LEGAL NOTICE OF ESTOPPEL
The bond resolution, a summary of which is published herewith, has been adopted on January 5, 2023, and the validity of the obligations authorized by such resolution may be hereafter contested only if such obligations were authorized for an object or purpose for which the Town of Schroon, Essex County, New York, is not authorized to expend money, or if the provisions of law which should have been complied with as of the date of publication of this notice were not substantially complied with, and an action, suit or proceeding contesting such validity is commenced within twenty days after the date of publication of this notice, or such obligations were authorized in violation of the provisions of the Constitution.
A complete copy of the resolution summarized herewith is available for public inspection during regular business hours at the Office of the Town Clerk for a period of twenty days from the date of publication of this Notice.
Dated: Schroon, New York,
January 5, 2023.
/s/ Patricia J. Savarie
BOND RESOLUTION DATED JANUARY 5, 2023.
A RESOLUTION AUTHORIZING THE ISSUANCE OF AN ADDITIONAL $1,020,000 BONDS OF THE TOWN OF SCHROON, ESSEX COUNTY, NEW YORK, TO PAY PART OF THE COST OF THE INCREASE AND IMPROVEMENT OF THE FACILITIES OF SEWER DISTRICT NO. 1 IN AND FOR SAID TOWN.
Specific object or purpose: Increase and improvement of the facilities of Sewer District No. 1 (replacement of sanitary sewer mains.)
Period of probable usefulness: 40 years
Previously authorized obligations: $480,000 bonds
Amount of obligations to be issued: Additional $1,020,000 bonds
New maximum estimated cost: $1,500,000
SEQRA status: Type II Action. 6 NYCRR Part 617.5 (c) (2) SEQRA compliance materials on file in office of Town Clerk and may be inspected during regular office hours, upon appointment.
Town of Schroon
Town Clerk and Tax Collector
PO Box 578
Schroon Lake, NY 12870