1990-06-13 - Laserfiche WebLink

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Regula~ meeting of the Village Board of T~:uatees was held on ~ednesdgyt June 13, 1990 at 7:30 P.No in the Village Nail. Present: Nayor llemingway~ Tro Fisch, Tro Napoleon, 'fr. Buckley~ Tr, Boeing, Tr. Kolb, Tr. Cost~llot Arty. ¥iglottt & Treasurer ~stersono Mayor aemingway requested a moment of silent prayer be obgerved in memory of Sva Kehoe, w£fe of Park Custodian, Matt Kehow~ who recently Ninutes: Minute's of a Public #g. and the ~egular Village Board meeting held 5-9-90 and a special meeting held 5-2~-gO had been duplicated and previously presented to Board me~bers. Motion by Tr. Fisch, seconded by Tr. Napoleon that the above minutes be accepted u written. Carried. ~e~nlutior~s: Sale of Route 9 proper,t~= Atty. Viglotti stated we didn't technically need a resolution but it would be beneficial. Tr. Fisch reported he contacted realtor and they have perspective buyer. Notion by Tr. Fisch~ seconded by Tr. Bov~no that we authorize the sale of Village owned property on Rte. 9, at a fair market value, as the Village has no municipal ~se for sue. Carried. T~o Mapoleon (nay) ~erial Bond resolution~ Atty. Viglotti reported that on 7-6-90, we have approximately $2,000,000. in Bond Anticipation Notes falling due. Me stated these notes were used to finance Village's share in Tri- M~nicipal construction costs and have been renewed from year to year. Atty. Viglotti reported sale of bonds for any project cannot be deferred for more than 5 years sifter the tt~ue of issuance of the first note according to the Local Finance Law. ~e reported ~illkie Fart & Gallagher, who have acted as bondin~ consultants to the Village from the inception of this project has prepared the necesso.Ty resolution autho~izin~ the sale of serial bonds for the remaining principal balance of $1,920,OOO. and sealed proposals for the purchase of ss~e will be opened on 7-21-90 and sold to the lowest bidder.