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HomeMy WebLinkAboutOth06112012.pdf OHSUSA:750889686.1 Report of the Mayor  Southern Cayuga Lake Intermunicipal Water Commission/Capital Projects/Bonding, including Board Resolution – (see following items) VILLAGE OF CAYUGA HEIGHTS BOND RESOLUTION – JOINT PROJECT STEP I: BOND RESOLUTION SUBJECT TO PERMISSIVE REFERENDUM STEP II: PUBLICATION OF LEGAL NOTICE OF ADOPTION STEP III: PUBLICATION OF LEGAL NOTICE OF ESTOPPEL OHSUSA:750889686.1 ORRICK, HERRINGTON & SUTCLIFFE LLP 51 W EST 52ND S TREET NEW YORK, NY 10019-6142 tel 212-506-5000 fax 212-506-5151 WWW.ORRICK.COM June 5, 2012 Douglas E. Goodfriend (212) 506-5211 (Direct Dial) dgoodfriend@orrick.com VIA E-MAIL (ddubow@bgdmlaw.com) David Dubow, Esq. Barney Grossman Dubow & Marcus 119 E. Seneca Street, Suite 400 Ithaca, New York 14850 Re: Village of Cayuga Heights, Tompkins County, New York Construction of New Water Tank (Burdick Hill Road) and New Water Transmission Main Orrick File: 042804-2-3 Dear David: In accordance with recent conversations with our office, I have prepared and enclose herewith a form of bond resolution relating to the above for adoption by the Board of Trustees at its next meeting, subject to permissive referendum. Please see that this resolution is adopted by the affirmative vote of at least four of the five members of the Board of Trustees and the legal notice of the same, a form of which I enclose for your convenience, is published once in the official newspaper of the Village and posted in at least six conspicuous public places throughout the Village, such publication and posting both to be made not more than ten days after adoption. I must stress this ten day maximum noticing period since if the same is not complied with the proceedings will be invalid and will have to be readopted. When available kindly furnish me with a certified copy of the enclosed resolution, together with an original printer’s affidavit of publication of the legal notice of adoption and the Village Clerk’s affidavit of posting indicating the date of posting, the places of posting and having attached a copy of the notice as posted. Please do not hesitate to call me if you have any questions on this matter. With best wishes, Very truly yours, Douglas E. Goodfriend DEG/vmo Enclosures OHSUSA:750889686.1 BOND RESOLUTION At a regularly scheduled meeting of the Board of Trustees of the Village of Cayuga Heights, Tompkins County, New York, held at the Village Hall, in Cayuga Heights, New York, in said Village, on the 11th day of June, 2012, at ______ o'clock P.M., Prevailing Time. The meeting was called to order by _______________________________________, and upon roll being called, the following were PRESENT: ABSENT: The following resolution was offered by Trustee _________________________ who moved its adoption, seconded by Trustee _________________________ to-wit: OHSUSA:750889686.1 BOND RESOLUTION DATED JUNE 11, 2012. A RESOLUTION AUTHORIZING THE ISSUANCE OF $2,000,000 JOINT SERIAL BONDS OF THE VILLAGE OF CAYUGA HEIGHTS, THE VILLAGE OF LANSING AND THE TOWNS OF LANSING, ITHACA AND DRYDEN, ALL IN THE COUNTY OF TOMPKINS, NEW YORK, TO PAY THE COST OF WATER SYSTEM IMPROVEMENTS FOR THE BURDICK HILL ROADTANK/N. TRIPHAMMER ROAD WATER MAIN PROJECT. WHEREAS, the Board of Trustees of the Village of Cayuga Heights, Tompkins County, New York, in conjunction with the Village of Lansing, and the Towns of Lansing, Dryden, and Ithaca, has determined and agreed to participate in the provision of a joint water project for construction of a new water tank at Burdick Hill Road and construction of a new water transmission main at North Triphammer Road and to contract joint indebtedness therefor in accordance with Section 15.00 of the Local Finance Law pursuant an Agreement of Municipal Cooperation for Construction, Financing and Operation of an Inter-Municipal Water Supply and Transmission System (the “Intermunicipal Agreement”); and WHEREAS, the capital project hereinafter described has been determined to be an Unlisted Action pursuant to the regulations of the New York State Department of Environmental Conservation promulgated pursuant to the State Environmental Quality Review Act, the implementation of which as proposed, it has been determined will not result in any significant environmental effects; and WHEREAS, all other conditions precedent to the financing of the capital project hereinafter described, have been performed; and WHEREAS, it is now desired to authorize the financing of such capital project; NOW, THEREFORE, BE IT RESOLVED, by the Board of Trustees of the Village of Cayuga Heights, Tompkins County, New York, if the within resolution in substantially identical form is adopted, approved 2 OHSUSA:750889686.1 and made effective by the other participants in the aforedescribed Intermunicipal Agreement as follows: Section 1. For the specific object or purpose of paying the cost of water system improvements consisting of (i) the construction of a new water tank at Burdick Hill Road, and (ii) the construction of a new water transmission main at North Triphammer Road, there are hereby authorized to be issued $2,000,000 joint serial bonds of the Village of Cayuga Heights, Tompkins County, New York, together with the Towns of Ithaca, Dryden and Lansing and the Village of Lansing, all of the County of Tompkins, New York, pursuant to the provisions of Section 1 of Article VIII of the Constitution of the State of New York as amended and of Title 1A of the Local Finance Law. Section 2. The maximum estimated cost of said water system improvements is $2,000,000, which improvements are hereby authorized at said cost, and the plan for the financing thereof is by the issuance of the $2,000,000 joint serial bonds authorized to be issued pursuant to this bond resolution. The total amount of joint indebtedness to be contracted for said improvements is $2,000,000 and the amount initially estimated to be allocated and apportioned to the Village of Cayuga Heights is $177,800. Section 3. For the purposes of Section 15.10 