Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Debt Financing topic
No spam. Unsubscribe anytime.
Stratford board authorizes up to $300,000 in bonds for new snow plow truck
Summary
The Stratford Town Board on Dec. 12 approved Resolution #50-2024 authorizing up to $300,000 in serial bonds to buy a 2025-model snow plow truck and related equipment; the town declared the project a Type II action under SEQR and delegated bond details to the Supervisor.
Get email alerts on the Debt Financing topic
No spam. Unsubscribe anytime.
The Stratford Town Board voted to authorize up to $300,000 in serial bonds to purchase a 2025-model snow plow truck and related equipment, adopting Resolution #50-2024 on Dec. 12, 2024. The resolution expressly states the maximum cost shall not exceed $300,000.00 and delegates the details of issuance and sale of the bonds to the Town Supervisor.
The resolution includes a declaration that the Snow Plow Equipment Project is a Type II action under the State Environmental Quality Review Act (SEQR), meaning no further SEQR review was required. The board approved the measure on a 4–0 roll call vote (Todd Vedder absent). The resolution also states the town's faith and credit are pledged for payment of principal and interest and authorizes temporary use of available funds pending bond issuance.
