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.
S T A T E O F N E W Y O R K
________________________________________________________________________
9704
I N A S S E M B L Y
April 3, 2024
___________
Introduced by M. of A. BRABENEC -- read once and referred to the Commit-
tee on Local Governments
AN ACT to ratify and confirm the creation of water district no. 14 of
the town of Monroe and to authorize the issuance of bonds or notes by
the town of Monroe to finance certain inter-fund borrowings by water
district no. 14 from such town's general fund
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Notwithstanding any other provision of law to the contrary,
the establishment of water district number 14 within 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, is
hereby ratified and confirmed. Said water district established pursuant
to this act shall be funded, operated, expanded and otherwise controlled
in accordance with the provisions of articles 12 and 12-A of the town
law and the provisions of this act. To the extent that the provisions of
this act shall in any way be in conflict with articles 12 and 12-A of
the town law, the provisions of this act shall be controlling.
§ 2. The town of Monroe is authorized to issue bonds or notes in
accordance with the local finance law to finance the costs of certain
capital improvements made by such town at the time such town acquired
the water system that is currently operated within water district number
14. The issuance of said bonds or notes shall not be subject to the
approval of the state comptroller.
§ 3. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD14271-01-4
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