NY State Senate Bill 2013-S7697

Senate Bill S7697

2013-2014 Legislative Session

Relates to certain matters relating to the issuance of debt and associated matters of the Oneida Public Library

download bill text pdf

Archive: Last Bill Status - In Senate Committee Local Government Committee

Introduced
- In Committee Assembly
- In Committee Senate
- On Floor Calendar Assembly
- On Floor Calendar Senate
- Passed Assembly
- Passed Senate
Delivered to Governor
Signed By Governor

Please enter your contact information

First Name

Last Name

Email Address

A valid email address is required.

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
May 30, 2014	referred to local government

2013-S7697 (ACTIVE) - Details

Current Committee:: Senate Local Government
Law Section:: Oneida County
Laws Affected:: Amd §5, Chap 672 of 1993; amd §§4, 6 & 7, Chap 493 of 1996
Versions Introduced in 2015-2016 Legislative Session:: S4393

2013-S7697 (ACTIVE) - Summary

Relates to certain matters relating to the issuance of debt and associated matters of the Oneida Public Library.

2013-S7697 (ACTIVE) - Sponsor Memo

                                BILL NUMBER:S7697

TITLE OF BILL:  An act to amend chapter 672 of the laws of 1993,
amending the public authorities law relating to the construction and
financing of facilities for certain public libraries, in relation to
including the Oneida Public Library; and to amend chapter 493 of the
Laws of 1996, relating to authorizing the establishment of the Oneida
public library district, in relation to certain matters relating to
the issuance of debt and associated matters

PURPOSE OF THE BILL: The purpose of this bill is to authorize the
Oneida Public Library to be an eligible library pursuant to Chapter
672 of the Laws of 1993, and to amend Chapter 493 of the Laws of 1996
as to certain matters relating to the issuance of debt on behalf of
said Library and its Library District and associated matters.

SUMMARY OF PROVISIONS:

Section 1 of the bill authorizes the Oneida Public Library to be an
eligible library pursuant to Chapter 672 of the Laws of 1993.

Section 2 of the bill amends Chapter 493 of the Laws of 1996 which
established the Public Library to permit debt on behalf of the Public
Library to be issued on pro-rata basis by the city of Oneida and the
five towns within which the Library District is located. Public
approval of debt issuance continues to be required as currently

provided.

Section 3 of the bill amends Chapter 493 of the Laws of 1996 to
clarify assessment for public library district purposes.

Section 4 of the bill amends Chapter 493 of the Laws of 1995 to
clarify the applicability of the education law to the public library
district.

Section 5 of the bill provides that it shall take effect immediately.

JUSTIFICATION:  The Oneida Public Library located at 220 Broad Street,
in Oneida, New York occupies a facility built in 1954 which is
presently inadequate for its purposes. The library wishes to develop a
parcel of land located at 456 Elizabeth Street, in Oneida, New York
and to construct a new public library facility, such project to be
paid from proceeds of a bond financing or financings. As one of the
relatively few special library districts in the State that was
established for an area comprising multiple jurisdictions (parts of
five towns including three villages together with the city of Oneida,
all located within one city school district but not affiliated with
the territorially equivalent school district itself), it can neither
sell debt in its own name, nor require a single school district or
municipality to do so on its behalf. Under its present legislation,
the library also cannot request the city of Oneida and each of the
towns (nor the villages within) to issue a pro-rata share of the
aggregate indebtedness required for the project; although it may
require and must rely upon the issuance of joint indebtedness by the
city and the five towns, an awkward, rare and more expensive form of
general obligation indebtedness in the state_ However, existing, the
legislation does include a method to determine the pro-rata liability


of the city and each town for such debt service. Participation in the
existing public library financing program of the Dormitory Authority
of the State of New York, as well as authority for the city and each
town to issue a pro rata share of the debt, would solve this dilemma.
Public approval of debt issuance continues to be required as currently
provided. As the Legislature has approved similar legislation in the
past for other public libraries in the state, there is precedent for
this legislation.

PRIOR LEGISLATIVE HISTORY: New Bill

FISCAL IMPLICATIONS: None to the State.

