NOTICE OF PUBLIC HEARING ON INCREASE IN IMPROVEMENT
Notice is hereby given that the Town Board of the Town of Germantown, Columbia County, New York, will meet at the Germantown Town Hall, 50 Palatine Park Road, Germantown, New York, on the 18th day of April 2017, at 6:30pm, prevailing time, for the purpose of conducting a public hearing upon a proposal by said Town Board to adopt the Preliminary Engineering Report, as hereinafter described, at which time and place said Town Board will meet to consider such proposition and hear all persons interested in the subject thereof and concerning the same.
Notice is further given that the Town Board will meet at the same time and place for the purpose of conducting a concurrent public hearing upon a proposal by said Town Board to increase the maximum cost to construct improvements to the facilities as hereinafter described, at which time and place said Town Board will meet to consider such proposition and hear all persons interested in the subject thereof and concerning the same.
The proposed Increase in Improvements are described in a Preliminary Engineering Report dated September 4, 2015 prepared by Delaware Engineering, D.P.C. on file in the office of the Town Clerk for public inspection.
The estimated cost to a typical property, that being single family residence including an estimated assessment and estimated annual rates, is further described in the Preliminary Engineering Report: According to the Preliminary Engineering Report, the estimated total annual cost within the District for a typical residential customer may be up to approximately $798 for the first year following construction.
The proposed method of apportioning the costs of the Improvements is to assess the costs entirely against the lands benefitted thereby, being the entire District; and to assess, levy and collect costs from several lots or parcels within such benefitted area in just proportion to the amount of benefit which the improvement shall confer upon such lots or parcels.
The purposed method of financing the costs of the Improvement is the issuance of serial bonds pursuant to the Local Finance Law.
Germantown Town Clerk