Town of Waterford, NY

65 Broad St.
Waterford, NY 12188

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Current Announcements as of  6/25/2019

Special Events, Announcements and New Web Features:

The Town of Waterford's 2016 Comprehensive Plan is available for review. Please note the adobe pdf file is large and takes time to download. Click on the following link to access: 

A new link has been added to the Town of Waterford's website that allows access to the Town's Online Tax Search System.  If you would like to find your Town Tax Bill online, please go to http://egov.basgov.com/Waterford/

Press Releases:

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Special Needs Registry

A Special Needs Registry is being established for the residents of the Village and Town of Waterford. The purpose of the Special Needs Registry is to make Emergency Service personnel aware of residents with special needs in the event of an emergency. Residents with Special Needs are asked to download a

on the Town website and submit it to the Town of Waterford Police Department.

Employment Opportunities Available:

Following is a list of Employment Opportunities in the Town of Waterford   

6/25/2019    Waterford Waterworks Looking for Assistant Bookkeeper 

The Waterford Waterworks is looking for an Assistant Bookkeeper. Click here for Details.

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Local Laws, Propositions, Public Meetings, Public Notices and Hearings:

PUBLIC NOTICE:  TOWN OF WATERFORD - Bond Resolution for Improvements to Saratoga Avenue

NOTICE IS GIVEN, that the Town Board (the “Town Board”) of the Town of Waterford, Saratoga County, New York (the “Town”), at a regular meeting held on June 4, 2019, duly adopted, subject to a permissive referendum, a resolution, an abstract of which is as follows:  

In accordance with Article 7 of the New York State Town Law, such bond resolution will take effect thirty (30) days after the date of its adoption, unless prior to the close of such thirty-day period there is filed with the Town Clerk a petition, subscribed and acknowledged by that number of electors of the Town qualified to vote upon a proposition to raise or expend money equal to at least five percent (5%) of the total vote cast for governor in the Town in the last general election for state officers, but which number of electors shall not be less than 100, protesting against such resolution and requesting that it be submitted for approval or disapproval by the qualified electors of the Town. If such a qualifying petition is filed, a proposition for approval of the resolution shall be submitted at a general or special Town election in accordance with Article 7 of Town Law.  

Such Resolution was entitled:  

BOND RESOLUTION OF THE TOWN BOARD OF THE TOWN OF WATERFORD, SARATOGA COUNTY, NEW YORK (THE “TOWN”), AUTHORIZING THE MOHAWK GATEWAY STREETSCAPE PROJECT ALONG SARATOGA AVENUE WITHIN THE TOWN; STATING THE MAXIMUM ESTIMATED COST THEREOF IS $840,000; APPROPRIATING SAID AMOUNT THEREFOR; AND AUTHORIZING THE ISSUANCE OF UP TO $840,000 IN SERIAL BONDS OF THE TOWN TO FINANCE SAID APPROPRIATION  

an abstract of such bond resolution, concisely stating the purpose and effect thereof, being as follows:

 

  1. The resolution authorized to Town to undertake the construction and installation of ornamental street lighting along Saratoga Avenue between Clinton Street and Fulton Street within the Town including the acquisition and installation of lighting, signage, street furnishings, landscaping, benches, bike racks, trash receptacles and crosswalks. It was determined that the maximum estimated cost of the aforementioned specific object or purpose is $840,000, said amount was appropriated therefore and the plan for the financing thereof shall consist of (i) the issuance of up to $840,000 in serial bonds of the Town authorized to be issued pursuant to Section 2 of the resolution or bond anticipation notes issued in anticipation of such bonds, (ii) the partial repayment of such bonds or bond anticipation notes with, and/or the direct expenditure on Project costs of the proceeds of the following grants expected to be received by the Town with respect to the Project: a $370,000 matching grant from the New York State Department of State, and a $100,000 multi-modal grant from the New York State Department of Transportation, and (iii) unless paid from other sources, the levy and collection of taxes on all taxable real property of the Town to pay the principal of such bonds or notes and the interest thereon as the same become due and payable.

 

  1. 2. Serial bonds of the Town (including, without limitation, statutory installment bonds) in the principal amount of $840,000 were authorized to be issued pursuant to the provisions of the Local Finance Law, constituting Chapter 33-a of the Consolidated Laws of the State of New York (the “Law”) to finance said appropriation.

 

  1. It was determined that the period of probable usefulness of the aforementioned specific objects or purposes is ten (10) years, pursuant to subdivisions 5., 20., 24., 35. and 90. of paragraph a. of Section 11.00 of the Law.

