Section 194-A. Powers of town boards with respect to certain contracts  


Latest version.
  • Upon
      the  adoption of a resolution, the town board of any town may enter into
      such contracts, as it may deem necessary, with any  person,  corporation
      or  association  for  the  purpose  of  ensuring  that  the  cost of any
      improvement district will  not  constitute  an  undue  burden  upon  the
      property  within  such  district  and may require the filing of a surety
      bond or bonds or the deposit of cash or securities with the  town  board
      to ensure the performance of such contracts.