[Adopted 1-9-1996 as L.L. No. 1-1996]
This Article is enacted to amend L.L. No. 3-1965, which local law set
the annual compensation of Mayor and members of the Board of Trustees of the
Village of Waverly.
The annual compensation of the Mayor is hereby fixed at $3,000; the
annual compensation of each member of the Board of Trustees is hereby fixed
at $1,500.
This Article shall take effect on June 1, 1996, unless a proper petition
has been filed requesting a referendum on this local law, in which case, it
shall take effect upon approval of the votes at such referendum within five
days following such referendum.