Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Infrastructure topic
No spam. Unsubscribe anytime.
Board approves intermunicipal agreement with Town of Milton for expanded Water District No. 3; mayor cites ~$400,000 debt
Summary
Trustees approved an intermunicipal agreement with the Town of Milton to expand Water District No. 3 and its pump-house function; the mayor said the project will likely require about $400,000 in debt to be repaid over roughly 20 years, with new units bearing much of the cost.
The Village of Ballston Spa Board of Trustees on Jan. 1 approved an intermunicipal agreement with the Town of Milton related to Milton Water District No. 3, authorizing the mayor to execute the agreement.
Mayor described the action as an expansion and amendment of an existing district, including pump‑house functionality and an extension that will bring new customers online. "The total is probably about $400,000 that will have to be debt incurred," the mayor said, adding the village will likely take on the debt and be repaid by the town through recovery mechanisms and normal water payments. The mayor said the new roughly 500 units coming online for Milltown Center are expected to form the bulk of the repayment over approximately 20 years.
Trustees voted to approve the intermunicipal agreement; the mayor said the motion carried unanimously "for the record." The board discussed who would be responsible for different elements of the system and noted the agreement spells out responsibilities.
Next steps: implementation of the intermunicipal agreement, debt issuance and long‑term repayment arrangements as spelled out in the agreement; the town's internal approvals were raised during public comment but the transcript does not record whether Milton had completed its approval process at the time of the vote.
