The resolution summarized below was adopted by the North Greenbush Fire District No. 1 Board of Fire Commissioners on February 13, 2023 and approved by the electors of the North Greenbush Fire District No. 1 on April 4, 2023, and the validity of the obligations authorized by such resolution may be hereafter contested only if such obligations were authorized for an object or purpose for which the North Greenbush Fire District No. 1 is not authorized to expend money or if the provisions of law that should have been complied with as of the date of publication of this notice were not substantially complied with, and an action, suit, or proceeding contesting such validity is commenced within twenty (20) days after the date of publication of this notice, or such obligations were authorized in violation of the provisions of the State Constitution.
A Bond Resolution adopted by the Board of Fire Commissioners of North Greenbush Fire District No.1 in the Town of North Greenbush, County of Rensselaer, State of New York on February 13, 2023 for the objects and purposes of authorizing the partial reconstruction of the Wynantskill Fire Station located at 511 Church Street Wynantskill, New York, including incidental equipment and expenses in connection therewith at a maximum estimated cost of $2,850,000; authorizing the issuance of serial bonds of the Fire District in an amount not to exceed $2,850,000 or so much thereof as may be necessary to pay the cost thereof after deducting any federal, state, county, and/or local funds received; pledging the faith and credit of the Fire District for the payment of the principal and interest on said bonds; authorizing the expenditure of an amount not to exceed three hundred fifty thousand dollars ($350,000) from the fire district’s building capital reserve account to be used as best determined by the board of fire commissioners to cover a portion of the costs of the project and reduce the total amount of the bonds issued; authorizing the annual levy on all taxable real property of the Fire District, a tax sufficient to pay the principal interest on said bonds as the same becomes due and payable; determining that the period of probable usefulness thereof and maximum maturity of the serial bonds therefor is fifteen (15) years; delegating the power to authorize and sell bond anticipation notes and to fix the details of and to sell serial bonds to the Fire District Treasurer.
A copy of the entire resolution hereinbefore summarized is available for public inspection during normal business hours at the Fire District Offices located at the 350 North Greenbush Road, Troy, NY 12180.
Dated: April 5, 2023 Sean Kerwin, Secretary
North Greenbush Fire District No. 1