EFFECTIVE DATE: This act shall take effect immediately.

2013-S7697 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  7697

                            I N  S E N A T E

                              May 30, 2014
                               ___________

Introduced  by  Sen. VALESKY -- read twice and ordered printed, and when
  printed to be committed to the Committee on Local Government

AN ACT to amend chapter 672 of the laws of  1993,  amending  the  public
  authorities  law relating to the construction and financing of facili-
  ties for certain public libraries, in relation to including the Oneida
  Public Library; and to amend chapter 493 of the Laws of 1996, relating
  to  authorizing  the  establishment  of  the  Oneida  public   library
  district,  in  relation to certain matters relating to the issuance of
  debt and associated matters

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1. Section 5 of chapter 672 of the laws of 1993, amending the
public authorities law relating to the  construction  and  financing  of
facilities  for  certain  public  libraries,  is amended by adding a new
subdivision 47 to read as follows:
  47. ONEIDA PUBLIC LIBRARY
  S 2. Section 4 of chapter 493 of the laws of 1996, relating to author-
izing the establishment  of  the  Oneida  public  library  district,  is
amended to read as follows:
  S  4. Finances. 1. (A) The initial budget of the Oneida public library
district shall be determined by a vote of the voters of the district  in
the  initial  election  as provided in this act. All future budgets that
increase or decrease the appropriation last approved by the voters shall
be submitted to the residents of the library district for approval by  a
majority  of  those  residents voting at the annual election of trustees
pursuant to section two of this act. Funds voted for library purposes at
the initial election and at all future budget  elections  shall,  unless
otherwise  directed  by such vote, be considered an annual appropriation
therefor until changed by further vote and shall be levied and collected
yearly in the same manner and at the same time as  other  taxes  in  the
portion  of  the city of Oneida, town of Lincoln, town of Lenox, town of
Verona, town of Vienna, town of Vernon,  [which  include]  INCLUDING  IN
SAID  TOWNS,  ANY  VILLAGE THEREIN, INCLUDING the village of Wampsville,
the village of Oneida Castle, and the village of Sylvan Beach, which are

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.

