N.Y. Public Authorities Law § 1036: Referendum

* § 1036. Referendum. No bonds shall be issued under this title by the

authority in an aggregate amount at any time outstanding exceeding ten

million dollars. No such bonds shall be issued by the authority without

the approval of a majority of the electors of the district voting on the

question of such approval. Such question may be submitted by the board

of supervisors either at a general election or a special election called

for such purpose. The question submitted to the electors of the district

shall be: "Shall the authority issue not exceeding (filling in the

amount) dollars bonds under the Albany Light, Heat and Power Authority

Act?" If such proposition is adopted, the authority may issue bonds

under the power so given. The submission of such question and the

conduct of and canvass of the votes cast at such election in the

district shall be provided for by the board of supervisors as nearly as

may be in accordance with the provisions of the election law. Notice of

the submission of such question and a general statement of the purposes

to which the proceeds of the bonds are to be applied shall be published

in the official newspapers of the county, designated by the board of

supervisors, once a week for six weeks immediately preceding such

election. At any time prior to the election at which such question is to

be submitted to the electors for approval, the board of supervisors may,

not later than fifteen days prior to such election, rescind its action

in submitting the same whereupon such question shall not be submitted at

such election, or, if submitted, the vote of the electors thereon shall

be without effect. Neither the submission of such question nor the

validity or result of such election shall be questioned in any court or

elsewhere except in an action or proceeding commenced not later than

twenty days after the determination of such result by the county board

of canvassers has been filed in the office of the county board of

elections.

* NB Terminated July 1, 1963