The City Council of the City of Saratoga Springs, pursuant to New York State General Municipal Law, Article
2, General Municipal Finances, hereby establishes a program for the purpose of protecting, preserving, enhancing, and improving environmentally sensitive, recreational and scenic land, as such are regulated by various sections of New York State law pursuant to the approval of the electors of the City in a public referendum held pursuant to all applicable statutes of the laws of the State of New York.
Continuing development within the City has demonstrated a compelling
need to acquire, improve, preserve, protect, maintain the availability
of, and improve the City's remaining natural areas, wetlands,
trails, watershed protection land, farm land, stream and other green-way
corridors, historical and archaeological sites and areas, significant
habitats and ecologically important areas, geological landmarks, public
access areas and other similar such open land for active and passive
park and recreational facilities, and preserve open areas, to enhance
the general quality of life and the environment of the City, and thereby
benefit the residents and taxpayers of the City. In order to achieve
these goals, the City requires a mechanism to purchase land, easements
or other real property rights and interests quickly and efficiently,
and make original improvements and embellishments thereto, as the
need arises and opportunities are identified. Appropriate fiscal planning
is an essential component of fulfilling this goal.
The City Council hereby finds that, in order to more effectively
implement the powers and authorities granted to cities by New York
State General Municipal Law § 247 and New York State Environmental
Conservation Law §§ 49-0301 through 49-0311, both inclusive,
which recognize the value of open areas and the need to preserve such
land, and empower municipalities with authority to acquire real property
to preserve as open areas, to more effectively implement the powers
and authorities granted to cities by various sections of General City
Law of the State of New York, which recognize the value of active
and passive park and recreational facilities, and empower municipalities
with authority to provide for original improvement and embellishment
of such facilities, including acquisition of real property and/or
rights and interests in real property for such purposes, the establishment
of an environmental, parks, and open areas protection program pursuant
to the laws of the State of New York is necessary.
These accounts shall cease to receive further funding after
all bonded indebtedness incurred for the purposes of this chapter
has been paid, unless the provisions of this chapter are extended
by resolution of the City Council in increments of five years. The
City Council may, in its sole discretion, prepay all bonded indebtedness
and terminate the funding of these accounts earlier than stated herein,
upon adoption of a resolution determining to do so. If at any time
the City Council does not extend the funding for these accounts, the
balances remaining therein shall be used for the purposes set forth
herein above until they have been depleted.