[HISTORY: Adopted by the Board of Supervisors of the Township
of West Goshen as indicated in article histories. Amendments noted
where applicable.]
GENERAL REFERENCES
Zoning -- See Ch. 84.
[Adopted 1-16-2018 by Ord. No. 1-2018]
The Board of Supervisors hereby approves the NID Plan, attached
hereto as Exhibit A,[1] and hereby designates the area or areas identified in
the NID Plan as a NID. The name of the NID is the "Woodlands at Greystone
Neighborhood Improvement District."
[1]
Editor's Note: Exhibit A is on file in the Township offices.
The Board of Supervisors hereby designates the Woodlands at
Greystone Neighborhood Improvement District Management Association
as the NIDMA to administer programs, improvements, and services within
the NID in accordance with the Act[1] with duties and responsibilities to be set forth in a
management agreement containing terms and provisions satisfactory
to the Township and the NIDMA.
[1]
Editor's Note: See 73 P.S. § 831 et seq.
The Board of Supervisors, pursuant to Section 837 of the Act,
hereby authorizes the imposition by the NIDMA of special assessments
on real property located within the NID in accordance with the rate
and method of apportionment of special assessments set forth in the
NID Plan, such rate and method of apportionment of special assessments
being in compliance with Section 837 of the Act, and such rate and
method of apportionment of special assessments hereby is approved.
The special assessments will provide for the payment of Bonds to be
issued by the issuer to finance certain public infrastructure improvements
and related programs and services to facilitate the residential development
known as "Woodlands at Greystone" which, together with certain adjacent
real estate, comprises the NID, all as provided for within the NID
Plan.
The Board of Supervisors hereby is authorized to take such further
actions as are necessary or desirable to carry out the intent and
purposes of this article, including, but not limited to, the execution
by the Chairman or Vice Chairman and Secretary of the Board of Supervisors
of the NID management agreement, the funding agreement, the pledge
and security agreement, and other documents and agreements consistent
with the Act and the NID Plan that the Township will need to enter
into in furtherance of this article, in form and substance satisfactory
to such officers and the Township's Solicitor and bond counsel,
the execution and delivery of all such documents, instruments, agreements
and certificates to constitute conclusive evidence of such satisfaction.
This article shall not be deemed in any way to be a pledge of
the general credit of the Township for the payment of the bonds, and
this article shall not be deemed in any way to obligate the Township
for the payment of principal of, or interest on, the bonds, or for
any other claim based on the bonds or any other document, instrument
or agreement delivered in connection with the issuance of the bonds.
