TOWN OF NORTH CASTLE, NEW YORK
PLEASE TAKE NOTICE that on December 10, 2025, the Town Board of the Town of North Castle, in the County of Westchester, New York, adopted a bond resolution entitled:
"Bond resolution of the Town of North Castle, New York, adopted December 10, 2025, authorizing the financing of the costs of improvements to the Town Pool located on Greenway Road, stating the total estimated maximum cost thereof is $5,000,000, appropriating said amount for such purpose, and authorizing the issuance of bonds in the principal amount of $5,000,000 to finance said appropriation,"
an abstract of which bond resolution concisely stating the purpose and effect thereof, being as follows:
FIRST: AUTHORIZING said Town is authorized to finance the costs of improvements to the Town Pool located on Greenway Road, including engineering; STATING the estimated maximum cost thereof, including preliminary costs, and costs incidental thereto and the financing thereof, is $5,000,000; APPROPRIATING said amount for such purpose; STATING the plan of financing includes the issuance of $5,000,000 bonds of the Town to finance said appropriation, and the levy of a tax upon all the taxable real property within the Town to pay the principal of said bonds and interest thereon;
SECOND: AUTHORIZING the issuance of bonds in the principal amount of $5,000,000 pursuant to the Local Finance Law of the State of New York to finance said appropriation;
THIRD: DETERMINING and STATING the period of probable usefulness applicable to the purpose for which said bonds are authorized to be issued is fifteen (15) years; the proceeds of said bonds and any bond anticipation notes issued in anticipation thereof may be applied to reimburse the Town for expenditures made after the effective date of this bond resolution for the purpose for which said bonds are authorized; and the proposed maturity of said bonds will exceed five (5) years;
FOURTH: DETERMINING that said bonds and any bond anticipation notes issued in anticipation of said bonds shall be general obligations of the Town; and PLEDGING to their payment the faith and credit of the Town;
FIFTH: DELEGATING to the Supervisor the powers and duties as to the issuance of said bonds and any bond anticipation notes issued in anticipation of said bonds, or the renewals thereof; and
SIXTH: DETERMINING that the bond resolution is subject to a permissive referendum.
DATED: December 10, 2025
Alison Simon
Town Clerk
December 17 2025
LNYS0424007