Senate Bill S8779

2023-2024 Legislative Session

Ratifies and confirms the creation of water district no. 14 of the town of Monroe; and authorizes the issuance of bonds or notes by such town to finance certain inter-fund borrowings by such water district

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Current Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2023-S8779 (ACTIVE) - Details

See Assembly Version of this Bill:
A9704
Current Committee:
Assembly Local Governments
Law Section:
Towns

2023-S8779 (ACTIVE) - Summary

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.

2023-S8779 (ACTIVE) - Sponsor Memo

2023-S8779 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8779
 
                             I N  S E N A T E
 
                              March 11, 2024
                                ___________
 
 Introduced  by  Sen. SKOUFIS -- read twice and ordered printed, and when
   printed to be committed to the Committee on Finance
 
 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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