LCO No. 5509 1 of 19 General Assembly Raised Bill No. 6640 January Session, 2021 LCO No. 5509 Referred to Committee on PLANNING AND DEVELOPMENT Introduced by: (PD) AN ACT CONCERNING TH E CEDAR HILLS INFRASTRUCTURE IMPROVEMENT DISTRICT . Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. Section 1 of special act 15-16 is amended to read as follows 1 (Effective from passage): 2 (a) For purposes of this section: 3 (1) "District" means that certain real property, situated in the town of 4 North Haven, the county of New Haven and the state of Connecticut, 5 the Cedar Hills Infrastructure Improvement District, a body politic and 6 corporate, subject to sections 7-324 to 7-329, inclusive, of the general 7 statutes, except as otherwise provided in this section and consisting of 8 the area bounded and described as follows: All that certain piece or 9 parcel of land with the buildings thereon standing, situated in the town 10 of North Haven, county of New Haven and state of Connecticut, more 11 particularly bounded and described as follows: Beginning at a point on 12 the westerly line of land now or formerly of Conrail, said point being 13 the northeasterly most point of the parcel herein described, and located 14 at North 187,664.0573 East 566,341.8771 of the Connecticut state plane 15 Raised Bill No. 6640 LCO No. 5509 2 of 19 coordinate system (NAD27); thence running N 58°24'57" W a distance 16 of 288.93 feet along lands now or formerly of Bartram Realty Co., Inc. 17 Exit Nine Ltd. partnership, and Michael Schiavone each in part to a 18 point; thence running along land now or formerly of the state of 19 Connecticut, S 37°08'46" W a distance of 714.93 feet to a point; thence 20 running the following courses and distances along land now or formerly 21 of Amtrak: S 53°31'42" E a distance of 50.00 feet to a point; S 36°28'18" W 22 a distance of 770.00 feet to a point; S 37°35'53" W a distance of 1050.12 23 feet to a point; along a curve to the left, with an arc length of 81.88 feet, 24 a radius of 521.14 feet, delta 09°00'08" to a point; S 28°35'45" W a distance 25 of 335.00 feet to a point; S 26°38'12" W a distance of 968.32 feet to a point; 26 along a curve to the right, with an arc length of 337.56 feet, a radius of 27 2296.39 feet, delta 08°25'20" to a point; S 37°42'34" W a distance of 624.49 28 feet to a point; S 43°02'53" W a distance of 41.32 feet to a point; S 52°24'11" 29 E a distance of 30.14 feet to a point; S 46°38'25" W a distance of 486.97 30 feet to a point; along a curve to the right, with an arc length of 163.54 31 feet, a radius of 605.28 feet, delta 15°28'25" to a point; along a curve to 32 the right, with an arc length of 243.59 feet, a radius of 808.24 feet, delta 33 17°16'04" to a point; S 80°52'59" W a distance of 174.96 feet to a point; S 34 87°07'09" W a distance of 302.64 feet to a point; along a curve to the right, 35 with an arc length of 726.72 feet, a radius of 753.32 feet, delta 55°16'22" 36 to a point; along a curve to the right, with an arc length of 223.65 feet, a 37 radius of 628.85 feet, delta 20°22'37" to a point; along a curve to the right, 38 with an arc length of 162.88 feet, a radius of 1656.17 feet, delta 05°38'06" 39 to a point; along a curve to the right, with an arc length of 182.57 feet, a 40 radius of 797.70 feet, delta 13°06'48" to a point on the town line between 41 North Haven and New Haven; thence running along said town line N 42 81°05'05" E a distance of 366.37 feet to a point; thence running the 43 following courses and distances along land now or formerly of Conrail: 44 N 38°08'31" E a distance of 697.88 feet to a point; along a curve to the 45 left, with an arc length of 86.37 feet, a radius of 538.71 feet, delta 46 09°11'12" to a point; N 28°57'20" E a distance of 616.49 feet to a point; 47 along a curve to the right, with an arc length of 126.06 feet, a radius of 48 775.87 feet, delta 09°18'34" to a point; N 38°15'52" E a distance of 775.50 49 feet to a point; N 37°55'13" E a distance of 423.74 feet to a point; along a 50 Raised Bill No. 6640 LCO No. 5509 3 of 19 curve to the left, with an arc length of 276.83 feet, a radius of 1700.00 51 feet, delta 09°19'48" to a point; N 28°35'25" E a distance of 789.68 feet to 52 a point; N 28°13'24" E a distance of 852.15 feet to a point; along a curve 53 to the left, with an arc length of 465.94 feet, a radius of 4000.11 feet, delta 54 06°40'26" to a point; N 22°25'26" E a distance of 292.92 feet to a point; 55 along a curve to the right, with an arc length of 259.16 feet, a radius of 56 1595.77 feet, delta 09°18'18" to a point; N 31°15'55" E a distance of 858.05 57 feet to the point and place of beginning; said parcel containing 364,216 58 square feet or 83.57 acres of land in total; plus land now or formerly of 59 Exit Nine Ltd. partnership as described below: Commencing at a point 60 on the westerly line of land now or formerly of Conrail, said point being 61 the southwesterly most point of the parcel previously described, and 62 located at North 187,664.0573 East 566,341.8771 of the Connecticut state 63 plane coordinate system (NAD27); thence running N 58°24'57" W a 64 distance of 190.45 feet along land now or formerly of Bartram Realty Co., 65 Inc. to the point of beginning; thence running the following courses and 66 distances along land now or formerly of Bartram Realty Co., Inc.: Along 67 a curve to the left, with an arc length of 358.46 feet, a radius of 566.00 68 feet, delta 36°17'12" to a point; N 08°28'02" W a distance of 630.01 feet to 69 a point; along a curve to the right, with an arc length of 189.22 feet, a 70 