On motion of TRUSTEE____________, seconded by TRUSTEE _______, the
following resolution was adopted by the Board of Trustees of the Village of Croton-on-Hudson, New York:
WHEREAS, the Village has the opportunity to purchase the land adjacent to its well fields; and
WHEREAS, the acquisition of this property would increase the size of the well fields by approximately 25-30%; and
WHEREAS, the acquisition of this property would provide a greater protection of the Village’s well fields and facilitate the possibility of adding an additional well; and
WHEREAS, Section 223-22-B(1) of the Village Code – Specific Regulations for Zone 1 states that: All land shall be protected and controlled through direct ownership of the land or through the acquisition of protective easements or other appropriate measures by the owner of the water supply in order to prevent pollution of the ground or groundwater;” and
WHEREAS, the value of the property has been determined to be $950,000 to be funded by the Water Fund as follows: $95,000 from the Fund Balance Account and the balance of $855,000 from borrowed funds, and
WHEREAS, the $855,000 Bond issue will be paid in its entirety by the Water Fund within the stipulated time allowed by the Municipal Finance Law,
NOW, THEREFORE BE IT RESOLVED: that the Village Manager is authorized to sign the contract for the acquisition of the property with parcel numbers 68.14-5-001 and 68.14-5-002.
September 13, 2004
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