The Town of New Hartford hereby establishes, by local
law, a special district to finance the purchase of a permanent easement across
the N.Y.S.& W. Railroad Corporation property on Estates Drive in the Town
of New Hartford for the sum of $45,000.
The Town of New Hartford shall bond for the purpose set
forth herein and will charge a special assessment for each member of the Fairway
Estates Homeowners' Association, Inc., to cover the entire cost of the bond.
Any unpaid assessments will become a lien on the real estate of Fairway Estates
homeowners property and be subject to collection and foreclosure procedure
provided by Article 9-B, Condominium Act, of the Real Property Law of the
State of New York or any other law applicable to special districts.