New York Laws
Title 3 - Local Obligations: Authorization Thereof
35.00 - Bond Resolution Subject to Referendum; Towns.

(1) With a proposed maturity of not more than five years to be
measured from the date of the bonds or from the date of the first bond
anticipation note issued in anticipation of the sale of such bonds,
whichever date is the earlier.
(2) For any district or special improvement authorized by articles
three-A, twelve, twelve-A and twelve-C of the town law, as amended from
time to time, or for any such improvement authorized by any other
general or special law where the cost thereof is to be assessed upon
benefitted real property except for a bond resolution adopted by the
finance board of the Town of Oyster Bay for the purpose of financing an
original capital improvement for an existing park district in said town,
where the estimated maximum cost of such improvement shall be two
million or more.
(3) For the construction, pavement or other improvement of a street or
highway through such town, the cost of which is to be paid in part by
such town and in part by the county or state, as provided in the highway
law, as amended from time to time.
(4) For the payment of judgments, or compromised or settled claims
against such town, or awards or sums payable by such town pursuant to a
determination by a court, or an officer, body or agency acting in an
administrative or quasi-judicial capacity.
c. The expenditure of money for which it is proposed to issue
obligations shall not be subject to a permissive or mandatory referendum
in any town.
d. The provisions of paragraphs a and b of this section shall not
apply to any bond resolution which authorizes the issuance of bonds for
the reconstruction of a bridge, tunnel, viaduct or underpass or for the
reconstruction or repair of a highway, road, street, parkway or parking

area, whether or not including sidewalks, curbs, gutters, drainage,
landscaping or grading, if (1) such reconstruction or repair is
necessitated by a storm, flood, earthquake or other unforeseeable
disaster and (2) the county superintendent of highways certifies that
such work should be commenced within eight months after such disaster in
order to prevent unusual peril to the lives and property of the citizens
of the town and (3) such bond resolution has been adopted within eight
months after such disaster.