HomeMy WebLinkAboutBond Anticipation Note Certificate Dated Aug 27, 1991BOND ANTICIPATION NOTE CERTIFICATE DATED AUGUST 27, 1991
CERTIFICATE OF THE VILLAGE TREASURER OF THE VILLAGE OF CAYUGA
HEIGHTS, TOMPKINS COUNTY, NEW YORK, AUTHORIZING THE ISSUANCE
OF A $300,000 BOND ANTICIPATION NOTE OF SAID VILLAGE IN
CONNECTION WITH THE PURCHASE OF A FIRE.
TRUCK FOR THE VILLAGE
I, the undersigned Village Treasurer of the Village of Cayuga
Heights, Tompkins County, New York, DO HEREBY CERTIFY
1. Pursuant to a bond resolution dated August 7, 1991, duly
adopted by the Board of Trustees of said Village, on said date,
authorizing the issuance of a bond anticipation. note of said
Village to pay a portion of the cost of a fire truck for said
Village, and delegating to me, as chief fiscal officer, the power
to authorize the issuance of and to sell said bond anticipation
note, in anticipation of the issuance and sale of serial bonds,
which power is in full force and effect and has not been modified,
amended, or revoked, I HEREBY AUTHORIZE the issuance of bond
anticipation note No. 2 - 1991 in anticipation of the sale of said
bonds. Said note shall be dated Sept.:6 , 1991, shall be numbered
21 shall bear interest at the rate of five and three - fourths
percent (5.75 %) per annum, payable at maturity and shall mature
December 23, 1991, with prepayment reserved, and both principal of
and interest on said note shall be payable in lawful money of the
United States of America at Ithaca, New York. Said note is not a
renewal note.
2. The specific object or purpose for which said note is
hereby authorized to be issued is in connection with the aforesaid
specific object or purpose. The amount of serial bonds to be
issued for such specific purpose or purposes will not exceed
r:
4
L
$400,000.
3. The only bond anticipation notes presently outstanding in
anticipation of the sale of such bonds are as follows: Bond
Anticipation Note No. 1 for $100,000.00.
4. Such note shall be executed in the name of said Village
by its Mayor and its Village Treasurer, sealed with its corporate
seal, attested by its Village Clerk, and the same shall be in
substantially the form attached hereto. Such note is hereby sold
at private sale to TOMPKINS COUNTY TRUST COMPANY at a price of not
less than par and accrued interest, if any. No officer or employee
of said Village is an officer, director or stockholder of said
purchaser.
Dated: Sept. 6 , 1991
Cayuga Heights, Tompkins County, New
A. SILBER
Treasurer