HomeMy WebLinkAbout1932_06_08 Town Board Minutes=T11 -TIG OF TH+ TOGS BOARD
TOWN- OF MAXAR017CK, F. Y.
held June 8th, 1932.
The meeting was called to order by the Supervisor at 5 P. hi.
Present; Supervisor Burton
Sustices Boyd, needs, Ylessersmith
Town Clerk Marvin
The presence was also noted of Counselor Gamble.
Absent; Justice Burbank
The Supervisor stated that the meeting was called for the
purpose of receiving bids for $232,983. Highway Bonds -Series A, 1932
or x;232,983. Certificates of Indebtedness.
The Clerk read the call of the meeting which was unanimously
approved as read.
The Clerk presented affidavits of publication evidencing the
fact that due notice of the sale had been given and the affidavits were
ordered received and placed on file.
Proposals were received pursuant to a resolution of this
Board duly adopted on I'ay 26, 1932, for issues of obligations of the
Town as follows -
For $232,983. Certificates of Indebtedness;
DTOIT77
For $2324983. Highway Bonds -Series A, 1932;
Name of Bidder
IDiorris Mather & Co., Inc.
Batchelder & Co.
Lehman Bros.
V & T Trust Co.
Interest Rate
6
6.%
Amount Bid
$2332910.00
$233,029.60
The Town Clerk moved the adoption of the following resolution
and Justice W_essersmith seconded the motion.
RTSOLtTD, that the $232,983.. Highway Bonds -Series A,
1932, of the Town, the issuance of which has been duly
authorized by resolution of this Board duly adopted on
lfay 2.6th, 1932, shall bear interest at the rate of six
per centum (6n, per annum, and are hereby awarded to
Messrs. Yorris Mather & Co., inc.. at the price bid of
$233,910. and accrued interest at the rate borne by the
bonds from the date of the sale to the date of payment
of the purchase price, less interest on the deposited
check from the date of this resolution to the date of
delivery, said bid, in the unanimous opinion of this
Board, being and the same is hereby determined and
declared to be, in the best interests of the Town.
FURTH_7R R'SOLVIED, that the obligations shall be
executed by the Supervisor and the seal of the Town
shall be impressed on each of said obligations and
attested by the Town Clerk, and if coupons are annexed
to said obligations each of them shall be authenticated
by the facsimile signature of the Supervisor, which
signature is hereby accepted and adopted by this board
for such purpose and the said officials of the Town axe
hereby authorized and directed to execute said bonds, and
the ';gupervisor:is hereby adthorized and directed to
deliver said obligations to the purchasers thereof in
accordance with this resolution.
The foregoing resolution was adopted by the following vote..
Ayes: 5
Noes: None
Upon motion by Justice Messe-rsmith seconded by Justice Leeds
it was upon roll call unanimously
RF'SOLVTD, that Counsel be and he hereby is authorized
to handle all negotiations in connection with concluding
the sale and the printing of the bonds.
Counsel advised the Board that after consultation with the
Westchester County Department of Health he had prepared specifications
and form of contract covering the collection of garbage in the two
Garbage Districts in the Town. The present contracts expire June
30th, 1932.
After discussion it was upon motion by Justice Leeds
seconded by Justice TiTessersmith, unanimously
=OLVFD, that the specifications and form of contract
prepared by Counsel be and they hereby are approved and
that this Board meet on Thursday, June 24th at 4 P. M.
and that Counsel be authorized to attend to the public—
ation of the usual notice to bidders.
A communication dated June 2nd was received from Special
Counselor J. Henry Hsser submitting a surety bond for William H.
Fitzsimmons, Deputy to the Receiver of Taxes in the amount of X25,000..
and the clerk stated this bond bore the approval of T!ir. Fsser.
A claim in the amount of ;125.00 covering the premium for this
bond was receiged from Mr. George YcClelland, Larchmont Lnsurance Agent.
Upon motion by Justice Poyd, seconded by the Clerk, it was upon roll call
unanimously
R7SOL17F'D, that the surety bond of William H. Fitzs:immors,
Deputy to the Receiver of Taxes, in the amount of .,1125,000.
be and it hereby is approved and the claim therefor in the
amount of ..,'125.00 ordered paid.
A claim in the amount of $57.10 was received from Clara ellen
Kayser, Weaver Street, Larchmont, for alleged overpayment of 1930 State,
County, and Town taxes due to an error in assessments. The claim was
ordered referred to Counsel.
At 6 P. TI. the Board unanimously resolved to recess to meet
again at the call of the chair to take up such matters as might properly
come before it.
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Town Clem