of the Local Finance Law relating to the allocation of joint indebtedness, the amount of joint indebtedness to be apportioned and allocated to each of said Towns and Villages, shall be in the same proportion as the consumption of water in each of the Towns of Dryden, Ithaca, and Lansing and the Villages of Cayuga Heights and Lansing shall bear to the total consumption of water for the entire joint water distribution facility, which is estimated to be, and for purposes of determining gross indebtedness of each of said municipalities in their respective debt statements pursuant to Section 15.10 of the Local Finance 3 OHSUSA:750889686.1 Law and therefore the amount to be allocated for the purpose of ascertaining each of the respective municipalities’ debt contracting powers, shall be as follows: Dryden $ 76,6000 3.83% Ithaca $1,056,400 52.82% Lansing (Town) $ 302,200 15.11% Cayuga Heights $ 177,800 8.89% Lansing (Village) $ 387,000 19.35% Nothing in this section shall be deemed to be in conflict with or to supersede the provisions of Section 5 of this resolution relating to the annual apportionment of the amount of principal and interest on the bonds herein authorized to be issued as among said Towns and said Villages, nor the manner of collection and payment of the amounts of annual debt service provided to be apportioned annually by said Section 5. The Supervisors of said Towns and the Treasurers of said Villages are hereby authorized and directed to act jointly to make application to the State Comptroller for the allocation and apportionment of said joint indebtedness in accordance with the provisions of this section and to perform all acts and furnish all information required in connection with such application. Section 4. It is hereby determined that the period of probable usefulness of the aforesaid specific object or purpose is forty years, pursuant to subdivision 1 of paragraph a of Section 11.00 of the Local Finance Law. It is hereby further determined that the maximum maturity of the serial bonds herein authorized will exceed five years. Section 5. Subject to the provisions of the Local Finance Law and this section, the power to authorize the issuance of and to sell joint bond anticipation notes in anticipation of the issuance and sale of the joint serial bonds herein authorized, including renewals thereof, is hereby delegated to the Supervisor of the Town of Ithaca, the chief fiscal officer of said Town acting on his own behalf and on behalf of the chief fiscal officers of the Towns of Dryden and Lansing and the Villages of Lansing and Cayuga Heights. Such joint bond anticipation notes 4 OHSUSA:750889686.1 shall be of such terms, form and contents and shall be sold by said Supervisor in such manner as may be prescribed by a bond anticipation note certificate, as authorized by Section 30.00 of the Local Finance Law; provided, however, that any bond anticipation notes so issued shall be the joint indebtedness of said Towns and said Villages and shall be executed in the names of the Town of Dryden, the Town of Ithaca, the Town of Lansing and the Village of Lansing and the Village of Cayuga Heights, and shall be signed by the Supervisor of the Town of Dryden on behalf of said Town and shall have affixed thereto the seal of the Town of Dryden, attested by the Town Clerk of said Town; shall be signed by the Supervisor of the Town of Ithaca on behalf of said Town and shall have affixed thereto the seal of the Town of Ithaca, attested by the Town Clerk of said Town; shall be signed by the Supervisor of the Town of Lansing on behalf of said Town and shall have affixed thereto the seal of the Town of Lansing, attested by the Town Clerk of said Town; shall be signed by the Treasurer of the Village of Lansing on behalf of said Village and shall have affixed thereto the seal of the Village of Lansing, attested by the Village Clerk of said Village, and shall be signed by the Treasurer of the Village of Cayuga Heights on behalf of said Village and shall have affixed thereto the seal of the Village of Cayuga Heights, attested by the Village Clerk of said Village. The chief fiscal officer of the Town of Ithaca to whom is hereby delegated the power to authorize the issuance of and to sell such joint bond anticipation notes, shall file an executed copy of each such bond anticipation note with the finance board of each of the aforesaid municipalities prior to the issuance of the bond anticipation note or notes authorized by such certificate. Section 6. The faith and credit of said Town of Dryden, Tompkins County, New York; said Town of Ithaca, Tompkins County, New York; said Town of Lansing, Tompkins County, New York; said Village of Lansing, Tompkins County, New York, and said Village of 5 OHSUSA:750889686.1 Cayuga Heights, Tompkins County, New York, are hereby jointly pledged for the payment of the principal of and interest on said joint bonds as the same become due and payable. The principal of said joint bonds and the interest thereon shall be apportioned annually among said Towns and said Villages in accordance with the Intermunicipal Agreement hereinabove referred to in the recitals of this resolution, on the ratio which the consumption of water from the system in each of said municipalities bears to the full consumption from the entire inter-municipal water distribution facility, such ratio to be annually determined in accordance with the aforesaid Intermunicipal Agreement, the share of said principal and interest to be borne by the aforesaid Towns, shall be annually assessed, levied and collected within said Towns as follows: a) From the several lots and parcels of land in each of Water District No. 1, and Snyder Hill, Monkey Run, Hall Road, Turkey Hill and Royal Road Water Districts of the Town of Dryden, in the manner provided by law. b) From the several lots and parcels of land in the Town of Ithaca Burdick Hill Road Tank and N. Triphammer Road Water Main Water Improvement Areas newly created hereby in proportion as nearly as may be to the benefit which each lot or parcel of land therein will derive therefrom. c) From the several lots and parcels of land in the Consolidated Water District (including Consolidated Water District Extensions #1 and #2), in the Town of Lansing, at the same time and in the same manner as other Town charges. The Village of Cayuga Heights shall annually levy and collect a tax sufficient to pay the share of said principal and interest to be borne by said Village, as the same may become due and payable, and the Village of Lansing shall annually levy and collect a tax sufficient to pay the share of said principal and interest to be borne by said Village, as the same may become due and payable. 