                                                           LBD15315-01-4

S. 7697                             2

located [in] WITHIN THE TERRITORIAL BOUNDARIES OF the Oneida city school
district.
  (B)  NOTWITHSTANDING  THE  PROVISIONS  OF  SECTION TWO OF THIS ACT AND
SUBDIVISION ONE OF THIS SECTION, THE BOARD OF TRUSTEES IS HEREBY AUTHOR-
IZED TO SUBMIT AT THE ANNUAL ELECTION OR AT A SPECIAL DISTRICT  ELECTION
ANY PROPOSITION FOR A CAPITAL IMPROVEMENT FOR THE LIBRARY DISTRICT WHICH
INCLUDES  AN  INCREASE  IN THE APPROPRIATION LAST APPROVED BY THE VOTERS
THEREOF FOR THE PURPOSE OF PAYING THE COST OF SAID  CAPITAL  IMPROVEMENT
AND  ANY  DEBT  SERVICE  ON OBLIGATIONS ISSUED THEREFOR ON BEHALF OF THE
LIBRARY DISTRICT PURSUANT TO TITLE 4 OF ARTICLE 8 OF THE PUBLIC AUTHORI-
TIES LAW OR THIS SECTION, AS  AMENDED.  ANY  SPECIAL  DISTRICT  ELECTION
SHALL BE CONDUCTED, NOTICED AND CANVASSED IN THE SAME MANNER AS AN ANNU-
AL ELECTION OF TRUSTEES.
  (C) THE TERM "CAPITAL IMPROVEMENT", AS USED HEREIN, SHALL REFER TO ANY
OBJECT  OR  PURPOSE  SPECIFIED IN SECTION 11.00 OF THE LOCAL FINANCE LAW
WHICH CONSTITUTES A VALID PURPOSE OF THE LIBRARY DISTRICT. SUCH  CAPITAL
IMPROVEMENTS  ARE  HEREBY  DETERMINED  TO  BE CITY AND TOWN PURPOSES FOR
WHICH THE CITY AND THE TOWNS ARE AUTHORIZED TO CONTRACT INDEBTEDNESS  ON
BEHALF OF THE LIBRARY DISTRICT.
  2.  The  board  of trustees shall annually file with the clerks of the
city of Oneida, AND the towns of  Vernon,  Verona,  Vienna,  Lenox,  AND
Lincoln  [which  include the of villages of Oneida Castle, Sylvan Beach,
and Wampsville] on or before the first day of February  an  estimate  of
the proposed budget including costs of library services AND DEBT SERVICE
FOR  ANY  CAPITAL  IMPROVEMENT  to  be  raised  by  levy for the library
district in the fiscal year beginning on the first day of July following
[the] EACH ANNUAL election. THE FISCAL  YEAR  OF  THE  LIBRARY  DISTRICT
SHALL  BEGIN  ON  THE  FIRST DAY OF JULY AND END ON THE THIRTIETH DAY OF
JUNE. The city and towns shall not make any change in  the  estimate  of
revenues  or expenditures submitted by the board of the library district
in preparation of its preliminary budget.
  3. (A) The [city] COMMON council of the city of Oneida  and  the  town
boards  of  THE  TOWNS  OF Vernon, Verona, Vienna, Lincoln, and Lenox on
behalf of the portions of their communities which lie within the  Oneida
city school district (INCLUDING AS APPLICABLE ANY VILLAGE IN ANY PORTION
OF  SAID  TOWNS WHICH IS WITHIN THE TERRITORIAL BOUNDARIES OF THE ONEIDA
CITY SCHOOL DISTRICT) shall levy a tax against the real  property  lying
within  the  [city and the portions of each city and town which comprise
the library district for their respective shares of  the  amount  to  be
raised  by  tax  as  contained  in  the  annual  budget of such district
approved by its voters at its annual election, said shares to be  deter-
mined  by the ratio, each to the other, of the full valuation which term
shall mean, the valuation which is derived by dividing  the  appropriate
portions  of  the  assessed  valuation of the real property concerned as
shown by the last completed assessment rolls of each village,  city,  or
town,  by  the  city, town, or village equalization rates established by
the authorized state officer or agency for such rolls, of the real prop-
erty lying within each jurisdiction. The city council,  village  boards,
and  town  boards  or  one  separately may issue tax anticipation notes,
anticipation revenue notes and budget notes pursuant to article 2 of the
local finance law to obtain the necessary moneys therefor]  PORTIONS  OF
THE  CITY  AND  EACH  TOWN WHICH COMPRISE THE LIBRARY DISTRICT FOR THEIR
RESPECTIVE SHARES OF THE AMOUNT TO BE RAISED BY TAX AS CONTAINED IN  THE
ANNUAL  BUDGET  OF  SUCH  LIBRARY DISTRICT APPROVED BY ITS VOTERS AT ITS
ANNUAL ELECTION, AS WELL AS ANY SUPPLEMENTAL  AMOUNTS  APPROVED  BY  ITS
VOTERS  FOR CAPITAL IMPROVEMENTS AS PROVIDED HEREIN. THE AMOUNT OF TAXES

