Bond Resolution - Computer Hardware and Software

LEGAL NOTICE

The resolution, a summary of which is published herewith, has been adopted on May 18, 2021 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 Southold, in the County of Suffolk, 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 publication of this Notice, or such obligations were authorized in violation of the provisions of the constitution.

ELIZABETH A. NEVILLE

           Town Clerk

BOND RESOLUTION OF THE TOWN OF SOUTHOLD, NEW YORK, ADOPTED MAY 18, 2021, AUTHORIZING THE ACQUISITION OF COMPUTER HARDWARE AND SOFTWARE FOR USE BY THE TOWN, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $250,500, APPROPRIATING SAID AMOUNT FOR SUCH PURPOSE, AND AUTHORIZING THE ISSUANCE OF BONDS IN THE PRINCIPAL AMOUNT OF $250,500 TO FINANCE SAID APPROPRIATION 

The object or purpose for which the bonds are authorized is to acquire computer hardware and software for use by the Town at the estimated cost of $250,500.

The maximum amount of obligations authorized to be issued is $250,500.

The period of probable usefulness is five (5) years.

A complete copy of the bond resolution summarized above shall be available for public inspection during normal business hours at the office of the Town Clerk, at the Town Hall, 53095 Main Street, Southold, New York.