6 OHSUSA:750889686.1 If not paid from the aforesaid sources, all the taxable real property in said Town of Dryden, and all the taxable real property in said Town of Ithaca, and all the taxable real property in said Town of Lansing, and all the taxable real property in said Village of Lansing, and all the taxable real property in said Village of Cayuga Heights shall be jointly subject to the levy of an ad valorem tax, without limitation as to rate or amount sufficient to pay the principal of and interest on said bonds as the same become due and payable. Section 7. The validity of such joint serial bonds and joint bond anticipation notes may be contested only if: 1) Such joint bonds are authorized for an object or purpose for which said Towns and said Villages are not authorized to expend money, or 2) The provisions of law which should be complied with at the date of publication of this resolution are not substantially complied with, and an action, suit or proceeding contesting such validity is commenced within twenty days after the date of publication, or 3) Such joint bonds are authorized in violation of the provisions of the Constitution. Section 8. Upon the adoption of this resolution by each of the aforesaid Towns and the aforesaid Villages, and the publication thereof with the notice provided for herein, the Clerks of each such Town and each such Village shall file with the Clerk of each of the other Towns and of the Villages a certified copy of this resolution and a printer’s affidavit or affidavits, as the case may be, of publication thereof with the required notice or notices, as the case may be. Section 9. Pursuant to Section 15.00(m) of the Local Finance Law, the powers and duties of advertising such joint bonds for sale, conducting the sale and awarding the bonds, are hereby delegated to the Supervisor of the Town of Ithaca, Tompkins County, New York, who on 7 OHSUSA:750889686.1 his own behalf and on behalf of the chief fiscal officers of the Towns of Dryden and Lansing and the Villages of Lansing and Cayuga Heights shall advertise such bonds for sale, conduct the sale, and award the bonds in such manner as he shall deem best for the interests of the aforesaid Towns and Villages; provided, however, that in the exercise of these delegated powers, he shall comply fully with the provisions of the Local Finance Law and any order or rule of the State Comptroller applicable to the sale of municipal bonds. The receipt of said Supervisor shall be a full acquittance to the purchaser of such bonds, who shall not be obliged to see to the application of the purchase money. All other matters except as provided herein relating to the joint serial bonds herein authorized including the date, denominations, maturities and interest payment dates, within the limitations prescribed herein and the manner of execution of the same shall be determined by the Supervisor of the Town of Ithaca on behalf of the chief fiscal officers of the Towns of Ithaca, Dryden and Lansing and the Villages of Lansing and Cayuga Heights. Such bonds shall contain substantially the recital of validity clause provided for in Section 52.00 of the Local Finance Law, and shall otherwise be in such form and contain such recitals, in addition to those required by Section 51.00 of the Local Finance Law, as said Supervisor shall determine consistent with the provisions of the Local Finance Law. Such joint serial bonds shall be in fully registered form and shall be signed in the name of each Town and Village by the manual signature of each respective chief fiscal officer and a facsimile of the corporate seal of each Town and Village shall be imprinted thereon and shall be attested by the manual signatures of each respective Town or Village Clerk. It is hereby determined that it is to the financial advantage of each of the Towns and Villages not to impose and collect from registered owners of such joint serial bonds charges for mailing, shipping and insuring bonds transferred or exchanged 8 OHSUSA:750889686.1 by the fiscal agent, and, accordingly, pursuant to paragraph c of Section 70.00 of the Local Finance Law, no such charges shall be so collected by the fiscal agent. Section 10. Any obligation issued under authority of this resolution shall contain on its face a recital in substantially the following form: “This obligation evidences the joint indebtedness of the Town of Ithaca, Tompkins County, New York, the Town of Dryden, Tompkins County, New York, the Town of Lansing, Tompkins County, New York, the Village of Lansing, Tompkins County, New York, and the Village of Cayuga Heights, Tompkins County, New York.” Section 11. Upon this resolution taking effect in and with respect to this Village, and the adoption and taking effect of similar resolutions of the respective Town Boards and Village Board of Trustees of the aforesaid Towns and Villages, the same shall be published in full in the Ithaca Journal, the official newspaper, together with a notice of the Village Clerk in substantially the form provided in Section 81.00 of the Local Finance Law. Section12. This resolution is adopted subject to permissive referendum in accordance with Section 36.00 of the Local Finance Law and Article 9 of the Village Law. 9 OHSUSA:750889686.1 The question of the adoption of the foregoing resolution was duly put to a vote on roll call, which resulted as follows: _________________________________ VOTING ____________ _________________________________ VOTING ____________ _________________________________ VOTING ____________ _________________________________ VOTING ____________ _________________________________ VOTING ____________ The resolution was thereupon declared duly adopted. * * * * * OHSUSA:750889686.1 CERTIFICATION FORM STATE OF NEW YORK ) ) ss.: COUNTY OF TOMPKINS ) I, the undersigned Clerk of the Village of Cayuga Heights, Tompkins County, New York (the “Issuer”), DO HEREBY CERTIFY: 1. That a meeting of the Issuer was duly called, held and conducted on the 11th day of June, 2012. 