LEGAL NOTICE OF
ESTOPPEL
The bond resolution, summary of which is published herewith, has been adopted on March 11, 2019, and 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 Lake Success, Nassau County, 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 this notice, or such obligations were authorized in violation of the provisions of the Constitution.
A complete copy of the resolution summarized herewith is available for public inspection during regular business hours at the Office of the Village Clerk for a period of twenty days from the date of publication of this Notice.
Dated: Lake Success,
New York,
March 13, 2019, 2019.
Patrick E. Farrell
Village Clerk
BOND RESOLUTION DATED MARCH 11, 2019.
A RESOLUTION AUTHORIZING VARIOUS PURPOSES IN AND FOR THE VILLAGE OF LAKE SUCCESS, NASSAU COUNTY, NEW YORK, AT A TOTAL MAXIMUM ESTIMATED COST OF $324,650, AND AUTHORIZING THE ISSUANCE OF $324,650 BONDS OF SAID VILLAGE TO PAY THE COSTS THEREOF.
Object or purpose:
Purchase of equipment for the golf course
Maximum estimated cost:
$115,400
Period of probable usefulness: Five years
Amount of obligations to be issued:
$115,400 bonds
Object or purpose:
Bathroom improvements
Maximum estimated cost:
$40,000
Period of probable usefulness: Five years
Amount of obligations to be issued:
$40,000 bonds
Object or purpose:
Drainage improvements
Maximum estimated cost:
$169,250
Period of probable usefulness: Forty years (limited to five years)
Amount of obligations to be issued:
$169,250 bonds
GNN #150704
1x 3/22/2019 #150704
