Notice of Adoption of Bond Resolution: Fire Truck Purchase

The Village of Canastota Board of Trustees has approved the purchase of a new fire truck to replace two aging vehicles which have come to the end of their useful lives. The existing trucks, a 1998 American LaFrance pumper and a 2008 American LaFrance rescue, were manufactured by a company which no longer exists and for which obtaining replacement parts has become increasingly difficult. The Canastota Fire Department has requested, and the village board has approved, the purchase of a single Spartan Motors rescue/pumper to replace both existing vehicles at a total cost of approximately $1,350,000.

In order to purchase the new truck, the village board has approved a resolution to bond for up to $950,000 over the course of 20 years. Barring delays, the new truck is expected to be delivered in October of 2026. The two American LaFrance vehicles will be sold after the new truck arrives and is put into service.

NOTICE OF ADOPTION OF BOND RESOLUTION

SUBJECT TO PERMISSIVE REFERENDUM

PLEASE TAKE NOTICE that the Board of Trustees of the Village of Canastota, Madison County, New York (the “Village”), at a meeting held on August 5, 2026, adopted a bond resolution, which is subject to a permissive referendum, that authorizes the purchase of a fire truck including apparatus used in connection therewith, at a maximum estimated cost of $1,350,000, and authorizes the issuance of not to exceed $950,000 serial bonds of the Village to pay the costs thereof.  The period of probable usefulness is twenty (20) years and the bonds are payable from amounts to be annually levied on all the taxable real property in the Village.  Pursuant to the New York State Environmental Quality Review Act and the regulations promulgated thereunder (“SEQRA”), the Village has determined that the Project is a Type II Action requiring no further action under SEQRA.

Catherine Williams
Clerk
Village of Canastota
Madison County, New York