N.Y. General Municipal Law § 120-g: Apportionment of cost

§ 120-g. Apportionment of cost. Before any such contract for

construction mentioned in section one hundred and twenty-c shall become

effective, such local authorities shall determine the part or proportion

of the annual cost thereof, if any, which is to be assessed upon the

property benefited thereby, and the method of such assessment, and shall

provide that any part thereof not actually paid out of such assessment

shall be paid by such city, town, village or sewer district at large. In

the case of a town, the petition for the creation of such sewer

district, or supplemental petition, shall request the construction of

such sewer system, extension or part thereof, as herein provided, and

such petition shall comply in form, substance and in the manner of

execution, so far as applicable thereto, to the requirements of section

two hundred and thirty of the town law, except that it may state that

the annual sum or rental to be paid for the use of said plant or for the

removal of sewage as herein provided shall be fixed and assessed in the

first instance for the full period named in any such contract, not

exceeding thirty years, and that any part thereof not actually paid out

of such assessment may be reassessed upon the property in such district.

Before acting on any such petition, the town board shall give the notice

provided in section two hundred and thirty-a of the town law, and the

assessment shall be made in form and substance so far as applicable

thereto as provided in section two hundred and thirty-seven of said law.