radius of 506.00 feet, delta 21°25'33" to a point; N 12°57'30" E a distance 71 of 598.48 feet to a point; S 77°02'30" E a distance of 10.00 feet to a point; 72 along a curve to the right, with an arc length of 294.18 feet, a radius of 73 444.16 feet, delta 37°56'55" to a point; N 50°54'24" E a distance of 4.10 feet 74 to a point; N 46°36'55" E a distance of 74.51 feet to a point on the 75 southerly street line of Universal Drive; thence along said southerly 76 street line of Universal Drive, along a curve to the right, with an arc 77 length of 357.23, a radius of 566.98, delta 36°05'59" to a point; thence 78 running the following courses and distances along land now or formerly 79 of Michael Schiavone: S 12°37'30" W a distance of 1212.63 feet to a point; 80 along a curve to the left, with an arc length of 215.39 feet, a radius of 81 576.00 feet, delta 21°25'31" to a point; S 08°28'02" E a distance of 630.01 82 feet to a point; along a curve to the right, with an arc length of 309.22 83 feet, a radius of 496.00 feet, delta 35°45'16" to a point; thence S 58°24'57" 84 E a distance of 70.25 feet along the previous described parcel to the point 85 Raised Bill No. 6640 LCO No. 5509 4 of 19 and place of beginning. The parcel herein described contains 189,865 86 square feet or 4.36 acres of land. Said parcel is more particularly 87 depicted on map titled "Subdivision Plan, Consolidated Rail Corp. 88 (Conrail), Penn Central Co. (Amtrak) – Celevon Corp., Nicesca, LLC – 89 agent, New Haven / North Haven, Connecticut" sheets 1-3 of 3. Date: 90 12/29/97 rev to 8/9/98. Scale: as noted. Said map prepared by Clarence 91 Blair Associates, Inc. The project boundaries shall [also] include any off-92 site locations mandated by any permitting agency for improvements 93 associated with the project, including, but not limited to, locations 94 providing ingress and egress, and locations associated with any plan of 95 development established by the district. 96 (2) "Voter" means (A) any person who is an elector of the district, (B) 97 any citizen of the United States of the age of eighteen years or more who, 98 jointly or severally, is liable to the district for taxes assessed against such 99 citizen on an assessment of not less than one thousand dollars on the 100 last-completed grand list of such district, as the case may be, or who 101 would be so liable if not entitled to an exemption under subdivision (17), 102 (19), (22), (23) or (26) of section 12-81 of the general statutes, or (C) any 103 holder of record of a fee simple interest in real property within the 104 district. 105 (3) "Bonds" means bonds, notes or other obligations authorized by 106 this section, and refunding bonds, notes or other obligations to refinance 107 the same. 108 (b) (1) Upon the petition of fifteen or more persons eligible to vote in 109 the town of North Haven, specifying the district for any or all of the 110 purposes set forth in this section, the selectmen of such town shall call a 111 meeting of the voters to act upon such petition, which meeting shall be 112 held at such place within such town and such hour as the selectmen 113 designate, not later than thirty days after such petition has been received 114 by the selectmen. Such meeting shall be called by publication of a 115 written notice of the same, signed by the selectmen, at least fourteen 116 days before the time fixed for such meeting in two successive issues of 117 some newspaper published or circulated in such town. Not later than 118 Raised Bill No. 6640 LCO No. 5509 5 of 19 twenty-four hours before such meeting, (A) two hundred or more voters 119 or ten per cent of the total number of voters of such proposed district, 120 whichever is less, may petition the selectmen, in writing, for a 121 referendum of the voters of such proposed district, or (B) the selectmen 122 in their discretion may order a referendum of the voters of such 123 proposed district, on the sole question of whether the proposed district 124 should be established. Any such referendum shall be held not less than 125 seven or more than fourteen days after the receipt of such petition or the 126 date of such order, on a day to be set by the selectmen for a vote by paper 127 ballots or by a "yes" or "no" vote on the voting machines, during the 128 hours between twelve o'clock noon and eight o'clock p.m.; except that 129 such town may, by vote of the voters of such proposed district, provide 130 for an earlier hour for opening the polls but not earlier than six o'clock 131 a.m., notwithstanding the provisions of any special act. If voters 132 representing at least two-thirds of the assessments of holders of record 133 within the proposed district cast votes in such referendum in favor of 134 establishing the proposed district, the selectmen shall reconvene such 135 meeting not later than seven days after the day on which the referendum 136 is held. Upon approval of the petition for the proposed district by voters 137 representing at least two-thirds of the assessments of holders of record 138 within the proposed district present at such meeting, or if a referendum 139 is held, upon the reconvening of such meeting after the referendum, the 140 voters, upon the vote of voters representing a majority of assessments 141 of holders of record within the proposed district, shall choose necessary 142 officers therefor to hold office until the first annual meeting thereof; and 143 the district shall, upon the filing of the first report filed in the manner 144 provided in subsection (c) of section 7-325 of the general statutes, 145 thereupon be a body corporate and politic and have the powers 146 provided in sections 7-324 to 7-329, inclusive, of the general statutes, not 147 inconsistent with the general statutes or this section, in relation to the 148 objects for which it was established, that are necessary for the 149 accomplishment of such objects, including the power to lay and collect 150 taxes. The clerk of such district shall cause its name and a description of 151 its territorial limits and of any additions that may be made thereto to be 152 recorded in, and a caveat be placed upon, the land records of the town 153 Raised Bill No. 6640 LCO No. 5509 6 of 19 of North Haven. 