HomeMy WebLinkAboutTB-11/16/1948 Moved by Justice Albertson; seconded by Justice' Tuthill::
Resolved: - That pursuant 'to' Sec. 142 of the Highway Law,- the
Town Superintendent of Highways is hereby authorized to purchase
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from H. O. Penn Machinery Co. , Inc. with the approval of the
County, Supt. of Highways: one Forde Feed Loader for a total price
- Y of -$10,240. delivered at Peconic, N.Y.
Unanimously adopted.
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^-T Moved by Justice Terry; seconded by Justice Tuthill:
� . Resolved: That pursuant to Sec. 142 of the Highway Law the Town
Supt. of Highways is hereby authorized to purchase from H.O. Penn
Machinery Co.,, with the approval of the County Supt. of Highways ,
one Gardner-Denver Portable Air Compressor, for a total price of
$2,865. delivered at Peconic, N.Y.
- " Unanimously adopted.
Adjournment was at 5 P.M.
Ralph P. Booth
Torn Clerk
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Meeting of November 16, 1948
The Southold Town Board met at the office of Supervisor Norman
E. 'Klipp at Greenport, on Tuesday, November 16, ,1948. The meet-
ing was called to order at 1:30 P.M. with the following present:
Supervisor Klipp; Justices Terry, Albertson and Clark; Tow
Superintendent of Highways Price; Town Attorney Terry and Town
Clerk Booth.
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The minutes of the previous meeting were read and were duly ap-
proved as read.
Moved by Justice Clark; seconded by Justice Albertson:
Resolved: That the regular monthly audit meeting of this Board
be held at the office of the Supervisor at Greenport, on Tues. ,
Dec. 7, 1948, at 1::30 P.M.
Unanimously adopted.
Moved by Justice Clark; seconded by Justice Terry:
Resolved: That Irving M. Rogers of Greenport; Clarence Bergen
of Mattituck; George H. Stelzer of Southold and David Edwards of
^ � Fishers Island; be and hereby are appointed dog enumerators
for the Town of Southold for the year 1949.
Unanimously adopted.
Moved by Justice Clark; seconded by Justice Terry:
- -. Resolved: That the Supervisor' s report of transplanting escallops
be accepted and placed on file.
Unanimously adopted. .
A' Map of Goose Neck Estates was presented to the Board for ap-
proval. Moved by Justice Albertson; seconded by Justice Terry-
Resolved: That the Town Board does hereby approve the map of Goose
Neck Estates, for sub-division purposes, situate at Bay View,
Town of Southold.
--. Unanimously adopted.
Moved by Justice Clark; seconded by Justice Terry::
+ Resolved: That the Supervisor, Norman E. Klipp, be and -hereby
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is authorized to transfer Three Thousand Dollars ($37000. ) frofn
Fishers Island Ferry District Account #2 to Fishers Island Ferry
- District Account #19 the amount of Three Thousand Dollars ($31000. )
being a partial reimbursement on account of Eighty-five Hundred
Dollars ($81500.) transferred from Fishers Island Ferry District
Account #1 to Fishers Island Ferry District Account #2 by
resolution of the Southold Town Board under date of July 6, 19489 _
and be it further
Resolved: That :Account #1 be reimbursed the balance of Five t
Thousand- Five Hundred Dollard ($5, 500.) from subsequent receipts
from -Account #2._
Unanimously adopted. �'-
Moved by Justice Albertson-, seconded by Justice Clark:
Whereas, there exists a vacancy in the office of commissioners
of the Fishers Island Ferry District, caused by the resignation
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of Leland H. Goss , and
Whereas , it becomes necessary to appoint some person to fill
such vacancy, Now Therefore Be It
Resolved: That Miss Polly Edmonds be and hereby is appointed
on the recommendation of the Commissioners of the Fishers Island � -
Ferry District, to the office of Commissioner of the Fishers Island
Ferry District, to hold such office until the next annual meeting
for the election of Commissioners of the District, at which time t
the vacancy caused by the resignation of Leland H. Goss shall be
filled for the -remaining unexpired term of Leland H. Goss.
