Village of Washingtonville, NY
Orange County
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Table of Contents
Table of Contents
[HISTORY: Adopted by the Board of Trustees of the Village of Washingtonville 2-5-1979. Amendments noted where applicable.]

Sewers — See Ch. 140.

§ 32-1
Fund established. 

§ 32-2
Moneys deposited into separate account. 

§ 32-3
Investment of fund moneys. 

§ 32-4
All expenditures by authorization. 

§ 32-1 Fund established.

Pursuant to § 6-c of the General Municipal Law, as amended, this Board of Trustees does hereby establish a capital reserve fund to finance the cost of construction of sewer system improvements.

§ 32-2 Moneys deposited into separate account.

The Village Treasurer is hereby directed to deposit moneys of this reserve fund in a separate bank account to be known as the "Sewer System Reserve Fund."

Editor's Note: Moneys deposited are collected from sewer hookup fees. The schedule of fees is on file in the village offices.

§ 32-3 Investment of fund moneys.

The Village Treasurer is authorized to invest, from time to time, the moneys of this fund pursuant to § 6-c of the General Municipal Law.

§ 32-4 All expenditures by authorization.

No expenditure shall be made from this fund, except upon authorization of this Board, pursuant to § 6-c of the General Municipal Law.