Ordinance authorizes financing for various capital improvements in Elmira.

ORDINANCE NO. 2026-89 AN ORDINANCE AUTHORIZING CERTAIN CAPITAL ITEMS IN AND FOR THE CITY OF ELMIRA, CHEMUNG COUNTY, NEW YORK AT A TOTAL MAXIMUM ESTIMATED COST OF $6,465,029 AND AUTHORIZING THE ISSUANCE OF $3,338,565 BONDS OF SAID CITY TO PAY PART OF THE COSTS THEREOF By Councilmember Wilson: WHEREAS, all conditions precedent to the financing of the capital items hereinafter described, including compliance with the provisions of the State Environmental Quality Review Act, have been performed; and WHEREAS, it is now desired to authorize the financing thereof, NOW, THEREFORE, BE IT, ORDAINED by the affirmative vote of not less than two-thirds of the total voting strength of the Council of the City of Elmira, Chemung County, New York, as follows: Section 1. The following capital expenditures, each including incidental costs and expenses, in for the City of Elmira, Chemung County, New York, are hereby authorized: a) Various park improvements including incidental equipment and expenses at a maximum estimated cost of $110,000, being a class of objects or purposes having a period of probable usefulness of fifteen years pursuant to subdivision 19(c) of paragraph a of Section 11.00 of the Local Finance Law. It is hereby determined that the plan for the financing of such maximum estimated cost shall consist of the issuance of $110,000 serial bonds of the $3,338,565 bonds of said City authorized to be issued pursuant to this bond ordinance; b) Cart path improvements at the Mark Twain Golf Course including incidental expenses at a maximum estimated cost of $20,000, being a specific object or purpose having a period of probable usefulness of fifteen years pursuant to subdivision 54 of paragraph a of Section 11.00 of the Local Finance Law. It is hereby determined that the plan for the financing of such maximum estimated cost shall consist of the issuance of $20,000 serial bonds of the $3,338,565 bonds of said City authorized to be issued pursuant to this bond ordinance; c) Maintenance equipment for use at the Mark Twain Golf Course, at a maximum estimated cost of $70,000, being a class of objects or purposes having a period of probable usefulness of fifteen years, pursuant to subdivision 28 of paragraph a of Section 11.00 of the Local Finance Law. It is hereby determined that the plan for the financing of such maximum estimated cost shall consist of the issuance of $70,000 serial bonds of the $3,338,565 bonds of said City authorized to be issued pursuant to this bond ordinance; d) Road, bridge and underpass improvements including incidental improvements and expenses at a maximum estimated cost of $4,042,464, being a class of objects or purposes having a period of probable usefulness of fifteen years, pursuant to subdivision 91 based on subdivisions 10 and 20 of paragraph a of Section 11.00 of the Local Finance Law. It is hereby determined that the plan for the financing of such maximum estimated cost shall consist of the issuance of $922,500 serial bonds of the $3,338,565 bonds of said City authorized to be issued pursuant to this bond ordinance and the expenditure of $3,119,964 grant and other monies; e) Purchase of certain transportation shops equipment at a maximum estimated cost of $10,000, being a specific object or purpose having a period of probable usefulness of five years, pursuant to subdivision 28 of paragraph a of Section 11.00 of the Local Finance Law. It is hereby determined that the plan for the financing of such maximum estimated cost shall consist of the issuance of $10,000 serial bonds of the $3,338,565 bonds of said City authorized to be issued pursuant to this bond ordinance; f) Traffic signal improvements, being traffic control boxes and controllers, at a maximum estimated cost of $70,000, being a class of objects or purposes having a period of probable usefulness of twenty years, pursuant to subdivision 72(a) of paragraph a of Section 11.00 of the Local Finance Law. It is hereby determined that the plan for the financing of such maximum estimated cost shall consist of the issuance of $70,000 serial bonds of the $3,338,565 bonds of said City authorized to be issued pursuant to this bond ordinance; g) Construction of improvements to buildings including incidental equipment and expenses at a maximum estimated cost of $275,000, being a class of objects or purposes having a period of probable usefulness of twenty-five years, pursuant to subdivision 12(a)(1) of paragraph a of