The Champion Town Board met in special session on Monday, March 11, 2002 at 5:00pm at the Town Municipal Building. Present were Supervisor Buckley and Councilman Buzzell, Stewart and Watkins. Councilman Peck was absent.

Supervisor Buckley called the meeting to order and introduced a refunding bond resolution to refinance the RUD loan for Water District #4 with the NYS EFC. The following resolution was offered by Mr. Buzzell, seconded by Mr. Stewart, to wit: A Resolution authorizing the refunding of $100,000 in serial bonds issued to the United State Department of Agriculture - Rural Development pursuant to a bond resolution dated January 8, 2001, the construction of a water distribution system to be known as Town of Champion Water District #4 area, and authorizing the issuance of a maximum of $100,000 in refunding bonds to be issued to the New York State Environmental Facilities Corporation to pay the cost thereof. Roll call vote: Supervisor Buckley-aye, Councilman Buzzell-aye, Councilman Stewart-aye, and Councilman Watkins-aye. Resolution adopted.

Motion by Mr. Watkins, seconded by Mr. Buzzell to adjourn. The meeting adjourned at 5:15pm.

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Christina Vargulick

Town Clerk