NOTICE OF ADOPTION OF RESOLUTION APPROPRIATING
FUNDS FOR THE CONSTRUCTION OF A WATER TRANSMISSION
AND DISTRIBUTION LINE BETWEEN SCWA AND NEW WATER DISTRICT #6
Please take notice that, pursuant to Section 209-b of the New York State Town Law, the Town Board of the Town of Stillwater adopted Resolution No. 70 of 2013 appropriating $6.75 million dollars for the construction of a water transmission and distribution line between the Saratoga County Water Authority (“SCWA”) connection on Cordero Blvd. and consolidated Water District No. 6 in the southeast portion of the Town. The proposed infrastructure is not to be included within an existing or proposed improvement district, all such map, plans and reports shall conform with the requirements of Section 209-c of Article 12A of the New York State Town Law. The expense incurred for the construction of the Project will be a general Town charge and shall be levied and collected in the same manner as other Town charges, except that it is anticipated that the Project will be funded by BANS or Bonds issued by the Town and the debt service is anticipated to be paid for through PILOT funds generated by the Globalfoundries projects.
Please take further notice that in accordance with Section 24 of the Municipal Home Rule Law and Article 7 of the NYS Town Law, Town of Stillwater Resolution No. 70 of 2013 is subject to a permissive referendum.
July 19, 2013
Stillwater Town Clerk