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HomeMy WebLinkAbout1976-03-08 TOWN OF DANBY TOWN BOARD MINUTES March 8 , 1976 The regular meeting of the Danby Town Board was called to order at 8 : 05 P . M . at the Danby Elementary School , Gunderman Road , Town of Danby , Tompkins County , New York, on March 8 , 1976 . Board members present : Supervisor A . Francis Wright Councilman Ralph Wilbur Councilman Paul Smith • Justice Floyd Dorn Justice Milton Todd Others present : Gordon Roberts , Mary Casterline , Roy Casterline , Alfred Sebesta , Moses Peter , Ernest Cole , Edward Slights , James Murinchack , Jimmie Miller , Rick Jenson Ithaca Journal reporter, Justice Milton Todd made the motion to approve the minutes of the February 9 , 1975 meeting as presented . The motion was seconded by Councilman Paul Smith and carried by a vote of five ayes and no noes . COMMUNICATIONS : 1 . Agenda of the Tompkins County Board of Representatives meeting of March 8 , 1976 . 2 . A letter from the Association of New York State Youth Bureaus concerned with Governor Carey ' s proposed budget that will substantially cut funds for local youth programs . 3 . A resolution from the Tompkins County Municipal Officials Association relating to the Enviromental Quality Review Act . 4 . A notice of the quarterly meeting of the Tompkins County Municipal Officials Association to be held March 17 , 1976 . 5 . A note from a property owner on Eastman Hill Road asking to have the road scraped to his property . 6 . A letter from Bradley Corbitt concerned with the lease for the Danby Pond swimming area . 7 . Minutes of the Town of Danby Planning Board meeting of January 28 , 1976 . . 8 . Minutes of the special meeting of the West Danby Water . Commissioners held February 18 , 1976 . 9 . Minutes of the meeting of the West Danby Water Commiss - ioners held March 3 , 1976 . PRIVILEGE OF THE FLOOR : Councilman Paul Smith said that dogs had come into his barn and killed his peacocks . The town should draw up a dog ordinance . He, also felt that cars parking in the saftely lane on Route 96B was illegal and something should be done about it . Justice Milton Todd stated that the sheriff ' s office has been ticketing�p~A'rked on 96B in the saftey lane but following through is a long slow process . Town of Danby Board Meeting Minutes - March 8 , 1976 Page 2 Privilege of the floor continued : Justice Floyd Dorn stated that complaints have been filed against six dogs that have caused damage in the last month . This is a real problem but there are no laws to enforce the confinement of t hese dogs . James Murinchack reported that the funds have been appropriated by the Danby Community Council for a community sign board . The app - roval of the Appeals Board is now needed . He asked if the stone now by the Danby IGA with a plack concerning the " REDMEN " could be moved to the location of the sign when it is installed . 411 Moses Peter commented on County Government as if affects the towns . J immie Miller stated that the Tompkins County Board of Represent - atives meeting was very general but he will answer questions if their are any . Supervisor A . Francis Wright made a statement concerning adverse publicity concerning the recent town audit of town accounts published by the newsimedia . He invited questions and the matter was discussed at length . COMMITTEE REPORTS : Highway report - The ususal work is being done . There has been a problem with the grader . A radio system for the Highway Department was discussd . Joe Hulbert has checked prices on a CB system and a system similar to what the county has . Joe would like to look further before deciding on a system for Danby . This was discussed at length . A light truck is needed . A truck has been . found that can be purchased for $ 4 , 500 . 