154 (2) At the meeting called for the purpose of establishing the district 155 as provided in subdivision (1) of this subsection, the voters may 156 establish the district for any or all of the following purposes: To 157 extinguish fires, to light streets, to plant and care for shade and 158 ornamental trees, to plan, lay out, acquire, construct, maintain and 159 finance railway infrastructure, roads, sidewalks, crosswalks, drains, 160 sewers and sewage treatment facilities, utility infrastructure, 161 improvements and connections, parking facilities, open space, bulkhead 162 repairs, dredging and construction, environmental remediation and 163 other infrastructure improvements and to acquire, construct, maintain 164 and regulate the use of recreational facilities, to plan, lay out, acquire, 165 construct, reconstruct, repair, maintain, supervise and manage a flood 166 or erosion control system, and to plan, lay out, acquire, construct, 167 maintain, operate, finance and regulate the use of a community water 168 system, all as hereinafter referred to as the "improvements". The district 169 may contract with a town, city, borough or other district for carrying out 170 any of the purposes or the purchase or sale of any of the improvements 171 for which such district was established. 172 (3) At the meeting called for the purpose of establishing the district 173 as provided in subdivision (1) of this subsection, the voters shall fix the 174 date of the annual meeting of the voters for the election of the board of 175 directors and officers for the district and the transaction of such other 176 business as may properly come before such annual meeting. At such 177 organizational meeting of the district, the voters shall elect four 178 directors. The four directors first elected shall be designated to serve 179 terms of one, two, three and four years, respectively, and the directors 180 elected thereafter shall serve for terms of four years. Upon its 181 organization and at all times thereafter, one additional director may be 182 appointed by the first selectman of the town of North Haven. From such 183 directors, the voters shall elect at the organizational meeting a president, 184 a vice-president, a clerk and a treasurer to serve until the first annual 185 meeting for the election of officers and thereafter such officers shall be 186 elected annually. Not fewer than three members of the board of 187 Raised Bill No. 6640 LCO No. 5509 7 of 19 directors shall be residents of the state of Connecticut. Subject to the 188 provisions of subdivision (4) of this subsection, (A) not fewer than 189 [fifteen] two-thirds of the voters of the district shall constitute a quorum 190 for the transaction of business at such organizational meeting of the 191 district; and (B) if [fifteen] two-thirds of the voters are not present at 192 such meeting, the selectmen may adjourn such meeting from time to 193 time, until at least [fifteen] two-thirds of the voters are present. Special 194 meetings of the district may be called on the application of ten per cent 195 of the total number of voters of such district or twenty of the voters of 196 such district, whichever is less, or by the president or any three directors 197 upon giving notice as provided in this subdivision. Any special meeting 198 called on the application of the voters shall be held not later than twenty-199 one days after receiving such application. Notice of the holding of the 200 annual meeting and all special meetings shall be given by publication of 201 a notice of such meetings in a newspaper having a general circulation in 202 such district at least ten days before the day of such meetings, signed by 203 the president or any three directors, which notice shall designate the 204 time and place of such meetings and the business to be transacted 205 thereat. Two hundred or more persons or ten per cent of the total 206 number of voters of such district, whichever is less, may petition the 207 clerk of such district, in writing, at least twenty-four hours prior to any 208 such meeting, requesting that any item or items on the call of such 209 meeting be submitted to the voters not less than seven or more than 210 fourteen days thereafter, on a day to be set by the district meeting or, if 211 the district meeting does not set a date, by the board of directors, for a 212 vote by paper ballots or by a "yes" or "no" vote on the voting machines, 213 during the hours between twelve o'clock noon and eight o'clock p.m., 214 except that the district may, by vote of its board of directors, provide for 215 an earlier hour for opening the polls but not earlier than six o'clock a.m. 216 The paper ballots or voting machine ballot labels, as the case may be, 217 shall be provided by the clerk. When such a petition has been filed with 218 the clerk, the president, after completion of other business and after 219 reasonable discussion shall adjourn such meeting