Bond resolution adopted for bridge construction and replacement in Villenova.
Official Courthouse Record · AI-summarized for clarity
What You Should Do Next
- 1
Review the bond resolution
Visit the Town Clerk's office to inspect the complete bond resolution.
- 2
Contest the resolution if needed
File any contesting action within 20 days of this notice's publication.
- 3
Prepare for potential tax levy
Understand that taxes may be levied in annual installments for the bond repayment.
Frequently Asked Questions
- What is the bond resolution about?
- It authorizes up to $1,750,000 for bridge construction and replacement.
- How long do I have to contest the bond resolution?
- You have 20 days from the publication date to contest the resolution.
- Where can I view the bond resolution?
- A complete copy is available at the Town Clerk's office during business hours.
The above suggestions and answers are AI-generated for informational purposes only. They may contain errors. NoticeRegistry assumes no responsibility for their accuracy. Consult a qualified professional before taking action.
Full Notice Text
Legal Notices The bond resolution, a summary of which is published herewith, has been adopted on the 13th day of March, 2024, and the validity of the obligations authorized by such resolution may be hereafter contested only if such obligations were authorized for an object or purpose for which the Town of Villenova is not authorized to expend money or if the provisions of law which should have been complied with as of the date of publication of this notice were not substantially complied with, and an action, suit or proceeding contesting such validity is commenced within twenty (20) days after the date of publication of this notice, or such obligations were authorized in violation of the provisions of the constitution. A complete copy of the bond resolution summarized herewith is available for public inspection during regular business hours at the Office of the Town Clerk of the Town of Villenova for a period of twenty days from the date of publication of this Notice. Town Clerk BOND RESOLUTION DATED MARCH 13, 2024 OF THE TOWN BOARD OF THE TOWN OF VILLENOVA AUTHORIZING NOT TO EXCEED $1,750,000 AGGREGATE PRINCIPAL AMOUNT OF SERIAL GENERAL OBLIGATION BONDS TO FINANCE THE CONSTRUCTION AND REPLACEMENT OF A BRIDGE LOCATED ON NORTH HILL ROAD OVER CONEWANGO CREEK, AT AN ESTIMATED MAXIMUM COST OF $1,750,000, LEVY OF TAX IN ANNUAL INSTALLMENTS IN PAYMENT THEREOF, THE EXPENDITURE OF SUCH SUM FOR SUCH PURPOSE, AND DETERMINING OTHER MATTERS IN CONNECTION THEREWITH. Class of objects or purposes: Construction and replacement of the current bridge located on North Hill Road over Tributary of West Branch of Conewango Creek within the Town, including preliminary costs thereof and costs incidental thereto. Maximum Estimated Cost: $1,750,000 Period of probable usefulness: Twenty (20) years. The proposed maturity of the Bonds will not exceed five (5) years. Apr 2, 2026