Referred to: The Ways and Means Committee (Chairman Gerentine and Legislators

Allen, Bartels, Belfiglio, Briggs, Maio, and Maloney)

Chairman of the Public Works and Capital Projects Committee, Dean J. Fabiano, and

Deputy Chairman Peter M. Loughran offer the following:

WHEREAS, by Resolution No. 29 dated and duly adopted on the date hereof,

the County Legislature of the County of Ulster, New York has established Capital

Project No. 460 for the Department of Public Works (Central Auto); and

WHEREAS, the capital project hereinafter described, as proposed, has been

determined to be a Type II Action pursuant to the regulations of the New York State

Department of Environmental Conservation promulgated pursuant to the State

Environmental Quality Review Act, which regulations state that Type II Actions will

not have a significant effect on the environment; and

WHEREAS, it is now desired to authorize the financing of such capital

project; now, therefore be it

RESOLVED, by the affirmative vote of not less than two-thirds of the total

voting strength of the County Legislature of the County of Ulster, New York, as

follows:

Section 1. The following are hereby authorized in and for the County of Ulster,

New York:

a) (1) The purchase of cargo vans and pick-up trucks for maintenance

purposes, for said County, each item of which costs $30,000.00 or over, including

incidental equipment and expenses in connection therewith, at a maximum estimated

cost of $175,000.00 being a class of objects or purposes having a period of probable

usefulness of fifteen years, pursuant to subdivision 28 of paragraph a of Section

11.00 of the Local Finance Law;

(2) The purchase of cargo/passenger vans, for said County, each item of

which costs more than $15,000.00 but less than $30,000.00, including incidental

equipment and expenses in connection therewith, at a maximum estimated cost of

$104,000.00, being a class of objects or purposes having a period of probable

usefulness of ten years, pursuant to subdivision 28 of paragraph a of Section 11.00 of

the Local Finance Law;

b) The purchase of police vehicles to replace those in service for at least one

year, including incidental equipment and expenses in connection therewith, at a

maximum estimated cost of $200,000.00, being a class of objects or purposes having

a period of probable usefulness of three years, pursuant to subdivision 77(1st) of

paragraph a of Section 11.00 of the Local Finance Law;

c) The purchase of passenger vehicles for various departments, for said County,

including incidental equipment and expenses in connection therewith, at a maximum

estimated cost of $144,000.00, being a class of objects or purposes having a period of

probable usefulness of three years, pursuant to subdivision 77(1st) of paragraph a of

Section 11.00 of the Local Finance Law; and

d) The purchase of a pick-up truck for maintenance purposes, for said County,

including in

Section 4. Subject to the provisions of the Local Finance Law, the power to

authorize the issuance of and to sell bond anticipation notes in anticipation of the

issuance and sale of the bonds herein authorized, including renewals of such notes, is

hereby delegated to the Commissioner of Finance, the chief fiscal officer. Such notes

shall be of such terms, form and contents, and shall be sold in such manner, as may

be prescribed by said Commissioner of Finance, consistent with the provisions of the

Local Finance Law.

Section 5. All other matters except as provided herein relating to the serial bonds

herein authorized including the date, denominations, maturities and interest payment

dates, within the limitations prescribed herein and the manner of execution of the

same, including the consolidation with other issues, and also the ability to issue serial

bonds with substantially level or declining annual debt service, shall be determined

by the Commissioner of Finance, the chief fiscal officer of such County. Such bonds

shall contain substantially the recital of validity clause provided for in Section 52.00

of the Local Finance Law, and shall otherwise be in such form and contain such

recitals, in addition to those required by Section 51.00 of the Local Finance Law, as

the Commissioner of Finance shall determine consistent with the provisions of the

Local Finance Law.

Section 6. The validity of such bonds and bond anticipation notes may be

contested only if:

1) Such obligations are authorized for an object or purpose for which said

County is not authorized to expend money, or

2) The provisions of law which should be complied with at the date of

publication of this resolution are not substantially complied with,

and an action, suit or proceeding contesting such validity is commenced within

twenty days after the date of such publication, or

3) Such obligations are authorized in violation of the provisions of the

Constitution.

Section 7. This resolution shall constitute a statement of official intent for

purposes of Treasury Regulations Section 1.150 2. Other than as specified in this

resolution, no monies are, or are reasonably expected to be, reserved, allocated on a

long term basis, or otherwise set aside with respect to the permanent funding of the

object or purpose described herein.

Section 8. This resolution, which takes effect immediately, shall be published in

summary form in the official newspaper(s) of such County, together with a notice of

the Clerk of the County Legislature in substantially the form provided in Section

81.00 of the Local Finance Law,

and move its adoption.

ADOPTED BY THE FOLLOWING VOTE:

AYES: 22 NOES: 1

(Noes: Legislator Bartels)

Passed Committee: Ways and Means on January 26, 2016

FINANCIAL IMPACT:

$648,904.00 – SERIAL BONDS – ULSTER COUNTY FUNDS

STATE OF NEW YORK

 ss:

COUNTY OF ULSTER

I, the undersigned Clerk of the Legislature of the County of Ulster, hereby certify that the foregoing resolution is

the original resolution adopted by the Ulster County Legislature on the 26th Day of January in the year Two Thousand and

Sixteen, and said resolution shall remain on file in the office of said clerk.

IN WITNESS WHEREOF, I have hereunto set my hand and seal of the County of Ulster this 29th Day of January

in the year Two Thousand and Sixteen.

|s| Victoria A. Fabella

Victoria A. Fabella, Clerk

Ulster County Legislature

Submitted to the County Executive this Approved by the County Executive this

29th Day of January, 2016. 5

th Day of February, 2016.

|s| Victoria A. Fabella |s| Michael P. Hein

Victoria A. Fabella, Clerk Michael P. Hein, County Executive

Ulster County Legislature