2009-278r Z='—
k "No ma E
2009-278
A Resolution Authorizing the Issuance of Not Exceeding $28,000 Budget Notes of the Town
of Wappinger, Dutchess County, New York, to Pay Certain Costs for Which No Provision
was Made in the Annual Budget of Said Town for the Current Fiscal Year and Delegating
to the Town Supervisor the Power to Fix the Details, Form and Contents Thereof and to
Sell the Same.
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
September 14, 2009.
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 (arrived at 7:05 PM)
Vincent F. Bettina
Maureen McCarthy (departed 10:13PM)
Joseph P. Paoloni
The following Resolution was introduced by Councilwoman McCarthy and seconded by
Councilman Beale.
WHEREAS, Section 29.00(2) of the Local Finance law authorizes a town which adopts
an annual budget to issue budget notes during any fiscal year for expenditures for which an
insufficient or no provision has been made in the annual budget for said fiscal year in an amount
not to exceed five per centum of the amount of such annual budget (or the portion thereof
relating to an improvement district in the case of district expenditures); and
WHEREAS, the amount of the current budget for the current fiscal year of the Town of
Wappinger, Dutchess County, New York, is $16,064,048.30, including special districts; and
WHEREAS, the facts and circumstances necessitating the issuance of the budget notes
herein authorized are for the payment toward the Grinnell Library for which an insufficient
amount was made in the budget for the current fiscal year; and
WHEREAS, no other funds are available with which to pay or provide for the object or
purpose referred to herein; and
WHEREAS, it is now desired to authorize the issuance of not exceeding $28,000 budget
notes of said Town to pay said object or purpose;
NOW, THEREFORE, BE IT RESOLVED by the Town Board of the Town of
Wappinger, Dutchess County, New York, as follows:
Section 1. The issuance of not exceeding $28,000 budget notes of the Town of
Wappinger, Dutchess County, New York, to pay certain costs of the Grinnell Library for which
insufficient provision was made in the annual budget of said Town for the current fiscal year, is
hereby authorized. Such notes shall mature not more than one year after the date of issuance
thereof and such notes shall be of such other terms, form and contents, and shall be sold in such
manner and shall contain such other details as may be determined by the Town Supervisor
pursuant to the provisions of the Local Finance Law.
Section 2. This resolution shall take effect immediately.
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
9/14/2009
The Resolution is hereby duly declared adopted.
J C. MASTERSON, TOWN CLERK