Tag: equipment reserve account

NOTICE OF ADOPTION OF RESOLUTION SUBJECT TO PERMISSIVE REFERENDUM

NOTICE IS HEREBY GIVEN that at a meeting held on the 10^th day of November, 2014, the Village Board of the Village of Hudson Falls, Washington County, Hudson Falls, New York, duly adopted the following resolution, which resolution is subject to a permissive referendum pursuant to the Local Finance Law, General Municipal Law and Article 9 of the Village Law of the State of New York:

 Upon motion made by Trustee Cook, seconded by Trustee Horrigan and carried

WHEREAS, the Board of Trustees of the Village of Hudson Falls has established an equipment reserve account for the purpose of purchasing equipment for the department of public works; and

WHEREAS, the balance of the equipment reserve account is presently Two Hundred Eighty-Seven Thousand Six Hundred Seventeen Dollars and 71/100 ($287,617.71), and

WHEREAS, upon recommendation of Michael Fiorillo, Superintendent of Public Works for the Village of Hudson Falls Department of Public Works, the Board of Trustees desires to allocate a sum not to exceed $14,000 from the equipment reserve account for the acquisition and delivery of a 1991 Diamond Reo Dump Truck with Sander and Four-Way Plow for use by the Village of Hudson Falls Fire Department of Public Works; and

WHEREAS, the allocation of $14,000 from the equipment reserve account for the acquisition and delivery of the aforesaid vehicle is subject to a permissive referendum,

NOW, THEREFORE, BE IT RESOLVED, that the Board of Trustees hereby authorizes and allocates the sum of $14,000 from the equipment reserve account for the sole and express purpose of purchasing and acquiring a 1991 Diamond Reo Dump Truck with Sander and Four-Way Plow for use by the Village of Hudson Falls Department of Public Works; and be it further

RESOLVED, that this resolution is subject to a permissive referendum as provided by law.