Town Board adopted resolutions for bond issuance for various improvements.

 



LEGAL NOTICE OF ESTOPPEL

NOTICE IS HEREBY GIVEN that the resolutions, summaries of which are published herewith, have been adopted by the Town Board of the Town of Southampton, Suffolk County, New York (the “Town”), on January 27, 2026, and the validity of the obligations authorized by such resolutions may be hereafter contested only if such obligations were authorized for an object or purpose for which said Town 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 days after the date of publication of this notice, or such obligations were authorized in violation of the provisions of the Constitution. Such resolutions were subject to a permissive referendum and the period of time has elapsed for the submission and filing of a petition for a permissive referendum and a valid petition has not been submitted and filed.

A summary of the aforesaid resolutions is set forth below. The resolutions provide as follows: that the faith and credit of the Town are irrevocably pledged for the payment of the principal of and interest on such obligations as the same respectively become due and payable; that an annual appropriation shall be made in each year sufficient to pay the principal of and interest on such obligations becoming due and payable in such year; that the power to authorize the issuance of and to sell bond anticipation notes in anticipation of the issuance and sale of the bonds authorized by such resolutions including renewals of such notes, is delegated to the Town Supervisor; that all other matters, except as provided in such resolutions relating to the bonds authorized, including the date, denominations, maturities and interest payment dates, within the limitations prescribed in such resolutions and the manner of the execution of the same and also including the consolidation with other issues, and the authority to issue such obligations on the basis of substantially level or declining annual debt service, is delegated to and shall be determined by the Town Supervisor; and that this LEGAL NOTICE shall be published.

Summaries of the bond resolutions are as follows:

1. BOND RESOLUTION DATED JANUARY 27, 2026. A RESOLUTION AUTHORIZING THE ISSUANCE OF $4,100,000 BONDS OF THE TOWN OF SOUTHAMPTON, SUFFOLK COUNTY, NEW YORK, TO PAY THE COST OF IMPROVEMENTS TO VARIOUS TOWN PARKS, PLAYGROUNDS AND RECREATIONAL AREAS , IN AND FOR SAID TOWN.The period of probable usefulness of the aforesaid class of objects or purposes is fifteen years pursuant to subdivision nineteen of paragraph a of Section 11.00 of the Local Finance Law.

2. BOND RESOLUTION DATED JANUARY 27, 2026. A RESOLUTION AUTHORIZING THE ISSUANCE OF AN ADDITIONAL $500,000 BONDS OF THE TOWN OF SOUTHAMPTON, SUFFOLK COUNTY, NEW YORK TO PAY A PORTION OF THE $8,650,000 ESTIMATED MAXIMUM COST OF CONSTRUCTION OF A NEW TOWN BUILDING, WHICH IS EXPECTED TO BE USED AS A COMMUNITY/ACTIVITY CENTER AT 393 MILL ROAD IN WESTHAMPTON BEACH, IN AND FOR SAID TOWN.

The period of probable usefulness of the aforesaid specific object or purpose is fifteen years pursuant to subdivision eleven of paragraph a of Section 11.00 of the Local Finance Law .

3. BOND RESOLUTION DATED JANUARY 27, 2026. A RESOLUTION AUTHORIZING THE ISSUANCE OF $925,000 BONDS OF THE TOWN OF SOUTHAMPTON, SUFFOLK COUNTY, NEW YORK, TO PAY THE COST OF Improvements To Various Town-Owned Buildings AND FACILITIES , IN AND FOR SAID TOWN.The period of probable usefulness of the aforesaid class of objects or purposes is ten years pursuant to subdivision ninety of paragraph a of Section 11.00 of the Local Finance Law, as each item in said class has a period of probable usefulness of at least ten years under subdivisions twelve, thirteen or thirty-five.

4. BOND RESOLUTION DATED JANUARY 27, 2026. A RESOLUTION AUTHORIZING THE ISSUANCE OF $800,000 BONDS OF THE TOWN OF SOUTHAMPTON, SUFFOLK COUNTY, NEW YORK, TO PAY THE COST OF THE RECONSTRUCTION AND REPLACEMENT OF EXISTING BULKHEADS CONSTRUCTED OF STEEL, STONE, CONCRETE OR WOOD, IN AND FOR SAID TOWN.The period of probable usefulness of the aforesaid class of objects or purposes is twenty years pursuant to subdivision twenty-two of paragraph a of Section 11.00 of the Local Finance Law.