S. 7697                             3

FOR LIBRARY DISTRICT PURPOSES TO BE ASSESSED, LEVIED AND COLLECTED  UPON
THE  TAXABLE  REAL  PROPERTY WITHIN THE LIBRARY DISTRICT IN THE CITY AND
UPON THE TAXABLE REAL PROPERTY WITHIN THE LIBRARY DISTRICT IN EACH  TOWN
(INCLUDING  ANY  VILLAGES  THEREIN  AS DESCRIBED HEREIN) SHALL BE APPOR-
TIONED IN ACCORDANCE WITH THE PROPORTION THAT THE FULL VALUATION  WITHIN
THAT  PORTION  OF  THE  LIBRARY DISTRICT IN THE CITY AND EACH TOWN SHALL
BEAR TO THE FULL VALUATION WITHIN THE ENTIRE LIBRARY DISTRICT.
  (B) FULL VALUATION SHALL MEAN THE VALUATION WHICH IS DERIVED BY DIVID-
ING THE APPROPRIATE PORTIONS OF THE ASSESSED VALUATION OF THE REAL PROP-
ERTY CONCERNED AS SHOWN BY THE LAST COMPLETED ASSESSMENT  ROLLS  OF  THE
CITY  OR  THE  TOWN,  BY  THE CITY OR RESPECTIVE TOWN EQUALIZATION RATES
ESTABLISHED BY THE AUTHORIZED STATE OFFICER OR AGENCY  FOR  SUCH  ROLLS.
FULL  VALUATION SHALL BE DETERMINED IN THE FOLLOWING MANNER. THE LIBRARY
DISTRICT BOARD OF TRUSTEES SHALL:
  (I) ASCERTAIN FROM THE LAST COMPLETED ASSESSMENT ROLL OF SUCH CITY  OR
TOWNS  WITHIN WHICH SUCH LIBRARY DISTRICT IS SITUATED A STATEMENT OF THE
ASSESSED VALUATION OF THE TAXABLE  REAL  PROPERTY  WITHIN  SUCH  LIBRARY
DISTRICT  LOCATED  IN SUCH CITY AND IN EACH TOWN (INCLUDING ANY VILLAGES
THEREIN AS DESCRIBED HEREIN) AFFECTED.
  (II) PROCURE FROM THE APPROPRIATE STATE OFFICER OR AGENCY A  STATEMENT
OF  THE  RATIOS  OF  THE ASSESSED VALUATION TO THE TRUE VALUATION ESTAB-
LISHED BY SUCH OFFICER OR AGENCY FOR THE LAST COMPLETED ASSESSMENT  ROLL
OF  SUCH  CITY  AND  EACH  SUCH  TOWN (INCLUDING ANY VILLAGES THEREIN AS
DESCRIBED HEREIN).
  (III) DETERMINE THE FULL VALUATION OF THE TAXABLE REAL PROPERTY WITHIN
SUCH LIBRARY DISTRICT SITUATED IN SUCH CITY AND EACH SUCH TOWN  (INCLUD-
ING  ANY  VILLAGES THEREIN AS DESCRIBED HEREIN) AFFECTED BY DIVIDING THE
ASSESSED VALUATION OF SUCH REAL PROPERTY BY THE RATIO FIXED FOR THE CITY
