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HomeMy WebLinkAbout595163-002No. of Pages: (including this cover page) Receipt No. Date: Time: Aurora R. Valenti TOMPKINS COUNTY CLERK 320 North Tioga Street Ithaca, NY 14850 (607)274-5431 Fax: (607) 274-5445 5 595163 08/01 /2012 12:54 PM Document Type: MISC RECORDS Delivered By: TOWN OF ITHACA Return To: TOWN OF ITHACA Parties To Transaction: TOWN PAPERS / MEETING 6/25/2012 Town/City: Deed Information Taxable Consideration: State Transfer Tax: County Transfer Tax: RETT No.: State of New York Tompkins County Clerk Instrument Number *595163-002* Mortgage Information Taxable Mortgage Amount: Basic Mortgage Tax: Special Mortgage Tax: Additional Mortgage Tax: Local Mortgage Tax: Mortgage Serial No.: This sheet constitutes the Clerk endorsement required by Section 316 A(5) & Section 319 of the Real Property Law of the State of New York. jw'�' e rd"t- Tompkins County Clerk Please do not remove this page. MEETING OF THE ITHACA TOWN BOARD June 25, 2012 TB RESOLUTION NO.: 2012- 126: Public Interest Order — North Triphammer Road Water Main Water Improvement Area of the Town of Ithaca At a study session of the Town Board of the Town of Ithaca, Tompkins County, New York, held at the Town Hall, 215 North Tioga Street, in Ithaca, New York, in said Town, on the 25th day of June, 2012, beginning at 4:30 P.M., Prevailing Time. PRESENT: Herb Engman, Bill Goodman, Pat Leary, Eric Levine, Tee -Ann Hunter, Rich DePaolo and Nahmin Horwitz Moved by Eric Levine; seconded by Pat Leary In the Matter of A Proposed Water Improvement in the Town of Ithaca, Tompkins County, New York, pursuant to Article 12-C of the Town Law, to be known as the North Triphammer Road Tank Water Main Water Improvement Area of the Town of Ithaca. WHEREAS, the Town Board of the Town of Ithaca, Tompkins County, New York, in conjunction with the Village of Lansing and the Village of Cayuga Heights, and the Towns of Lansing and Dryden, has determined and agreed to participate in the provision of a joint water project construction of a new water transmission main at North Triphammer Road and to contract joint indebtedness therefor in accordance with Section 15.00 of the Local Finance Law pursuant to an Agreement of Municipal Cooperation for Construction, Financing and Operation of an Inter -Municipal Water Supply and Transmission System (the "Intermunicipal Agreement'); and WHEREAS, a map, report and plan, including an estimate of cost, have been duly prepared in such manner and in such detail as has heretofore been determined by the Town Board of the Town of Ithaca, Tompkins County, New York, relating to construction of a new water transmission main at North Triphammer Road; to serve a benefitted area in said Town to be known as North Triphammer Road Water Main Water Improvement Area (the "Water Improvement Area") of the Town of Ithaca; and WHEREAS, said map, plan and report, including estimate of cost, were prepared by a competent engineer, duly licensed by the State of New York and have been filed in the office of the Town Clerk of said Town, where the same are available during regular office hours for examination by any person or persons interested in the subject matter thereof; and WHEREAS, the area of said Town determined to be benefited by said North Triphammer Road Water Main Water Improvement Area of the Town of Ithaca consists of the entire area of said Town excepting therefrom the area contained within the Village of Cayuga Heights; and WHEREAS, the capital improvements proposed in connection with the establishment of the Water Improvement Area consist of construction of a new water transmission main at North Triphammer Road at an initially determined maximum estimated cost to said Water Improvement Area of $422,560, it being determined that (1) the additional $377,440 of the $800,000 aggregate maximum estimated cost shall be initially apportioned and allocated to the Villages of Lansing and Cayuga Heights and water districts in the Towns of Lansing and Dryden and that (2) joint indebtedness shall be issued therefor and that (3) the ultimate share of the cost to be allocated to the Town of Ithaca pursuant to Intermunicipal Agreement shall be determined on the basis of benefits received or conferred or to be received or conferred from the aforesaid improvement; and WHEREAS, said $800,000 maximum estimated cost, which is the cost of the project, shall be authorized to be financed by the joint issuance by the Town of Ithaca, with the Towns of Dryden and Lansing and the Villages of Cayuga Heights and Lansing, of joint serial bonds with a maximum maturity not in excess of the forty year period prescribed by the Local Finance Law; and WHEREAS, said maximum estimated cost, as to the Town of Ithaca of $422,560 is not greater than one -tenth of one per centum of the full valuation of taxable real property in the area of the Town of Ithaca outside of any villages; and WHEREAS, it is proposed that the cost of the aforesaid improvements shall be borne by the real property in said North Triphammer Road Water Main Water Improvement Area of the Town of Ithaca by assessing, levying upon and collecting from the several lots and parcels of land within such Water Improvement Area, outside of any village, which the Town Board shall determine and specify to be especially benefited by the improvements, an amount sufficient to pay the principal and interest on serial bonds and bond anticipation notes issued in anticipation of the issuance of serial bonds, as the same become due and payable; and WHEREAS, after said plan, report and map, including estimate of cost, were prepared by a competent engineer, duly licensed by the state of New York, and filed in the office of the Town Clerk, the said Town