and order such vote 220 on such item or items in accordance with the petition, and any item so 221 voted may be rescinded in the same manner. The clerk shall phrase such 222 Raised Bill No. 6640 LCO No. 5509 8 of 19 item or items in a form suitable for printing on such paper ballots or 223 ballot labels. Subject to the provisions of subdivision (4) of this 224 subsection, (i) not fewer than [fifteen] two-thirds of the voters of the 225 district shall constitute a quorum for the transaction of business at any 226 meeting of the district; (ii) if [fifteen] two-thirds of the voters are not 227 present at such meeting, the president of the district or, in such 228 president's absence, the vice-president, may adjourn such meeting from 229 time to time, until at least [fifteen] two-thirds of the voters are present; 230 and (iii) all meetings of the district where a quorum is present may be 231 adjourned from time to time by a vote of a majority of the voters voting 232 on the question. At any annual or special meeting, the voters may, by a 233 majority vote of those present, discontinue any purposes for which the 234 district is established or undertake any additional purpose or purposes 235 enumerated in subdivision (2) of this subsection. 236 (4) (A) A quorum for the transaction of business at the meeting called 237 for the purpose of establishing the district, as provided in subdivisions 238 (1) and (3) of this subsection, shall be either [fifteen] two-thirds of the 239 voters of such district or a majority of the holders of record of interests 240 in real property within such district, as long as the assessments of such 241 holders of record constitute more than one-half of the total of 242 assessments for all interests in real property within such district. If 243 [fifteen] two-thirds of the voters or a majority of the holders of record of 244 interests in real property within such district are not present at such 245 meeting or the assessments of such holders of record constitute less than 246 one-half of the total of assessments for all interests in real property 247 within such district, the selectmen may adjourn such meeting, from time 248 to time, until at least [fifteen] two-thirds of the voters or a majority of 249 the holders of record of interests in real property within such district are 250 present and the assessments of such holders of record constitute more 251 than one-half of the total of assessments for all interests in real property 252 within such district. 253 (B) For the transaction of business at any other meeting of the district, 254 a quorum shall be either [fifteen] two-thirds of the voters of the district 255 or a majority of the holders of record of interests in real property within 256 Raised Bill No. 6640 LCO No. 5509 9 of 19 such district, as long as the assessments for such holders of record 257 constitute more than one-half of the total of assessments for all interests 258 in real property within such district. If [fifteen] two-thirds of the voters 259 or a majority of the holders of record of interests in real property within 260 such district are not present at such meeting or the assessments of such 261 holders of record constitute less than one-half of the total assessments 262 for all interests in real property within such district, the president of the 263 district or, in such president's absence, the vice-president, may adjourn 264 such meeting, from time to time, until at least [fifteen] two-thirds of the 265 voters or a majority of the holders of record of interests in real property 266 within such district are present and the assessments of such holders of 267 record constitute more than one-half of the total of assessments for all 268 interests in real property within such district. All actions, resolutions 269 and proceedings at any annual or special meeting of the district where 270 a quorum is present shall require a majority vote of (i) the voters present 271 and voting, and (ii) the property owners representing at least one-half 272 of the assessments of holders of record of a fee simple interest in real 273 property within the district, present and voting. 274 (5) In any case in which an action for a vote by the voters of the district 275 is to be initiated by the petition of such voters, in addition to such other 276 requirements as the general statutes or any special act may impose, such 277 petition shall be on a form prescribed or approved by the clerk of such 278 district, and each page of such petition shall contain a statement, signed 279 under penalties of false statement, by the person who circulated the 280 same, setting forth such circulator's name and address, and stating that 281 each person whose name appears on said page signed the same in 282 person in the presence of such circulator, that the circulator either knows 283 each such signer or that the signer satisfactorily identified himself to the 284 circulator and that all the signatures on said page were obtained not 285 earlier than six months prior to the filing of said petition. Any page of a 286 petition that does not contain such a statement by the circulator shall be 287 invalid. Any circulator who makes a false statement in the statement 288 hereinbefore provided shall be subject to the penalty provided for false 289 statement. No petition shall be valid for any action for a vote by the 290 Raised Bill No. 6640 LCO No. 5509 10 of 19 voters at any regular or special district meeting unless such petition 291 shall be circulated by a voter eligible to vote in such district. 