2008-3702008-370
Resolution Rescinding Authority to Issue Bonds for the Purchase of Technology
Equipment
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 Beale and seconded by
Councilman Paoloni.
WHEREAS, on July 23, 2008, the Town Board adopted Resolution 2008-212 entitled
"A Resolution Authorizing, Subject to Permissive Referendum, the Purchase of Technology
Equipment and Software for Accounting, Financial Management and related use in and for the
Town of Wappinger, Dutchess County, New York, at an Aggregate Maximum Estimated cost of
$63,500 and Authorizing the Issuance of $63,500 Bonds of said Town to pay the cost thereof";
and
WHEREAS, Resolution 2008-212 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 Town Accountant determined that there was sufficient money in current
revenues to pay for the Technology Equipment and Software and the Town Board amended the
2008 budget accordingly; and
WHEREAS, the budget amendment has made 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 2008-212.
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. The Town Board hereby rescinds Resolution 2008-212.
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.
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