00 . This figure is negotiable . There is a problem with the septic system at the town barns . The agree — ment to spent Highway funds must be signed and sent to the county . A meeting is needed with the Town Supervisor , Highway Committee and Superintendent of Highways to discuss payroll . West Danby Water District - No report . Insurance - No report . Refuse Collection and Disposal - No report . Youth - The budget for 1977 is being made ready to submit to the United Way for approval . Zoning and Planning - Justice Floyd Dorn mentioned that parking 411 should be considered in drawing up the revised zoning ordinance . Fire - Councilman Ralph Wilbur reported that the West Danby Fire D istrict ha not paid their water bill . There is a problem about using fire hydrants that needs to be straightenA out . When this matter is cleared up they will pay the bill . Billing for justice court will be brought up to date and the town will be billed quarterly . The problem of getting the bunkers to keep the walks cleared off in bad wheather is being worked on . Cemetaries 7 No report . Town of Danby Board Meeting Minutes - March 8 , 1976 Page 3 Committee Reports continued : Bicentexia-1 Committee - Jimmie Miller reported that the date for the celebration in the Town of Danby has been set for the week of July 11 -17 . The kick off will be an old fashion camp meeting followed by a barbeque . Sporting events will take place and a play directed by Joe Short called " Our Town " will be presented . Perhaps there will be a parade and band concert and dedication of the renovated town hall . T . V . Cable report - Al Sebesta reported that the application for the extension of T . V . Cable service in the Town of Danby is ready for • typing and should be in the mail by the next meeting . Councilman Ralph Wilbur made the motion to authorize the supervisor to sign the second application for T . V . Cable service for the entire Town of Danby . OLD BUSINESS : Report of the Highway Superintendent - Superintendent absent , no report . Zoning Officers report - A contract will be drawn up to have the Bell property in West Danby cleaned up . The hearing on the airstrip on Gunderman Road was discussed and mention was made of a Map of Ithaca that shows an airstrip on Gunderman Road . Appeals Board Chairman - Moses Peter said that things are running smoothly . There will be two appeals heard before the board on March 10 , 1976 . One will be the sign for the Danby Community Council and the other is the Lawn and Garden Store for James and Joanne Wilcox . Mr . Peter stated that his term at a member of the Appeals Board will expire at the end of June and he will not accept another term . Planning Board Chairman - Ernest Cole reported that the Planning Board is still meeting twice a month and are progressing slowly on the zoning ordinance . Late in the spring they will be ready for a joint meeting with the Town Board and Board of ' Zoning Appeals . NEW BUSINESS : The financing of the renovation of the town hall was discussed . The total of the money spent so far and the funds that are available were given to the board for their consideration and study . Possibly some money will have to be borrowed . There have been problems in the renovation of the town hall . Paul Smith reported that there are three change orders . 1 ) Change order for the septic system pipes that had to be reset at a cost of $ 715 . 00 . 2 ) The temporary ceiling will be removed and the old wood ceiling will be used . This will change the insulation and possibly the lights, the price to be negotiable . 3 ) The steel stairs will be put in instead of the wooden ones . • There will be an executive session of the Town Board at the home of the supervisor March 9 , 1976 at 8 : 00 P . M . I/ Supervisor A . Francis Wright stated that a resolution was needed to transfer funds to pay Social Security . The motion was made by Councilman Paul Smith to transfer $ 2 , 300 . 00 from General Fund Account A9030 . 8 to Highway Fund Account DS9030 . 8 to make funds available to pay Social Security . The motion was seconded by Justice Milton Todd . RESOLUTION #14 TRANSFER $ 2 , 300 . 00 FROM GENERAL FUND ACCOUNT A9030 . 8 TO HIGHWAY FUND ACCOUNT DS9030 . 8 • Town of Danby Board Meeting Minutes - March 8 ; 1976 Page 4 New Businees continued : Roll Call , Vote : Wright - aye Wilbur - aye Smith - aye Dorn - aye Todd - aye Carried by a vote of five ayes and no noes . A dog ordinace for the Town of Danby was discussed at length . An o rdinancelis needed that can be enforced . A committee consisting 411 o f Justice Floyd Dorn and Councilman Paul Smith will get together with the town attorney and develope an ordinance . Cars pang in the saftley lane was discussed . Moving the monument with the inscription about the Redmen ' s Club will be looked into by Councilman Ralph Wilbur and James Murinchack and they will report their findings to the board in April atlitheir regular meeting . The town will make sure they have the authority to move the stone . General Fund Warrant #3 in the amount of $ 6 , 946 . 