2008-308Resolution Amending Resolution 2008-283 for Lee Knolls
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 October
15, 2008.
The meeting was called to order by Christopher Colsey, Supervisor, and upon roll being
called, the following were present:
PRESENT: Supervisor
Councilmembers
ABSENT:
Christopher J. Colsey
William H. Beale
Vincent F. Bettina
Maureen McCarthy (arrived at 7:11 PM)
Joseph P. Paoloni (arrived at 7:07 PM)
The following Resolution was introduced by Councilwoman McCarthy and seconded by
Councilman Bettina.
WHEREAS, pursuant to Resolution No. 2008-283, the Town Board accepted the roads,
easements and utilities and other improvements in Phase IV of the Lee Knolls Subdivision; and
WHEREAS, O'Donnell Builders of Dutchess, Inc. posted a Maintenance Agreement
secured by a Letter of Credit in the principal sum of Fifty -Seven Thousand, One Hundred
Twenty -Three Dollars and 00/100 ($57,123.00) to secure the obligations contained in the
Maintenance Agreement; and
WHEREAS, principal amount of the Letter of Credit was erroneously described as being
in the amount of Twenty -Three Thousand, Three Hundred Twenty -Eight Dollars and 00/100
($23,328.00) in Resolution No. 2008-283.
NOW, THEREFORE, BE IT RESOLVED, as follows:
The recitations above set forth are incorporated in this Resolution as if fully set
forth and adopted herein.
2. Resolution No. 2008-283 is hereby amended to reflect that the Maintenance
Agreement executed by O'Donnell Builders of Dutchess, Inc., posted with the Town of
Wappinger as the guarantee that the quality and workmanship of the improvements of the Phase
IV of the Lee Knolls Subdivision will be free from defects in materials for a period of one year,
was secured by a Letter of Credit issued by M&T Bank, bearing No. SB -906323-2000 in the
principal sum of Fifty -Seven Thousand One Hundred Twenty -Three ($57,123.00) Dollars.
Except for the amount of the security bond posted to secure the Maintenance Agreement
executed by O'Donnell Builders of Dutchess, Inc., Resolution No. 2008-283 is herby otherwise
ratified and confirmed.
The foregoing was put to a vote which resulted as follows:
CHRISTOPHER COLSEY, SUPERVISOR
Voting:
AYE
WILLIAM H. BEALE, COUNCILMAN
Voting:
AYE
VINCENT F. BETTINA, COUNCILMAN
Voting:
AYE
MAUREEN McCARTHY, COUNCILWOMAN
Voting:
AYE
JOSEPH P. PAOLONI, COUNCILMAN
Voting:
AYE
Dated: Wappingers Falls, New York
10/15/2008
The Resolution is hereby duly declared adopted.
Q/0 C
HN C. M STERSON, TOWN CLERK