o3hl burning ' heating system for the Town Clerk's Building at Southold, in the Town of Southold, New York; that the maximum cost of such installation ia. $2200.00, and the financing of such cost isto be provided by the issu- ance of a capital note in the amount of $2200.00 pursuant to this Resolution; that the following determinations are hereby made: (a� The period of probable usefulness of such equipment is five years; (b) The subdivision of paragraph a of Section 11.00 of the Local Finance Law which is applicable in the circumstances is subdivision "13" • and c) The proposed maturity of the obligation authorized by this ' - Resolution will not be in excess of one year. Section 2. That, except as herein specifically prescribed, said note shall be of the date, terms , formli contents and place of payment and at a rate of interest not exceeding per aentum 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. Section 1. That said note shall be sold at private sale by the Town Supervisor at a price of not lees than par value and 'accrued interest, if any, and upon due execution and sale 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 acquitance to such -purchaser who shall not be obliged to see the application of the purchase money. Section 4. The full faith and credit of the Town of Southold, 1�ew York, are pledged to the punctual payment of P g P p y 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; Justices of the Peace Harry Terry, Ralph Tuthill, Lester Albertson and Henry A. Clark. Absent------------Justice of the Peace E. Perry Edwards. Hayes-------------None THE SUPERVISOR THEREUPON DECLARED THAT THE RESOLUTION WAS DULY ADOPTED. - T No. 1 UNITED STATES OF AMERICA $29200.00 STATE OF NEW YORK COUNTY OF SUFFOLK TOWN OF SOUTHOLD CAPITAL NOTE OF 1952 The TOWN OF SOUTHOLD, in the County of Suffolk, a municipality of the State of New York, hereby acknowledges itself indebted to and for value �( received promises to pay to the Peoples National Bank, Greenport, N.Y. the sum of TWO THOUSAND AND 'TWO HUNDRED (82 t200.00) DOLLARS , on the 12th of August, 1953 , to ether with interest thereon from the date hereof at the rate of 1- /10ths per centum Both principal and interest of this note will ben paidpbl ina lawful nmoney. of the United States of America , at the office of the Supervisor of the Town of Southold , Greenport, Suffolk County' New York. 141 i This note may not be converted to registered form. This note is the only note of an authorized issue in the amount of $2,200.00 for the purpose of financing the cost of installation of a complete circulat- ing hot grater oil burning heating system for the Town Clerk' s Building ' at Southold, in the Town of Southold ' Suffolk County, New York. This note is issued pursuant to the pro-bisions of a resolution entitled "Capital Mote Resolution" , duly adopted by the Town Board of such Town of Southold, . on August 12, 1952; and the privilege is herein reserved by the said Town of Southold to pre-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 interedt on A` this Note according to its terms , It is hereby recited and certified 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 this Note , together with all other indebtedness of such TOWN OF SOUTHOLD is within every debt and other limit prescribed bytlhhe Constitution and Laws of such State. T IN WITNESS WHEREOF, the TOWN OF SOUTHOLD, 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 the 12th day of August, 1952. Town Seal) TOWN OF SOUTHOLD, New York Attest: By >� Norman E. Klipp Ralph P. Booth Supervisor Town Clerk Adjournment was at 4 P. M. ' Ralph P. Booth Town Clerk ,w R 7 Y/ 7 �1 ti AV . ,u 11 Y 1 1 7 + r '1 w 10 }: r � V