RESOLUTION NO. 189
SUPPLEMENTAL BOND RESOLUTION OF THE COUNTY OF ALBANY, NEW YORK, DATED MAY 11, 2026, STATING THE ESTIMATED MAXIMUM COST OF INFORMATION TECHNOLOGY INFRASTRUCTURE UPGRADES AT NEW COUNTY FACILITIES IS $2,000,000, APPROPRIATING AN ADDITIONAL $1,500,000 FOR SAID PROJECT, AND AUTHORIZING THE ISSUANCE OF $1,500,000 BONDS OF SAID COUNTY TO FINANCE SAID ADDITIONAL APPROPRIATION
Introduced: 5/11/26
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 information technology infrastructure upgrades at new County facilities, as further described in Resolution 530 of 2025 and in the County's 2027-2031 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 $2,000,000. The County hereby appropriates an additional $1,500,000 for said project, which is in addition to the $500,000 heretofore appropriated for said project pursuant to Resolution 530 of 2025 ($500,000). The plan of financing is described as follows: (a) the issuance of an aggregate amount not to exceed $2,000,000 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 the cost thereof, (b) the receipt of various federal and state grants, and/or (c), subject to the discretion of the County, the application of moneys from the County's General Fund or such other moneys of the County that may be available to pay the costs thereof. In the event that such grants or other moneys become available, the County will issue obligations in a principal amount less than th...
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