LEGAL NOTICE OF ESTOPPEL
The bond resolution, a summary of which is published herewith, has been adopted on August 10, 2020, 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 Town of Newburgh, Orange County, New York, is not authorized to expend money, or if the provisions of law which 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 days after the date of publication of this notice, or such obligations were authorized in violation of the provisions of the Constitution.
A complete copy of the resolution summarized herewith is available for public inspection during regular business hours at the Office of the Town Clerk for a period of twenty days from the date of publication of this Notice.
Dated: Newburgh, New York,
August 11, 2020.
____________ Joseph P. Pedi___________
Town Clerk
BOND RESOLUTION DATED AUGUST 10, 2020.
A RESOLUTION SUPPLEMENTING THE BOND RESOLUTION DATED APRIL 2, 2014, TO AUTHORIZE THE ISSUANCE OF AN ADDITIONAL $698,450 SERIAL BONDS OF THE TOWN OF NEWBURGH, ORANGE COUNTY, NEW YORK, TO PAY PART OF THE COST OF THE reCONSTRUCTION OF GARDNERTOWN ROAD, IN AND FOR SAID TOWN.
Specific object or purpose: Reconstruction of Gardnertown Road
Period of probable usefulness: 15 years, limited to five years
Revised maximum estimated cost: $1,703,495
Amount of obligations previously authorized: $1,005,045 (April 2, 2014)
Amount of obligations to be issued herein: $698,450 additional bonds
SEQRA Status: Type II action