Section 36.00. Bond resolution subject to permissive referendum; villages

a. A bond resolution adopted by the finance board of a village shall  be
  subject  to  a permissive referendum or such resolution may be submitted
  to a referendum by such finance board on its own motion, in  the  manner
  prescribed  in  article nine of the village law, as amended from time to
  time. The foregoing provisions of this paragraph shall not  apply  to  a
  bond resolution authorizing the issuance of bonds:
    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  a  capital improvement or equipment, of which any part of the
  cost is chargeable primarily to benefited real property.
    3. For the construction, pavement or other improvement of a street  or
  highway through such village, the cost of which is to be paid in part by
  such  village  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 village, or awards or sums payable by such village pursuant
  to  a  determination by a court, or an officer, body or agency acting in
  an administrative or quasi-judicial capacity.
    5. To provide for the construction or reconstruction of facilities for
  the conveyance, treatment and disposal of sewage required by  any  order
  of the state commissioner of health or of the water resources commission
  directing   compliance   with   standards,   determinations   or  orders
  promulgated pursuant to article twelve  of  the  public  health  law  to
  prevent pollution of the waters of the state.
    6. To provide for construction or reconstruction of facilities for the
  incineration and disposal of refuse and garbage required by any order of
  the  commissioner  of  health, the air pollution control board or county
  health commissioner directing compliance with standards,  determinations
  or  orders promulgated pursuant to article twelve-A of the public health
  law or pursuant to a local law, ordinance or regulation of the governing
  body of a county, which complies with at least  the  minimum  applicable
  requirements  set  forth  in  any  code,  rule or regulation promulgated
  pursuant to article twelve-A  of  the  public  health  law  to  prevent,
  control or prohibit pollution of the air resources of the state.
    b.  The  expenditure  of  money  for  which  it  is  proposed to issue
  obligations shall not be subject to a permissive or mandatory referendum
  in any village.