292 (6) Once formed, the district shall not be required to comply with the 293 provisions of subdivisions (1) to (5), inclusive, of this subsection until 294 such time as it authorizes the issuance of bonds or makes application for 295 the subdivision or development of land within the district. 296 (c) Whenever the officers of such district vote to terminate its 297 corporate existence and whenever a petition signed by ten per cent of 298 the total voters of such district or twenty of the voters of such district, 299 whichever is less, applying for a special meeting to vote on the 300 termination of the district is received by the clerk, the clerk shall call a 301 special meeting of the voters of such district, the notice of which shall 302 be signed by the officers thereof, by advertising the same in the same 303 manner as provided in section 7-325 of the general statutes. Not later 304 than twenty-four hours before any such meeting, two hundred or more 305 voters or ten per cent of the total number of voters, whichever is less, 306 may petition the clerk of the district, in writing, that a referendum on 307 the question of whether the district should be terminated be held in the 308 manner provided in section 7-327 of the general statutes. If, at such 309 meeting, a two-thirds majority of the voters present vote to terminate 310 the corporate existence of the district, or, if a referendum is held, two-311 thirds of the voters casting votes in such referendum vote to terminate 312 the corporate existence of the district, the officers shall proceed to 313 terminate the affairs of such district. The district shall pay all 314 outstanding indebtedness and turn over the balance of the assets of such 315 district to the town of North Haven, if the legislative body of the town 316 authorizes such action. No district shall be terminated under this 317 subsection until all of its outstanding indebtedness is paid unless the 318 legislative body of the town of North Haven agrees, in writing, to 319 assume such indebtedness. On completion of the duties of the officers 320 of such district, the clerk shall cause a certificate of the vote of such 321 meeting to be recorded in the land records of the town of North Haven 322 and the clerk shall notify the Secretary of the Office of Policy and 323 Management. 324 Raised Bill No. 6640 LCO No. 5509 11 of 19 (d) (1) For purposes of voting at meetings held by such district, any 325 tenant in common of any interest in real property shall have a vote equal 326 to the fraction of such tenant in common's ownership of such interest. 327 Any joint tenant of any interest in real property shall vote as if each such 328 tenant owned an equal fractional share of such real property. A 329 corporation shall have its vote cast by the chief executive officer of such 330 corporation, or such officer's designee. Any entity that is not a 331 corporation shall have its vote cast by a person authorized by such entity 332 to cast its vote. An owner shall be entitled to cast one vote, or a fractional 333 vote, as applicable, for each property that it owns within the district. 334 (2) No holder of record of a fee simple interest in real property shall 335 be precluded from participating in any district meeting or referendum 336 because of the form of entity that holds such interest, whether such 337 holder of record is (A) a corporation, partnership, unincorporated 338 association, trustee, fiduciary, guardian, conservator or other form of 339 entity, or any combination thereof, or (B) an individual who holds 340 interests jointly or in common with another individual or individuals, 341 or with any one or more of the entities listed in subparagraph (A) of this 342 subdivision. 343 (e) Notwithstanding any provision of the general statutes, including 344 sections 7-324 to 7-329, inclusive, of the general statutes, the district shall 345 have the power to assess, levy and collect benefit assessments upon the 346 land and buildings in the district that, in its judgment, are benefited by 347 the improvements. 348 (f) (1) Notwithstanding any provision of the general statutes, 349 including sections 7-324 to 7-329, inclusive, of the general statutes, the 350 district shall have the power to fix, revise, charge, collect, abate and 351 forgive reasonable taxes, fees, rents and benefit assessments, and other 352 charges for the cost of the improvements, financing costs, operating 353 expenses and other services and commodities furnished or supplied to 354 the real property in the district in accordance with the applicable 355 provisions of the general statutes that apply to districts established 356 under section 7-325 of the general statutes, and this section and in the 357 Raised Bill No. 6640 LCO No. 5509 12 of 19 manner prescribed by the district. Notwithstanding any provision of the 358 general statutes, the district may make grants for, or pay the entire cost 359 of any improvements, including the costs of financing such 360 improvements, capitalized interest and the funding of any reserve funds 361 necessary to secure such financing or the debt service of bonds or notes 362 issued to finance such costs, from taxes, fees, rents, benefit assessments 363 or other revenues and may assess, levy and collect said taxes, fees, rents 364 or benefit assessments concurrently with the issuance of bonds, notes or 365 other obligations to finance such improvements based on the estimated 366 cost of the improvements prior to the acquisition or construction of the 367 improvements or upon the completion or acquisition of the 368 improvements. The district and the town of North Haven are authorized 369 to enter into an agreement to share revenue in accordance with section 370 7-148bb of the general statutes. 