TOWN OF CLAYTON
On February 10, 2021 the Town Board of the Town of Clayton passed a Bond Resolution authorizing the issuance of Serial Bonds or a Statutory Installment Bond not exceeding $3,000,000 to be used for improvements to stabilization of the shoreline that surrounds the north and eastern sides of the Clayton Harbor Hotel in the Village of Clayton, the expenditure of such sum for such purpose, and determining other matters in connection therewith. The period of probable usefulness for such estimated cost pursuant to Local Finance Law Section 11.00(a)(22)(b) is twenty (20) years. A full text of the resolution is available for inspection at the Town of Clayton Offices, 405 Riverside Drive, Clayton, New York, during normal business hours.
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 Town of Clayton 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 of the date of publication of this notice, or such obligations were authorized in violation of the provisions of the Constitution.
Dated: February 12, 2021
Megan Badour, Town Clerk