Section 11.00 of the Local Finance Law. It is hereby determined that the plan for the financing of such maximum estimated cost shall consist of the issuance of $275,000 serial bonds of the $3,338,565 bonds of said City authorized to be issued pursuant to this bond ordinance; h) Emergency Services equipment at a maximum estimated cost of $176,315, being a class of objects or purposes having a period of probable usefulness of five years, pursuant to subdivision 32 of paragraph a of Section 11.00 of the Local Finance Law. It is hereby determined that the plan for the financing of such maximum estimated cost shall consist of the issuance of $169,815 serial bonds of the $3,338,565 bonds of said City authorized to be issued pursuant to this bond ordinance and the receipt of $6,500 grants; i) (1) Vehicles for Police Department, and others at a maximum estimated cost of $345,000, being a class of objects or purposes having a period of probable usefulness of three years, pursuant to subdivision 77(1st) of paragraph a of Section 11.00 of the Local Finance Law. It is hereby determined that the plan for the financing of such maximum estimated cost shall consist of the issuance of $345,000 serial bonds of the $3,338,565 bonds of said City authorized to be issued pursuant to this bond ordinance; (2) Specialized equipment vans for Police Department, including original equipment at a maximum estimated cost of $60,000, being a specific object or purpose having a period of probable usefulness of ten years, pursuant to subdivision 32 and 35 of paragraph a of Section 11.00 of the Local Finance Law. It is hereby determined that the plan for the financing of such maximum estimated cost shall consist of the issuance of $60,000 serial bonds of the $3,338,565 bonds of said City authorized to be issued pursuant to this bond ordinance; (3) Pick-up truck for fleet maintenance and related uses at a maximum estimated cost of $60,000, being a specific object or purpose having a period of probable usefulness of fifteen years, pursuant to subdivision 28 of paragraph a of Section 11.00 of the Local Finance Law. It is hereby determined that the plan for the financing of such maximum estimated cost shall consist of the issuance of $60,000 serial bonds of the $3,338,565 bonds of said City authorized to be issued pursuant to this bond ordinance; (4) Specialized vehicle for Animal Control, including original equipment, at a maximum estimated cost of $60,000, being a specific object or purpose having a period of probable usefulness of ten years, pursuant to subdivision 32 and 35 of paragraph a of Section 11.00 of the Local Finance Law. It is hereby determined that the plan for the financing of such maximum estimated cost shall consist of the issuance of $60,000 serial bonds of the $3,338,565 bonds of said City authorized to be issued pursuant to this bond ordinance; j) Fire Department emergency services/fire marshal vehicle at a maximum estimated cost of $50,000, being a specific object or purpose having a period of probable usefulness of twenty years, pursuant to subdivision 27 of paragraph a of Section 11.00 of the Local Finance Law. It is hereby determined that the plan for the financing of such maximum estimated cost shall consist of the issuance of $50,000 serial bonds of the $3,338,565 bonds of said City authorized to be issued pursuant to this bond ordinance; k) Management Info Services equipment at a maximum estimated cost of $76,250, being a class of objects or purposes having a period of probable usefulness of five years, pursuant to subdivision 32 of paragraph a of Section 11.00 of the Local Finance Law. It is hereby determined that the plan for the financing of such maximum estimated cost shall consist of the issuance of $76,250 serial bonds of the $3,338,565 bonds of said City authorized to be issued pursuant to this bond ordinance; l) Woodlawn chapel and supervisor’s residence restoration including incidental improvements and expenses at a maximum estimated cost of $130,000, being a specific object or purpose having a period of probable usefulness of twenty-five years pursuant to subdivision 12(a)(1) of paragraph a of Section 11.00 of the Local Finance Law. It is hereby determined that the plan for the financing of such maximum estimated cost shall consist of the issuance of $130,000 serial bonds of the $3,338,565 bonds of said City authorized to be issued pursuant to this bond ordinance; m) Fleet maintenance equipment, each item of which (1) costs $30,000 or over including inciden