New York Statutes

§ 2-258 — Apportionment of property and obligations of a special district of a town upon the incorporation of a part in a village

New York·Law VIL Village·Art. 2 Incorporation
§ 2-258 Apportionment of property and obligations of a special\ndistrict of a town upon the incorporation of a part in a village. If the\nterritory so incorporated as a village includes within its boundaries\npart of a special district established by the town for a sewer, water,\nlight, fire, park, health, police or any other special district for\nmunicipal purposes, the proportion of the bonded debt incurred by the\ntown and payable by a tax against the property within a special\ndistrict, for whose benefit the bonds were issued which shall be assumed\nby the village and the apportionment of personal and real property\nbelonging to the special district shall be determined according to the\nrelative assessed valuation of the personal and real property in that\nportion of the special dist

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