OR RESPECTIVE TOWN IN WHICH SUCH TAXABLE REAL PROPERTY IS SITUATED.  THE
TOTAL  FULL VALUE OF THE TAXABLE REAL PROPERTY WITHIN THE ENTIRE LIBRARY
DISTRICT SHALL BE ASCERTAINED BY ADDING TOGETHER THE FULL VALUE  OF  THE
TAXABLE  REAL  PROPERTY WITHIN THE LIBRARY DISTRICT SITUATED IN THE CITY
AND EACH TOWN (INCLUDING  ANY  VILLAGES  THEREIN  AS  DESCRIBED  HEREIN)
AFFECTED.
  (IV) ASCERTAIN THE PROPORTION OF LIBRARY DISTRICT TAX LEVY TO BE ALLO-
CATED  TO  SUCH  CITY  AND  EACH TOWN (INCLUDING ANY VILLAGES THEREIN AS
DESCRIBED HEREIN) AFFECTED BY MULTIPLYING THE AMOUNT OF SUCH TAX LEVY OF
SUCH LIBRARY DISTRICT BY THE PERCENTAGE OR RATIO THE FULL VALUE  OF  THE
TAXABLE REAL PROPERTY WITHIN SUCH LIBRARY DISTRICT SITUATED IN SUCH CITY
OR  RESPECTIVE TOWN (INCLUDING ANY VILLAGES THEREIN AS DESCRIBED HEREIN)
AFFECTED BEARS TO THE TOTAL FULL VALUE  OF  THE  TAXABLE  REAL  PROPERTY
WITHIN THE ENTIRE LIBRARY DISTRICT.
  (C) THE COMMON COUNCIL AND TOWN BOARDS SHALL EACH ANNUALLY PAY OVER TO
THE  TREASURER  OF  THE  LIBRARY DISTRICT ON OR BEFORE THE THIRTIETH DAY
AFTER THEIR RESPECTIVE TAX COLLECTION PERIOD ENDS, THE  FULL  AMOUNT  OF
THE  LEVY  DUE TO THE LIBRARY DISTRICT FROM THE PARCELS SUBJECT TO THEIR
RESPECTIVE LEVY. THE COMMON COUNCIL AND TOWN BOARDS MAY EACH  ISSUE  TAX
ANTICIPATION  NOTES, REVENUE ANTICIPATION NOTES OR BUDGET NOTES PURSUANT
TO THE APPLICABLE PROVISIONS OF THE LOCAL  FINANCE  LAW  TO  OBTAIN  THE
NECESSARY  MONEYS  THEREFOR  IN  THE  EVENT THE FULL LEVY OF THE LIBRARY
DISTRICT ASSESSMENT THEREIN IS NOT RECEIVED BY  THE  DATE  DUE  FOR  THE
PROVISION OF SAME TO THE LIBRARY DISTRICT.
  4.  [Legislative]  (A) THE LEGISLATIVE bodies of the city of Oneida[,]
AND the towns of Vernon,  Verona,  Vienna,  Lenox,  and  Lincoln  [which
include  the  villages  of  Oneida Castle, Sylvan Beach, and Wampsville]
which are in the Oneida city school  district  shall  have  the  [power]

