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2008-3692008-369 Resolution Rescinding Authority to Issue Bonds for Purchase of Passenger Vehicle 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 December 8, 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 Joseph P. Paoloni The following Resolution was introduced by Councilman Paoloni and seconded by Councilwoman McCarthy. WHEREAS, on July 23, 2008, the Town Board adopted Resolution 2008-213 entitled "A Resolution Authorizing the Purchase of a Passenger Vehicle for the Town of Wappinger, Dutchess County, New York, at a Maximum Estimated Cost of $8,000, and Authorizing the Issuance of $8,000 Bonds of Said Town to Pay the Cost Thereof'; and WHEREAS, Resolution 2008-213 authorized the issuance of bonds, secured by the faith and credit of the Town of Wappinger, for the purchase of said Technology Equipment and Software; and WHEREAS, the actual cost of the passenger vehicle was $4,800.00 and sufficient current funds were available to buy it without borrowing thus making the need for the issuance of bonds unnecessary; and WHEREAS, no bonds or bond anticipation notes have been issued and no borrowing has taken place pursuant to Resolution 2008-213. NOW, THEREFORE, BE IT RESOLVED, as follows: I . The recitations above set forth are incorporated in this Resolution as if fully set forth and adopted herein. 2. The Town Board hereby rescinds Resolution 2008-213. 3. The Town Accountant, Town Attorney and the Town Supervisor are authorized to take all necessary actions to effectuate the provisions of this Resolution. 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 12/8/2008 The Resolution is hereby duly declared adopted. HN C. MASTERSON, TOWN CLERK