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Bill > S06247


NY S06247

NY S06247
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.


summary

Introduced
03/07/2025
In Committee
06/13/2025
Crossed Over
06/13/2025
Passed
09/11/2025
Dead
Signed/Enacted/Adopted
09/11/2025

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 originated from the former Orchard Hill Water Company. The water system was taken over by the town in 2013 following the death of the previous owners and a boil water notice, with the town spending $577,539 in general fund money to make improvements. Although the town technically violated several local finance and municipal laws by spending money without proper bond resolutions and not repaying the funds within the required timeframe, this bill retroactively legalizes and validates the water district's establishment. The bill authorizes the town to issue bonds or notes for $577,539 to reimburse its general fund, despite previous legal restrictions. The bonds will have a 40-year period of probable usefulness, dating back to the initial improvements in 2013. The bill ensures that the water district will now be funded, operated, and controlled in accordance with town law, and validates any special assessments previously imposed on properties served by the water system. The legislation aims to regularize the town's management of this water district and provide a legal framework for its continued operation.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

SIGNED CHAP.412 (on 09/11/2025)

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