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HomeMy WebLinkAboutSpec Mtg. Minutes 8/29/1975VILLAGE OF CAYUGA HEIGHTS O MINUTES Of a Spocial Meeting of the Board of Trustees held at 4:00 p.m. on August 29, 1975 in the Village Hall. PRESENT: Mayor F. G. Marcham; Trustees David J. Allee (4 :45 p.m.) Ronald E. Anderson, Sheller S. Philbrick, David Pimentel, Bane F. Randolph; Treasurer Gordon B. Wheeler. ABSENT: Trustee Dooley S. Kiefer Moved by Trustee Pimentel, seconded by Trustee Randolph: RESOLUTION 2476 - RESIGNATION OF TRUSTEE KIEFER VOTED to accept Trustee Kiefer's letter of resignation dated August 13, 1975 and to express the gratitude of the Board to Mrs. Kiefer for her services. Trustee Allee wished to be recorded as abstaining. The Board instructed the Mayor to state to Mrs. Kiefer that in view of the possible difficulty of obtaining a quorum with a Board of 5 members and the need during the next few months of passing a local law, the Board thought it necessary to accept her resignation and seek a new Trustee to take her place. Passed by four votes. at �r 0 Moved by Trustee Pimentel, seconded by Trustee Anderson: RESOLUTION 2477 - JEAN ROBINSON AS NEW TRUSTEE VOTED to instruct the Mayor to ask Mrs. Jean Robinson if she is willing to serve the remainder of Trustee Kiefer's term of office; i.e., from September 1, 1975 to March 31, 1976. Unanimously passed. :::sl Moved by Trustee Randolph, seconded by Trustee Philbrick: RESOLUTION 2478 - LOAN RESOLUTION I. the undersigned, Clerk of the Village of Cayuga Heights, a municipality duly incorporated and existing under the laws of the State of New York, having its principal place of business in Cayuga Heights, hereby CERTIFY that the following is a true copy of a certain resolution duly adopted by the Board of Trustees of the said Village of Cayuga Heights in accordance with the Laws of the State of New York and recorded in the minutes of a meeting of the said Board duly held on August 29, 1975, and not subsequently rescinded or modified. "RESOLVED: That the Mayor, Treasurer, and Clerk are hereby authorized for and on behalf of this Village to: Discount and/or negotiate with THE FIRST NATIONAL BANK OF ITHACA, N.Y., notes; drafts or other commercial paper; Apply for letters or other forms of credit; Borrow money, with or without security; Pledge or otherwise • hypothecate any property of the Village, and to transact any and all such other business with said Bank as at any time may be deemed by the said officers and /or other persons transacting the same to be advisable, and in reference to any of the authority hereby conferred to make, enter into, execute; and deliver to said Bank r page 2 MINUTES of Speciol Meeting of August 29, 1975 such negotiable or non - negotiable instruments, indemnity or other agreements, obligations, assignments, endornements, hypothecations, pledges, rencaalr and /or documents as to said officers and /or other persons above to execute the some may seem necessary or desirable, any and all withdrawals of money and /or other transactions heretofore had in behalf of this Village with said Bank being hereby ratified, confirmed and approved; also, that said Bank may rely upon the authority conferred by this entire resolution until the receipt by it of a certified copy of a resolution of this Board revolting or modifying the same." I FURTHER CERTIFY that the following are such of the officers of the said Village as are designated in the above quoted resolution, and that each is duly qualified and now acting as such: F. G. Marcham Gordon B. Wheeler Rose M. Tierney Village Mayor Village Treasurer Village Clerk Two signatures are required to sign all documents. IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the seal of the said Village of Cayuga Heights this day of , 1975. . S E A L The above Resolution was unanimously passed. Meeting adjourned at 5:05 P.M. • Village Clerk Deputy Mayor F. G. Marcham, Mayor