2014-291 2014-291
Resolution Authorizing The Execution Of"Municipalities Continuing Disclosure
Cooperation Initiative Questionnaire For Self-Reporting Entities"
At a regular meeting of the Town Board of the Town of Wappinger, Dutchess County,
New York, held at Town Hall, 20 Middlebush Road, Wappingers Falls, New York, on
November 24, 2014.
The meeting was called to order by Barbara Gutzler, Supervisor, and upon roll being
called, the following was recorded:
The following Resolution was introduced by Councilman and seconded by Councilman .
WHEREAS, Douglas E. Goodfriend, Special Counsel to the Town for municipal bond
matters, and Attorney to the Town Albert P. Roberts, discussed the Municipalities Continuing
Disclosure Cooperation Initiative ("MCDC Initiative") and the Town's obligation pursuant
thereto; and
WHEREAS, and the Town Board has determined that it is in the best interest of the
Town to execute the Self-Reporting Questionnaire under the MCDC Initiative, in the form as
discussed in Executive Session;
NOW, THEREFORE, BE IT RESOLVED, as follows:
1. The recitations above set forth are incorporated in this Resolution as if fully set
forth and adopted herein.
2. Supervisor Barbara A. Gutzler is hereby authorized and directed to execute the
Municipalities Continuing Disclosure Cooperation Initiative Questionnaire for Self-Reporting
Entities in the form and in the manner as discussed and approved in Executive Session; and
3. Supervisor Barbara A. Gutzler is hereby authorized and directed to execute the
Municipalities Continuing Disclosure Cooperation Initiative Questionnaire for Self-Reporting
Entities to the SEC as advised by Special Counsel Douglas E. Goodfriend; and
4. Supervisor Barbara A. Gutzler, Special Counsel to the Town Board Douglas E.
Goodfriend and Attorney to the Town Albert P. Roberts are fiirther authorized and directed to
take whatever steps are reasonable and necessary to comply with the MCDC Initiative
The foregoing was put to a vote which resulted as follows:
Dated: Wappingers Falls, New York
11/24/2014
The Resolution is hereby duly declared adopted.
JOSEPH P. PAOLONI, TOWN CLERK