2005-10-26 SPM10/26/2005.SPM
A Special Meeting of the Town Board of the Town of Wappinger was held on October
26, 2005 at the Town Hall, 20 Middlebush Road, Wappingers Falls, New York.
Supervisor Ruggiero called the meeting to order at 7:41 p.m.
Present:
Joseph Ruggiero, Supervisor
Robert Valdati, Councilman
Maureen McCarthy, Councilwoman
Joseph Paoloni, Councilman
John C. Masterson,, Town Clerk
Absent:
Vincent Bettina, Councilman
RESOLUTION NO. 2005 -147
REVENUE ANTICIPATION NOTE RESOLUTION DATED OCTOBER 6,
2005.
A RESOLUTION DELEGATING TO THE SUPERVISOR OF THE TOWN
OF WAPPINGER, DUTCHESS COUNTY, NEW YORK, THE POWER TO
AUTHORIZE THE ISSUANCE OF AND TO SELL NOT EXCEEDING
$300,000 REVENUE ANTICIPATION NOTES OF SAID TOWN IN
ANTICIPATION OF THE RECEIPT OF MORTGAGE TAX REVENUE
BECOMING DUE DURING THE CURRENT FISCAL YEAR OF SAID
TOWN.
The following resolution was offered by Councilwoman McCarthy who moved its
adoption, seconded by Councilman Valdati, to -wit:
BE IT RESOLVED, by the Supervisor of the Town of Wappinger, Dutchess County, New
York, as follows:
Section 1. The power to authorize the issuance of and to sell not exceeding
$300,000 revenue anticipation notes of the Town of Wappinger, Dutchess County, New
York, including renewals thereof, in anticipation of the receipt of mortgage tax revenue
becoming due during the current fiscal year of said Town, is hereby delegated to the
Supervisor, the chief fiscal officer. Such notes shall be of such terms, form and contents,
and shall be sold in such manner as may be determined by said Supervisor, pursuant to
the provisions of the Local Finance Law.
Section 2. This resolution shall take effect immediately.
The question of the adoption of the foregoing resolution was duly put to a vote on
roll call, which resulted as follows:
Supervisor Ruggiero
Voting
Aye
Councilman Valdati
Voting
Aye
Councilman Bettina
Voting
Absent
Councilwoman McCarthy
Voting
Aye
Councilman Paoloni
Voting
Aye
The resolution was thereupon declared duly adopted.
There was no further business to come before the Town Board.
10/26/2005.SPM
Council Paoloni moved to close the meeting, seconded by Councilwoman McCarthy and
unanimously carried.
The meeting adjourned at 7:42 p.m.
John C. Masterson
Town Clerk
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