371 (2) Notwithstanding any provision of the general statutes, whenever 372 the district or the town constructs, improves, extends, equips, 373 rehabilitates, repairs, acquires or provides a grant for any improvements 374 or finances the cost of such improvements, such proportion of the cost 375 or estimated cost of the improvements and financing thereof, as 376 determined by the district, may be assessed by the district, herein 377 referred to as "benefit assessments", in the manner prescribed by such 378 district, upon the property benefited by such improvements and the 379 balance of such costs shall be paid from the general funds of the district. 380 The district may provide for the payment of such benefit assessments in 381 annual installments, not exceeding thirty, and may forgive such benefit 382 assessments in any single year without causing the remainder of 383 installments of benefit assessments to be forgiven. Benefit assessments 384 to buildings or structures constructed or expanded after the initial 385 benefit assessment may be assessed as if the new or expanded buildings 386 or structures had existed at the time of the original benefit assessment. 387 It is hereby determined that the costs of the improvements benefiting 388 the district whether located within the district or in the town of North 389 Haven are a benefit to all the property within the district. 390 (3) In order to provide for the collection and enforcement of its taxes, 391 Raised Bill No. 6640 LCO No. 5509 13 of 19 fees, rents, benefit assessments and other charges, the district is hereby 392 granted all the powers and privileges with respect thereto as districts 393 organized pursuant to section 7-325 of the general statutes, and as held 394 by the town of North Haven or as otherwise provided in this section. 395 Such taxes, fees, rents or benefit assessments, if not paid when due, shall 396 constitute a lien upon the premises served and a charge against the 397 owners thereof, which lien and charge shall bear interest at the same 398 rate as delinquent property taxes. Each such lien may be continued, 399 recorded and released in the manner provided for property tax liens in 400 chapter 12 of the general statutes and shall take precedence over all 401 other liens or encumbrances except a lien for taxes of the town of North 402 Haven. 403 (4) The budget, taxes, fees, rents, benefit assessments and any other 404 charges of the district of general application shall be adopted and 405 revised by the board of directors at least annually not more than thirty 406 days before the beginning of the fiscal year, in accordance with the 407 procedures to be established by the board, at a meeting called by the 408 board, ensuring that interested persons are afforded notice and an 409 opportunity to be heard. The board shall hold at least two public 410 hearings on its schedule of fees, rates, rents, benefit assessments and 411 other charges or any revision thereof before adoption, notice of which 412 shall be delivered to the selectmen of the town of North Haven and be 413 published in at least two newspapers of general circulation in the town 414 of North Haven at least ten days in advance of the hearing. Not later 415 than the date of the publication, the board shall make available to the 416 public and deliver to the selectmen of the town of North Haven the 417 proposed schedule of fees, rates, rents, benefit assessments and other 418 charges. The procedures regarding public hearing and appeal, provided 419 by section 7-250 of the general statutes, shall apply for all benefit 420 assessments made by the district, except that the board shall be 421 substituted for the water pollution control authority. Should the benefit 422 assessments be assessed and levied prior to the acquisition or 423 construction of the improvements, then the amount of the benefit 424 assessments shall be adjusted to reflect the actual cost of the 425 Raised Bill No. 6640 LCO No. 5509 14 of 19 improvements, including all financing costs, once the improvements 426 have been completed, should the actual cost be greater than or less than 427 the estimated costs. Benefit assessments shall be due and payable at 428 such times as are fixed by the board, provided the district shall give 429 notice of such due date not less than thirty days prior to such due date 430 by publication in a newspaper of general circulation in the town of 431 North Haven and by mailing such notice to the owners of the property 432 assessed at their last-known address. 433 (g) (1) Notwithstanding any provision of the general statutes, 434 including sections 7-324 to 7-329, inclusive, of the general statutes, 435 whenever the district has authorized the acquisition or construction of 436 the improvements or has made an appropriation therefor, the district 437 may authorize the issuance of bonds, notes or other obligations to 438 finance the cost of the improvements, the creation and maintenance of 439 reserves required to sell the bonds and the cost of issuance of the bonds, 440 provided no bonds shall be issued prior to the district entering into an 441 interlocal agreement with the town of North Haven, in accordance with 442 the procedures provided by section 7-339c of the general statutes, 443 including at least one public hearing on the proposed agreement and 444 ratification by the legislative body of the town of North Haven. The 445 bonds may