Budget and Capital Committee Members:  P. Penniman, Chair, L. McBean, and M. Robertson.  Excused:  R. Booth and T. Todd

Staff:  S. Wicher, Administrator; J. Wood, County Attorney; D. Squires, Finance Director; I. Stein, Office for the Aging Director; W. Skinner, Public Information Officer, K. Fuller, Recorder

Guest:  S. Griffen, Foodnet

 Mr. Penniman, Chair, called the Budget and Capital Committee to order at 4:05 p.m.; Mr. Winch, Chair, called the Health and Human Services Committee to order at 4:06 p.m.
 

RESOLUTION NO.     - AUTHORIZING THE ISSUANCE OF $330,000 SERIAL BONDS OF THE COUNTY OF TOMPKINS, NEW YORK, TO PAY THE COST OF THE PURCHASE OF A PARCEL OF LAND AND THE BUILDING THEREON LOCATED AT 2422 NORTH TRIPHAMMER ROAD, VILLAGE OF LANSING (KNOWN AS TAX PARCEL  #43.1-1-45), IN THE COUNTY OF TOMPKINS, NEW YORK, FOR USE BY SAID COUNTY IN HOUSING FOODNET, THE COUNTY’S HOME DELIVERED MEAL PROGRAM FOR THE ELDERLY

 MOVED by Ms. Robertson, seconded by Ms. McBean and unanimously approved by voice vote of Budget and Capital Committee members present.  RESOLUTION APPROVED.

 MOVED by Mrs. Schuler, seconded by Ms. Robertson and unanimously approved by voice vote of Health and Human Services Committee members present.  RESOLUTION APPROVED.