91 was approved to be paid . The motion was made by Justice Milton Todd and seconded by Justice Floyd Dorn and carried by a vote of five ayes and no noes . Highway Fund Warrant #3 in the amount of $ 2 , 381 . 26 was approved to be paid . ! The motion was made by Justice Floyd Dorn and seconded by Justice Milton Todd and carried by a vote of five ayes and no noes . West Danby Water District Warrant #3 in the amount of $456 . 61 was approved to be paid . The motion was made by Justice Milton Todd and seconded by Supervisor A . Francis Wright and carried by a vote o f five ayes and no noes . The supervisor ' s reports were approved as presented . The motion was madeiby Justice Milton Todd and seconded by Justice Floyd Dorn and carried by a vote of four ayes and no noes . Supervisor A . Francis Wright declared the meeting adjourned at 10 : 20 P . M , Respectfully submitted , r Martz , clerk )(wie. Sale v v c.e, ga 17 Oc = o? cifeysel000 ualeta."64„ A PETITION TO THE DANBY TOWN BOARD We earnestly request the Danby Town Board to purchase the parcel of land • immediately , south of the Town Hall if this can be done at a reasonable price " Removal of the derelict house on the site would make the Town of Danby more attractive and provide greatly needed additional parking facilities for the Town Hall . When restoring the historical Town Hall , the Town purchased the property immediately to the north which has greatly improved the appearance . of the Town Hall and the historical area in which it is located and at the same time has provided parking facilities . Nov the Tcwn Hall needs additional parking which the area to the South would provide very- nicely . . - 1 • /� /i(iP'! ( L1� d �I CY t c f �G 2 . `? • s�C3L� \c ��tv� 3 . 4 . 5 . 64tf . .1 q • 6 • �a -;- .1iti) dedaa____ 10 . ,4y1 • 6- 0),n-et, ii7r- 11 . 12 . /�YYY� A . 13 . lOr /n Gl1- 14 . 15 . 16 . 17 . 18 . - 19 . 20 . . 21 . • 22 . 23 . 24 . .25 , 7 a of " 0007 sir- Q .:Riper 700 0 U u - . 0 r IV _ A 4,4 -1 . A • PETITION TO THE DANBY TOWN BOARD - We earnestly request the Danby Town Board to purchase the parcel of land immediately south of the Town Hall if this can be done at a reasonable price . °• Removal of the derelict house on the site would make the Town of Danby more attractive and provide greatly needed additional parking facilities for the Town Hall . - When restoring the historical Town Hall , the Town purchased the property immediately to the north which has greatly improved the appearance . of the Town Hall and the historical area in which it is located and at the same • time has provided parking facilities . 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C . 7/ I f n r ratl3A#t *f2Ooo 2 øfrotaJtct/Waco 7; • A PETITION TO THE DANBY TOWN BOARD We earnestly request the Danby Town Board to purchase the parcel of land immediately south of the Town Hall if this can be done at a reasonable price''Removal of the derelict house on the site would make the Town of Danby more attractive and provide greatly needed additional parking facilities for the Town Hall . When restoring the historical Town Hall , the Town purchased the property immediately to the north which has greatly improved the appearance of the Town Hall and the historical area in which it is located and at the same time has provided parking facilities . Nov the Town Hall needs additional parking which the area to the South would provide very nicely . .•1 . At ■ / /ice _ ii L.." Imo'_ • 2 . • 411 , b/ q„,e.cari 0- In 3 . C • ;4t . l $itt l /2/76- l 6 J' 044e1 / i 4 . f j • 5 . 6 . � . . • . . . i . . 8 . • 9 . 10 . • 11 . 12 . 13 . 14 . 15 . 16 . 17 . • 18 . 19 . 20 . 21 . 22 . 23 . 24 . :25 . f C TOWN BOARD TOWN OF DANBY Resolution No . /4 ;7 BOND ANTICIPATION NOTE RESOLUTION DATED MAY 8 , 1978 FOR ISSUANCE AND SALE OF A NOTE OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK IN ANTICIPATION OF THE SALE OF $ 5 , 000 . 00 SERIAL BONDS FOR THE PUR- POSE OF PROVIDING FUNDS TO PURCHASE PROPERTY , RENOVATE AND CONSTRUCT THE THE TOWN HALL FOR THE TOWN OF DANBY . WHEREAS , The Town Board of the Town of Danby has heretofore duly adopted a resolution authorizing a special election for the purpose o f determining the proposition of issuing Town of Danby Bonds or Notes in an amount not to exceed $ 47 , 000 . 