752. Proposed joint consolidation agreement. 1. The governing body or bodies of two or more local government entities may, by joint resolution, endorse a proposed joint consolidation agreement for the purpose of commencing consolidation proceedings under this article.
2. The proposed joint consolidation agreement shall specify:
(a) the name of each local government entity to be consolidated;
(b) the name of the proposed consolidated local government entity, which name shall be such as to distinguish it from the name of any other like unit of government in the state of New York (except the name of any one of the entities to be consolidated);
(c) the rights, duties and obligations of the proposed consolidated local government entity;
(d) the territorial boundaries of the proposed consolidated local government entity;
(e) the type and/or class of the proposed consolidated local government entity;
(f) the governmental organization of the proposed consolidated local government entity insofar as it concerns elected and appointed officials and public employees, along with a transitional plan and schedule for elections and appointments of officials;
(g) a fiscal estimate of the cost of and savings which may be realized from consolidation;
(h) each entity's assets, including, but not limited to, real and personal property, and the fair value thereof in current money of the United States;
(i) each entity's liabilities and indebtedness, bonded and otherwise, and the fair value thereof in current money of the United States;
(j) terms for the disposition of existing assets, liabilities and indebtedness of each local government entity, either jointly, separately or in certain defined proportions;
(k) terms for the common administration and uniform enforcement of local laws, ordinances, resolutions, orders and the like, within the proposed consolidated local government entity, consistent with section seven hundred sixty-nine of this title;
(l) the effective date of the proposed consolidation; and
(m) the time and place or places for the public hearing or hearings on such proposed joint consolidation agreement pursuant to section seven hundred fifty-four of this title.
Last modified: February 3, 2019