LEGAL NOTICE
TOWN OF CONSTANTIA
TOWN BOARD PUBLIC NOTICE OF ADOPTION

 SUBJECT TO A PERMISSIVE REFERENDUM

NOTICE IS HEREBY GIVEN that the Town Board of the Town of Constantia, Oswego County, New York, at a special meeting thereof, held on March 6, 2025 at 6:00 p.m. at the Town Hall, located at 14 Frederick Street, Constantia, New York, duly adopted, subject to a permissive referendum, a Resolution and Order, an abstract of which is as follows, which resolution is subject to a permissive referendum pursuant to Article 7 of the New York State Town Law. The full resolution is on file in the office of the Town Clerk, 14 Frederick Street, Constantia, New York, in said Town and is available for public inspection during regular business hours.

RESOLUTION AND ORDER

IN THE MATTER OF

AN INCREASE IN THE MAXIMUM AMOUNT TO BE EXPENDED FOR

THE IMPROVEMENT OF FACILITIES IN THE

TOWN OF CONSTANTIA SEWER DISTRICT NO. 1

IN THE TOWN OF CONSTANTIA,

OSWEGO COUNTY, STATE OF NEW YORK

PURSUANT TO ARTICLE 12-A (§209-h) OF THE TOWN LAW

(“Constantia-Bernhards Bay Sewer District”)

The Town of Constantia Town Board has become aware of a general interest and desire for public Sewer service in portions of the Town of Constantia.

A Map, Plan and Report, prepared by Barton & Loguidice, competent engineers duly licensed by the State of New York, as last revised in January 2025, has been prepared in such manner and in such detail as heretofore has been determined by the Town of Constantia Town Board, relating to the establishment of and increase in the maximum amount to be expended for the Town of Constantia Sewer District No. 1 (the “Constantia-Bernhards Bay Sewer District”) pursuant to Article 12-A of the Town Law (the “Sewer District”), the area of which is described more fully in Schedule “A”. The proposed improvements consist generally of the improvements as more particularly described in the Map, Plan and Report, to wit:

a newly constructed low-pressure sanitary sewer collection system to serve the Town of Constantia along the State Route 49 corridor from the West Monroe town line on the western project limits to the Village of Cleveland village line on the eastern project limits; collected wastewater will flow to the Hamlet of Constantia where a new wastewater pump station will connect to the proposed Southern Oswego County Regional Interceptor Sewer line at the intersection of the Oswego County Rail Trail and State Route 49; from this connection point, wastewater flows will reach the City of Fulton WPCF where treatment and discharge into the Oswego River will occur; and

The maximum amount proposed to be expended for the construction of the Sewer District improvements was authorized to be increased from Thirty Nine Million Fifteen Thousand and 00/100 Dollars ($39,015,000.00) to Sixty One Million Eight Hundred Thousand and 00/100 Dollars ($61,800,000.00) and the plan of financing includes the issuance of bonds of the Town to finance said cost and the assessment, levy and collection of special assessments shall be borne entirely by the properties located within the described benefitted areas including the several lots and parcels of land within said benefitted areas as associated with the Sewer District, which the Town Board shall determine and specify to be especially benefitted thereby, so much upon and from each as shall be in just proportion to the amount of benefit conferred upon the same, to pay the principal of and interest on said bonds as the same shall become due and payable, as generally described in Schedule “B” and as set forth more fully in the Map, Plan and Report, and further that the Town of Constantia has determined to seek and obtain public sources of funding and financing through a variety of sources including the New York State Environmental Facilities Corporation (“NYSEFC”), the Bipartisan Infrastructure Law (“BIL”), the United States Department of Agriculture – Rural Development (“USDA-RD”) and the New York State Department of Environmental Conservation (“DEC”), as well as other sources, for the construction and administrative costs associated with the creation and construction of the Sewer District.

The estimated cost of the Sewer District to the “typical property” (as defined by the Town Law) is One Thousand Two Hundred and 00/100 Dollars ($1,200.00).

