[HISTORY: Adopted by the Council of the City of Beacon 7-18-1994 by L.L. No. 9-1994. Amendments noted where applicable.]
GENERAL REFERENCES
Zoning — See Ch. 223.
The petition[1] of Polo Fields Investment Limited Partnership complies with the requirements of Article 17 of the General Municipal Law and is found to have been properly executed by qualified persons.
[1]
Editor's Note: Said petition is on file in the office of the City Clerk.
The public hearing on this petition reveals no credible evidence that the annexation is not in the overall public interest.
Both the City of Beacon and the Town of Fishkill find the annexation to be in the overall public interest and in the interests of the City and the town respectively, and of the owners of the lands that are the subject of the annexation petition in that:
A. 
The annexation will facilitate the connection of Polo Fields to Beacon water and sewer services, which utilities would not be available to the Polo Fields absent the annexation.
B. 
The annexation will facilitate the construction of new water and sewer improvements beyond the boundaries of the Polo Fields in the Dutchess Junction area, which is an area presently in need of such improvement.
C. 
After the annexation of the Polo Fields property and the associated annexation of the property owned by Eastone Associates nearby, property tax revenues will remain substantially the same for the City and the town, with the town experiencing a small loss of $6,322. This loss will be offset by a $22,500 payment of recreation fees in the town. Moreover, notwithstanding any loss of property tax revenue to the town, the benefit to the public arising from the availability of sewer and water to areas as a result of this action is significant and offsets the loss of taxes estimated on record.
D. 
The construction of the Polo Fields project will result in the construction of a new firehouse for the Dutchess Junction Fire Company at no cost to the taxpayer.
E. 
When the Polo Fields Development is occupied, residents of the development will spend money in both the City of Beacon and the Town of Fishkill, which will increase Dutchess County sales tax revenues and is anticipated to increase the share of sales tax revenues to each municipality.
F. 
It is anticipated that many of the residents of the Polo Fields project will work outside Dutchess County, meaning the money spent by these residents in Dutchess County will be earned elsewhere.
G. 
Annexation of part of Polo Fields into the City of Beacon will increase property tax revenues to the City of Beacon, and will permit the improvement of the area of Polo Fields that remains in Fishkill, resulting in increased assessments overall.
Beacon and Fishkill shall execute agreements for the provision of water and sewer to the entire Polo Fields Development. The findings contained herein are subject to these agreements being fully approved and executed by the City Council and the Town Board. This local law and the annexation are contingent on the execution of these agreements.
Property taxes due to the City and the town will be adjusted pro rata to account for the change of taxable status after the taxable status date as that term is defined in the Real Property Tax Law.
The town will continue to maintain Slocum Road.
Pursuant to § 714 of the General Municipal Law, a public hearing is not required prior to the enactment of this local law. A referendum is not required, since there are no owner-residents in the area being annexed.
This local law will become effective upon the execution of the aforesaid water and sewer agreements between the City and the town and the filing of this local law with the Secretary of State.
The zoning designation of this annexed area shall be set forth in a separate local law enacted by the City Council of the City of Beacon.
The annexation described in the petition (Exhibit A) is approved; and it is ordered that the consent and approval of the City Council of the City of Beacon is hereby granted to the annexation of the area described in the petition (Exhibit A).