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2006-058RESOLUTION: 2006-58 Resolution Rescinding the Authorization to Issue Two Million Four Hundred and Ninety -Six Dollars ($2,496,000.00) Serial Bonds for the Town Recreation Center 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 the 13th day of February 2006, at 7:30 P.M. The meeting was called to order by Joseph Ruggiero, Supervisor, and upon roll being called, the following were present: PRESENT: Supervisor - Joseph Ruggiero Councilmembers - AuffiWimak Vincent F. Bettina osep ao om (arrived at 8:03 pm Maureen McCarthy ABSENT: The following Resolution was introduced by Ms - McCarthy and seconded by Mr. Paoloni WHEREAS, by Resolution adopted on September 10, 2001, the Town Board adopted a Resolution authorizing the issuance of Two Million Four Hundred Ninety -Six Dollars ($2,496,000.00) Serial Bonds of the Town to pay the cost of the construction of a proposed Town Recreation Center on a parcel of Town owned property located on Montfort Road in the Town of Wappinger; and WHEREAS, the Town Board has determined that the construction of the Town Recreation Center at this site is not feasible; and WHEREAS, the Town Board wishes to rescind the Resolution Authorizing the Issuance of Two Million Four Hundred Ninety -Six Thousand Dollars ($2,296,000.00) Serial Bonds originally authorized to pay for the construction of a Town Recreation Center. 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 the Resolution adopted by the Town Board on September 10, 2001, Authorizing the Issuance of Two Million Four Hundred Ninety -Six Dollars ($2,496,000.00) Serial Bonds of the Town of Wappinger to pay the cost of the construction of a Town Recreation Center on a parcel of Town owned property located on Montfort Road in the Town of Wappinger. V Vote Record - Resolution 2006-58 Adopted Yes/Aye No/Nay Abstain 0 Absent LUU • Adopted as Amended _12�m Robert Valdati 0 0 • Defeated Vincent Bettina —0 0 0 Tabled Joseph Paoloni 0 0 K-- ❑0 0 Withdrawn Maureen McCarthy V 1 0 Dated: Wappingers Falls, New York January 13, 2006 A The Resolution is hereby duly declared adopted. �4km C. Masterson, Town Clerk