2011-2332011-233
Resolution Authorizing Road Resurfacing Bond
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 June 20, 2011.
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
Ismay Czarniecki
Joseph P. Paoloni
The following Resolution was introduced by Councilwoman Czarniecki and seconded by
Councilman Bettina.
WHEREAS, the Town of Wappinger has approximately 100 miles of Town owned and/or
maintained Town roads; and
WHEREAS, Graham Foster, Highway Superintendent, has implemented a plan to pave at least 5
miles of roads per year; and
WHEREAS, Graham Foster has determined that the estimated cost to pave 5 miles of roads in
this fiscal year will be approximately $750,000.00; and
WHEREAS, the Town Board is desirous of funding the cost of such paving and/or resurfacing of
roads by the issuance of Serial Bonds of the Town of Wappinger in accordance with Local Finance Law.
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 directs the Attorney to the Town, Albert P. Roberts, to coordinate the
necessary Bonding Resolutions and related legal work with Douglas Goodfriend of
Orrick, Herrington & Sutcliffe, LLP, and directs that such Bond Resolutions and related
legal work be drafted as soon as practicable and to be placed on the next available Town
Board agenda.
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
ISMAY CZARNIECKI, COUNCILWOMAN
Voting:
AYE
JOSEPH P. PAOLONI, COUNCILMAN
Voting:
NAY
Dated: Wappingers Falls, New York
6/20/2011
The Resolution is hereby duly declared adopted.
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t)RN C. MASTERSON, TOWN CLERK