Introduction

NOTICE OF SPECIAL ELECTION Warwick Fire District – RESOLUTION FOR FINANCING OF A NEW STATION

NOTICE OF SPECIAL ELECTION Warwick Fire District – RESOLUTION FOR FINANCING OF A NEW STATION

NOTICE IS HEREBY GIVEN that pursuant to a resolution of the Board of Fire Commissioners, a special election of the qualified voters of the Warwick Fire District in the Town of Warwick, County of Orange, State of New York, will be held at the Station 3 firehouse located at 132 South Street Ext., Warwick, New York on the 2nd day of July, 2019, between the hours of 6 p.m. and 9 p.m. to vote on whether to approve the following resolution adopted by such Board of Fire Commissioners:

RESOLUTION FOR FINANCING OF A NEW STATION:

RESOLUTION OF THE BOARD OF FIRE COMMISSIONERS OF THE WARWICK FIRE DISTRICT, TOWN OF WARWICK, ORANGE COUNTY, NEW YORK, AUTHORIZING THE FINANCING OF THE CONSTRUCTION OF A NEW STATION; ESTIMATING THE TOTAL COST THEREOF AT A MAXIMUM OF $4,600,000 PRINCIPAL; APPROPRIATING SAID AMOUNT THEREFORE; AND AUTHORIZING THE FINANCING BY A COMBINATION, IN FULL OR IN PART, OF ANY OF THE FOLLOWING: BY ISSUANCE OF A SERIAL BOND OR STATUTORY INSTALLMENT BOND FOR UP TO $4,600,000 UP TO THIRTY (30) YEARS AND TO ISSUE BOND ANTICIPATION NOTES IN CONJUNCTION WITH THE ABOVE, FOR UP TO FIVE CONSECUTIVE YEARS.

That pursuant to Local Finance Law Section 80, the validity of such bonds or notes or any bond anticipation notes issued in anticipation of the sale of such bonds may be contested only if such obligations are authorized for an object or purpose for which the fire district is not authorized to expend money; or if the provisions of law which should be complied with as of this date are not substantially complied with, and an action, suit or proceeding contesting such validity, is commenced within twenty days after the date of such publication; or such obligations are authorized in violation of the provisions of the constitution.   All persons registered to vote in the district and residing in the district for at least thirty (30) days prior to the day of the vote may vote in such special election.

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