WHEREAS, all conditions precedent to the financing of the capital project 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 of such capital project, now therefore be it
RESOLVED, on recommendation of the Health and Human Services and Budget and Capital Committees, That by the Board of Representatives of the County of Tompkins, New York, as follows:
Section 1. For the specific object or purpose of paying the cost of the purchase of a parcel of land and the building thereon located at 2422 North Triphammer Road, Village of Lansing (known as Tax Parcel #43.1-1-45), in the County of Tompkins, New York, for use by said County in housing Foodnet, the County’s home delivered meal program for elderly County residents, including incidental expenses in connection therewith, there is hereby authorized to be issued $330,000 serial bonds of said County of Tompkins, New York, pursuant to the provisions of the Local Finance Law.
Section 2. It is hereby determined that the maximum estimated cost of such specific object or purpose is $330,000, and that the plan for the financing thereof is by the issuance of the $330,000 serial bonds of said County of Tompkins, New York, authorized to be issued pursuant to this bond resolution.
Section 3.  It is hereby determined that the period of probable usefulness of the aforesaid specific object or purpose is twenty years, pursuant to subdivision 11(b) of paragraph a of Section 11.00 of the Local Finance Law.
Section 4. Subject to the provisions of the Local Finance Law, the power to authorize the issuance of and to sell bond anticipation notes in anticipation of the issuance and sale of the bonds herein authorized, including renewals of such notes, is hereby delegated to the County Director of Finance of the County of Tompkins, New York, the chief fiscal officer.  Such notes shall be of such terms, form and  contents, and shall be sold in such manner, as may be prescribed by said County Director of Finance, consistent with the provisions of the Local Finance Law.
Section 5. The faith and credit of said County of Tompkins, New York, are hereby irrevocably pledged for the payment of the principal of and interest on such obligations as the same respectively become due and payable.  An annual appropriation shall be made in each year sufficient to pay the principal of and interest on such obligations becoming due and payable in such year.
Section 6. Such bonds shall be in fully registered form and shall be signed in the name of the County of Tompkins, New York, by the manual or facsimile signature of its County Director of Finance and a facsimile of the corporate seal shall be imprinted or impressed thereon and attested by the manual or facsimile signature of its County Clerk.
Section 7. The powers and duties of advertising such bonds for sale, conducting the sale and awarding the bonds, are hereby delegated to the County Director of Finance of the County of Tompkins, New York, who shall advertise such bonds for sale, conduct the sale, and award the bonds in such manner as he shall deem best for the interests of the County; provided, however, that in the exercise of these delegated powers, he shall comply fully with the provisions of the Local Finance Law and any order or rule of the State Comptroller applicable to the sale of municipal bonds.  The receipt of said County Director of Finance shall be a full acquittance to the purchaser of such bonds, who shall not be obliged to see to the application of the purchase money.
Section 8. All other matters, except as provided herein relating to such bonds, including determining whether to issue such bonds having substantially level or declining annual debt service and all matters related thereto, prescribing whether manual or facsimile signatures shall appear on said bonds, prescribing the method for the recording of ownership of said bonds, appointing the fiscal agent or agents for said bonds, providing for the printing and delivery of said bonds (and if said bonds are to be executed in the name of the County of Tompkins, New York, by the facsimile signature of its County Director of Finance and, providing for the manual countersignature of a fiscal agent or of a designated official of the County), the date, denominations, maturities and interest payment dates, place or places of payment, and also including the consolidation with other issues, shall be determined by its County Director of Finance.  It is hereby determined that it is to the financial advantage of the County not to impose and collect from registered owners of such serial bonds any charges for mailing, shipping and insuring bonds transferred or exchanged by the fiscal agent, and, accordingly, pursuant to paragraph c of Section 70.00 of the Local Finance Law, no such charges shall be so collected by the fiscal agent.  Such bonds shall contain substantially the recital of validity clause provided for in section 52.00 of the Local Finance Law and shall otherwise be in such form and contain such recitals in addition to those required by section 52.00 of the Local Finance Law, as the County Director of Finance of the County of Tompkins shall determine.
Section 9. The validity of such bonds and bond anticipation notes may be contested only if:
1) Such obligations are authorized for an object or purpose for which said County is not authorized to expend money, or
2) The provisions of law which should be complied with at the date of publication of this resolution are not substantially complied with, and an action, suit or proceeding contesting such validity is commenced within twenty days after the date of such publication, or
3) Such obligations are authorized in violation of the provisions of the Constitution.
  Section 10. This resolution shall constitute a statement of official intent for purposes of Treasury Regulations Sections 1.150 ? 2.  Other than as specified in this resolution, no monies are, or are reasonably expected to be, reserved, allocated on a long-term basis, or otherwise set aside with respect to the permanent funding of the object or purpose described herein.
Section 11. This resolution, which takes effect immediately, shall be published in full in the Ithaca Journal, the official newspaper of such County, together with a notice of the Clerk of the Board of Representatives in substantially the form provided in Section 8l.00 of the Local Finance Law.
SEQR ACTION:  TYPE II-20

RESOLUTION NO.   - AUTHORIZING THE COUNTY OF TOMPKINS TO PURCHASE   PROPERTY CURRENTLY USED BY FOODNET AND TO LEASE THE PROPERTY TO FOODNET

 MOVED by Ms. Robertson, seconded by Ms. McBean and unanimously approved by voice vote of Budget and Capital Committee members present.  RESOLUTION APPROVED.

 MOVED by Mrs. Schuler, seconded by Ms. Robertson and unanimously approved by voice vote of Health and Human Services Committee members present.  RESOLUTION APPROVED.

 WHEREAS, Foodnet performs a valuable service for the County, and
 WHEREAS, the County currently supports this service by providing funding to Foodnet which allows Foodnet to make rental payments for its facility on North Triphammer Road in the Village of Lansing, and
 WHEREAS, the cost to the County would be lower if the County purchases the facility, and
WHEREAS, the property has been checked in accordance with the County's land policy and found suitable for County acquisition, now therefore be it
 RESOLVED, on recommendation of the Health and Human Services Committee, That the County Administrator is hereby authorized to purchase the property currently used by Foodnet at 2422 North Triphammer Road in the Village of Lansing, and to enter into an occupancy agreement with Foodnet
 RESOLVED, further, That the County Administrator or his designee is authorized to sign all documents necessary to effect these transactions.
SEQR ACTION:  Unlisted
(Short EAF on file with Clerk)

Respectfully submitted, Karen Fuller, Deputy Clerk