Town Of Newburgh, N.Y.
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TOWN OF NEWBURGH SEEKS TO EXPEND CAPITAL FUNDS SUBJECT TO PERMISSIVE REFERENDUM
Release Date: February 17, 2017

TOWN OF NEWBURGH
NOTICE OF ADOPTION OF RESOLUTION
AUTHORIZING EXPENDITURE
OF CAPITAL RESERVE FUNDS
SUBJECT TO
PERMISSIVE REFERENDUM
 
 
            NOTICE IS HEREBY GIVEN that at a regular meeting held on the 14th day of February, 2017, the Town Board of the Town of Newburgh duly adopted a resolution authorizing the expenditure of the sum of  $172,497.88 plus accrued interest up to the time of transfer from a Capital Reserve Fund established for the purposes of  (a) the financing of all or part of the cost of construction, reconstruction (including inflow and infiltration) of the sewer lines, acquisition of a specific capital improvement or acquisition of a specific item or specific items of equipment and (b) the construction, reconstruction (including inflow and infiltration) for acquisition of a type of capital improvement or the acquisition of a type of capital improvement of the former Meadow Hill South Sewer District.  Said expenditure is for the purpose of financing part of the Town’s costs of the Meadow Hill South Sewer Rehabilitation Sewer Project, a capital project of the Crossroads Consolidated Sewer District which provides for the reconstruction (including remediation of inflow and infiltration) of sewer lines and their appurtenances in the Meadow Hill South area of the Crossroads Consolidated Sewer District  The Meadow Hill South Sewer District has been consolidated with other sewer districts of the Town of Newburgh pursuant to Article 17A of the General Municipal Law into the Crossroads Consolidated Sewer District
Dated: February 15, 2017
 
                                                                                    _______________________________
                                                                                    Andrew J. Zarutskie
                                                                                    Town Clerk, Town of Newburgh
 

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