Common Contracts

1 similar Joint Consolidation Agreement contracts

SUMMARY OF TtfE JOINT CONSOLIDATION AGREEMENT
Joint Consolidation Agreement • November 21st, 2011

The Joint Consolidation Agreement is entered into by the Town of Plattsburgh with the nine lighting districts within the Town and all unconsolidated areas served and areas not within a lighting district and not presently served. The Town, will as of January 1, 2013, be consolidating all the areas into one district. All property of the lighting districts will be transferred to the consolidated lighting district and any liabilities paid from district balances. The lighting districts have no bonded indebtedness. The consolidated district will be financed by ad valorem assessments on taxable real properties within the consolidated district.

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!