Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Public Safety topic
No spam. Unsubscribe anytime.
Catskill trustees approve $830,000 bond to buy new fire pumper
Summary
The Village of Catskill Board of Trustees adopted Resolution No. 2 of 2025 authorizing up to $830,000 in bond financing to purchase a 2025 KME K180 side-mount pumper for the Catskill Fire Department; the measure passed 3–0 with two trustees absent.
The Village of Catskill Board of Trustees on Jan. 22 adopted a bond resolution authorizing up to $830,000 to purchase a 2025 KME K180 side-mount pumper for the Catskill Fire Department and to finance the purchase through the issuance of serial bonds or a statutory installment bond.
Vice President Natasha Law introduced the resolution and Trustee Daniel Ward seconded; the measure passed with Trustees Natasha Law, Daniel Ward and Jamie Mitchell voting aye. President Joseph Kozloski and Trustee Jeff Workman were recorded as absent.
The resolution (Resolution No. 2 of 2025) estimates the aggregate cost at $830,000, authorizes the appropriation of that amount, and approves issuance of indebtedness to finance the purchase. The text of the adopted bond resolution specifies a 20-year period of probable usefulness, authorizes temporary use of available Village funds (with intent to reimburse from bond proceeds), and contemplates levying a tax on all real property within the Village to pay principal and interest as they become due.
The resolution delegates to the Village Treasurer the authority to determine bond structure (including whether to issue bonds with substantially level or declining annual debt service), to advertise and conduct the sale, and to award the bonds consistent with applicable New York Local Finance Law provisions. It also states that costs associated with issuing the bonds (bond counsel, financial advisors, engineers, etc.) may be paid from the bond proceeds to the extent permitted by law.
According to the resolution language adopted by the trustees, any bonds issued would be general obligations of the Village payable from a general tax levy and would include the statutory recital of validity. The resolution is subject to permissive referendum where required and directs publication of the resolution or a summary in the Village’s designated official newspapers.
The board did not include extended discussion or public comment during the hearing on the purchase; the public hearing opened and closed with no speakers recorded.
