The resolution, a summary of which is published herewith, has been adopted on the 4th day of June, 2018, and an abstract thereof has been published and posted as required by law and the period of time has elapsed for the submission and filing of a petition for a permissive referendum and a valid petition has not been submitted and filed. The validity of the obligations authorized by such resolution may be hereafter contested only if such obligations were authorized for an object or purpose for which the Village of Williston Park, in the County of Nassau, New York, is not authorized to expend money or if the provisions of law which should have been complied with as of the date of publication of this notice were not substantially complied with, and an action, suit or proceeding contesting such validity is commenced within twenty days after the date of publication of the notice, or such obligations were authorized in violation of the provisions of the constitution.
Julie Kain
Village Clerk
BOND RESOLUTION OF THE VILLAGE OF WILLISTON PARK, NEW YORK, ADOPTED JUNE 4, 2018, AUTHORIZING THE REPLACEMENT OF THE SYRACUSE STREET ELEVATED WATER STORAGE TANK, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $7,500,000, APPROPRIATING SAID AMOUNT FOR SUCH PURPOSE, AND AUTHORIZING THE ISSUANCE OF BONDS IN THE PRINCIPAL AMOUNT OF NOT TO EXCEED $7,500,000 TO FINANCE SAID APPROPRIATION
The object or purpose for which the bonds are authorized is the replacement of the Syracuse Street elevated water storage tank, including related work in connection therewith, as described in the report prepared for the Village by D&B Engineers and Architects, P.C., dated May 2018 at the estimated maximum cost of $7,500,000.
The period of probable usefulness of the bonds is forty (40) years.
The maximum amount of obligations authorized to be issued is $7,500,000.
A complete copy of the Bond Resolution summarized above shall be available for public inspection during normal business hours at the office of the Village Clerk, Village of Williston Park, Village Hall, 494 Willis Avenue, Williston Park, New York.
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