5. BOND RESOLUTION DATED JANUARY 27, 2026. A RESOLUTION AUTHORIZING THE ISSUANCE OF $1,000,000 BONDS OF THE TOWN OF SOUTHAMPTON, SUFFOLK COUNTY, NEW YORK, TO PAY THE COST OF THE ACQUISITION OF ROAD MAINTENANCE VEHICLES AND RELATED EQUIPMENT, IN AND FOR SAID TOWN.The period of probable usefulness of the aforesaid class of objects or purposes is ten years pursuant to subdivision twenty-eight of paragraph a of Section 11.00 of the Local Finance Law, as each item in said class shall have a cost over $15,000.

6. BOND RESOLUTION DATED JANUARY 27, 2026. A RESOLUTION AUTHORIZING THE ISSUANCE OF $500,000 BONDS OF THE TOWN OF SOUTHAMPTON, SUFFOLK COUNTY, NEW YORK, TO PAY THE COST OF CONSTRUCTION OR RECONSTRUCTION OF VARIOUS TOWN SIDEWALKS, IN AND FOR SAID TOWN.The period of probable usefulness of the aforesaid class of objects or purposes is ten years pursuant to subdivision twenty-four of paragraph a of Section 11.00 of the Local Finance Law.

7. BOND RESOLUTION DATED JANUARY 27, 2026. A RESOLUTION AUTHORIZING THE ISSUANCE OF $2,750,000 BONDS OF THE TOWN OF SOUTHAMPTON, SUFFOLK COUNTY, NEW YORK, TO PAY THE COST OF reconstruction of Town Roads , IN AND FOR SAID TOWN.The period of probable usefulness of the aforesaid class of objects or purposes is fifteen years pursuant to subdivision twenty of paragraph a of Section 11.00 of the Local Finance Law.

8. BOND RESOLUTION DATED JANUARY 27, 2026. A RESOLUTION AUTHORIZING THE ISSUANCE OF $1,000,000 BONDS OF THE TOWN OF SOUTHAMPTON, SUFFOLK COUNTY, NEW YORK, TO PAY THE COST OF The purchase OF equipment AND vehicles for waste management purposes, IN AND FOR SAID TOWN.The period of probable usefulness of the aforesaid class of objects or purposes is ten years pursuant to subdivision six of paragraph a of Section 11.00 of the Local Finance Law.

9. BOND RESOLUTION DATED JANUARY 27, 2026. A RESOLUTION AUTHORIZING THE ISSUANCE OF AN ADDITIONAL $1,000,000 BONDS OF THE TOWN OF SOUTHAMPTON, SUFFOLK COUNTY, NEW YORK, TO PAY A PORTION OF THE $2,400,000 ESTIMATED MAXIMUM COST OF UPGRADES TO THE TOWN-WIDE DAILY AND EMERGENCY RADIO COMMUNICATION SYSTEM, IN AND FOR SAID TOWN.The period of probable usefulness of the aforesaid class of objects or purposes is ten years pursuant to subdivision twenty-five of paragraph a of Section 11.00 of the Local Finance Law.

10. BOND RESOLUTION DATED JANUARY 27, 2026. A RESOLUTION AUTHORIZING THE ISSUANCE OF $700,000 BONDS OF THE TOWN OF SOUTHAMPTON, SUFFOLK COUNTY, NEW YORK, TO PAY THE COST OF THE RENOVATION AND REMODELING OF THE EXISTING TIANA BEACH PAVILION, IN AND FOR SAID TOWN.The period of probable usefulness of the aforesaid class of objects or purposes is fifteen years pursuant to subdivision nineteen of paragraph a of Section 11.00 of the Local Finance Law.

THE FULL TEXT OF THESE BOND RESOLUTIONS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE OFFICE OF THE TOWN CLERK LOCATED AT 116 HAMPTON ROAD, SOUTHAMPTON, NEW YORK 11968, DURING NORMAL BUSINESS HOURS.

BY ORDER OF THE TOWN BOARD

TOWN OF SOUTHAMPTON, NEW YORK

SUNDY A. SCHERMEYER, TOWN CLERK