The estimated cost of the Sewer District to the “typical two-family property” is Two Thousand Four Hundred and 00/100 Dollars ($2,400.00).

There are no estimated hook-up costs because the project was designed as a “turnkey” project.

The project will not result in any significant adverse environmental effects and the Town Board of the Town of Constantia previously adopted negative declaration for purposes of the State Environmental Quality Review Act.

SAID APPROVALS ARE SUBJECT TO A PERMISSIVE REFERENDUM. Petitions for a referendum may be obtained from the Town Clerk and must be filed within thirty (30) days of the date of this Notice of Adoption.

DATED: March 6, 2025

Clare Haynes, Town Clerk

Town of Constantia

SCHEDULE “A”

Written Boundary Description

Constantia-Bernhards Bay Sewer District

Oswego County, New York

ALL THAT TRACT OR PARCEL OF LAND SITUATE in the Town of Constantia, County of Oswego and State of New York and being more particularly described as follows:

Commencing at a Point of Beginning (1), said Point being on the northeastern corner of Parcel 312.00-02-15.01; thence proceeding southerly along the eastern boundary line of said Parcel to the southeastern corner of Parcel 312.00-02-16.01; thence proceeding southerly across State Route 49 to the northeastern corner of Parcel 312.00-02-16.01; thence proceeding southerly along the eastern boundary line of said Parcel to the southeastern corner of Parcel 312.16-01-11.01 adjoining the northern shore of Oneida Lake; thence proceeding westerly, northwesterly, and southwesterly along the northern shore of Oneida Lake as it bends and turns to the north westerly corner of Parcel 309.00-01-01; thence proceeding northeasterly along the northern border of Parcels 309.00-01-01, 310.05-04-32.1, 310.05-04-32.2, and 310.05-04-30 to the northeastern corner of Parcel 310.05-04-30, thence proceeding easterly to a point along the northern property boundary of said Parcel which intersects with the southwestern corner of Parcel 310.05-03-25.03; thence proceeding northeasterly along the projection of the western property boundary of Parcel to 310.05-03-25.03 to the northern corner of said Parcel; thence proceeding northeasterly to the northwestern corner of Parcel 310.05-03-05; thence proceeding easterly along the northern boundary of Parcels 310.05-03-05 and 310.05-03-25.03 to the northeastern corner of Parcel 310.05-03-25.03; thence proceeding easterly across 28th Street to a point on the western property boundary of Parcel 310.05-02-02.2, thence proceeding northeasterly along the western property boundary of Parcels 310.05-02-02.2 and 310.05-02-01 to the northwestern corner of Parcel 310.05-02-01; thence proceeding easterly along the northern property boundary of Parcels 310.05-02-01 and 310.05-02-02.2 to the northeastern corner of Parcel 310.05-02-02.2; thence proceeding easterly to a point on the western boundary of Parcel 310.05-01-48 which intersects with the projection of the northern property boundary of Parcel 310.05-02-02.2; thence proceeding northeasterly along the western boundary of Parcels 310.05-01-48, 310-05-01-48.01, and 310.05-01-01 to the northwestern corner of Parcel 310.05-01-01; thence proceeding northeasterly along the projection of the western property boundary of Parcel 310.05-01-01 to a Point along the projection which intersects with the southern boundary of Parcel 296.00-06-06.2; thence proceeding northwesterly along the southern boundary of Parcels 296.00-06-06.2 and 296.00-06-12 to the southeastern corner of Parcel 296.00-06-17.02; thence proceeding northerly along the western property boundary of said Parcel to the southern corner of Parcel 296.00-06-17.01; thence proceeding northwesterly along the southern property boundary of 295.00-04-18 to the southwestern corner of said Parcel which intersects with a point along the eastern property boundary of Parcel 295.00-04-17; thence proceeding northwesterly along the southern property boundary of Parcel 295.00-04-17 to the southwestern corner of said Parcel; thence proceeding northeasterly along the western property boundary of Parcel 295.00-04-17 to the southeastern corner of Parcel 295.00-04-16; thence proceeding northwesterly along the southern property boundaries of Parcels 295.00-04-16, 295.00-04-15, 295.00-04-14, 295.00-04-11, 295.00-04-08.2, 295.00-04-08.12, 295.00-04-10, 295.00-04-13, 295.00-04-12, 295.00-04-21, 295.00-04-20, and 295.00-04-09 to the southwestern corner of Parcel 295.00-04-09; thence proceeding southwesterly along the eastern property boundary of Parcel 295.00-04-25.01 to the southeastern corner of said Parcel; thence proceeding northwesterly to the southwestern