Unanimously adopted. ~'
Moved by Justice Albertson; seconded by Justice Terry:
Whereas , under the provisions of- Chapter 699, of the Laws of
New York, 1947, it is provided that all claims against the Fishers
Island Ferry District shall be audited monthly by the Town Board
of the Town of Southold, and
Whereas , none of the members of the Town Board reside on Fishers t--_
Island or in close proximity thereto except one Justice of the. Peace,
who resides on Fishers Island, and who is the only member of the
Town Board in a position to maintain continuous personal contact a _
with the Commissioners of said Fishers Island Ferry District, and
Whereas , the maintenance and operation of the said Fishers Island
Ferry is for the sole benefit of the inhabitants of the Fishers
Island' Ferry District, and
Whereas , it is in the best interest of the said inhabitants that f
the local member of the Town Board maintain constant supervision
over the operation of said District,
Now Therefore Be It Resolved: that all claims of the Fishers Island
: Ferry District, and all reports of the 'Commissioners of said 'District ..r.,
he presented to the member of the Town Board 'residing on Fishers
Island, for examination and approval by him prior to being sub- + "
mitted to the Town Board for audit . .
Unanimously adopted.
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Moved by Justice Clark; Seconded by Justice Albertson:
Whereas, the Town Board of the Town of Southold, N.Y. , by a
resolution duly adopted on the 3rd day of November, 1948,
authorized the Town Superintendent of Highways to purchase certain
'equipment for highway construction and maintenance at a total cost 1
of $16,682.00 subject to the approval of the County Superintendent
of Highways, and provided that $15,000. of such cost was to be paid � •,.
from the proceeds of obligations to be issued pursuant to the
Local Finance Law, and
WHEREAS, a contract of purchase for such equipment was duly
entered into by the Town Superintendent of Highways on -he 9th
day of November 1948, which contract has been duly approved by `� y
the County Superintendent of Highways.
NOW, THEREFORE, BE IT RESOLVED;
1. The specific object or purpose for which obligations
are to be issued pursuant to this resolutionis to finance the
cost of:-
One (1) Walter Snow Fighter Model AGBS complete with 185 HP
32000 GVM, Hydraulic power steer, air brakes, tires 12,00/34
singles , defroster-heater, OV--15 offset "V" plow, SWR-12 Right-
Spe'edwing - SWL Left Speedwing control.
2. The maximum cost of such equipment is $161682.00 and the .►
9lan of financing such cost is as follows: A down payment of
1682. is to be paid from the Machinery Fund, and the balance
of the cost is to be provided by the issuance of serial bonds in �,,-.
- - the amount of $1 5,000. pursuant to this ree&lotion.
y 3. The following determi-nations are hereby made:
4) 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 sub-
division 1128".
(c) The proposed maturity of the obligations authorized by
this resolution will not be in excess of five years.
Tom • 4. The down payment required to be provided pursuant to Sec-
tion 107.00 of the Local Finance Law has been provided from current
Y funds.
5. That the Town of Southold issue its serial bonds in the
amount of $151000. to finance such cost in accordance with the fin-
ancial plan set forth above. Such bonds shall be dated approximately
� T as of the date of the delivery of such equipment and the power to-
fix and determine the exact date of such obligations is hereby *-"-
delegated to the Supervisor.
6. Such bonds shall be numbered 1 to 4 inclusive, shall be
in the denomination of $4,000. -each for the first three bonds, and
$3 ,000. for the final bond, and: shall mature in annual installments
•�, r in the years and amounts as follows: 1949 $49000.00; 1950 $4,000.00;
1951 $4,000. , and 1952 $3,000.00. 'he power to determine the date
upon which- such installment shall become due and payable is hereby
delegated to the Supervisor. The -bonds shall be issued in bearer
_ forms withoutcoupons, and shall not contain a power to convert to re-
gistered form. 'The bonds shall bear interest at a rate not exceed-
ing 2-1/2 per centum per annum payable semi-annually..
