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S04555 Summary:

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S04555 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         4555--A
 
                               2011-2012 Regular Sessions
 
                    IN SENATE
 
                                     April 12, 2011
                                       ___________
 
        Introduced  by  Sen.  SEWARD -- read twice and ordered printed, and when
          printed to be committed to the Committee on Corporations,  Authorities
          and   Commissions  --  committee  discharged,  bill  amended,  ordered
          reprinted as amended and recommitted to said committee
 
        AN ACT to amend the public authorities law, in relation to the  Montgom-

          ery, Otsego, Schoharie county solid waste management authority
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Sections 2041-w and 2041-x of the  public  authorities  law
     2  are renumbered 2041-x and 2041-y, respectively, and a new section 2041-w
     3  is added to read as follows:
     4    §  2041-w.  Withdrawal of Otsego county. Notwithstanding any provision
     5  of law to the contrary, Otsego county is hereby authorized to  terminate
     6  its  membership  in the Montgomery, Otsego, Schoharie county solid waste
     7  management authority.
     8    Such termination shall be effective upon approval of a resolution by a
     9  majority of the duly constituted membership of the Otsego  county  board

    10  of  representatives,  filed with the authority and the legislative board
    11  clerks of the component counties.  The authority and Otsego county shall
    12  execute a plan for Otsego county's assumption of  its  proportional  and
    13  equitable  share of the authority's assets and liabilities. For purposes
    14  of this section, "proportional and equitable share  of  the  authority's
    15  assets and liabilities" shall be based on the population of Otsego coun-
    16  ty  as  compared  to  the  total  population  of the three counties that
    17  constitute the authority based on the two thousand  ten  census.  Assets
    18  shall  include, but not be limited to, the authority's reserve and oper-
    19  ating funds and rights to the use of any Montgomery,  Otsego,  Schoharie

    20  county  solid  waste  management authority operated transfer stations in
    21  Otsego county subject to the conditions held by the respective owners of
    22  the properties.
    23    § 2. This act shall take effect immediately.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09825-04-1