BOND SUMMARY RESOLUTION: INC. VILLAGE OF FLORAL PARK

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INC. VILLAGE OF FLORAL PARK

LEGAL NOTICE

BOND SUMMARY RESOLUTION The resolution, a summary of which is published herewith, has been adopted on June 15, 2021, 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 Floral 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. Susan E. Walsh Village ClerkBOND RESOLUTION OF THE VILLAGE OF FLORAL PARK, NEW YORK, ADOPTED JUNE 15, 2021, AUTHORIZING THE ACQUISITION OF VARIOUS ITEMS OF DPW EQUIPMENT, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $560,000, APPROPRIATING SAID AMOUNT FOR SUCH PURPOSE, AND AUTHORIZING THE ISSUANCE OF BONDS IN THE PRINCIPAL AMOUNT OF NOT TO EXCEED $560,000 TO FINANCE SAID APPROPRIATIONThe object or purpose for which the bonds are authorized is the acquisition of various items of DPW equipment, including: (i) a payloader at the estimated maximum cost of $150,000; (ii) a street sweeper at the estimated maximum cost of $210,000 and (iii) a salt spreader at the estimated maximum cost of $200,000 at the estimated maximum cost of $560,000.The period of probable usefulness of the bonds is fifteen (15) years.The maximum amount of obligations authorized to be issued is $560,000.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 of Floral Park, Village Hall, 1 Floral Boulevard, Floral Park, New York. DATED: July 23, 2021

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