Inc. Village of Lake Success

Inc. Village of Lake Success NOTICE The resolution, a summary of which is published herewith, has been adopted on September 11, 2023, and an abstract thereof has been published and posted as required by law and the period of time has elapsed for the submission and filing of a petition for a permissive referendum and a valid petition has not been submitted and filed.  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 Village of Lake Success, in the County of Nassau, 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 the notice, or such obligations were authorized in violation of the provisions of the constitution. PATRICK FARRELL, Village ClerkBOND RESOLUTION OF THE VILLAGE OF LAKE SUCCESS, NEW YORK, ADOPTED SEPTEMBER 11, 2023, AUTHORIZING THE ISSUANCE OF BONDS IN A PRINCIPAL AMOUNT NOT TO EXCEED $3,750,000 TO FINANCE CONSTRUCTION OF VARIOUS RECREATIONAL IMPROVEMENTS TO THE VILLAGE GOLF COURSE AND PARK FACILITIES, STATING THE ESTIMATED MAXIMUM COST THEREOF IS $3,750,000 AND APPROPRIATING SAID AMOUNT FOR SUCH PURPOSE   The object or purpose for which the bonds are authorized is the construction of various recreational improvements to the Village golf course and park facilities, including golf course improvements at the estimated maximum cost of $2,650,000 and park improvements, including tennis court conversions, pool improvements, salt water pool conversion and playground equipment upgrades at the estimated maximum cost of $1,100,000. The maximum amount of obligations authorized to be issued is $3,750,000. The period of probable usefulness is fifteen (15) years. A complete copy of the Bond Resolution summarized above shall be available for public inspection during normal business hours at the office of the Village Clerk, at the Village Hall, 318 Lakeville Road, Lake Success, New York.