RESOLUTION NO. 531
SUPPLEMENTAL BOND RESOLUTION OF THE COUNTY OF ALBANY, NEW YORK, DATED DECEMBER 8, 2025, STATING THE ESTIMATED MAXIMUM COST OF THE "CORE SWITCH, TELEPHONE REPLACEMENT AND DATA CENTER PROJECT" IS $3,495,000, APPROPRIATING AN ADDITIONAL $700,000 FOR SAID PROJECT, AND AUTHORIZING THE ISSUANCE OF $700,000 BONDS OF SAID COUNTY TO FINANCE SAID ADDITIONAL APPROPRIATION
Introduced: 12/8/25
By Audit and Finance Committee:
THE COUNTY LEGISLATURE OF THE COUNTY OF ALBANY, NEW YORK, HEREBY RESOLVES AS FOLLOWS:
Section 1. The County of Albany, New York (the "County") has heretofore authorized the "Core Switch, Telephone Replacement and Data Center Project," as further described in Resolutions 8 of 2023, 156 of 2024 and 282 of 2025 and in the County's 2026-2030 Capital Program, as amended and supplemented (hereinafter referred to as the "Capital Program"). The estimated maximum cost of said specific object or purpose, including preliminary costs and costs incidental thereto and the financing thereof (including the costs relating to the issuance of the obligations authorized by this resolution), is an amount not to exceed $3,495,000. The County hereby appropriates an additional $700,000 for said project, which is in addition to the $2,795,000 heretofore appropriated for said project pursuant to Resolution 8 of 2023 and Resolution 156 of 2024 ($1,250,000) and Resolution 282 of 2025 ($650,000) and a resolution authorizing the use of Federal ARPA funds ($895,000) to pay a part of the cost of the project. The plan of financing is described as follows: (a) the issuance of an aggregate amount not to exceed $2,600,000 of bonds (and bond anticipation notes in anticipation of the issuance of such bonds) in such series and amounts as may be necessary to pay a part of the cost thereof, (b) the receipt of various federal and state grants, (c), subject to the discretion of the County, the application of moneys from the County's General Fund or such othe...
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