corner of Parcel 295.00-04-25.01; thence proceeding southwesterly along the southeastern property boundary of Parcel 295.00-04-25.02 to the southern corner of said Parcel; thence proceeding northerly along the western property boundary of Parcel 295.00-04-25.02 to the point which intersects with the southeastern corner of Parcel 295.00-04-07; thence proceeding northwesterly along the southern property boundaries of Parcels 295.00-04-07, 295.00-04-06, and 295.00-04-05 to the southwestern corner of Parcel 295.00-04-05; thence proceeding northeasterly along the western property boundary of Parcel 295.00-04-05 to the northwestern corner of said Parcel; thence proceeding southeasterly along the northern property boundary of Parcel 295.00-04-05 to a point along the northern boundary which intersects with the projection of the western property boundary of Parcel 295.00-03-03.01; thence proceeding across West Road along the projection of the western property boundary of Parcel 295.00-03-03.01 to the southwestern corner of said Parcel; thence proceeding northeasterly along the western property boundary to the northwestern corner of Parcel 295.00-03-03.01; thence proceeding southeasterly along the northern property boundary of Parcel 295.00-03-03.01 to the northeastern corner of said Parcel; thence proceeding northeasterly along the western property boundary to the northwestern corner of Parcel 295.00-03-08.01; thence proceeding southeasterly along the north property boundary of Parcel 295.00-03-08.01 and 295.00-03-08 to a point on the north property boundary of Parcel 295.00-03-08 which intersects with the projection of the western property boundary of Parcel 295.00-02-10.01; thence proceeding northeasterly along the projection of the western property boundary of Parcel 295.00-02-10.01 to the northwestern corner of said Parcel; thence proceeding along the projection of the western property boundary of Parcel 295.00-02-10.01 across parcel 296.00-08-01 to a point on the southern property boundary that intersects with the said projection; thence proceeding northwesterly along the northern property boundary of Parcel 296.00-08-01 to the southwestern corner of Parcel 295.00-01-02; thence proceeding northeasterly along the western property boundary of Parcel 295.00-01-02 to the southeastern corner of Parcel 278.00-02-10; thence proceeding northwesterly along the southern property boundary of Parcel 278.00-02-10 to the southwestern corner of said Parcel; thence proceeding northeasterly along the western property boundary of Parcel 278.00-02-10 to the southeastern corner of Parcel 278.00-02-07.08; thence proceeding northwesterly along the western property boundary of Parcel 278.00-02-07.08 to the southwestern corner of said Parcel; thence proceeding northwesterly along the southern property boundaries of Parcels 278.00-02-07.07, 278.00-02-07.06, and 278.00-02-07.05 to the southwestern corner of Parcel 278.00-07.05; thence proceeding southwesterly along the eastern property boundary of Parcel 278.00-02-01 to the southeastern corner of said Parcel; thence proceeding northwesterly along the southern property boundary of Parcel 278.00-02-07.05 to the southeastern corner of Parcel 295.00-05-01; thence proceeding northeasterly along the eastern property boundary of Parcel 295.00-05-01 to the northeastern corner of said Parcel; thence proceeding northwesterly along the northern property boundary of parcel 295.00-05-01 to the northwestern corner of said parcel; thence proceeding southwesterly along the western property boundary of Parcel 295.00-05-01 to the southwestern corner of said Parcel; thence proceeding northwesterly along the southern property boundary of Parcel 278.00-02-01 to the southwestern corner of said parcel; thence proceeding northeasterly along the western property boundary of Parcel 278.00-02-01 to the northwestern corner of said Parcel; thence proceeding across State Route 49 to the southwestern corner of Parcel 278.00-01-15; thence proceeding northeasterly along the western property boundaries of Parcels 278.00-01-15 and 278.00-01-14 to the northwestern corner of parcel 278.00-01-14; thence proceeding southeasterly along the northern property boundaries of Parcels 278.00-01-14, 278.00-01-13, 278.00-01-12.1, and 278.00-01-03 to the northeastern corner of Parcel 278.00-01-03; thence proceeding southeasterly along the projection of the northern property boundary of Parcel 278.00-01-03 across Simmons Drive to a point on the western property boundary of Parcel 279.00-04-17 that intersects with the said projection; thence proceeding northeasterly along the western property boundary of Parcel 279.00-04-17 to the