NOTICE OF SPECIAL ELECTION
Germantown Fire District, Columbia County, New York
NOTICE IS HEREBY GIVEN that, pursuant to Section 38.00 of the Local Finance Law and
Section 179 of the Town Law, a special election of the qualified voters of the Germantown Fire
District, Columbia County, New York, will be held at the Germantown Firehouse, 181 Main
Street, in Germantown, New York, in said Fire District, on the 23rd day of January, 2018,
between the hours of 6:00 P.M. and 9:00 P.M., Prevailing Time, for the purpose of voting by
ballot on the adoption or rejection of the following resolution:
BOND RESOLUTION DATED DECEMBER 18, 2017
A RESOLUTION AUTHORIZING THE PURCHASE OF A FIRE TRUCK
FOR THE GERMANTOWN FIRE DISTRICT, COLUMBIA COUNTY,
NEW YORK, AT A MAXIMUM ESTIMATED COST OF $700,000, AND
AUTHORIZING THE ISSUANCE OF NOT EXCEEDING $400,000
BONDS AND THE EXPENDITURE OF $300,000 AVAILABLE CURRENT
FUNDS OF SAID FIRE DISTRICT TO PAY THE COST THEREOF.
BE IT RESOLVED, by the Board of Fire Commissioners of the Germantown Fire District,
Columbia, New York, as follows:
Section 1. The purchase of a fire truck for the Germantown Fire District, Columbia
County, New York, including apparatus and incidental costs, is hereby authorized at a maximum
estimated cost of $700,000.
Section 2. The plan for the financing of the aforesaid maximum estimated cost is as follows:
- a) By the issuance of not exceeding $400,000 bonds of said Fire District hereby
authorized to be issued therefor pursuant to the provisions of the Local
Finance Law; and
- b) By the appropriation and expenditure of $300,000 available current funds of
said Fire District hereby authorized to be expended therefor.
Section 3. It is hereby determined that the period of probable usefulness of the
aforesaid specific object or purpose is twenty years pursuant to subdivision 27 of paragraph a
of Section 11.00 of the Local Finance Law.
Section 4. The faith and credit of said Germantown Fire District, Columbia County, New
York, are hereby irrevocably pledged for the payment of the principal of and interest on such
bonds as the same respectively become due and payable. An annual appropriation shall be
made in each year sufficient to pay the principal of and interest on such bonds becoming due
and payable in such year. There shall be annually levied on all the taxable real property in said
Fire District a tax sufficient to pay the principal of and interest on such bonds as the same
become due and payable.
Section 5. Subject to the provisions of the Local Finance Law, the power to authorize the
issuance of and to sell bond anticipation notes in anticipation of the issuance and sale of the
bonds herein authorized, including renewals of such notes, is hereby delegated to the Fire
District Treasurer, the chief fiscal officer. Such notes shall be of such terms, form and contents,
and shall be sold in such manner, as may be prescribed by said Fire District, consistent with the
provisions of the Local Finance Law.
Section 6. All other matters except as provided herein relating to the bonds herein
authorized including the date, denominations, maturities and interest payment dates, within
the limitations prescribed herein and the manner of execution of the same, including the
consolidation with other issues, and also the ability to issue bonds with substantially level or
declining annual debt service, shall be determined by the Fire District Treasurer, the chief fiscal
officer of such Fire District. Such bonds shall contain substantially the recital of validity clause
provided for in Section 52.00 of the Local Finance Law, and shall otherwise be in such form and
contain such recitals, in addition to those required by Section 51.00 of the Local Finance Law, as the Fire District Treasurer shall determine consistent with the provisions of the Local Finance
Section 7. The validity of such bonds and bond anticipation notes may be contested only if:
1) Such obligations are authorized for an object or purpose for which said Fire
District is not authorized to expend money, or
2) The provisions of law which should be complied with at the date of
publication of this resolution are not substantially complied with,
and an action, suit or proceeding contesting such validity is commenced within twenty days
after the date of such publication, or
3) Such obligations are authorized in violation of the provisions of the
Section 8. This resolution shall constitute a statement of official intent for purposes of
Treasury Regulations Section 1.150-2. Other than as specified in this resolution, no monies are,
or are reasonably expected to be, reserved, allocated on a long-term basis, or otherwise set
aside with respect to the permanent funding of the object or purpose described herein.
Section 9. Upon this resolution taking effect, the same shall be published in summary in
The Register-Star, which is hereby designated as the official newspaper of said Fire District for
such purpose, together with a notice of the Fire District Secretary in substantially the form
provided in Section 81.00 of the Local Finance Law.
Section 10. This resolution is adopted subject to approval at a special election of said
Fire District to be held on the 23rd day of January, 2018.
* * * * * *
The polls will be kept open for the purpose of voting during the aforesaid hours, and the
proposition will be in substantially the following form, to wit:
Shall the resolution entitled: “BOND RESOLUTION DATED DECEMBER 18, 2017.
A RESOLUTION AUTHORIZING THE PURCHASE OF A FIRE TRUCK FOR THE GERMANTOWN FIRE DISTRICT, COLUMBIA COUNTY, NEW YORK, AT A MAXIMUM ESTIMATED COST OF $700,000, AND AUTHORIZING THE ISSUANCE OF NOT EXCEEDING $400,000 BONDS AND THE EXPENDITURE OF $300,000 AVAILABLE CURRENT FUNDS OF SAID FIRE DISTRICT TO PAY THE COST THEREOF.”, duly adopted by the Board of Commissioners of said Fire District on the 18th day of December, 2017, be approved?
Pursuant to subdivision 4 of Section 179 of the Town Law, every elector of the Town
who shall be a registered vote (registered with the Board of Elections on or before the twenty-third day before the special fire district election) of the Town and who shall have resided in the Fire District for the period of thirty days next preceding the election which is the subject of the notice shall be qualified to vote upon such proposition.
Dated: Germantown, New York
December 18, 2017
BY ORDER OF THE BOARD OF FIRE
COMMISSIONERS OF THE GERMANTOWN
FIRE DISTRICT, COLUMBIA COUNTY, NEW YORK
By: Kerrie M. Abela
Fire District Secretary