Public Notice: Special Meeting |
Notice is hereby given that the East Greenbush Town Board will be meeting on Monday, February 29, 2016 at 7:00 PM. The Special Meeting is being held to discuss the water in Hampton Manor.
Feb 29 - 7:00 PM - Special Meeting Re: Hampton Manor Water
ABSTRACT OF BOND RESOLUTION DATED JANUARY 27, 2016
The following is a summary of a resolution adopted by the Town Board of the Town of East Greenbush, Rensselaer County on January 27, 2016. Said resolution supplements a bond resolution adopted on November 14, 2012 and authorizes the issuance and sale of a serial bond or bonds, and a bond anticipation note or notes in anticipation of the issuance and sale of said serial bond or bonds, in an additional amount not to exceed $1,600,000. The proceeds from the sale of the obligations authorized in said resolution shall be used for the object or purpose of reconstruction of the Town wastewater collection and treatment system, including, but not limited to, reconstruction of the wastewater treatment plant, pump stations and sanitary sewer collection system, including costs incidental thereto. The estimated maximum cost of said object or purpose is $15,600,000, and the period of probable usefulness thereof is forty (40) years.
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