be secured as to principal or interest by (A) the full faith and 446 credit of the district, (B) fees, revenues or benefit assessments, or (C) a 447 combination of subparagraphs (A) and (B) of this subdivision. Such 448 bonds shall be authorized by resolution of the board of directors. The 449 district is authorized to secure such bonds by the full faith and credit of 450 the district or by a pledge of or lien on all or part of its revenues, fees or 451 benefit assessments. The bonds of each issue shall be dated, shall bear 452 interest at the rates and shall mature at the time or times not exceeding 453 thirty years from their date or dates, as determined by the board, and 454 may be redeemable before maturity, at the option of the board, at the 455 price or prices and under the terms and conditions fixed by the board 456 before the issuance of the bonds. The board shall determine the form of 457 the bonds, and the manner of execution of the bonds, and shall fix the 458 denomination of the bonds and the place or places of payment of 459 Raised Bill No. 6640 LCO No. 5509 15 of 19 principal and interest, which may be at any bank or trust company 460 within the state of Connecticut and other locations as designated by the 461 board. In case any officer whose signature or a facsimile of whose 462 signature shall appear on any bonds or coupons shall cease to be an 463 officer before the delivery of the bonds, the signature or facsimile shall 464 nevertheless be valid and sufficient for all purposes the same as if the 465 officer had remained in office until the delivery. 466 (2) While any bonds issued by the district remain outstanding, the 467 powers, duties or existence of the district shall not be diminished or 468 impaired in any way that will affect adversely the interests and rights of 469 the holders of the bonds. Bonds issued under this section, unless 470 otherwise authorized by law, shall not be considered to constitute a debt 471 of the state of Connecticut or the town of North Haven, or a pledge of 472 the full faith and credit of the state of Connecticut or the town of North 473 Haven, but the bonds shall be payable solely by the district or as special 474 obligations payable from particular district revenues. Any bonds issued 475 by the district shall contain on their face a statement to the effect that 476 neither the state of Connecticut nor the town of North Haven shall be 477 obliged to pay the principal of or the interest thereon, and that neither 478 the full faith and credit or taxing power of the state of Connecticut nor 479 the town of North Haven is pledged to the payment of the bonds. All 480 bonds issued under this section shall have and are hereby declared to 481 have all the qualities and incidents of negotiable instruments, as 482 provided in title 42a of the general statutes. 483 (h) (1) The board of directors may authorize that the bonds be secured 484 by a trust agreement by and between the district and a corporate trustee, 485 which may be any trust company or bank having the powers of a trust 486 company within the state of Connecticut. The trust agreement may 487 pledge or assign the revenues. Either the resolution providing for the 488 issuance of bonds or the trust agreement may contain covenants or 489 provisions for protecting and enforcing the rights and remedies of the 490 bondholders as may be necessary, reasonable or appropriate and not in 491 violation of law. 492 Raised Bill No. 6640 LCO No. 5509 16 of 19 (2) All expenses incurred in carrying out the trust agreement may be 493 treated as a part of the cost of the operation of the district. (A) The pledge 494 by any trust agreement or resolution shall be valid and binding from 495 time to time when the pledge is made; (B) the revenues or other moneys 496 so pledged and then held or thereafter received by the board shall 497 immediately be subject to the lien of the pledge without any physical 498 delivery thereof or further act; and (C) the lien of the pledge shall be 499 valid and binding as against all parties having claims of any kind in tort, 500 contract or otherwise against the district, irrespective of whether the 501 parties have notice thereof. Notwithstanding any provision of the 502 Uniform Commercial Code, neither this subsection, the resolution or 503 any trust agreement by which a pledge is created need be filed or 504 recorded except in the records of the district, and no filing need be made 505 under title 42a of the general statutes. 506 (i) (1) Bonds issued under this section are hereby made securities in 507 which all public officers and public bodies of the state of Connecticut 508 and its political subdivisions, all insurance companies, trust companies, 509 banking associations, investment companies, executors, administrators, 510 trustees and other fiduciaries may properly and legally invest funds, 511 including capital in their control and belonging to them; and (2) such 512 bonds shall be securities that may properly and legally be deposited 513 with and received by any state or municipal officer or any agency or 514 political subdivision of the state of Connecticut for any purpose for 515 which the deposit of bonds of the state of Connecticut is now or may 516 hereafter be authorized by law. 517 (j) Bonds may be issued under this section without obtaining the 518 consent of the state of Connecticut or the town of North Haven, and 519 without any proceedings or the happening of any other conditions or 520 things other than those proceedings, conditions or things that are 521 specifically required thereof by this section, and the validity of and 522 security for any bonds issued by the district shall not be affected by the 523 existence or nonexistence of the consent or other proceedings, 524 conditions or things. 