Board did, on June 11, 2012, duly adopt an Order reciting the proposed Improvement, a description of the boundaries of the proposed benefited area, the maximum amount proposed to be expended for the Improvement, the proposed method of apportioning the costs of such Improvement, the proposed method of financing to be employed, the fact that a plan, map and report describing the same are on file in the Town Clerk's office for public inspection, and specifying that said Town Board shall meet at the Town Hall, 215 North Tioga Street, in Ithaca, New York, in said Town, on the 25th day of June, 2012 at 4:30 o'clock P.M., Prevailing Time, for the purposes of conducting a public hearing on such proposal to provide said Improvement, and to hear all persons interested in the subject thereof concerning the same; and WHEREAS, copies of said Order were duly published and posted according to law, and said Town Board did, at the time and place specified in said Order, duly meet and consider such proposal and held a public hearing in which it heard all persons interested in the subject thereof, who appeared at such time and place, concerning the same; and WHEREAS, at its study session on June 25, 2012, the Town Board determined approval, construction and implementation of the Improvement, which is an Unlisted Action pursuant to the regulations of the New York State Department of Environmental 2 Conservation promulgated pursuant to the State Environmental Quality Review Act, will not result in any significant adverse environmental effects; and WHEREAS, the Town Board now desires to authorize the Improvement to be known as the North Triphammer Road Water Main Water Improvement Area of the Town of Ithaca based on the evidence offered at such time and place; NOW, THEREFORE, BE IT RESOLVED, by the Town Board of the Town of Ithaca, Tompkins County, New York, as follows: Section 1. It is hereby determined that it is in the public interest to establish said North Triphammer Road Water Main Water Improvement Area of the Town of Ithaca and to make the water improvement hereinafter described and such water improvement is hereby authorized. The proposed area hereby determined to be benefitted by said Water Improvement Area is all of that portion of the Town of Ithaca outside of the Village of Cayuga Heights. Section 2. The proposed improvement shall consist of the Water Improvement Area's allocable share of the construction of a new water transmission main at North Triphammer Road at an initially determined maximum estimated cost to said Improvement Area of $422,560, it being determined that (1) the additional $377,440 of the $800,000 aggregate maximum estimated cost shall be initially apportioned and allocated to the Villages of Lansing and Cayuga Heights and water districts in the Towns of Lansing and Dryden and that (2) joint indebtedness shall be issued therefor and that (3) the ultimate share of the cost to be allocated to the. Town of Ithaca pursuant to the aforedescribed Intermunicipal Agreement shall be determined on the basis of benefits received or conferred or to be received or conferred from the aforesaid improvement. The method of financing of said cost shall be by the issuance of joint serial bonds of said Town of Ithaca together with the Towns of Lansing and Dryden and the Villages of Lansing and Cayuga Heights to mature in annual installments over a period not exceeding forty years, and by the issuance of joint bond anticipation notes issued in anticipation of the issuance of joint serial bonds. The Town of Ithaca's allocable share of such bonds and bond anticipation notes shall be payable from assessments levied upon and collected from the, several lots and parcels of land deemed benefited from said improvement and located in said Water Improvement Area, so much upon and from each as shall be in just proportion to the amount of the benefit which the improvement shall confer upon the same. Section3. It is hereby determined that the estimated expense of the aforesaid improvement does not exceed one -tenth of one per cent of the full valuation of the taxable real property in the area of said Town outside of any villages and, therefore, in accordance with the provisions of subdivision 13 of Section 209-q of the Town Law, the permission of the State Comptroller is not required for such improvement. Section 4. Pursuant to subdivision 6(d) of Section 209-q of the Town Law, the Town Clerk is hereby directed and ordered to cause a certified copy of this resolution to be duly recorded within ten days of the date of adoption in the Office of the Clerk of the County of Tompkins, which when so recorded, shall be presumptive evidence of the regularity of the proceedings and action taken by the Town Board in relation to the aforesaid improvement. K Section 5. It is hereby further determined that all of the allocable cost of the aforesaid improvement shall be borne wholly by property within the Water Improvement Area, being the entire area of the Town of Ithaca outside of any village. Section 6. This Order is adopted subject to a permissive referendum in the manner provided in Town Law Article 7 and Town Law Section 209-q. The question of the adoption of the foregoing Order was duly put to a vote on roll call, which resulted as follows: Vote: Ayes —Herb Engman, Bill Goodman, Pat Leary, Eric Levine, Tee -Ann Hunter, Rich DePaolo and Nahmin Horwitz The Order was thereupon declared duly adopted. STATE OF NEW YORK) COUNTY OF TOMPKINS) SS: TOWN OF ITHACA: I, Paulette Terwilliger Town Clerk of the Town of Ithaca, New York, do hereby certify that the above resolution is an exact copy of the same adopted by the Town Board of the Town of Ithaca at a Meeting on the 25th day of June, 2 ZA Paulette Terwi iger, Town Clerk n u