00 for the purpose of constructing a new Danby Town Hall or renovating the present structure which Resolution authorizing the referendum was passed on June 9 , 1975 , and WHEREAS , pursuant to notice duly published in the Ithaca Journal the special election was held on July 5 , 1975 which resulted in the vote of a majority of the eligible voters in the Town of Danby voting in favor of the renovation of the present Danby Town Hall for an amount not to exceed $ 94 , 000 . 00 , plus interest on any Bonds issued , the total of which Bonds were to be limited to the amount of $ 42 , 000 . 00 , and WHEREAS , pursuant to said special election the Town Board of the Town of Danby passed a Resolution dated April 12 , 1976 authorizing the renovation o f the present Danby Town Hall for a sum not to exceed $ 94 , 000 . 00 of which said sum the Resolution authorized the issuance of certain Serial Bonds not to exceed $ 42 , 000 . 00 , and WHEREAS , the Town Board of the Town of Danby passed a Resolution authorizing a Bond Anticipation note in the amount of $ 25 , 000 . 00 for the purpose of providing funds to purchase property , renovate and construct the Town Hall for the Town of Danby on April 12 , 1976 and did issue said note o n April 30 , 1976 , and WHEREAS , the Town Board of the Town of Danby passed a Resolution authorizing a Bond Anticipation Note int.: the amount of $ 30 , 000 . 00 for the purpose of providing funds to purchase property , renovate and construct the Town Hall for the Town of Danby on May 9 , 1977 and did issue said Note o n April 30 , 1977 , and r - 2 - WHEREAS , the Town Board of the Town of Danby desires now to provide for the issuance of a form of Bond Anticipation Note in anticipation of the sale of the aforesaid Bonds and other matters in connection therewith ; be it this 8th day of May , 1978 , RESOLVED by the Town Board of the Town of Danby , Tompkins County , New York , as follows : SECTION I : A BOND ANTICIPATION NOTE IN THE AMOUNT OF $ 5 , 000 . 00 SHALL BE ISSUED BY THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK FOR THE PURPOSE AFORESAID AND ANTICIPATION OF THE SALE OF SERIAL BONDS OF THIS TOWN IN THE AMOUNT OF $ 5 , 000 . 00 AS AFORESAID HERETOFORE AUTHORIZED BY SAID RESOLUTION ADOPTED AT A MEETING HELD APRIL 12 , 1976 WHICH RESOLUTION WAS ENTITLED " BOND RESOLUTION OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK' ADOPTED APRIL 12 , 1976 AUTHORIZING THE ISSUANCE OF SPECIAL OBLIGATION BONDS OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK IN THE PRINCIPAL AMOUNT OF NOT TO EXCEED $ 42 , 000 . 00 FOR THE PURPOSE OF PROVIDING FUNDS TO PURCHASE PROPERTY , CONSTRUCT AND RENOVATE THE PRESENT DANBY TOWN HALL FOR AN ESTIMATED MAXIMUM COST OF $ 94 , 000 . 00 . SECTION 2 : Such note shall be dated April 30 , 1978 held such later date as the Supervisor by his execution thereof will determine , will mature on April 30 , 1979 , will bear interest at the rate of not exceeding 5% per annum payable at maturity , will be payable as to both principal and interest in lawful money of the United States of America , at the City of Ithaca , County of Tompkins , New York , and will be signed in the name of the Town of Danby by the Supervisor of said Town and by the Clerk and will be sealed with the seal of said Town . SECTION 3: The said Bond Anticipation Note will be substantially the following terms , form and content , to wit : BOND ANTICIPATION NOTE UNITED STATES OF AMERICA , STATE OF NEW YORK , COUNTY OF TOMPKINS , TOWN OF DANBY , CAPITAL , NOTE , 1978 $ 5 , 000 . 00 The Town of Danby , Tompkins County , State of New York , hereby acknowledges itself indebted and for value received , promises to pay to the bearer of this note , or if it be registered , to the registered holder , pr . . - 3 - the sum of FIVE THOUSAND DOLLARS ( $ 5 , 000 . 00 ) on the 30th day of April , 1979 together with interest thereon from the date hereof at the rate of 5% per annum , payable at maturity . Both principal of and interest on this note will be paid in lawful money of the United States of America at the office of the Town of Danby , Tompkins County , New York , or at the option of the holder , at the Tompkins County Trust Company in the City of Ithaca , New York . At the request of the holder , the Town Supervisor shall convert this note into a registered note by registering it in the name of the holder in the books of the Town of Danby , kept in the office of such Town Supervisor , and endorsing a certificate of such registration thereon , after which both principal of and interest on this note shall be payable only to the registered holder , his legal representatives , successors or transferees .. 