northwestern corner of said property; thence proceeding southeasterly along the northern property boundary of Parcel 279.00-04-17 to the northeastern corner of said parcel; thence proceeding southwesterly along the eastern property boundary of Parcel 279.00-04-17 to the southeastern corner of said Parcel; thence proceeding southwesterly along the northern property boundaries of Parcels 296.00-01-05 and 296.00-01-06 to the northeastern corner of parcel 296.00-01-06; thence proceeding southwesterly along the eastern property boundary of parcel 296.00-01-06 to the north western corner of Parcel 296.00-01-28.01; thence proceeding north easterly along the northern property boundary of Parcel 296.00-01-28.01 to the north easterly corner of said Parcel; thence proceeding southwesterly and southeasterly along the eastern property boundary of Parcel 296.00-01-28.01 to the southeastern corner of said property; thence proceeding southwesterly and northwesterly along the southern property boundary of Parcel 296.00-01-28.01 to its intersection with State Route 49; thence proceeding southeasterly along State Route 49 to the northwestern corner of Parcel 296.00-01-29.03; thence proceeding northeasterly along the northern property boundary of Parcel 296.00-01-29.03 to the northeastern corner of said Parcel; thence proceeding southwesterly and southeasterly along the eastern property boundary of Parcel 296.00-01-29.03 to the southeastern corner of said Parcel; thence proceeding southeasterly along the northern property boundaries of Parcels 296.00-01-27.02, 296.00-01-27.03, and 296.00-01-18 to the northeastern corner of Parcel 296.00-01-18; thence proceeding southwesterly along the eastern property boundary of Parcel 296.00-01-18 to the northwestern corner of Parcel 296.00-01-26.01; thence proceeding southeasterly along the northern property boundary of Parcel 296.00-01-26.01 to the northeastern corner of said Parcel; thence proceeding northeasterly along the western property boundary of Parcel 296.00-02-20.01 to the northwestern corner of said Parcel; thence proceeding southeasterly along the northern property boundary of Parcel 296.00-02-20.01 to the north eastern corner of said Parcel; thence proceeding southeasterly along the eastern property boundary of Parcel 296.00-02-20.01 to the Northeastern corner of Parcel 296.00-02-31.02; thence proceeding northwesterly along the northern property boundary of Parcel 296.00-02-31.02 to the northwestern corner of said Parcel; thence proceeding southeasterly along the western property boundary of Parcel 296.00-02-31.02 and Parcel 296.00-02-31.01 to the southwestern corner of Parcel 296.00-02-20; thence proceeding northeasterly along the eastern property boundary of Parcel 296.00-02-20 to the northwestern corner of Parcel 296.00-02-19; thence proceeding northeasterly along the northern property boundary of Parcel 296.00-02-19 to its intersection with Auringer Road; thence proceeding across Auringer Road to a point on the southwestern property boundary of Parcel 296.15-01-03 that intersects the projection of the northern property boundary of Parcel 296.00-02-19; thence proceeding northwesterly along the southwestern property boundary of Parcel 296.15-01-03 to the northwestern corner of said Parcel; thence proceeding northeasterly along the northern property boundary of Parcel 296.15-01-03 to its intersection with Scriba River; thence proceeding across the Scriba River to a point on the southeastern property boundary of Parcel 296.15-01-02.01 that intersects the projection of the northern property boundary of Parcel 296.15-01-03; thence proceeding northwesterly along the eastern boundary of the Scriba River to the northwestern corner of Parcel 296.15-01-02.01; thence proceeding southeasterly along the southern property boundary of Parcel 296.00-02-15.02 to the southwest corner of said Parcel; thence proceeding northeasterly along the western property boundary of Parcel 296.00-02-15.01 to the northwestern corner of said Parcel; thence proceeding across Cemetery Road to a point on Parcel 296.00-02-14.12 that intersects the projection of the western property boundary of Parcel 296.00-02-15.01; thence proceeding northwesterly along the southern property boundary of Parcel 296.00-02-14.12 to the northwestern corner of said Parcel; thence proceeding northeasterly along the western property boundary of Parcel 296.00-02-14.12 to the northwestern corner of said Parcel; thence proceeding northwesterly along the southern property boundary of Parcel 296.00-02-14.11 to the southwestern corner of said Parcel; thence proceeding northeasterly along the western property boundary of Parcel 296.00-02-14.11 