2. That such meeting was a special regular (circle one) meeting. 3. That attached hereto is a proceeding of the Issuer which was duly adopted at such meeting by the Board of the Issuer. 4. That such attachment constitutes a true and correct copy of the entirety of such proceeding as so adopted by said Board. 5. That all members of the Board of the Issuer had due notice of said meeting. 6. That said meeting was open to the general public in accordance with Section 103 of the Public Officers Law, commonly referred to as the “Open Meetings Law”. 7. That notice of said meeting (the meeting at which the proceeding was adopted) was caused to be given PRIOR THERETO in the following manner: PUBLICATION (here insert newspaper(s) and date(s) of publication – should be a date or dates falling prior to the date set forth above in item 1) POSTING (here insert place(s) and date(s) of posting- should be a date or dates falling prior to the date set forth above in item IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the Issuer this 11th day of June, 2012. _______________________________ Village Clerk (CORPORATE SEAL) OHSUSA:750889686.1 CERTIFICATION OF POSTING STATE OF NEW YORK ) ) ss.: COUNTY OF TOMPKINS ) I, the undersigned Clerk of the Village of Cayuga Heights, Tompkins County, New York, DO HEREBY CERTIFY: That on the _____ day of June, 2012, I caused to be posted a Notice of Adoption of a bond resolution dated June 11, 2012, at the following six (6) conspicuous public places in said Village: ____________________________________________ ____________________________________________ ____________________________________________ ____________________________________________ ____________________________________________ ____________________________________________ A true, correct and complete copy of such Notice of Adoption, in the exact form in which the same was actually posted, is attached hereto and made a part hereof. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said Village this _____ day of June, 2012. _____________________________________ Village Clerk (CORPORATE SEAL) OHSUSA:750889686.1 NOTICE OF ADOPTION OF RESOLUTION NOTICE IS HEREBY GIVEN that the Board of Trustees of the Village of Cayuga Heights, Tompkins County New York, at a meeting held on the 11th day of June, 2012, duly adopted the resolution published herewith SUBJECT TO A PERMISSIVE REFERENDUM. Dated: Cayuga Heights, New York, June 11, 2012. ____________________________________ Village Clerk BOND RESOLUTION DATED JUNE 11, 2012. A RESOLUTION AUTHORIZING THE ISSUANCE OF $2,000,000 JOINT SERIAL BONDS OF THE VILLAGE OF CAYUGA HEIGHTS, THE VILLAGE OF LANSING AND THE TOWNS OF LANSING, ITHACA AND DRYDEN, ALL IN THE COUNTY OF TOMPKINS, NEW YORK, TO PAY THE COST OF WATER SYSTEM IMPROVEMENTS FOR THE BURDICK HILL ROAD TANK/N. TRIPHAMMER ROAD WATER MAIN PROJECT. WHEREAS, the Board of Trustees of the Village of Cayuga Heights, Tompkins County, New York, in conjunction with the Village of Lansing, and the Towns of Lansing, Dryden, and Ithaca, has determined and agreed to participate in the provision of a joint water project for construction of a new water tank at Burdick Hill Road and construction of a new water transmission main at North Triphammer Road and to contract joint indebtedness therefor in accordance with Section 15.00 of the Local Finance Law pursuant an Agreement of Municipal Cooperation for Construction, Financing and Operation of an Inter-Municipal Water Supply and Transmission System (the “Intermunicipal Agreement”); and WHEREAS, the project hereinafter described has been determined to be an Unlisted Action pursuant to the regulations of the New York State Department of Environmental 2 OHSUSA:750889686.1 Conservation promulgated pursuant to the State Environmental Quality Review Act, the implementation of which as proposed, it has been determined will not result in any significant environmental effects; and WHEREAS, all other conditions precedent to the financing of the capital project hereinafter described, have been performed; and WHEREAS, it is now desired to authorize the financing of such capital project; NOW, THEREFORE, BE IT RESOLVED, by the Board of Trustees of the Village of Cayuga Heights, Tompkins County, New York, if the within resolution in substantially identical form is adopted, approved and made effective by the other participants in the aforedescribed Intermunicipal Agreement as follows: Section 1. For the specific object or purpose of paying the cost of water system improvements consisting of (i) the construction of a new water tank at Burdick Hill Road, and (ii) the construction of a new water transmission main at North Triphammer Road, there are hereby authorized to be issued $2,000,000 joint serial bonds of the Village of Cayuga Heights, Tompkins County, New York, together with the Towns of Ithaca, Dryden and Lansing and the Village of Lansing, all of the County of Tompkins, New York, pursuant to the provisions of Section 1 of Article VIII of the Constitution of the State of New York as amended and of Title 1A of the Local Finance Law. Section 2. The maximum estimated cost of said water system improvements is $2,000,000, which improvements are hereby authorized at said cost, and the plan for the financing thereof is by the issuance of the $2,000,000 joint serial bonds authorized to be issued pursuant to this bond resolution. The total amount of joint indebtedness to be contracted for said 3 OHSUSA:750889686.1 improvements