525 Raised Bill No. 6640 LCO No. 5509 17 of 19 (k) The district and all its receipts, revenues, income and real and 526 personal property shall be exempt from taxation and benefit 527 assessments and the district shall not be required to pay any tax, excise 528 or assessment to or from the state of Connecticut or any of its political 529 subdivisions. The principal and interest on bonds or notes issued by the 530 district shall be free from taxation at all times, except for estate and gift, 531 franchise and excise taxes, imposed by the state of Connecticut or any 532 political subdivision thereof, provided nothing in this section shall act 533 to limit or restrict the ability of the state of Connecticut or the town of 534 North Haven to tax the individuals and companies, or their real or 535 personal property or any person living or business operating within the 536 boundaries of the district. 537 (l) The district shall at all times keep accounts of its receipts, 538 expenditures, disbursements, assets and liabilities, which shall be open 539 to inspection by duly appointed officers or duly appointed agents of the 540 state of Connecticut or the town of North Haven. The fiscal year of the 541 district shall begin on July first and end on the following June thirtieth 542 or as otherwise established by section 7-327 of the general statutes. The 543 district shall be subject to an audit of its accounts in the manner 544 provided in the general statutes. 545 (m) (1) At such time as any construction or development activity 546 financed by bonds issued by the district is taking place, the clerk of the 547 district shall submit project activity reports quarterly to the selectmen of 548 the town of North Haven, the Secretary of the Office of Policy and 549 Management and to the chairpersons of the joint standing committee of 550 the General Assembly having cognizance of matters relating to finance, 551 revenue and bonding. 552 (2) The district shall take affirmative steps to provide for the full 553 disclosure of information relating to the public financing and 554 maintenance of improvements to real property undertaken by the 555 district. Such information shall be provided to any existing residents 556 and to all prospective residents of the district. The district shall furnish 557 each developer of a residential development within the district with 558 Raised Bill No. 6640 LCO No. 5509 18 of 19 sufficient copies of such information to provide each prospective initial 559 purchaser of property in such district with a copy, and any developer of 560 a residential development within the district, when required by law to 561 provide a public offering statement, shall include a copy of such 562 information relating to the public financing and maintenance of 563 improvements in the public offering statement. 564 (n) (1) This section shall be deemed to provide an additional, 565 alternative and complete method of accomplishing the purposes of this 566 section and exercising the powers authorized hereby and shall be 567 deemed and construed to be supplemental and additional to, and not in 568 derogation of, powers conferred upon the district by law and 569 particularly by sections 7-324 to 7-329, inclusive, of the general statutes, 570 provided insofar as the proceedings of this section are inconsistent with 571 any general statute or special act, or any resolution or ordinance of the 572 town of North Haven, this section shall be controlling. 573 (2) Except as specifically provided in this section, all other statutes, 574 ordinances, resolutions, rules and regulations of the state of Connecticut 575 and the town of North Haven shall be applicable to the property, 576 residents and businesses located in the district. Nothing in this section 577 shall in any way obligate the town of North Haven to pay any costs for 578 the acquisition, construction, equipping or operation and 579 administration of the improvements located within the district or to 580 pledge any money or taxes to pay debt service on bonds issued by the 581 district except as may be agreed to in any interlocal agreements executed 582 by the town of North Haven and the district. 583 (o) At the option of the town of North Haven by vote of the legislative 584 body, the district shall be merged into the town of North Haven, [if no] 585 and any property that is owned by the district shall be distributed to the 586 town of North Haven, if (1) once bonds are issued by the district or the 587 district commences collecting funds, the district fails to comply with its 588 obligations not later than [four years after the effective date of this 589 section] six months after the date of such failure, or (2) after the bonds 590 authorized by this section are no longer outstanding. [and any property 591 Raised Bill No. 6640 LCO No. 5509 19 of 19 that is owned by the district shall be distributed to the town of North 592 Haven.] 593 (p) This section, being necessary for the welfare of the town of North 594 Haven and its inhabitants, shall be liberally construed to effect the 595 purposes hereof. 596 This act shall take effect as follows and shall amend the following sections: Section 1 from passage SA 15-16, Sec. 1 Statement of Purpose: To modify the organization of the Cedar Hills Infrastructure Improvement District. [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]