S. 7697                             4

POWERS  TO  AUTHORIZE,  to  sell  and  TO  issue  bonds, notes and other
evidences of indebtedness  pursuant  to  THE  PROVISIONS  OF  the  local
finance  law in order to permit the library district to provide [facili-
ties  or improved facilities] CAPITAL IMPROVEMENTS for library purposes.
Upon written request from the board of trustees of the library district,
after approval by the qualified voters of such district, [the respective
legislative bodies jointly shall authorize, sell and issue  such  bonds,
notes, or other evidences of indebtedness as are necessary to accomplish
the  improvements  specified  in the notice. The proceeds of such bonds,
notes or other evidences of indebtedness shall be paid to the  treasurer
of  the  library  district  and  maintained  in  a segregated account in
accordance with section 165.00 of the local finance law and expended  by
the  treasurer  only on specific authorization by the board of trustees]
THE RESPECTIVE LEGISLATIVE BODIES SHALL AUTHORIZE, SELL AND  ISSUE  SUCH
BONDS,  NOTES,  OR  OTHER  EVIDENCES OF INDEBTEDNESS AS ARE NECESSARY TO
ACCOMPLISH THE CAPITAL IMPROVEMENT  SPECIFIED  IN  THE  REQUEST,  AS  SO
APPROVED  BY  THE  VOTERS  OF  THE  LIBRARY DISTRICT EITHER (I) AS JOINT
INDEBTEDNESS IN ACCORDANCE WITH THE PROVISIONS OF TITLE 1-A OF ARTICLE 2
OF THE LOCAL FINANCE LAW OR (II) AS SEVERAL INDEBTEDNESS OF THE CITY  OF
ONEIDA  AND THE TOWNS OF VERNON, VERONA, VIENNA, LENOX AND LINCOLN, EACH
ISSUING THEIR PRO-RATA SHARE OF SUCH  INDEBTEDNESS  IN  JUST  PROPORTION
DETERMINED BY THE RATIO AND METHODOLOGY PROVIDED IN SUBDIVISION THREE OF
THIS SECTION. THE PROPORTION OF INDEBTEDNESS TO BE ALLOCATED TO THE CITY
OF  ONEIDA  AND EACH OF THE TOWNS SHALL BE DETERMINED BY MULTIPLYING THE
AMOUNT OF SUCH INDEBTEDNESS TO BE ISSUED FOR THE CAPITAL IMPROVEMENT  BY
THE PERCENTAGES OR RATIO THE FULL VALUATION OF THE TAXABLE REAL PROPERTY
OF  SUCH  CITY OR TOWN, SITUATED IN SUCH CITY OR EACH TOWN, BEARS TO THE
FULL VALUATION OF ALL OF THE TAXABLE REAL PROPERTY  WITHIN  THE  LIBRARY
DISTRICT.
  (B) UPON ADOPTION OF A RESOLUTION BY THE AFFIRMATIVE VOTE OF A MAJORI-
TY  OF  THE  VOTING  STRENGTH  OF  THE  BOARD OF TRUSTEES OF THE LIBRARY
DISTRICT, AFTER  APPROVAL  OF  THE  QUALIFIED  VOTERS  OF  SUCH  LIBRARY
DISTRICT,  NOTHING  PROVIDED  HEREIN SHALL PRECLUDE THE LIBRARY DISTRICT
FROM ENTERING INTO A FINANCING TRANSACTION WITH THE DORMITORY  AUTHORITY
OF  THE  STATE  OF  NEW YORK OR ANY LOCAL DEVELOPMENT CORPORATION ESTAB-
LISHED PURSUANT TO SECTION 1411 OF THE  NOT-FOR-PROFIT  CORPORATION  LAW
FOR  THE  FINANCING  OF ANY CAPITAL IMPROVEMENT. THE LIBRARY DISTRICT IS
HEREBY AUTHORIZED TO ENTER INTO SUCH  AGREEMENTS  AS  MAY  BE  OTHERWISE
PERMISSIBLE  BY  LAW TO FINANCE ANY SUCH CAPITAL IMPROVEMENT THROUGH THE
AUSPICES OF THE DORMITORY AUTHORITY OF THE STATE OF NEW YORK PURSUANT TO
TITLE 4 OF ARTICLE 8 OF THE PUBLIC AUTHORITIES LAW, OR THE AUSPICES OF A
LOCAL DEVELOPMENT CORPORATION DULY ESTABLISHED AND AUTHORIZED TO FINANCE
SUCH CAPITAL IMPROVEMENTS ON BEHALF OF A PUBLIC  LIBRARY  DISTRICT.  THE
PROCEEDS  OF  SUCH BONDS, NOTES OR OTHER EVIDENCES OF INDEBTEDNESS SHALL
BE PAID TO THE TREASURER OF THE LIBRARY DISTRICT  AND  MAINTAINED  IN  A
SEGREGATED  ACCOUNT  IN  ACCORDANCE  WITH  SECTION  165.00  OF THE LOCAL
FINANCE LAW AND EXPENDED BY SAID TREASURER  ONLY  ON  SPECIFIC  AUTHORI-
ZATION BY THE BOARD OF TRUSTEES OF THE LIBRARY DISTRICT.
  5.  The board of trustees of the library district may accept on behalf
of the LIBRARY district any absolute gift, devise or bequest of real  or
personal property and such conditional gifts, devises, or bequests as it
shall by resolution approve.
  6. (A) The treasurer of the library district shall be custodian of all
funds  of the library district including gifts and trust funds paid over
to the BOARD OF trustees.  The  board  of  trustees  may  authorize  the
investment  of  funds in the custody of the treasurer in the same manner