is $2,000,000 and the amount initially estimated to be allocated and apportioned to the Village of Cayuga Heights is $177,800. Section 3. For the purposes of Section 15.10 of the Local Finance Law relating to the allocation of joint indebtedness, the amount of joint indebtedness to be apportioned and allocated to each of said Towns and Villages, shall be in the same proportion as the consumption of water in each of the Towns of Dryden, Ithaca, and Lansing and the Villages of Cayuga Heights and Lansing shall bear to the total consumption of water for the entire joint water distribution facility, which is estimated to be, and for purposes of determining gross indebtedness of each of said municipalities in their respective debt statements pursuant to Section 15.10 of the Local Finance Law and therefore the amount to be allocated for the purpose of ascertaining each of the respective municipalities’ debt contracting powers, shall be as follows: Dryden $ 76,6000 3.83% Ithaca $1,056,400 52.82% Lansing (Town) $ 302,200 15.11% Cayuga Heights $ 177,800 8.89% Lansing (Village) $ 387,000 19.35% Nothing in this section shall be deemed to be in conflict with or to supersede the provisions of Section 5 of this resolution relating to the annual apportionment of the amount of principal and interest on the bonds herein authorized to be issued as among said Towns and said Villages, nor the manner of collection and payment of the amounts of annual debt service provided to be apportioned annually by said Section 5. The Supervisors of said Towns and the Treasurers of said Villages are hereby authorized and directed to act jointly to make application to the State Comptroller for the allocation and apportionment of said joint indebtedness in accordance with the provisions of this section and to perform all acts and furnish all information required in connection with such application. 4 OHSUSA:750889686.1 Section 4. It is hereby determined that the period of probable usefulness of the aforesaid specific object or purpose is forty years, pursuant to subdivision 1 of paragraph a of Section 11.00 of the Local Finance Law. It is hereby further determined that the maximum maturity of the serial bonds herein authorized will exceed five years. Section 5. Subject to the provisions of the Local Finance Law and this section,` the power to authorize the issuance of and to sell joint bond anticipation notes in anticipation of the issuance and sale of the joint serial bonds herein authorized, including renewals thereof, is hereby delegated to the Supervisor of the Town of Ithaca, the chief fiscal officer of said Town acting on his own behalf and on behalf of the chief fiscal officers of the Towns of Dryden and Lansing and the Villages of Lansing and Cayuga Heights. Such joint bond anticipation notes shall be of such terms, form and contents and shall be sold by said Supervisor in such manner as may be prescribed by a bond anticipation note certificate, as authorized by Section 30.00 of the Local Finance Law; provided, however, that any bond anticipation notes so issued shall be the joint indebtedness of said Towns and said Villages and shall be executed in the names of the Town of Dryden, the Town of Ithaca, the Town of Lansing and the Village of Lansing and the Village of Cayuga Heights, and shall be signed by the Supervisor of the Town of Dryden on behalf of said Town and shall have affixed thereto the seal of the Town of Dryden, attested by the Town Clerk of said Town; shall be signed by the Supervisor of the Town of Ithaca on behalf of said Town and shall have affixed thereto the seal of the Town of Ithaca, attested by the Town Clerk of said Town; shall be signed by the Supervisor of the Town of Lansing on behalf of said Town and shall have affixed thereto the seal of the Town of Lansing, attested by the Town Clerk of said Town; shall be signed by the Treasurer of the Village of Lansing on behalf of said Village and shall have affixed thereto the seal of the Village of Lansing, attested by the Village Clerk of 5 OHSUSA:750889686.1 said Village, and shall be signed by the Treasurer of the Village of Cayuga Heights on behalf of said Village and shall have affixed thereto the seal of the Village of Cayuga Heights, attested by the Village Clerk of said Village. The chief fiscal officer of the Town of Ithaca to whom is hereby delegated the power to authorize the issuance of and to sell such joint bond anticipation notes, shall file an executed copy of each such bond anticipation note with the finance board of each of the aforesaid municipalities prior to the issuance of the bond anticipation note or notes authorized by such certificate. Section 6. The faith and credit of said Town of Dryden, Tompkins County, New York; said Town of Ithaca, Tompkins County, New York; said Town of Lansing, Tompkins County, New York; said Village of Lansing, Tompkins County, New York, and said Village of Cayuga Heights, Tompkins County, New York, are hereby jointly pledged for the payment of the principal of and interest on said joint bonds as the same become due and payable. The principal of said joint bonds and the interest thereon shall be apportioned annually among said Towns and said Villages in accordance with the Intermunicipal Agreement hereinabove referred to in the recitals of this resolution, on the ratio which the consumption of water from the system in each of said municipalities bears to the full consumption from the entire inter-municipal water distribution facility, such ratio to be annually determined in accordance with the aforesaid Intermunicipal Agreement, the share of said principal and interest to be borne by the aforesaid Towns, shall be annually assessed, levied and collected within said Towns as follows: a) From the several lots and parcels of land in each of Water District No. 1, and Snyder Hill, Monkey Run, Hall Road, Turkey Hill and Royal Road Water Districts of the Town of Dryden, in the manner provided by law. 6 OHSUSA:750889686.1 b) From the several lots and parcels of land in the Town of Ithaca Burdick Hill Road