1 This note shall then be transferable only upon presentation to such Town Supervisor with a written transfer of title and such Town Supervisor shall thereupon register this note in the name of the transferee in his books and shall endorse a certificate of such registration thereon . Such transfer shall be dated and signed by the registered holder or his legal representatives , and it shall be duly acknowledged or proved , or in the alternative , the signature thereto shall be certified as to its genuineness by an officer of a bank or trust company located and authorized to do business in this State . This note is issued pursuant to the provisions of resolutions entitled " BOND RESOLUTION OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK , ADOPTED APRIL 12 , 1976 AUTHORIZING THE ISSUANCE OF SPECIAL OBLIGATION BONDS OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK IN THE PRINCIPAL AMOUNT OF $ 42 , 000 . 00 FOR THE PURPOSE OF PROVIDING FUNDS TO PURCHASE PROPERTY , CONSTRUCT AND RENOVATE THE DANBY TOWN HALL AT AN ESTIMATED MAXIMUM COST OF $ 94 , 000 . 00 " and " BOND ANTICIPATION NOTE RESOLUTION DATED MAY 9 , 1977 FOR THE ISSUANCE AND SALE OF A NOTE OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK , IN ANTICIPATION OF THE SALE OF $ 30 , 000 . 00 SERIAL BONDS FOR THE PURPOSE OF PROVIDING FUNDS TO PURCHASE LAND AND CONSTRUCT AND RENOVATE THE DANBY TOWN HALL " and " BOND ANTICIPATION NOTE RESOLUTION DATED MAY 8 , 1978 FOR ISSUANCE AND SALE OF A NOTE OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK IN ANTICIPATION OF THE SALE OF $ 5 , 000 . 00 SERIAL BONDS FOR THE PURPOSE OF PROVIDING FUNDS TO PURCHASE LAND , CONSTRUCT AND RENOVATE THE DANBY TOWN HALL " which resolutions were duly adopted by the Town Board of the Town of Danby on the 12th day of April , 1976 , Vt • - 4 - the 9th day of May , 1977 and the 8th day of May , 1978 . The full faith and credit of such Town are hereby irrevocably , pledged for the punctual payment of the principal of and interest on this note according to its terms . IN WITNESS WHEREOF , the Town of Danby has caused this note to be signed by its Supervisor and Town Clerk and its corporate seal to be hereunto attached and attested by its Town Clerk , and this note to be dated as of the 30th day of April , 1978 . TOWN OF DANBY BY : ( , 77a-Cita,' L#4,146(— Supervisor BY : Tow i/Clerk ATTEST : ,-alu_ TOWN%CLERK SECTION 4 : The faith and credit of said Town are hereby pledged for the principal of and interest on such Bond Anticipation Note . Such Bond Anticipation Note shall be paid from the proceeds derived from the sale of said bonds or may be redeemed as provided by the Local Finance Law of, the State of New York . SECTION 5 : The Supervisor of the Town is hereby authorized to sell such Bond Anticipation Ncte at private sale for not less than par and accrued interest not exceeding the rate above specified , and the Supervisor is authorized to deliver such Bond Anticipation Note to the purchaser upon payment of the purchase price and accrued interest as above specified . The receipt of the Supervisor shall be full acquittance to the purchaser who shall not be obligated to see to the application of the purchase money . SECTION 6 : This resolution shall take effect immediately . ■ - 5 - This resolution made by �� � and duly seconded by � , . -amend duly put to a vote on ro I l call , which resulted as fo lows : AYES : 4� NOES : -0 The resolution was declared and unanimously adopted . State of New York . ss . County of Tompkins . I , the undersigned Clerk of the Town of Danby , a municipal corporation of the County of Tompkins , State of New York , do hereby CERTIFY that the foregoing is a true and complete copy of a resolution duly adopted by the Town and recorded in the minutes of a meeting of said Board duly held on the 8th day of May , 1978 and not subsequently rescinded or modified . IN WITNESS WHEREOF , I have hereunto subscribed my name as Clerk of the Town of Danby this 8th day of May , 1978 . AP TOWN ' LERK n BOND ANTICIPATION NOTE UNITED STATES OF AMERICA , STATE OF NEW YORK , COUNTY OF TOMPKINS , TOWN OF DANBY , CAPITAL NOTE , 1978 $ 5 , 000 . 00 The Town of Danby , Tompkins County , State of New York , hereby acknowledges itself indebted and for value received , promises to pay to the bearer of this Note , or if it be registered , to the registered holder , the sum of FIVE THOUSAND DOLLARS ( $ 5 , 000 . 