1999-08-11 - Laserfiche WebLink

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8-11-99 .A Public Hearing on a proposed local law entitled "Local Law for Flood Damage Prevention in the Village of Wappingers Falls, N.Y." was held on August 11, 1999 at 7:15 P.M. in the American Legion Hall. No one present voiced an opinion for or against said local law. Public hearing closed 7:30 P.M. The regular August meeting of the Mayor and Village Board of Trustees followed said Hearing. Roll call: Present: Mayor Belding, Tr. Juliano, Tr. Cerino, Tr. Lawrence, Tr Davis and Atty. Viglotti. Trustees Hinzmann and Hemin~ay absent due to vacations. AGENDA: ACTION ON PROPOSED LOCAL LAW: Motion by Tr. Lawrence, seconded by Tr. Davis that the proposed local law regarding Flood Prevention Control be enacted, carried. (Text of local law appears in the official Local Law book and will be sent General Code Publishers for insertion in the Village Code) REPORT ON VILLAGE HALL: Tr. Juliano said above subject previously discussed at the workshop session and read a copy of letter sent to the Attorney General's Office from our Village Attorney which says the Village currently rents the building from Community Services who received an EQBA Bond Act grant towards the purchase of the old Post Office. The landlord/owner has agreed to deed building to the Village upon the satisfaction of financial obligations and repayment of debt to the State. He said Community Services also has an outstanding loan other than the grant. Tr. Juliano said we propose to receive grant ($150,000.) on behalf of the Village, satisfy the outstanding debt to Community Services and go on to own building. He said on a 20 year note at 10%, monthly payment would be $995.00. and said if the grant can be transferred and we satisfy the loan, it would be more reasonable than what we are now paying and we would own the building.