The public school systems which existed in the
former Village of Peekskill, now the City of Peekskill, and the organization,
government and maintenance thereof, and the title to all school property
connected with or constituting part of the public school systems as
they now exist, are continued.
For the purpose of assessing and collecting
the school tax of the portion of The Hendrick Hudson School District,
formerly Central School District 3 of the Town of Cortlandt, all that
portion of the City of Peekskill lying and being within the present
boundaries of said school district shall be known as "Special School
Tax District of the City of Peekskill." The school taxes for said
tax district shall be assessed, levied and collected as hereinafter
provided.