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SPECIAL ELECTION OF AUSTERLITZ FIRE DISTRICT No.1
NOTICE IS HEREBY GIVEN that a Special Election of Austerlitz Fire District No.1 (Fire District) will take place on Tuesday March 26, 2024 between the hours of 6:00 p.m. and 9:00 p.m. at the Spencertown Firehouse located at One Memorial Drive Spencertown, NY 12165. Qualified voters of the Fire District may vote concerning Proposition 1, a Resolution approved by the Board of Fire Commissioners subject to mandatory referendum authorizing the issuance of Fire District bonds in an amount not to exceed $900,000.00 for the object and purpose of financing the purchase of fire apparatus and related equipment for the extinguishment and prevention of fires and for other emergency purposes at an estimated maximum cost of $995,000.00. Proposition 1 reads substantially as follows:
PROPOSITION NUMBER 1
A) Authorizing the expenditure of an amount not to exceed nine hundred ninety-five thousand dollars ($995,000.00) for the objects and purposes of purchasing a 1250 GPM Class A Pumper (hereinafter “Apparatus”) together with incidental equipment for use therewith;
B) Authorizing the issuance of serial bonds or statutory installment bonds (collectively “bonds”) of the Fire District at the prevailing rate of interest at the time of closing, in an amount not to exceed nine hundred thousand dollars ($900,000.00) or so much thereof as may be necessary after deducting any federal, state, county, and/or local funds received;
C) pledging the faith and credit of the Fire District for the payment of the principal and interest on said bonds and providing for the annual levy of a tax upon the taxable properties within the Fire District to pay such principal and interest;
D) determining that the period of probable usefulness of said apparatus to be twenty (20) years pursuant to Local Finance Law §11(a)(27);
E) determining the maximum maturity of the bonds to be issued to be for a term not to exceed twenty (20) years;
F) authorizing an expenditure of an amount not to exceed three hundred fifty thousand dollars ($350,000.00) from the Capital Reserve Equipment Purchase Fund pursuant to General Municipal Law §6-g;
G) delegating the Fire District Treasurer the power to authorize and sell bond anticipation notes and to fix the details of and to sell bonds; and
H) containing an estoppel clause and providing for publication of the estoppel notice.
A copy of the full Resolution that is subject to mandatory referendum is available for public inspection from the Fire District Secretary upon request. Persons interested in reviewing the Resolution should contact the Fire District Secretary at the address below to coordinate obtaining a copy of the Resolution.
Only those persons who are residents of Austerlitz Fire District No.1 on or before March 3, 2024 and who are registered to vote with the Columbia County Board of Elections on or before February 25, 2024 shall be eligible to vote in this Special Election.
Tara Pilkington, Secretary February 13, 2024
Austerlitz Fire District No.1
austerlitzfiredistrict [at] gmail.com
Mailing address
PO Box 77
Spencertown, NY 12165