Tank and N. Triphammer Road Water Main Water Improvement Areas newly created hereby in proportion as nearly as may be to the benefit which each lot or parcel of land therein will derive therefrom. c) From the several lots and parcels of land in the Consolidated Water District (including Consolidated Water District Extensions #1 and #2), in the Town of Lansing, at the same time and in the same manner as other Town charges. The Village of Cayuga Heights shall annually levy and collect a tax sufficient to pay the share of said principal and interest to be borne by said Village, as the same may become due and payable, and the Village of Lansing shall annually levy and collect a tax sufficient to pay the share of said principal and interest to be borne by said Village, as the same may become due and payable. If not paid from the aforesaid sources, all the taxable real property in said Town of Dryden, and all the taxable real property in said Town of Ithaca, and all the taxable real property in said Town of Lansing, and all the taxable real property in said Village of Lansing, and all the taxable real property in said Village of Cayuga Heights shall be jointly subject to the levy of an ad valorem tax, without limitation as to rate or amount sufficient to pay the principal of and interest on said bonds as the same become due and payable. Section 7. The validity of such joint serial bonds and joint bond anticipation notes may be contested only if: 1) Such joint bonds are authorized for an object or purpose for which said Towns and said Villages are not authorized to expend money, or 2) The provisions of law which should be complied with at the date of publication of this resolution are not substantially complied with, and an action, suit or 7 OHSUSA:750889686.1 proceeding contesting such validity is commenced within twenty days after the date of publication, or 3) Such joint bonds are authorized in violation of the provisions of the Constitution. Section 8. Upon the adoption of this resolution by each of the aforesaid Towns and the aforesaid Villages, and the publication thereof with the notice provided for herein, the Clerks of each such Town and each such Village shall file with the Clerk of each of the other Towns and of the Villages a certified copy of this resolution and a printer’s affidavit or affidavits, as the case may be, of publication thereof with the required notice or notices, as the case may be. Section 9. Pursuant to Section 15.00(m) of the Local Finance Law, the powers and duties of advertising such joint bonds for sale, conducting the sale and awarding the bonds, are hereby delegated to the Supervisor of the Town of Ithaca, Tompkins County, New York, who on his own behalf and on behalf of the chief fiscal officers of the Towns of Dryden and Lansing and the Villages of Lansing and Cayuga Heights shall advertise such bonds for sale, conduct the sale, and award the bonds in such manner as he shall deem best for the interests of the aforesaid Towns and Villages; provided, however, that in the exercise of these delegated powers, he shall comply fully with the provisions of the Local Finance Law and any order or rule of the State Comptroller applicable to the sale of municipal bonds. The receipt of said Supervisor shall be a full acquittance to the purchaser of such bonds, who shall not be obliged to see to the application of the purchase money. All other matters except as provided herein relating to the joint serial bonds herein authorized including the date, denominations, maturities and interest payment dates, within the limitations prescribed herein and the manner of execution of the same shall be determined by the Supervisor of the Town of Ithaca on behalf of the chief fiscal officers of the Towns of Ithaca, Dryden and Lansing and the Villages of Lansing and Cayuga Heights. Such 8 OHSUSA:750889686.1 bonds shall contain substantially the recital of validity clause provided for in Section 52.00 of the Local Finance Law, and shall otherwise be in such form and contain such recitals, in addition to those required by Section 51.00 of the Local Finance Law, as said Supervisor shall determine consistent with the provisions of the Local Finance Law. Such joint serial bonds shall be in fully registered form and shall be signed in the name of each Town and Village by the manual signature of each respective chief fiscal officer and a facsimile of the corporate seal of each Town and Village shall be imprinted thereon and shall be attested by the manual signatures of each respective Town or Village Clerk. It is hereby determined that it is to the financial advantage of each of the Towns and Villages not to impose and collect from registered owners of such joint serial bonds charges for mailing, shipping and insuring bonds transferred or exchanged by the fiscal agent, and, accordingly, pursuant to paragraph c of Section 70.00 of the Local Finance Law, no such charges shall be so collected by the fiscal agent. Section 10. Any obligation issued under authority of this resolution shall contain on its face a recital in substantially the following form: “This obligation evidences the joint indebtedness of the Town of Ithaca, Tompkins County, New York, the Town of Dryden, Tompkins County, New York, the Town of Lansing, Tompkins County, New York, the Village of Lansing, Tompkins County, New York, and the Village of Cayuga Heights, Tompkins County, New York.” Section 11. Upon this resolution taking effect in and with respect to this Village, and the adoption and taking effect of similar resolutions of the respective Town Boards and Village Board of Trustees of the aforesaid Towns and Villages, the same shall be published in full in the Ithaca Journal, the official newspaper, together with a notice of the Village Clerk in substantially the form provided in Section 81.00 of the Local Finance Law. 9 OHSUSA:750889686.1 Section12. This resolution is adopted subject to permissive referendum in accordance with Section 36.00 of the Local Finance Law and Article 9 of the Village Law. 10 OHSUSA:750889686.1 