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15-2125—Operation and maintenance charges.
1. The board shall make an estimate of an amount sufficient to
pay the
expense of the maintenance and operation of the works erected hereunder,
including interest on temporary certificates of indebtedness issued
prior to the effective date of the Local Finance Law. If lands
in the
forest preserve have been used, such estimate shall include in
addition
a reasonable return to the state upon the value of the rights and
property of the state used and the services of the state rendered.
A
reasonable return to the state upon the value of the rights and
property
of the state used shall mean six per cent upon the value of the
lands
flowed, exclusive of merchantable timber and salable wood removed
therefrom for which the state shall have been paid as provided
by
subdivision 8 of section 15-2119 hereof. The value of the services
of
the state rendered shall be construed to mean the actual cost thereof.
2. Any amount so estimated shall be the estimated amount required
for
such purposes each year, and when fixed and determined as herein
provided shall be the amount thereof for a period of three years.
The
amount shall be readjustable at the end of any three-year term.
The
amount less any part thereof to be paid by the state shall be
the amount
to be annually collected for such purposes, and shall be apportioned
upon the public corporations and real estate benefited according
to the
benefits derived therefrom respectively, and shall be levied,
assessed
and collected in the same manner as the cost and expenses of
the
reservoir are herein provided to be levied, assessed and collected. 3. Such estimates and determinations as from time to time fixed
and
determined by the board may upon application of any party affected
thereby be reviewed in the manner provided by article seventy-eight
of
the Civil Practice Law and Rules by the Supreme Court of the
judicial
district in which the reservoir is located. Upon the hearing
on such
application for review, the court shall take the testimony and
other
proofs of the parties and may make an order affirming, vacating
or
modifying any such estimate and determination. |