ABANDONMENT: Dunn Road ABSTRACTS: GENERAL FUND ...

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four percent (4%) per annum. Payments of such interest shall be
evidenced by notation thereof on said bonds at the time of payment.
The bonds shall be substantially in the form of the proposed bond
which Is attatched hereto and made a part of this Resolution.
SECTION 6. That the Supervisor is hereby delegated
the power to prepare such bonds and to sell such bonds at private
sale at not less than par and accrued Interest, and at such sale to
fix^ the-lnterest to be borne by such bonds within the limitations
set forth in this Resolution. The Supervisor shall deliver such
bond to the Purchaser thereof only against cash or a certified
check. The proceeds of sale of the bond shall be deposited in a
special bank account, as required by § 165.00 of the Local Finance
Law and the powers delegated to the Supervisor by this Resolution
shall be excerclsed in conformity with the provisions of the Local
Finance Law.
SECTION 7. That the faith and credit of the Town of
Boston, Erie County, New York are hereby irrevocably pledged for
the payment fo principal and interest on such bonds 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 bonds becoming due and payable in such year.
There shall annually be levied on all the taxable real property in
such Town, a tax sufficient to pay the principal of and interest on
such bonds as the same shall become due and payable.
SECTION 8.
immediately.
This Resolution shall take effct
The question of the adoption of the foregoing Resolution
was seconded by Councilman Flowers and duly put to a vote on roll
call, subscribed by the members voting in affirmance thereof, which
resulted as follows:
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