N.Y. Village Law § 14-1432: Levy of taxes and assessments to pay bonds issued for a sewerage system

§ 14-1432 Levy of taxes and assessments to pay bonds issued for a

sewerage system. The board of trustees of any village which shall have

heretofore issued or may hereafter issue bonds for the purpose of paying

the cost of constructing in said village a sewerage system, whether

including or not including trunk lines, outfall sewers, disposal plants

or lateral sewers, or private on-site wastewater disposal systems may,

notwithstanding that any part of the expense of constructing such

sewerage system or private on-site wastewater disposal system has

theretofore been assessed upon lands benefited, determine and order that

any portion of such cost, not exceeding in amount the aggregate amount

of such bonds then outstanding, shall be assessed upon the lands

benefited by the construction of such sewerage system or private on-site

wastewater disposal system in the manner provided in this section. Any

such resolution shall determine the aggregate amount of such bonds which

shall then be outstanding and unpaid and shall fix the portion of each

installment of maturities of said bonds which is thereafter to be

assessed upon lands benefited, in the manner provided in this section.

Any such resolution shall be subject to a permissive referendum. Prior

to the first day of May in each year the board of trustees shall compute

the aggregate amount of the portion of the principal of said bonds, to

become due during the ensuing fiscal year which is required by said

resolution to be assessed upon the lands benefited, and also the

interest on such portion of said bonds to become due during such fiscal

year, and shall assess such amount on the lands within said village, in

proportion as nearly as may be to the benefit which each lot or parcel

will derive from the construction of said sewerage system. After making

such apportionment, the board of trustees shall serve on the owner of

each such lot or parcel of land a notice of the completion of such

apportionment and that at a specified time and place a hearing will be

held to consider and review the same.

The board of trustees shall meet at the time and place specified in

such notice and hear objections to such apportionment, and may modify

and correct the same. The board of trustees upon the completion and

correction of such apportionment, shall forthwith file the same in the

office of the village clerk, and shall give notice of the filing of such

completed and corrected apportionment in the manner provided for by

section fourteen hundred ten of the real property tax law as to towns.

The apportionment shall then be deemed final and conclusive, unless an

appeal is taken therefrom as hereinafter provided within fifteen days

after the filing thereof. The board of trustees shall, in the annual tax

levy for such fiscal year, levy upon each such lot or parcel of land the

sum so apportioned to such lot or parcel of land, and the amount so

levied shall be collected in the same manner as other village taxes. In

the event that any such resolution shall become effective, any lot or

parcel of land assessed by any previous assessment or apportionment of

any part of the cost of constructing such sewerage systems shall be

freed from the lien of such former assessment or apportionment, except

to the extent that any part of such cost so apportioned to such lot or

parcel of land shall have been included in the annual tax levies of said

village. The powers conferred by this section shall be in addition to

the powers conferred by any other law, including any general or special

law, and such powers may be exercised without regard to the restrictions

contained in any other law other than the village law.