00 ) on the 30th day of April , 1978 , together with interest thereon from the date hereof at the rate of five percent ( 5 % ) per annum , payable at maturity . Both principal of and interest on this Note , will be paid in lawful money of the United States of America , at the office of the Town of Danby , Tompkins County , New York , or at the option of the holder , at the Tompkins County Trust Company , in the City of Ithaca , New York . At the request of the holder , the Town Supervisor shall convert this Note into a Registered Note , by registering it in the name of the holder in the books of the Town of Danby , kept in the office of such Town Supervisor and endorsing a certificate of such registration hereon , after which both principal of and interest on this Note shall be payable only to the registered holder , his legal representatives , successors or transerees . This note shall then be transferrable only upon presentation to such Town Supervisor with a written transfer of title and such Town Supervisor shall thereupon register this Note in the name of the transferee on his books and shall endorse a certificate of such registration thereon . Such transfer shall be dated and signed by . the registered holder , or his legal representative , and it shall be duly acknowledged or proved , or in the alternative , the signature thereto shall be certified as to its genuineness by an officer of a bank or trust company located and authorized to do business in this State . This Bond is issued pursuant to the provisions of resolutions entitled : " BOND RESOLUTION OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK , ADOPTED THE 12th DAY OF APRIL , 1976 AUTHORIZING THE ISSUANCE OF SPECIAL OBLIGATION BONDS OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK IN THE PRINCIPAL AMOUNT OF $ 42 , 000 . 00 FOR THE PURPOSE OF PROVIDING FUNDS TO PURCHASE LAND , CONSTRUCT AND RENOVATE THE DANBY TOWN HALL AT AN ESTIMATED MAXIMUM COST OF $ 94 , 000 . 00 " and " BOND ANTICIPATION NOTE RESOLUTION DATED MAY 9 , 1977 - 2 - FOR ISSUANCE AND SALE OF A NOTE OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK IN ANTICIPATION OF THE SALE OF $ 30 , 000 . 00 SERIAL BONDS FOR THE PURPOSE OF PROVIDING FUNDS TO PURCHASE LAND , CONSTRUCT AND RENOVATE THE DANBY TOWN HALL " and " BOND ANTICIPATION NOTE RESOLUTION DATED MAY 8 , 1978 FOR ISSUANCE AND SALE OF A NOTE OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK IN ANTICIPATION OF THE SALE OF $ 5 , 000 . 00 SERIAL BONDS FOR THE PURPOSE OF PROVIDING FUNDS TO PURCHASE LAND , CONSTRUCT AND RENOVATE THE DANBY TOWN HALL" which resolutions were duly adopted by the Town Board of the Town of Danby on the 12th day of April , 1976 , the 9th day of May , 1977 and the 8th day of May , 1978 , respectively . The full faith and credit of such Town are irrevocable pledged for the punctual payment of the principal of and interest on this note according to its terms . IN WITNESS WHEREOF , the Town of Danby has caused this Note to be signed by its Supervisor and Town Clerk and its corporate seal to be hereunto attached and attested by its Town Clerk and this Note to be dated as of the 30th day of April , 1978 . TOWN OF DANBY BY : acti,„:0, G'L� , TOWN SUPERVISOR BY_ 72t3 .----- / Tow ATTEST : 0% TOW LERK 0 A V - 1 TOWN BOARD TOWN OF DANBY Resolution No . BOND ANTICIPATION NOTE RESOLUTION DATED APRIL 12 , 1976 FOR ISSUANCE AND SALE OF A NOTE OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK IN ANTICIPATION OF THE SALE OF $ 35 , 000 . 00 SERIAL BONDS FOR THE PURPOSE OF PROVIDING FUNDS TO PURCHASE PROPERTY , RENOVATE AND CONSTRUCT THE TOWN HALL FOR THE TOWN OF DANBY . WHEREAS , the Town Board of . the -Town of Danby has heretofore duly adopted a resolution authorizing a special election for the purpose of determining the propositionof issuing Town of Danby Bonds or Notes in an amount not to exceed $47 , 000 . 00 for the purpose of constructing a new Danby Town Hall or reno - vating the present structure . which Resolution authorizing the referendum was passed on June 9 , 1975 , . and WHEREAS , pursuant to notice duly published in the Ithaca Journal the special election was held on Julyl5 , 1975 which resulted in the vote of a majority of the eligible voters in the Town of Danby voting in favor of the renovation of the !- present Danby Town Hall for an amount not to exceed $ 94 , 000 . 00 , plus interest on any Bonds issued , the total of which Bonds were to be limited to the amount of $42 , 000. 