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Bill > A05877
NY A05877
NY A05877Ratifies 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.
summary
Introduced
02/24/2025
02/24/2025
In Committee
06/13/2025
06/13/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
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
AI Summary
This bill ratifies and confirms the creation of Water District No. 14 in the town of Monroe, New York, which arose from the town's takeover of the Orchard Hill Water Company's water system in 2013. The bill addresses several legal and financial irregularities in the district's establishment, including the town's use of general fund money to make improvements to the water system without proper bond resolutions and failure to repay these funds within the required timeframe. Specifically, the bill legalizes the water district's creation despite previous procedural violations, validates special assessments on properties previously served by Orchard Hill Water Company, and authorizes the town to issue bonds or notes up to $577,539 to reimburse its general fund for improvements made since 2013. The bill effectively retroactively legitimizes the town's actions in establishing and operating the water district, providing a legal framework for the district's continued operation and allowing the town to finance the system's improvements through long-term bonding, with a 40-year period of probable usefulness for these infrastructure investments.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (1)
Last Action
substituted by s6247a (on 06/13/2025)
Official Document
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