 

  1. The temporary use of available funds of the Town, not immediately required for the purpose or purposes for which the same were borrowed, raised or otherwise created, is authorized pursuant to Section 165.10 of the Law, for the capital purposes described in the resolution. The Town shall reimburse such expenditures with the proceeds of the bonds or bond anticipation notes authorized by Section 1 of the resolution. The resolution shall constitute a declaration of “official intent” to reimburse the expenditures authorized by the resolution with the proceeds of the bonds and bond anticipation notes authorized herein, as required by United States Treasury Regulations Section 1.150-2.

 

  1. The final maturity of the bonds herein authorized to be issued shall be in excess of five (5) years measured from the date of issuance of the first serial bond or bond anticipation note issued pursuant to the resolution.

 

  1. Each of the serial bonds authorized by the resolution and any bond anticipation notes issued in anticipation of said bonds shall contain the recital of validity prescribed by Section 52.00 of the Law and said serial bonds and any bond anticipation notes issued in anticipation of said bonds shall be general obligations of the Town, payable as to both principal and interest by a general tax upon all the real property within the Town subject to applicable statutory limits, if any. The faith and credit of the Town are irrevocably pledged to the punctual payment of the principal and interest on said serial bonds and bond anticipation notes and provisions shall be made annually in the budget of the Town by appropriation for (a) the amortization and redemption of the bonds and bond anticipation notes to mature in such year and (b) the payment of interest to be due and payable in such year.

 

  1. The Town Board delegated to the Town Supervisor of the Town the powers and duties of the Town Board relative to authorizing the issuance of said bonds, and any bond anticipation notes including renewals thereof, issued in anticipation of said bonds and prescribing the terms, form and content thereof.

 

  1. The Town Supervisor was further authorized to take such actions and execute such documents as may be necessary to ensure the continued status of the interest on the bonds authorized by the resolution and any notes issued in anticipation thereof, as excludable from gross income for federal income tax purposes pursuant to Section 103 of the Internal Revenue Code of 1986, as amended (the “Code”) and to designate the bonds authorized by the resolution and any notes issued in anticipation thereof, if applicable, as “qualified tax-exempt bonds” in accordance with Section 265(b)(3)(B)(i) of the Code.

 

  1. The Town Supervisor was further authorized to enter into a continuing disclosure undertaking with or for the benefit of the initial purchasers of the bonds or notes authorized by the resolution in compliance with the provisions of Rule 15c2-12, promulgated by the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934.

 

  1. The bond resolution was determined to be subject to permissive referendum.

 

BY ORDER OF THE TOWN BOARD OF THE TOWN OF WATERFORD, SARATOGA COUNTY, NEW YORK.

 

Dated: June 4, 2019

 

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PUBLIC NOTICE       TOWN OF WATERFORD  Bond Resolution for MOHAWK GATEWAY STREETSCAPE PROJECT  

NOTICE IS GIVEN, that the Town Board (the “Town Board”) of the Town of Waterford, Saratoga County, New York (the “Town”), at a regular meeting held on June 4, 2019, duly adopted, subject to a permissive referendum, a resolution, an abstract of which is as follows: 

In accordance with Article 7 of the New York State Town Law, such bond resolution will take effect thirty (30) days after the date of its adoption, unless prior to the close of such thirty-day period there is filed with the Town Clerk a petition, subscribed and acknowledged by that number of electors of the Town qualified to vote upon a proposition to raise or expend money equal to at least five percent (5%) of the total vote cast for governor in the Town in the last general election for state officers, but which number of electors shall not be less than 100, protesting against such resolution and requesting that it be submitted for approval or disapproval by the qualified electors of the Town. If such a qualifying petition is filed, a proposition for approval of the resolution shall be submitted at a general or special Town election in accordance with Article 7 of Town Law.

 Such Resolution was entitled:

BOND RESOLUTION OF THE TOWN BOARD OF THE TOWN OF WATERFORD, SARATOGA COUNTY, NEW YORK (THE “TOWN”), AUTHORIZING THE MOHAWK GATEWAY STREETSCAPE PROJECT ALONG SARATOGA AVENUE WITHIN THE TOWN; STATING THE MAXIMUM ESTIMATED COST THEREOF IS $840,000; APPROPRIATING SAID AMOUNT THEREFOR; AND AUTHORIZING THE ISSUANCE OF UP TO $840,000 IN SERIAL BONDS OF THE TOWN TO FINANCE SAID APPROPRIATION

 

an abstract of such bond resolution, concisely stating the purpose and effect thereof, being as follows:

 

