LEGAL NOTICE OF ESTOPPEL
The bond resolution, summary of which is published herewith, has been adopted on June 3, 2026, 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 City of Ithaca, Tompkins County, New York, 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.
A complete copy of the resolution summarized herewith is available for public inspection during regular business hours at the Office of the City Clerk for a period of twenty days from the date of publication of this Notice.
/s/Alan Karasin
City Clerk
BOND RESOLUTION DATED JUNE 3, 2026.
A RESOLUTION AUTHORIZING THE ISSUANCE OF AN ADDITIONAL $500,000 BONDS OF THE CITY OF ITHACA, TOMPKINS COUNTY, NEW YORK, TO PAY PART OF THE COSTS OF THE RECONSTRUCTION OF THE CENTRAL SOUTH HILL AND WEST HILL FIRE STATIONS, IN AND FOR SAID CITY.
Class of objects or purposes: Reconstruction of the Central South Hill and West Hill Fire Stations
Period of probable usefulness: 25 years
New maximum estimated cost: $800,000
Obligations previously authorized: $300,000 (1/3/24)
Amount of obligations to be issued
pursuant to this resolution: $500,000 additional bonds
SEQRA status: Type II Action
BOND RESOLUTION DATED JUNE 3, 2026.
A RESOLUTION AUTHORIZING THE ISSUANCE OF AN ADDITIONAL $600,000 BONDS OF THE CITY OF ITHACA, TOMPKINS COUNTY, NEW YORK, TO PAY PART OF THE COSTS OF THE MEADOW STREET SEWER MAIN REPLACEMENT, IN AND FOR SAID CITY.
Specific object or purpose: Meadow Street sewer main replacement
Period of probable usefulness: 40 years
New maximum estimated cost: $1,480,000
Obligations previously authorized: $880,000 (1/4/23)
Amount of obligations to be issued
pursuant to this resolution: $600,000 additional bonds
SEQRA status: Type II Action
BOND RESOLUTION DATED JUNE 3, 2026.
A RESOLUTION AUTHORIZING THE ISSUANCE OF AN ADDITIONAL $600,000 BONDS OF THE CITY OF ITHACA, TOMPKINS COUNTY, NEW YORK, TO PAY PART OF THE COSTS OF THE MEADOW STREET WATER MAIN REPLACEMENT, IN AND FOR SAID CITY.
Specific object or purpose: Meadow Street water main replacement
Period of probable usefulness: 40 years
New maximum estimated cost: $1,520,000
Obligations previously authorized: $920,000 (1/4/23)
Amount of obligations to be issued
pursuant to this resolution: $600,000 additional bonds
SEQRA status: Type II Action
BOND RESOLUTION DATED JUNE 3, 2026.
A RESOLUTION AUTHORIZING THE ISSUANCE OF $851,152 BONDS OF THE CITY OF ITHACA, TOMPKINS COUNTY, NEW YORK, TO PAY THE COST OF UNION FIELD RESTROOM AND STORAGE UPGRADES AND RELATED IMPROVEMENTS IN CASS PARK, IN AND FOR SAID CITY.
Class of objects or purposes: Union Field restroom and storage upgrades at Cass Park and related improvements
Period of probable usefulness: 15 years
Maximum estimated cost: $851,152
Amount of additional obligations to be issued: $851,152 bonds
Planning Bond Resolution: January 3, 2024 for $50,000 amended to full 15 year period of probable usefulness
SEQRA status: Type II Action
Each of such resolutions pledges the full faith and credit of the City to the payment of the obligations authorized to be issued and delegates to the City Controller, the Chief Fiscal Officer, the power to authorize the issuance of and to sell such obligations. Additionally, each of such resolutions contains the estoppel clause provided for by Section 80.00 of the Local Finance Law and authorizes such resolution, after taking effect, to be published in summary form in the official newspaper, together with a notice of the City Clerk, in substantially the form provided in Section 81.00 of the Local Finance Law.
June 8 2026
LNYS0533227