Ratifies the creation of water district number 14 in Monroe, New York, and authorizes the town to issue bonds to repay inter-fund borrowings.

The bill ratifies the creation of water district number 14 in the town of Monroe, New York, which was previously owned by Orchard Hill Water Company. The town has operated the water system since 2013. It authorizes the town to issue bonds or notes to repay inter-fund borrowings from the town's general fund. The town had already spent general fund money on improvements, but failed to adopt a bond resolution beforehand, violating local finance law. The bill validates the town's actions and authorizes the issuance of bonds to repay the outstanding amount.

Ratifies the creation of water district number 14 in Monroe, New York, and authorizes the town to issue bonds to repay inter-fund borrowings.

The bill ratifies the creation of water district number 14 in the town of Monroe, New York, which was previously owned by Orchard Hill Water Company. The town has operated the water system since 2013. It authorizes the town to issue bonds or notes to repay inter-fund borrowings from the town's general fund. The town had already spent general fund money on improvements, but failed to adopt a bond resolution beforehand, violating local finance law. The bill validates the town's actions and authorizes the issuance of bonds to repay the outstanding amount.