RESOLUTION NO. 371
SUPPLEMENTAL BOND RESOLUTION DATED JUNE 10, 2024, A RESOLUTION AMENDING CERTAIN TERMS OF BOND RESOLUTION NO. 304 OF THE COUNTY OF ALBANY, NEW YORK, ADOPTED MAY 13, 2024, AUTHORIZING THE SLUDGE PROCESSING IMPROVEMENTS PROJECT
Date: 6/10/24
By Audit and Finance Committee:
THE COUNTY LEGISLATURE OF THE COUNTY OF ALBANY, NEW YORK, HEREBY RESOLVES AS FOLLOWS:
WHEREAS, On May 13, 2024, the County Legislature of the County of Albany, New York adopted Bond Resolution No. 304 of 2024 entitled:
BOND RESOLUTION OF THE COUNTY OF ALBANY, NEW YORK, AUTHORIZING THE SLUDGE PROCESSING IMPROVEMENTS PROJECT, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $65,000,000, APPROPRIATING SAID AMOUNT THEREFOR, AND AUTHORIZING THE ISSUANCE OF $65,000,000 OF SERIAL BONDS OF SAID COUNTY TO FINANCE SAID APPROPRIATION
(the "Bond Resolution"); and
WHEREAS, The County Legislature desires to amend the Bond Resolution for the purposes of amending the description of the environmental review contained in Section 8 of the Bond Resolution;
NOW, THEREFORE, BE IT RESOLVED, By the County Legislature of the County of Albany, New York, as follows:
SECTION 1. Section 8 of the Bond Resolution is hereby amended to read as follows:
By separate resolution or resolutions, the County has complied with the provisions of the State Environmental Quality Review Act ("SEQRA") with respect to the capital project described in this resolution as follows: the County has issued a negative declaration (or declarations) determining that the capital project described in this resolution will not have a significant effect on the environment.
SECTION 2. The Bond Resolution adopted by the County Legislature on May 13, 2024, as amended by this Supplemental Bond Resolution, shall otherwise remain in full force and effect in accordance with its terms, and is hereby ratified and confirmed.
SECTION 3. This resolution shall...
Click here for full text