Legal Notice – Tax Cap Override – Local Law 2016

LEGAL NOTICE
TAX CAP OVERRIDE
LOCAL LAW 2016

PLEASE TAKE NOTICE the Town of Rosendale will hold a public hearing on November 2, 2016 immediately following the public hearing for the 2017 Preliminary Budget at the Rosendale Municipal Building, 1915 Lucas Avenue, Cottekill, NY, To consider the advisability of adopting a Local Law, which must be in effect, to override the mandated tax levy limit established in General Municipal Law 3-c in the event of unforeseen cost overruns associated with meeting contractual obligations, bond payments, funding health insurance expenses, pension contribution payments and fire protection districts.

By Order of the Rosendale Town Board
Dated October 26, 2016
Mandy Donald,
Town Clerk