Section 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.
    * NB Effective March 21, 2010