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NY A05877
Bill
Status
2/24/2025
Primary Sponsor
Karl Brabenec
Click for details
AI Summary
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Legalizes and ratifies the establishment of Water District No. 14 in the Town of Monroe, Orange County, which has operated as a de-facto water district since 2013 after the town took over the former Orchard Hill Water Company system following a Boil Water Notice
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Authorizes the town to issue bonds or notes up to $577,539 to reimburse the general fund for money spent on water system improvements, including $144,523 in 2013 for a new water well and pump house improvements, and $433,016 in subsequent years for water main replacements and tank rehabilitation
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Validates past procedural violations, including the town's failure to obtain State Comptroller permission before establishing the district and failure to adopt bond resolutions before expenditures as required by local finance law
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Confirms the validity of special assessments previously imposed on properties served by the former Orchard Hill Water Company
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Sets the period of probable usefulness for the improvements at 40 years from 2013 and authorizes bond anticipation notes in advance of the bonds
Legislative Description
Ratifies and confirms the creation of water district number 14 of the town of Monroe, made up of the water system previously owned and operated by Orchard Hill Water Company and which has been owned and operated by the town of Monroe by mandate from the public service commission since 2013; authorizes the issuance of bonds or notes by such town to finance certain inter-fund borrowings by such water district.
Last Action
substituted by s6247a
6/13/2025