00 , and . . - . � a * 2 * WHEREAS , pursuant to said special election .the- Town Board of the Town of Danby passed a Resolution dated April 12 , 1976 authorizing the renovation of the present Danby Town Hall for a sum not to exceed $ 94 , 000 . 00 of which said sum the Resolution authorized the issuance of certain Serial Bonds not to exceed $42 , 000 . 00 , and WHEREAS , the Town Board of the Town of Danby desires now to provide for the issuance of a form of Bond Anticipation Note in anticipation. of the sale of the aforesaid Bonds and other matters in connection therewith ; be it this 12th day of April , 1976 , RESOLVED by the Town Board of the Town of Danby , Tompkins County , New York , as follows : SECTION 1 : A BOND ANTICIPATION NOTE IN THE AMOUNT OF $ 35 , 000 . 00 SHALL BE ISSUED BY THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK FOR THE PURPOSE AFORESAID. AND ANTICIPATION OF THE SALE OF SERIAL BONDS OF THIS TOWN IN THE AMOUNT OF $ 35 , 000 . 00 AS AFORESAID HERETOFORE AUTHORIZED BY SAID RESOLUTION ADOPTED AT A - MEETING HELD APRIL 12 , 1976 WHICH RESOLUTION WAS ENTITLED "BOND RESOLUTION OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK ADOPTED APRIL 12 , 1976 AUTHORIZING THE ISSUANCE OF SPECIAL OBLIGATION BONDS OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK * 3 * IN THE PRINCIPAL AMOUNT OF NOT TO EXCEED $ 42 , 000 . 00 FOR THE PURPOSE OF PROVIDING FUNDS TO PURCHASE PROPERTY , CONSTRUCT AND RENOVATE THE PRESENT DANBY TOWN HALL FOR AN ESTIMATED MAXIMUM COST OF $ 94 , 000 . 00 " . . SECTION 2 : Such note shall be dated April , 1976 held such later date as the Supervisor by his execution thereof w ill determine , will mature . on April , 1977 , will bear interest at the rate of not exceeding 77 per annum payable at maturity , w ill be payable as to both principal and interest in lawful money o f the United States of America , at the City of Ithaca , . County of Tompkins , New York , and will be signed in the name of the Town of Danby by the Supervisor of said Town and by the Clerk and will be sealed with the seal of said Town . SECTION 3 : The said Bond Anticipation Note will be substantially the following terms. , form and content , to wit : BOND ANTICIPATION NOTE UNITED STATES OF AMERICA , STATE OF NEW YORK , COUNTY OF TOMPKINS , TOWN OF DANBY , CAPITAL , NOTE , 1976 $ 35 , 000100 The Town of Danby , Tompkins County , State of New York , hereby acknowledges itself indebted and for value received , pro - mises to pay to the bearer of this note , or if it be registered , * 5 * This note is issued pursuant to the provisions of resolutions entitled "BOND RESOLUTION OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK , ADOPTED APRIL 12 , 1976 AUTHORIZING THE ISSUANCE OF SPECIAL OBLIGATION BONDS OF. THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK IN THE PRINCIPAL AMOUNT OF $ 42 , 000 . 00 FOR THE PURPOSE OF PROVIDING FUNDS TO PURCHASE . PROPERTY , CON - STRUCT AND RENOVATE THE DANBY TOWN HALL . AT vAN . ESTIMATED MAXIMUM COST . OF $ 94 , 000 . 00 . " and "BOND ANTICIPATION NOTE RESOLUTION DATED APRIL 12 , 1976 FOR THE ISSUANCE AND SALE OF A NOTE OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK , IN ANTICIPATION OF THE SALE OF $ 35 ,. 000 . 00. SERIAL BONDS FOR THE PURPOSE OF PROVIDING FUNDS TO PURCHASE LAND AND CONSTRUCT AND RENOVATE THE DANBY TOWN HALL. " w hich resolutions were duly adopted by the Town Board of the Town o f Danby on the 12th day of April , 1976 . The full faith and credit o f such Town are hereby irrevocably pledged for the punctual pay - ment of the principal of and interest on this note according to its terms . . IN WITNESS WHEREOF , the Town of Danby has caused this note to be signed by its Supervisor and Town Clerk and its * 6 * corporate seal to be hereunto attached and attested by its Town Clerk , and this note to be dated as of the 3aW day of April , 1976 . TOWN OF DANBY c 4A By Supervisor BY 46 _ /' Town Ci, e ATTEST : A/Grp AgriOr e N CLERK ' SECTION 4 : The faith and credit of said Town are hereby pledged for the principal of and interest on such Bond Anticipation Note . Such Bond Anticipation Note shall be paid from the proceeds derived from the sale of said bonds or may be redeemed as provided by the Local Finance Law of the State of New York . * 7 SECTION 5 : The Supervisor of the Town is hereby authorized to sell such Bond Anticipation Note at private sale for not less than par and armed interest not exceeding the rate above specified , and the