Estoppel notice – bond resolution for wastewater treatment plan improvements

LEGAL NOTICE

ESTOPPEL NOTICE

On September 1, 2022, the Board of Trustees of the Village of Parish, Oswego County, New York (the “Village”) adopted a Bond Resolution, a summary of which is published herewith, 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 Village is not authorized to expend money or 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 (20) days after the date of publication of this notice, or such obligations were authorized in violation of the provisions of the New York State Constitution.

Summary of Bond Resolution

1. Objects of Purposes – the construction of improvements to the Village Wastewater Treatment Plant, including original furnishings, equipment, machinery or apparatus required in connection therewith at a new maximum cost of $4,262,000 of which $1,762,000 is authorized by the Bond Resolution herein summarized.

2. Period of Probable Usefulness – forty (40) years, computed from the date of the first bond anticipation note issued in anticipation of the Bonds or the serial bonds or bond anticipation notes authorized pursuant to the Bond Resolution of the Village adopted by the Board of Trustees of the Village of October 20, 2021 (the “Original Bond Resolution”, whichever date is earlier.

3. Maximum Amount of Obligations to be Issued – the maximum amount of obligations to be issued for the objects or purposes described above is $4,262,000, of which $2,500,000 was previously authorized by the Original Bond Resolution, and is amended and authorized by the Original Bond Resolution adopted September 1, 2022.

The Bond Resolution herein summarized shall be available for public inspection during normal business hours for twenty (20) days following the date of publication of this notice at the office of the Village Clerk of the Village of Parish, Oswego County, New York.

The Bond Resolution was adopted subject to a permissive referendum. The period of time has elapsed for the submission and filing of a petition for a permissive referendum and a valid petition has not been submitted and filed.

Tasia M Engst
Clerk, Village of Parish
Oswego County, New York