LEGAL NOTICE OF ESTOPPEL The bond resolution, a summary of which is published herewith, has been adopted on June 11, 2012, 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 Village of Cayuga Heights, Tompkins 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: Village of Cayuga Heights, New York June 11, 2012. Mary Mills Town Clerk BOND RESOLUTION DATED JUNE 11, 2012. A RESOLUTION AUTHORIZING THE ISSUANCE OF $2,000,000 JOINT SERIAL BONDS OF THE VILLAGE OF CAYUGA HEIGHTS, THE VILLAGE OF LANSING AND THE TOWNS OF LANSING, ITHACA AND DRYDEN, ALL IN THE COUNTY OF TOMPKINS, NEW YORK, TO PAY THE COST OF WATER SYSTEM IMPROVEMENTS FOR THE BURDICK HILL ROAD TANK/N. TRIPHAMMER ROAD WATER MAIN PROJECT. Specific object or purpose: Burdick Hill Road Tank/N. Triphammer Road Water Main Project Period of probable usefulness: 40 years Maximum estimated cost: $2,000,000 (Village share: $177,800) Amount of obligations to be issued: $2,000,000 joint bonds (Village share: $177,800) 11 OHSUSA:750889686.1 SEQRA Status: Unlisted Action, Negative Declarat 12 OHSUSA:750889686.1  Time Warner Cable  Update on TCCOA Joint negotiations – VCH Franchise agreement expires Nov 2012  Discussion of external audit of TW contract  Access Oversight Committee – funding resolution (see supporting documents following agenda – also “Other” on website) TO Mayor Kate Supron, Village Trustees and Village Clerk Village of Cayuga Heights 836 Hanshaw Road, Ithaca, NY 14850 by Email, hard copy follows FROM: Wies van Leuken, Village of Cayuga Heights Representative Cable Access Oversight Committee 1105 Highland Road, Ithaca, NY 14850, <pmv4@cornell.edu>, 257-3156 DATE May 16, 2012 RE: 2013 PEGASYS Budget/Cable Access Oversight Committee Attached please find the Resolution of the Cable Access Oversight Committee of May 8, 2012 with recommendations for the 2013 PEGASYS Capital Budget. Also enclosed for reference is a Village Resolution from a previous year. As you know, the City of Ithaca's Franchise Agreement with Time Warner Cable requires that the three participating municipalities (The City of Ithaca, the Town of Ithaca and the Village of Cayuga Heights)("Municipalities") approve a capital budget for public, educational and governmental access operations ("PEGASYS") every year by the end of June for the next fiscal year. This capital budget is funded through the $.15/subscriber/month fee that is charged to TWC subscribers in the participating communities. This "PEG Fee" goes directly from the subscriber to TWC where it stays until the capital purchases are made. The AOC drafts a budget for these purchases and submits it to the Municipalities for review and approval. The Municipalities forward their decisions to the AOC. This process allows subscribers, through their elected representatives, to have a say in what happens to their PEG Fees. The budget before you addresses the current equipment needs of community, government and educational access. Every year we solicit proposals from the local schools for equipment they need to show their programming on the educational channel. We do the same for governmental entities that use the government channel to cablecast their meetings and events. No proposals were brought before the committee that were sufficiently developed to be included as line items in this budget. 13 OHSUSA:750889686.1 Please let me know if you need further information from me. The Village's resolution is due at the AOC no later than June 30, 2012, and can be Emailed to me at <pmv4@cornell.edu>. Attachments (3) Cc. Access Oversight Committee Mary Mills, Village Clerk 14 OHSUSA:750889686.1 Resolution Access Oversight Committee Tuesday, May 8, 2012 Approval of FY 2013 Budget WHEREAS, Section 15.12 of the Franchise Agreement between the City of Ithaca and Time Warner Entertainment-Advance/Newhouse Partnership (TWC) of January 2003 requires the participating municipalities (City of Ithaca, Town of Ithaca, Village of Cayuga Heights) to provide TWC with an annual budget for public, educational and governmental access operations by June 30 of each calendar year, and WHEREAS, the City of Ithaca's Ordinance #2003-17, Par 18-4-G, requires the Access Oversight Committee (AOC) to provide the participating municipalities with a recommended annual budget by May 31 of each calendar year, now be it RESOLVED, that the AOC accepted the attached capital budget for Fiscal Year 2013 in the amount of $31,000.00 at their regular meeting of May 8, 2012, and BE IT FURTHER RESOLVED, that the AOC forwards their recommendations for approval by the Common Council of the City of Ithaca, the Supervisor of the Town of Ithaca and the Mayor of Cayuga Heights so that they may meet their obligation to provide TWC with an annual budget for public, educational and governmental access operation, which budget is due June 30 of each calendar year. Approved unanimously 15 OHSUSA:750889686.1 2013 PEGASYS Capital Budget Approved by the Access Oversight Committee (AOC) May 8, 2012 Replace Camcorder Fleet $15,000.00 Description: Five units @ $3,000.00 each. The current camera fleet is 10 years old and heavily used. New cameras should record to a tapeless medium and include professional audio and video features. Files should interface smoothly with Adobe Premiere. Camcorder accessories $3,000.00 Description: accessories such as batteries, cases, mike stands, cables Tripods $3,000.00 Description: Five units Contingency Fund $10,000.00 Description: The PEGASYS studio has a great deal of equipment that is 8-15 years old, and will need replacement as it fails. TOTAL $31,000.00 16 OHSUSA:750889686.1 SAMPLE Resolution approved at the Meeting of the Board of Trustees, Village of Cayuga Heights, June __, 2012 Move to pass Resolution _____ adopting the 2013 PEG Access Studio Capital Budget Whereas the Franchise Agreement between Time Warner Entertainment and the Village of Cayuga Heights authorizes Time Warner Entertainment to collect $0.15 per subscriber per month to be used for the purchase of equipment for the PEG Access Studio; and Whereas the total capital budget for the life of the ten-year agreement was estimated to be $200,000; Whereas the Franchise Agreement outlines the creation of an Access Oversight Committee which shall be responsible for approving the timing, use and amount of PEG access equipment acquired each year over the term of the agreement; and Whereas the Access Oversight Committee has approved a 2013 capital budget in the Amount of $31,000.00; and Whereas the Franchise Agreement states that participating municipalities, including the Village of Cayuga Heights, must adopt the annual PEG Access Studio budget by June 30 of the preceding year; now therefore be it Resolved that the Board of Trustees of the Village of Cayuga Heights adopts the 2013 PEG Access Studio budget as approved by the Access Oversight Committee. 