S. 7697                             5

in which [village,] town, city or school district funds may be invested.
Proceeds of obligations received from the  [villages,  town,  and]  city
[may]  OR TOWNS FOR CAPITAL IMPROVEMENTS SHALL be invested in accordance
with  section  165.00 of the local finance law AND SECTIONS 10 AND 11 OF
THE GENERAL MUNICIPAL LAW. The [mayor] COMPTROLLER OF THE CITY of Oneida
and the supervisors of the towns of Verona, Vernon, Vienna,  Lenox,  and
Lincoln shall promptly pay over to the library district all moneys which
belong  to  or  are  raised for the library district. No moneys shall be
disbursed by the treasurer of the library district except after audit by
the board of trustees. The board of trustees shall audit all claims  and
shall  order  the  payment thereof, except as otherwise provided by this
section. No such claims shall be audited or ordered paid by the trustees
unless an itemized voucher therefor shall be presented to the  board  of
trustees  for audit and allowances. The provisions of this section shall
not be applicable to payment of claims  of  fixed  salaries  in  amounts
which  the library district may be required to pay on account of retire-
ment contributions for past or current services to officers and  employ-
ees  of  the  library district. The treasurer shall keep such records in
such manner as the board of trustees may require.
  (B) THE LIBRARY DISTRICT SHALL PROVIDE SUCH INVESTMENT AND EXPENDITURE
RECORDS OF ANY PROCEEDS OF BONDS, NOTES OR  OTHER  EVIDENCE  OF  INDEBT-
EDNESS ISSUED ON BEHALF OF THE LIBRARY DISTRICT FOR CAPITAL IMPROVEMENTS
AS  MAY  BE  REQUIRED BY THE CITY, TOWNS, THE DORMITORY AUTHORITY OF THE
STATE OF NEW YORK OR A LOCAL DEVELOPMENT CORPORATION IN ORDER  FOR  SAME
TO  COMPLY  WITH THE REQUIREMENTS OF SECTION 148 OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED, WITH REGARD  TO  ANY  BONDS,  NOTES  OR  OTHER
EVIDENCES OF INDEBTEDNESS ISSUED TO FINANCE A CAPITAL IMPROVEMENT OF THE
LIBRARY DISTRICT.
  S 3. Section 6 of chapter 493 of the Laws of 1996, relating to author-
izing  the  establishment  of  the  Oneida  public  library district, is
amended to read as follows:
  S 6. Ad valorem levy. The several lots and parcels of land within  the
area  of  the Oneida public library district are hereby determined to be
benefitted by the library facilities and services  existing  as  of  the
effective  date of this act [and the]. THE city of Oneida, and the towns
of Vernon, Verona, Vienna, Lenox, and Lincoln are hereby  authorized  to
assess,  levy  and collect [the necessary expenses of operation, mainte-
nance and repair of  such  facilities  and  services  and  such  capital
improvements  including  debt service on bonds, notes or other evidences
of indebtedness issued for the purpose of such library district  as  may
be hereafter authorized pursuant to the provisions of this act from such
lots  and  parcels of land] SUFFICIENT MONIES FROM SUCH LOTS AND PARCELS
OF LAND THEREIN, IN ACCORDANCE WITH THE DETERMINATION OF  THEIR  RESPEC-
TIVE  SHARES  AS  PROVIDED  IN SUBDIVISION THREE OF SECTION FOUR OF THIS
ACT, AS PROVIDED IN THE ANNUAL BUDGETS OF THE LIBRARY  DISTRICT  TO  PAY
ALL  NECESSARY  EXPENSES  OF  OPERATION,  MAINTENANCE AND REPAIR OF SUCH
FACILITIES AND PROVISION OF SUCH SERVICES TOGETHER  WITH  THE  COSTS  OF
CAPITAL  IMPROVEMENTS  INCLUDING  DEBT  SERVICE ON BONDS, NOTES OR OTHER
EVIDENCE OF INDEBTEDNESS ISSUED FOR THE PURPOSE OF SUCH LIBRARY DISTRICT
AS MAY BE HEREAFTER AUTHORIZED PURSUANT TO THE PROVISIONS OF THIS ACT.
  S 4. Section 7 of chapter 493 of the Laws of 1996, relating to author-
izing the establishment  of  the  Oneida  public  library  district,  is
amended to read as follows:
  S  7.  Education law applicability. THE LIBRARY DISTRICT SHALL CONSTI-
TUTE A PUBLIC LIBRARY PURSUANT TO THE PROVISIONS OF THE EDUCATION LAW AS
THE SAME MAY, FROM TIME TO TIME, BE AMENDED, AND SHALL HAVE  THE  POWERS

S. 7697                             6

AND  DUTIES,  EXCEPT AS OTHERWISE PROVIDED IN THIS ACT, NOW OR HEREAFTER
CONFERRED BY LAW UPON PUBLIC LIBRARIES AND  THEIR  TRUSTEES.  Except  as
[otherwise]  provided  by  this act, the provisions of the education law
relating  to  public libraries shall be applicable to the public library
district established by this act. THE LIBRARY DISTRICT SHALL  CONSTITUTE
A BODY CORPORATE AND POLITIC AND BE PERPETUAL IN DURATION.
  S 5. This act shall take effect immediately.

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.