to the northwestern corner of said Parcel; thence proceeding northwesterly along the southern property boundary of Parcel 296.00-01-26 to the southwestern corner of said Parcel ; thence proceeding northeasterly along the western property boundaries of Parcels 296.00-01-26 , 296.00-02-26.03, 296.00-02-26.02, 296.00-02-26.01, 296.00-02-25.1, 296.00-02-25.2, 296.00-02-11.22, 296.00-02-24, 296.00-02-10, and 296.00-02-09 to the north western corner of Parcel 296.00-02-09; thence proceeding southeasterly along the northern property boundary of Parcel 296.00-02-09 to its intersection with State Route 23; thence proceeding across State route 23 to a point on the western property boundary of Parcel 296.00-03-24.03 that intersects the projection of the northern property boundary of Parcel 296.00-02-09; thence proceeding northeasterly along the western property boundary of Parcel 296.00-03-24.03 to the northwestern corner of said Parcel; thence proceeding southeasterly along the northern property boundary of Parcel 296.00-03-24.03 to the northeastern corner of said Parcel; thence proceeding easterly along the western property boundary of Parcel 296.00-03-19.2 to the northwestern corner of said Parcel; thence proceeding easterly along the northern property boundaries of Parcels 296.00-03-19.2 and 296.00-03-24.01 to the southwestern corner of Parcel 296.00-03-24; thence proceeding northeasterly along the western property boundary of Parcel 296.00-03-24 to the northeastern corner of Parcel 296.00-03-24.02; thence proceeding northwesterly along the northern property boundary of Parcel 296.00-03-24.02 to the northwestern corner of said Parcel; thence proceeding northwesterly along State Route 23 to the northwestern corner of Parcel 296.00-03-24; thence proceeding northeasterly along the northern property boundary of Parcel 296.00-03-24 to the northeastern corner of said Parcel; thence proceeding southwesterly along the eastern property boundary of Parcel 296.00-03-24 to the northwestern corner of Parcel 296.00-03-27; thence proceeding northeasterly and southeasterly along the northern property boundaries of Parcels 296.00-03-27, 296.00-03-27.01, 296.00-03-22, 296.00-03-03.112, 296.00-03-21.2, 296.00-03-23, 296.00-03-21.11, and 296.00-03-20 to the northeastern corner of Parcel 296.00-03-20; thence proceeding southwesterly along the eastern property boundary of Parcel 296.00-03-20 to the northwestern corner of Parcel 296.00-03-25; thence proceeding southeasterly along the northern property boundary of Parcel 296.00-03-20 to its intersection with Kibbie Lake Road; thence preceding across Kibbie Lake Road to a point on the western property boundary of Parcel 296.00-04-10 that intersects with the northern property boundary of Parcel 296.00-03-20; thence proceeding northeasterly along the western property boundary of Parcel 296.00-04-10 to the northeastern corner of said Parcel; thence proceeding southwesterly along the eastern property boundaries of Parcels 296.00-04-10, 296.00-04-10.01, 296.00-04-08, 296.00-04-30.03, and 296.00-04-30.02 to the southeastern corner of Parcel 296.00-04-30.02; thence proceeding northwesterly along the southern property boundaries of Parcels 296.00-04-30.02 and 296.00-04-31 to the northeast corner of Parcel 296.00-04-17.2; thence proceeding southwesterly along the eastern property boundaries of Parcels 296.00-04-17.2 and 296.00-04-33.01 to the southeastern corner of Parcel 296.00-04-33.01; thence proceeding southerly across Parcel 296.00-08-01 to a point on the northern property boundary of Parcel 296.00-07-03 that intersects with the projection of the eastern property boundary of Parcel 296.00-04-33.01; thence proceeding easterly along the southern property boundary of Parcel 296.00-08-01 to the northeastern corner of Parcel 297.00-04-33.01; thence proceeding southerly along the eastern property boundary of said Parcel to a point on the eastern property boundary which intersects the western projection of the north property boundary of Parcel 311.08-02-01.21; thence proceeding easterly from said point, across Shacksbush Road to the northwestern corner of the property boundary of Parcel 311.08-02-01.21; thence proceeding easterly along the northern property boundary of said Parcel to the northeastern corner of said parcel; thence proceeding easterly to the northwestern corner of Parcel 311.08-02-07; thence proceeding northerly along the western parcel boundary of Parcel 311.08-02-07 to the northernmost corner of said parcel; thence proceeding easterly along the southern property boundary of Parcel 296.00-08-01 to a point on Parcel 311.08-02-07 that intersects the projection of the western property