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Highway Expenditure to Permissive Referendum

NOTICE IS HEREBY GIVEN that at a regular meeting held on the 12th day of March, 2024, the Town Board of the Town of Ulysses, New York duly adopted Resolution # 64 of 2024 (see below), which is subject to a permissive referendum pursuant to General Municipal Law section 6-c. The resolution authorizes the Town of Ulysses (“the Town”) to use up to $82,044 from the Town of Ulysses DA233/DA878 Highway Equipment Reserve Fund.

The resolution shall take effect 30 days after adoption, i.e., on April 11, 2024, unless by such date there is filed in the office of the town clerk a petition, signed, and acknowledged or proved, or authenticated by electors of the town qualified to vote upon a proposition to raise and expend money, in number equal to at least five percent of the total vote cast for governor in the Town at the last general election held for the election of state officers, but not be less than 100 in a town of the first class, protesting against the resolution and requesting that it be submitted to the qualified electors of the town, for their approval or disapproval.

By Order of the Town Board,
Carissa Parlato, Town Clerk 3/14/24
 
AUTHORIZING USE OF FUNDS FROM THE TOWN OF ULYSSES DA233/DA878 HIGHWAY EQUIPMENT RESERVE FUND TO PURCHASE LOADER IN 2024
RESOLUTION # 64 OF 2024: 
WHEREAS, the Town Board adopted the 2024 budget for the Town on October 24, 2023 which includes the appropriation of $82,044 from the Capital Equipment Reserve Fund DA878 for the purpose of purchasing highway equipment in 2024; and
WHEREAS, this reserve appropriation is planned and accounted for in the multi-year capital plan updated during budget season; and
WHEREAS, the balance at the end of the 2023 fiscal year in the DA233/DA878 Highway Equipment Reserve Fund will be approximately $132,000; and
WHEREAS, pursuant to General Municipal Law §6-c, an expenditure from a capital equipment reserve fund requires authorization by the Town Board, and such authorization is subject to a permissive referendum; and
WHEREAS, the Town needs to purchase the following highway equipment: Volvo L90H Loader for the net purchase price of $141,431; and
WHEREAS, the purchase of the above-referenced equipment falls within the purposes for which the DA233/DA878 Highway Equipment Reserve Fund was established;
NOW, THEREFORE, BE IT
RESOLVED, that the Ulysses Town Board authorizes the following expenditures from the Town of Ulysses DA233/DA878 Highway Equipment Reserve Fund for the purchase of highway equipment: $82,044 for the Volvo L90H Loader; and be it
FURTHER RESOLVED that, pursuant to General Municipal Law §6-c, this resolution is subject to a permissive referendum; and be it
FURTHER RESOLVED that the Town Clerk will post and publish the following notice of the permissive referendum in accordance to law and provide a copy of such notice to the Town Supervisor.
 
Vote: 5-0
Date Adopted: 3/12/24