17 OHSUSA:750889686.1  Gas Drilling  Amicus Brief (see supporting documents following agenda – also “Other” on website)  Discussion of VCH resolution NYS Senate Bill S4616 – Assembly Bill A7013 (see supporting documents following agenda – also “Other” on website)  Press release – Martha Robertson, Chair of Legislature (see supporting documents following agenda – also “Other” on website) 18 OHSUSA:750889686.1 19 OHSUSA:750889686.1 RESOLUTION OF THE BOARD OF TRUSTEES OF THE VILLAGE OF CAYUGA HEIGHTS TO APPROVE BECOMING AN AMICUS CURIAE IN ACTIONS INVOLVING MUNICIPAL HOME RULE PENDING BEFORE NEW YORK STATE APPELLATE COURTS June 11, 2012 WHEREAS, the Towns of Middlefield and Dryden have recently revised their zoning laws to prohibit heavy industrial uses (including natural gas drilling) in their communities and such laws have been challenged in court by opponents claiming that the Towns do not have the power to regulate natural gas drilling as a land use; and WHEREAS, the Town of Ulysses has filed an amicus curiae or “friend of the court” brief in both lawsuits in support of its sister Towns in order to reassert the right of municipalities throughout New York State to determine what land uses are appropriate through the municipal home rule powers granted by the New York State Constitution and the New York Municipal Home Rule Law; and WHEREAS, the Town of Ulysses will file another amicus brief when these lawsuits are appealed to New York appellate courts and has requested that other municipalities in New York State consider joining the Town of Ulysses’ brief as a powerful statement to the appellate courts, the New York State Department of Environmental Conservation, and the New York State Legislature about the importance of protecting municipal home rule in New York State and a municipality’s right to decide, for itself, whether natural gas drilling—or any other land use for that matter—is appropriate for its citizens. NOW, THEREFORE, BE IT RESOLVED that: 1. The Board of Trustees hereby determines that it is in the public interest of the citizens of the Village of Cayuga Heights to support municipal home rule by joining in the Town of Ulysses’ amicus brief to the appellate courts. 2. The Board of Trustees does hereby authorize and direct the Mayor to complete or cause to be completed any and all such further documents and papers in the name and on behalf of the Village of Cayuga Heights as the Mayor deems necessary or appropriate to carry into effect the foregoing resolution. 3. The Village Clerk will send a certified copy of this adopted resolution to the Town of Ulysses, 10 Elm St., Trumansburg, NY 14886. 20 OHSUSA:750889686.1 RESOLUTION SUPPORTING PASSAGE AND ENACTMENT OF NY STATE SENATE BILL  S4616 (AVELLA)/NY STATE ASSEMBLY BILL A7013 (SWEENEY), TO AMEND THE NY  ENVIRONMENTAL CONSERVATION LAW IN RELATION TO THE UNIFORM TREATMENT  OF WASTE.    Whereas NY State Senator Avella has introduced bill S4616 and NY State Assemblyperson  Sweeney has introduced bill A7013, which is the same bill, and is entitled “An act to amend  the environmental conservation law, in relation to the uniform treatment of waste”; and    Whereas this bill would amend Section 27‐0903 of the New York State Environmental  Conservation Law with the intent to require hazardous wastes as defined by ECL 27‐ 0901(3) produced from oil and natural gas activities to be subject to the requirements for  treatment of hazardous wastes; and    Whereas the oil and gas industry currently enjoys exemptions from New York State laws  governing hazardous waste transport and disposal. Though a great deal of the wastewater  generated by hydraulic fracturing meets the state definition of hazardous, it is not currently  required to be treated as such; and    Whereas the oil and gas industry is not required to disclose the chemicals used in the  hydraulic fracturing process but the following chemicals are often found in waste water  resulting from the hydraulic fracturing process: benzene, toluene, formaldehyde, salts,  heavy metals, and radioactive particles; and    Whereas closing this exemption loophole will require hydraulic fracturing flowback and  produced water to be monitored through a manifest system and that extra safeguards will  be in place to avoid accidents and ensure proper waste treatment; and    Whereas such a designation will keep fracking wastes out of municipal treatment plants  and the waterways leading to sources of drinking water;    Therefore, Be It Resolved that the Village of Cayuga Heights Board of Trustees supports  the immediate passage of the New York State Senate bill S4616 and New York State  Assembly bill A7013 and the immediate signing of the legislation by the Governor of the  State of New York; and    Further Resolved that this resolution be sent to Governor Andrew Cuomo, NY Senate  Majority Leader Dean Skelos; NY Senate Minority Leader John Sampson, NY Assembly  Speaker Sheldon Silver; NY Senators O’Mara, Seward, Nozzolio, Avella, Squadron, Kreuger,  Perkins, Peralta and Serrano,  NY Assemblypersons Sweeney and Lifton, US Representatives  Maurice Hinchey and Richard Hanna, US Senators Kirsten Gillibrand and Charles Schumer,  and to the NY DEC Commissioner Joseph Martens and US EPA Region 2 Director, Judith  Enck.  21 OHSUSA:750889686.1