boundary of Parcel 298.00-01-02; thence proceeding northerly across Parcel 296.00-08-01 to the southwestern corner of Parcel 298.00-01-02; thence proceeding northerly along the western property boundary of Parcel 298.00-01-02 to the northwestern corner of said Parcel; thence proceeding easterly along the northern property boundary of Parcel 298.00-01-02 to its intersection with the Right-of-Way boundary of Railroad Street; thence proceeding southerly along the eastern property boundary of Parcel 298.00-01-02 to a point that intersects with the projection of the northern property boundary of Parcel 298.00-02-22; thence proceeding easterly across Railroad Street along the northern property boundary of Parcel 298.00-02-22 to the northeastern corner of said Parcel; thence proceeding southerly along the eastern property boundaries of Parcels 298.00-02-22, 298.00-02-20, and 298.00-02-18 to the southeastern corner of Parcel 298.00-02-18; thence proceeding southerly across Parcel 296.00-08-01 to a point on the northern property boundary of Parcel 312.05-02-02 that intersects the projection of the eastern property boundary of Parcel 298.00-02-18; thence proceeding southeasterly along the southern property boundary of Parcel 296.00-08-01 to the northeastern corner of Parcel 312.05-02-06; thence proceeding southerly along the eastern property boundary of said parcel to the northwestern corner of Parcel 312.05-02-07.1; thence proceeding northeasterly along the northern property boundary of said Parcel to the northeastern property boundary corner of said Parcel; thence proceeding southerly along the eastern property boundary to the northwestern property boundary corner of Parcel 312-05-02-08.1; thence proceeding southeasterly along the northern property boundaries of Parcel 312-05-02-08.1 and 312-05-02-09.1 to the northeastern property boundary corner of Parcel 312-05-09.1; thence proceeding northeasterly along the along the western property boundary of Parcel 312.06-01-01.05 to the northwestern corner of the property boundary of said Parcel; thence proceeding southeasterly along the northern property boundaries of Parcels 312.06-01-01.05, 312.06-01-01.04, 312.06-01-01.03, and 312.06-01-01.02 to the northeastern corner of Parcel 312.06-01-01.02; thence southerly along the eastern parcel boundary of Parcel 312.06-01-01.02 to a point along the eastern property boundary of said Parcel which intersects with the westward projection of the north property boundary of Parcel 312.06-01-12; thence proceeding easterly along said projection across County Route 17 to the northwestern corner of Parcel 312.06-01-12; thence proceeding easterly along the north property boundary of said Parcel to the northeastern corner of said Parcel; thence proceeding southerly along the eastern property boundary of said Parcel to the northwestern corner of the property boundary of Parcel 312.06-01-09; thence proceeding southerly along the eastern property boundary of said Parcel to a point on the eastern property boundary which intersects with the westward projection of the north property boundary of Parcel 312.06-02-05; thence proceeding easterly along said projection across Marsden Road to the northwestern corner of the boundary of Parcel 312.06-02-05; then proceeding northerly along the western property boundary of Parcel 312.06-02-03 to the northwestern corner of the property boundary of said Parcel; thence proceeding easterly along the northern property boundary of said Parcel to the northeastern corner of the property boundary; thence proceeding northerly along the western property boundary of Parcel 312.00-02-01 to the northwestern corner of said Parcel; thence proceeding southeasterly along the southern property boundary of Parcel 296.00-08-01 to the northeastern corner of the property boundary of Parcel 312.00-02-06.02; thence proceeding southerly along the eastern property boundary of said Parcel to the northwestern property boundary corner of Parcel 312.00-02-11.04; then proceeding southeasterly along the north property boundary of Parcel 312.00-02-11.04 to the northwestern property boundary corner of Parcel 312.00-02-16; thence proceeding easterly along the north property boundary of Parcel 312.00-02-16 to the northwestern property boundary corner of Parcel 312.00-02-16.01; thence proceeding northerly along the western property boundary of Parcel 312.00-02-15.01 to the northwestern property boundary corner of said Parcel; thence proceeding easterly along the north property boundary of Parcel 312.00-02-15.01 to the northeastern corner of said Parcel, said Point also being the Point of Beginning (1), encompassing all Parcels within said Boundary.