7. The Supervisor is hereby delegated the power to prepare such
bonds and to sell such bonds at private sale at not less than par
--> and accrued interest, and at such sale to fix the interest rate to
be borne by such bonds within the limitations set forth in this
resolution. The- Supervisor shall deliver such bonds to the purchaser
thereof only against ,eash or a certified check. The proceeds of
sale of the -bonds shall be deposited in a special bank..accourit as
required by Section 165.00 of the Local Finance 'Law. . The powers
delegated to the Supervisor by this resolution shall be exercised
ti in conformity with the provisions of the Local Finance Law.
8. This resolution shall take effect immediately.
The bonds shall be in substantially the following form:-
-' - No. UNITCD STATES OF AMERICA $47000.00
STATE OF NEW YORK
COUNTY OF SUFFDL'K
TOWN OF SOUTHOLD
� a SERIAL BOND OF 1948.
- T The Town of Southold, 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 bearer of this bond on the
lst day of 194 , the sum of Four Thousand .($4,000..00)
Dollars 3 and to pay interest on such sum at the rate of per
centum l %) per annum, semi-annually ,on the ls,� day of October
and April in each year from the date of this bond until it matures ,
- upon presentation of this bond for notetion of such interest payment
thereon. Both principal of and interest on this bond will be paid
' y in lawful money of the United States of America, at the office
— � of
This bond may not be converted into a registered bond.
This bond is one of an authorized issue, the aggregate prin-
cipal amount of which is $15,000. , the bonds of which are of like
tenor, except as to number, maturity and demoniaation, and are
issued pursuant to a bond resolution entitled "Serial Bond Resolution"
duly adopted b y the Town Board of such Town of Southold, New York,
on November 16, 1948.
_. The faith and credit of such Town of Southold, New York, are
hereby irrevocably pledged for the punctual payment of the principal
of and interest on this bond 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 Neur York to exist, to have happened and to have been performed
precedent to and in the issuance of this bond,; exist,., have happened
and have been performed, and that the issue of bonds of 47hieh this is
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one, together with all other indebtedness of such Town of Southold Y~
New York, is within every debt and other liinit prescribed .by the ` -
Constitution and laws of such State.
IN WITNESS WHEREOF' the Town of Southold' New York, has caused
this bond to be signed by its Supervisor' and its corporate seal
to be hereunto affixed and attested by its Town Clerk and this bond
to be dated as of the day of
S S✓�
�Y
TOWN OF SOUTHOLD!�- NEW YORK
By �-
(Town Seal)
Attest:
Upon the question of the adoption of the foregoing resol-
ution, the following voted "Aye" in favor of the resolution:
Supervisor - Norman E. Klipp >
Justice of the Peace - Harry Terry
Justice of the Peace - Henry Clark
Justice of the Peace - Lester M. Albertson
_The following voted "No" in opposition to the resolution:;.
None .
The resolution having received at least a two-thirds vote of`
the members of the Town Board, was declared by the Supervisor to
be duly adopted.
CERTIFICATE OF SUPERVISOR
The undersigned does her•egy certify that pursuant to the powers . >
delegated to him as Supervisor of the Town of Southold, N.Y. ,
in and by a resolution of -the Town Board of such Town adopted
On November 16th, 1948, he has this day
1. Fixed the date of the serial bonds authorised in such
resolution as of the first day of December, 1948.
2. Fixed the date upon which such bonds shall become due , 4
as follows: No . 1 on March 1, 1949; No. 2 on March 1, 1950;
No. 3 on March 1, 1951; No . 4 on March 1, 1952;
3. Fixed the interest rate of such bonds at one and nine. •�
tenths (1.9 %) per centum per annum to be paid (semi-annually) on , .
the First day of March and September in each year during the life=
of the bonds.The undersigned does further- 'certify that such bonds were this �
day sold to The Mattituck National Bank and Trust Company of
Mattituck, New York, at a private sale.
Dated December 1, 1948.
Norman E. Klipp.
Supervisor of Town of Southold,N.Y_..
Adjournment was at 5 P.M.
7-7"
Ralph P . Booth ;
Town Clerk