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
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.
- 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.
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.
Tracy M. Terry
Forestport Town Clerk