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Town Board Public Hearing: STATUTORY BOND ANTICIPATION NOTE-2022 HIGHWAY TRUCK- September 21, 2022

TOWN OF FORESTPORT

PUBLIC HEARING MINUTES

STATUTORY BOND ANTICIPATION NOTE-2022 HIGHWAY TRUCK

WOODGATE FIRE HALL

12445 State Rt. 28, Woodgate, NY 13494

September 21, 2022 @ 6:15 P.M.

PRESENT: Supervisor Entwistle

                             Councilwoman Kardash

                             Councilwoman Verschneider     

                             Councilman Scouten  

ABSENT:            Councilwoman Abrial                               

RECORDING SECRETARY:  Tracy Terry, Town Clerk

CALL TO ORDER:

The meeting was called to order at 6:15 pm by Supervisor Entwistle.   Supervisor Entwistle read the legal notice aloud.

NOTICE IS HEREBY GIVEN that the Town Board of the Town of Forestport will be holding a Public Hearing on September 21, 2022, at 6:15 PM at the Woodgate Fire Hall, 12445 Route 28, Woodgate, NY. The Public Hearing is being held to review and accept public comments on a Statutory Bond Anticipation Note for a 2022 Highway Truck.

PUBLIC COMMENT:

  • Supervisor Entwistle stated the 5 -year bond is for $200,383.52 at $40,000 a year and 3.5% interest rate. The interest will be $7,013.00 for the first year. This is the first loan in a couple years.

ADJOURNMENT:

A motion was made by Councilwoman Kardash and seconded by Councilwoman Verschneider to adjourn the meeting.                  4 ayes /0 nays /1 absent (Abrial)

There being no further business, the meeting was adjourned at 6:30 pm by Supervisor Entwistle.

Respectfully submitted,

Tracy M. Terry

Forestport Town Clerk

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