  1. The resolution authorized to Town to undertake the construction and installation of ornamental street lighting along Saratoga Avenue between Clinton Street and Fulton Street within the Town including the acquisition and installation of lighting, signage, street furnishings, landscaping, benches, bike racks, trash receptacles and crosswalks. It was determined that the maximum estimated cost of the aforementioned specific object or purpose is $840,000, said amount was appropriated therefore and the plan for the financing thereof shall consist of (i) the issuance of up to $840,000 in serial bonds of the Town authorized to be issued pursuant to Section 2 of the resolution or bond anticipation notes issued in anticipation of such bonds, (ii) the partial repayment of such bonds or bond anticipation notes with, and/or the direct expenditure on Project costs of the proceeds of the following grants expected to be received by the Town with respect to the Project: a $370,000 matching grant from the New York State Department of State, and a $100,000 multi-modal grant from the New York State Department of Transportation, and (iii) unless paid from other sources, the levy and collection of taxes on all taxable real property of the Town to pay the principal of such bonds or notes and the interest thereon as the same become due and payable.

 

  1. 2. Serial bonds of the Town (including, without limitation, statutory installment bonds) in the principal amount of $840,000 were authorized to be issued pursuant to the provisions of the Local Finance Law, constituting Chapter 33-a of the Consolidated Laws of the State of New York (the “Law”) to finance said appropriation.

 

  1. It was determined that the period of probable usefulness of the aforementioned specific objects or purposes is ten (10) years, pursuant to subdivisions 5., 20., 24., 35. and 90. of paragraph a. of Section 11.00 of the Law.

 

  1. The temporary use of available funds of the Town, not immediately required for the purpose or purposes for which the same were borrowed, raised or otherwise created, is authorized pursuant to Section 165.10 of the Law, for the capital purposes described in the resolution. The Town shall reimburse such expenditures with the proceeds of the bonds or bond anticipation notes authorized by Section 1 of the resolution. The resolution shall constitute a declaration of “official intent” to reimburse the expenditures authorized by the resolution with the proceeds of the bonds and bond anticipation notes authorized herein, as required by United States Treasury Regulations Section 1.150-2.

 

  1. The final maturity of the bonds herein authorized to be issued shall be in excess of five (5) years measured from the date of issuance of the first serial bond or bond anticipation note issued pursuant to the resolution.

 

  1. Each of the serial bonds authorized by the resolution and any bond anticipation notes issued in anticipation of said bonds shall contain the recital of validity prescribed by Section 52.00 of the Law and said serial bonds and any bond anticipation notes issued in anticipation of said bonds shall be general obligations of the Town, payable as to both principal and interest by a general tax upon all the real property within the Town subject to applicable statutory limits, if any. The faith and credit of the Town are irrevocably pledged to the punctual payment of the principal and interest on said serial bonds and bond anticipation notes and provisions shall be made annually in the budget of the Town by appropriation for (a) the amortization and redemption of the bonds and bond anticipation notes to mature in such year and (b) the payment of interest to be due and payable in such year.

 

  1. The Town Board delegated to the Town Supervisor of the Town the powers and duties of the Town Board relative to authorizing the issuance of said bonds, and any bond anticipation notes including renewals thereof, issued in anticipation of said bonds and prescribing the terms, form and content thereof.

 

  1. The Town Supervisor was further authorized to take such actions and execute such documents as may be necessary to ensure the continued status of the interest on the bonds authorized by the resolution and any notes issued in anticipation thereof, as excludable from gross income for federal income tax purposes pursuant to Section 103 of the Internal Revenue Code of 1986, as amended (the “Code”) and to designate the bonds authorized by the resolution and any notes issued in anticipation thereof, if applicable, as “qualified tax-exempt bonds” in accordance with Section 265(b)(3)(B)(i) of the Code.

 

  1. The Town Supervisor was further authorized to enter into a continuing disclosure undertaking with or for the benefit of the initial purchasers of the bonds or notes authorized by the resolution in compliance with the provisions of Rule 15c2-12, promulgated by the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934.

 

  1. The bond resolution was determined to be subject to permissive referendum.

 

BY ORDER OF THE TOWN BOARD OF THE TOWN OF WATERFORD, SARATOGA COUNTY, NEW YORK.

 

Dated: June 4, 2019

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PUBLIC NOTICE       TOWN OF WATERFORD  Add Additional Stop Intersections  

NOTICE IS HEREBY GIVEN, that the Town Board of the Town of Waterford, Saratoga County, New York, adopted on the 4 th day of June, 2019 a local law entitled "A local law regulating stop intersections in the Town of Waterford". The law seeks to add additional stop intersections in the Town of Waterford. A copy can be obtained from the Town Clerk or viewed on the Town website.
By Order of the Town Board of the Town of Waterford, N.Y.

DATED:  June 5, 2019

Town Clerk
Town of Waterford