SCHEDULE “B”

Financing Plan

Funding Scenario Cost Status

   

Scenario 2:

EFC Hardship Financing

Max WIIA Grant

+ Max WQIP Grant

+ BIL Grant

 

Number of EDU’s

1,230.3

Total Project Cost

$61,800,000

Grants

Enhanced WIIA Grant

$25,000,000

WQIP Grant

$10,000,000

BIL Grant

$18,000,000

Other Grant

$0

Total Grant Funding (%)

86%

Loan Terms

NYS EFC Financing (30yr term, 0% Interest)

$8,800,000

USDA RD Financing (38yr term, 2.5% interest)

$0

Annual Debt Service

$234,667

Annual Debt Service Per EDU

$191

Operational Costs

Annual Town Collection O&M Cost

$139

Annual Town Collection SLA Cost

$100

Annual SOCRIS Conveyance Charge

$399

Annual SOCRIS Treatment Charge

$371

User Cost

Total Annual First Year User Cost

$1,200

Affordability

District MHI (based on 2021 Income Survey)

$45,000

User Cost Affordability Factor (% of MHI)(1)

2.67%

Notes:

  1. NYSEFC Enhanced WIIA program identifies that project financing must result in a user charge of 1.5% of MHI or greater in order to qualify for enhanced grant opportunities. USDA RD typically provide grant funds as available to eligible projects in an effort to meet a target “similar system” cost of ~1.5% of MHI.