1994-06-13 SPM940613.SPM
A Special Town Board Meeting was held on June 13, 1994 at the
Town Hall, 20 Middlebush Road, Wappingers Falls, New York.
Supervisor Smith called the Meeting to order at 7:00 P.M.
Present:
Constance 0. Smith, Supervisor
Joseph Ruggiero, Councilman
`. Joseph Incoronato, Councilman
June Visconti, Councilwoman
Elaine H. Snowden, Town Clerk
Absent:
Robert Valdati, Councilman
The meeting was called for the purpose of addressing three
items; A Resolution authorizing the Supervisor to execute a
project financing and loan agreement in connection with the
proposed issuance of notes to be issued to the State of New
York State EFC; To vote on awarding of the Bid for the Myers
Corners Road Storm Sewer Replacement; and consider Change
Orders on WST/TIA Phase I Contract I.
At this time Jay Paggi, Engineer to the Town and Al Roberts
Attorney to the Town arrived.
The following Resolution was offered by COUNCILWOMAN VISCONTI,
who moved its adoption.
WHEREAS, the Town Board of the Town of Wappinger, Dutchess
County, New York, has heretofore, pursuant to a bond resolution
dated May 29, 1991, duly authorized the issuance of $17,020,000
serial bonds of said Town to pay the cost of certain sewer
improvements in and for the Wappinger Sewer
Transmission/Treatment Improvement Area in said Town; and
WHEREAS, a proposal has been submitted to said Town by the
New York State Department of Environmental Conservation ("DEC")
and the New York State Environmental Facilities Corporation
("EFC") to loan to said Town the sum of a $17,020,000 or a
portion thereof, in exchange for a $17,020,000 EFC Sewage
Treatment Facility Note, or a portion thereof, to finance said
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sewer improvements or a portion thereof; and
WHEREAS, it is not desired to authorize the Supervisor of
the Town of Wappinger to analyze said loan proposal and, if,
based upon said analysis, she believes that it is in the best
interest of the Town of Wappinger to so issue such serial bonds,
to execute a project financing and loan agreement, and any other
agreements on behalf of said Town with DEC and/or any other
EFC, including amendments thereto, and including any instruments
(or amendments thereto) in the effectuation thereof, in order to
effect the intent of the aforesaid project financing and loan
agreement and in order to, in any other way, facilitate such
loan; NOW THEREFORE, BE IT
RESOLVED by the Town Board of the Town of Wappinger,
Dutchess County, New York, as follows:
Section 1. The Supervisor of the Town of Wappinger,
Dutchess County, New York, is hereby authorized to execute a
project financing and loan agreement, and any other agreements
with DEC and/or EFC, including amendments thereto, and including
any instruments (or amendments thereto) in the effectuation
thereof, in order to effect the intent of this resolution; that
being to authorize the financing of all or a portion of the
sewer improvements described on the preambles hereof or the
refinancing of any bond anticipation notes, or a portion
thereof, issued for the financing of all or a portion of the
sewer improvements described in the preambles hereof, by a loan
in the form of a note issue of said Town, said notes to be
issued pursuant to Section 169.00 of the Local Finance Law, and
to be sold to EFC, in the amount not to exceed $17,020,000.
Section 2. Such notes shall be of such terms, form and
contents, as may be prescribed by said Supervisor, consistent
with the provisions of Section 169.00 of the Local Finance Law.
Section 3. The intent of this resolution is to give the
Supervisor sufficient authority to execute those agreements,
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instruments or to do any similar acts necessary to effect the
issuance of the notes without resorting to further action of
this Town Board.
Section 4.
i
immediately.
This resolution shall take effect
Seconded by Mr. Incoronato
ROLL CALL VOTE VOTE
Supervisor
Smith
Aye
Councilman
Ruggiero
Aye
Councilman
Valdati
Absent
Councilwoman Visconti
Aye
Councilman
Incoronato
Aye
The Resolution is hereby duly declared adopted.
The next item for the Boards consideration was for the purpose
of awarding the bid for the Myers Corners Road Storm Sewer
Replacement. There were ten (10) Bids received, the lowest
from D.E.W. Construction Corporation at $13,500.
COUNCILWOMAN VISCONTI, moved to award the Bid for the Myers
Corners Road Storm Sewer Replacement, to D.E.W. Construction
Corporation, they being the lowest bidder, and authorize the
Supervisor to sign the contract.
Seconded by Mr. Incoronato
Motion Unanimously Carried
The last item placed before the Board was for the approval of
Change Orders 6, 7, and 8 on WST/TIA Phase I contract I.
Mr. Paggi explained that there were 3 small items of work to be
done in order to close out the contract, Change Order 6 in the
amount of $776.25 to repair a component of the manhole; Change
Order 7 in the amount of $997.19 to re-lay out a manhole at the
southside of Alpine driveway because it conflicted with an
existing storm drain; Change Order 8 in the amount of
$1,575.00 for work requested by the owner of the property, Mr.
Sammartino, to reconstruct a spillway to pre-contruction
condition. The total amount being $3,348.14.
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COUNCILWOMAN VISCONTI moved, upon the recommendation of Mr.
Paggi, Engineer to the Town, for approval to change orders 6, 7,
and 8 on the WST/TIA Phase I contract I for a total amount of
$3,348.14.
Seconded by Mr. Ruggiero
Motion Unanimously Carried i
There was no other Business to come before the Board.
COUNCILWOMAN VISCONTI moved to close the Special Meeting,
seconded by Mr. Incoronato and unanimously carried.
The Special Meeting Closed at 7:09 P.M.
Elaine H. Snowden
Town Clerk
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