Supervisor is authorized to deliver such Bond Anticipation Note to the purchaser upon payment of the purchase price and accrued interest above specified . The receipt of the Supervisor shall be full acquittance to the pure chaser who shall not be obligated to see to the application of the purchase money . . SECTION 6 : This resolution shall take effect immediately . * * * * * . This resolution made by Justice Milton Todd and duly seconded by Councilman Paul Smith and duly put to a vote on roll call , which resulted as follows : AYES : Wright , Wilbur , Smith , Todd and Dorn NOES The resolution was declared and unanimously adopted . * 8 STATE OF NEW YORK : : ss . COUNTY OF TOMPKINS : I , the undersigned Clerk of the Town of Danby , a municipal corporation of the County of Tompkins , State of New York , do hereby CERTIFY that the foregoing is a true and com- plete copy of a resolution . duly adopted by the Town and recorded in the minutes of a meeting of said Board duly held the day of April , 1976 and not subsequently rescinded or modified . IN WITNESSiRWHEREOF , I have hereunto subscribed my name as Clerk of the Town of Danby , this day of April , 1976 . Town Clerk BOND ANTICIPATION NOTE UNITED STATES OF AMERICA , STATE OF NEW YORK , COUNTY OF TOMPKINS , TOWN OF DANBY , CAPITAL NOTE , 1976 $ 35 , 000 . 00 The Town of Danby , Tompkins County , State of New York , hereby acknowledges itself indebted and for value received , pro - mises to pay to the bearer of this Note , or if it be registered , to the registered holder , the sum of Thirty - Five Thousand Dollars ( $ 35 , 000 . 00 ) on the day of April , 1977 , together with interest thereon from the date hereof at the rate of 7 per cent per annum , payable at maturity . Both principal of and interest o n this Note , will be paid in lawful money of the United States o f America , at the office of the Town of Danby , Tompkins County., New York , or at the option of . the holder , at the Tompkins County Trust Company , in the City of Ithaca , New York . At the request of the holder , the Town Supervisor shall convert this Note into a Registered Note , by registering it in the name of the holder in the books of the Town of Danby , kept in the office of • such Town Supervisor and endorsing a certificate o f such registration hereon , after which both principal of and interest on this Note shall be payable only to the registered holder , his legal representatives , successors or transferees . * 2 * This Note shall then be transferable only upon presentation to such Town Supervisor with a written transfer of title and such Town Supervisor shall thereupon . register this Note in the name of the transferee on his books and shall endorse a certificate of such registration hereon . Such transfer shall be dated and signed by the registered holder , or his legal representative , and it shall be duly acknowledged or proved , or in the alternative , the signature thereto shall be certified as to its genuineness by an officer of a bank or trust company located and authorized to do business in this State . This Bond is issued pursuant to the provisions of resolutions entitled "BOND RESOLUTION OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK , ADOPTED THE 12th DAY OF APRIL , 1976 AUTHORIZING THE ISSUANCE OF SPECIAL OBLIGATION BONDS OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK IN THE PRINCIPAL AMOUNT . OF $ 42 , 000 . 00 FOR THE PURPOSE OF PROVIDING FUNDS TO PURCHASE LAND , CONSTRUCT AND RENOVATE THE DANBY TOWN HALL AT AN ESTIMATED MAXIMUM COST OF $ 94 , 000 . 00 " and "BOND ANTICIPATION NOTE RESOLUTION DATED APRIL 12 , 1976 FOR ISSUANCE AND SALE OF A NOTE OF THE TOWN OF DANBY , TOMPKINS COUNTY , NEW YORK IN ANTICIPATION OF THE SALE OF $ 35 , 000 . 00 SERIAL BONDS FOR THE PURPOSE OF PROVIDING FUNDS TO PURCHASE LAND , CONSTRUCT AND RENOVATE THE DANBY TOWN HALL. " which * 3 * resolutions were duly adopted by the Town Board of the Town of Danby on the 12th day of April , 1976 . The full faith and credit of such Town are irrevocably pledged for the punctual payment of the principal of and interest on this note according to its terms . IN WITNESS WHEREOF , the Town of Danby has caused this Note to be signed by its Supervisor and Town Clerk and ; its core porate seal to be hereunto attached and attested by its Town Clerk and this Note to be dated as of the day of April , 1976 . TOWN OF DANBY By t �%�.lc a • upervisor By Town a rk ATTEST : . 1 .\ ToWClerk i