New York Laws
Title 2 - Albany Light, Heat and Power Authority
1036 - Referendum.

* § 1036. Referendum. No bonds shall be issued under this title by the
authority in an aggregate amount at any time outstanding exceeding ten
million dollars. No such bonds shall be issued by the authority without
the approval of a majority of the electors of the district voting on the
question of such approval. Such question may be submitted by the board
of supervisors either at a general election or a special election called
for such purpose. The question submitted to the electors of the district
shall be: "Shall the authority issue not exceeding (filling in the
amount) dollars bonds under the Albany Light, Heat and Power Authority
Act?" If such proposition is adopted, the authority may issue bonds
under the power so given. The submission of such question and the
conduct of and canvass of the votes cast at such election in the
district shall be provided for by the board of supervisors as nearly as
may be in accordance with the provisions of the election law. Notice of
the submission of such question and a general statement of the purposes
to which the proceeds of the bonds are to be applied shall be published
in the official newspapers of the county, designated by the board of
supervisors, once a week for six weeks immediately preceding such
election. At any time prior to the election at which such question is to
be submitted to the electors for approval, the board of supervisors may,
not later than fifteen days prior to such election, rescind its action
in submitting the same whereupon such question shall not be submitted at
such election, or, if submitted, the vote of the electors thereon shall
be without effect. Neither the submission of such question nor the
validity or result of such election shall be questioned in any court or
elsewhere except in an action or proceeding commenced not later than
twenty days after the determination of such result by the county board
of canvassers has been filed in the office of the county board of
elections.

* NB Terminated July 1, 1963