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Assembly Bill A4784

2009-2010 Legislative Session

Provides for the abolishment of the Monroe county water authority; repealer

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Archive: Last Bill Status - In Assembly Committee

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2009-A4784 (ACTIVE) - Details

Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Public Authorities Law
Laws Affected:
Rpld Art 5 Title 5, Pub Auth L
Versions Introduced in 2011-2012 Legislative Session:
A3085

2009-A4784 (ACTIVE) - Summary

Provides for the abolishment of the Monroe county water authority.

2009-A4784 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  4784

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            February 6, 2009
                               ___________

Introduced  by  M. of A. MORELLE, GANTT -- read once and referred to the
  Committee on Corporations, Authorities and Commissions

AN ACT authorizing the abolishment of the Monroe county water authority;
  and to repeal title 5 of article  5  of  the  public  authorities  law
  relating thereto

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. 1. The Monroe county water authority,  created  by  section
1095  of  the  public  authorities law is abolished.   The Monroe county
department of finance shall maintain the operation of the authority  for
the  sole  purpose  of  paying down its outstanding debt, and shall only
operate the authority until such time as its outstanding debt is reduced
to zero. Upon such occurrence, any remaining aspects  of  the  authority
shall immediately cease its operation and be abolished.
  2.  Any  property of the authority shall automatically become property
of Monroe county and shall be  managed  and  controlled  by  the  county
department  of environmental services upon the abolition of the authori-
ty.
  3. a. The authority shall not incur any new debt or enter into any new
contracts during the period of operation from the  date  that  this  act
becomes  a  law to the date the authority becomes abolished.  The Monroe
county department of finance may appoint one or more persons to act as a
receiver on behalf of the authority. Such person  or  persons  shall  be
responsible  for collecting any fees due to the authority and making any
required payments until such time as the outstanding debt of the author-
ity has been reduced to zero.
  b. The Monroe county department of finance, on behalf of the  authori-
ty, may enter into such agreements as are necessary to dispense with any
existing  contracts  of the authority. Such agreements may authorize the
authority to pay a lump sum in consideration for  the  immediate  termi-
nation  of  the contract. Any such agreement shall be financially viable

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08481-01-9
              

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