The Village of Kings Point plans to construct a new village hall one block east of 32 Steppingstone Lane, where the existing village hall stands.

According to Village Attorney Stephen G. Limmer, the board has engaged architect Michael Spector of Kings Point and the Park East Construction Corporation of South Huntington.

Frank Darconte of Park East Construction Corporation said that his company had been hired as construction managers and a contract had been signed for $235,000. Mr. Darconte said that if all goes as planned, they will send out the construction plans for bids in the spring of 1999, and the new village hall would take between nine months and one year to build. The building, he said, will be approximately 14,000 square feet and construction costs, he estimates, would probably run between 3 and 3 1/2 million dollars.

''We've been trying for years to keep the old building,'' Mr. Limmer said. The village, he explained, hired Mr. Spector to do a feasibility study. Mr. Spector found it made more sense to build a new building than to pay to update and repair the existing one.

The existing village hall will be used until the new facility is available, thus avoiding the cost of renting space. The present village hall will be torn down and, it is presently proposed, a parking lot will take its place.

Mr. Limmer said that the feasibility study cost Kings Point approximately $38,000, and so far the village has paid approximately $132,000 for the design concepts and drawings Mr. Spector has submitted.

Mr. Spector's first design concept, which the Kings Point board of trustees ''liked,'' was then shown to the Kings Point Civic Association. The association wanted a more traditional building, and a new design concept was developed with a more traditional approach. The second concept has been accepted by the board of trustees, subject to receiving final cost estimates. The project will be financed by floating bonds, payable over 30 years.

Mr. Limmer said, ''We are trying to finalize the design so that it will meet the present and future needs of the village going into the next century in the most financially prudent manner, and take into account the village residents' concerns for the aesthetic effect the village hall will have on the village.''

A meeting of the Kings Point board of trustees is scheduled for Jan. 28, 8:15 p.m. Mr. Limmer said that it is hoped by then more information on final costs and design will be available. The meeting is open to the public. (It is suggested that those interested in attending confirm the time and date closer to the 28th¬call 482-7872.)