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HomeMy WebLinkAboutTB Minutes 1967-05-07 a ¢ � „ - - - .y , G lee L . �- XLL rx r io y IL IL ILA .A IV d 11' jj I ,egu R a At, 1. ar � , ' '.. meetin n Hoard. { o , g . of the Tow f the � Town of. , - Ithaca, Tompkins Countya New York , held at the Town Offices , in the 61 Town of Ithaca , ;Neva York . . oh the 8th day of : Ma � �� , . 196 7 ` , at L . t % Daylight `ouvI11 Time ' ° f lock P • 410. 00 0� _ C , ©�Q za �'t, �ve�sa �� L . i The mee ing pas. called to order • by Supervisor Wria , B . . Kerr ' P 11 and on` u roll bin ' P g - called ; the following ' were ! 1 4 " PRESENT . Councilman Andrew W . McElwee d I � . ,. Councilman Joseph N . Mayer , Jr. C Mayer ,, Harry N , . Gordon CSouncilman Ha:r. ry Baker A .. . - ,' • . . ASSENT o 1' III " ' f r' . .1 ILL t. Al 1, 4 q , , , '- , • Bpd 1 The ; fo11 ®wing ` resolution was offered : by Councilman =Mayer � al I ,a l who moved its ` adoption , PI seconded byCouncilman �. Baker to -wit : . ' N o BOND RESOLUTION DATED May . 8 , .}� 1 1 196 �1 `�.: . I 3 A RESOLUTION AUTHOR THE CONSTRUCTION OFr A `, SANITARY SEWER7,SYS7 :' IIN AND FOR SOUTH MILL' SEWER DISTRICT _ IN THE '$�4 , 00OIANDCAU,Ti0R7�Z� THE ISSUANOFSTS A©0 COST OF ,I 1 SERIAL $ 0 , , Q BONDS 'OF SAID TOWN TO PAY THE COST THEREOF . C1 � e _ IT 1SOL , by' the Town Board f o '� theTown 'of Ithaca , p s _! :s IV Tompkins .County , ' ' New York , as follows : t , .. , [ y '4f LI jN Section - 1 , , The * construction of . a sanitary sewer isystem in lR for , South Hill Sewer ' Distrlet in the . Toven of Itha2 as Tompkins Coanty A 'E , �E If New ` York, to consist of sewer : mains , sewer lateralsy, � l, holes and 11< ` " r appurtenaneesD all t© be eonne:cted to , facilities of the .City ` of low ILL i � 'o I 7 j. - • l , tf Ithaca sewer system, Is hereby - authorized at a maximum °'estimated . cost 3 ' r 1 ` of $840 '00 . f { Seatian >2 . The plan 'of financing the aforesaid' seciflc object i or purpose is . b the issu ; P A y ance of $840 , 000 'serial bonds of . said , Town PL hereby authorized jto be issued pursuant ' to the Local Finance Law , `III 4 i � ILL Seat ' 3s It is hereby determined that the 'perlOd .'.of probable t . usefulness of. - th® af,oresaid ppecific ob jecx or4 purposed is thirty > - years , pursuant to subdivision 4 of ara p . graph a o Section 11400 ,of i ' s the Local Finance. . Law ., The. maximum maturity of the ': seral bonds` s T ` _ �{ herein authorized, will Ibe in excess of five ye.ar , { IIL r. ii f w Y .. {u- < a - ' ` Y � . a - - - I ' ,... -