N.Y. GMU Law § 752

§ 752. Proposed joint consolidation agreement. 1. The governing body\nor bodies of two or more local government entities may, by joint\nresolution, endorse a proposed joint consolidation agreement for the\npurpose of commencing consolidation proceedings under this article.\n 2. The proposed joint consolidation agreement shall specify:\n (a) the name of each local government entity to be consolidated;\n (b) the name of the proposed consolidated local government entity,\nwhich name shall be such as to distinguish it from the name of any other\nlike unit of government in the state of New York (except the name of any\none of the entities to be consolidated);\n (c) the rights, duties and obligations of the proposed consolidated\nlocal government entity;\n (d) the territorial boundaries of the proposed consolidated local\ngovernment entity;\n (e) the type and/or class of the proposed consolidated local\ngovernment entity;\n (f) the governmental organization of the proposed consolidated local\ngovernment entity insofar as it concerns elected and appointed officials\nand public employees, along with a transitional plan and schedule for\nelections and appointments of officials;\n (g) a fiscal estimate of the cost of and savings which may be realized\nfrom consolidation;\n (h) each entity's assets, including, but not limited to, real and\npersonal property, and the fair value thereof in current money of the\nUnited States;\n (i) each entity's liabilities and indebtedness, bonded and otherwise,\nand the fair value thereof in current money of the United States;\n (j) terms for the disposition of existing assets, liabilities and\nindebtedness of each local government entity, either jointly, separately\nor in certain defined proportions;\n (k) terms for the common administration and uniform enforcement of\nlocal laws, ordinances, resolutions, orders and the like, within the\nproposed consolidated local government entity, consistent with section\nseven hundred sixty-nine of this title;\n (l) the effective date of the proposed consolidation; and\n (m) the time and place or places for the public hearing or hearings on\nsuch proposed joint consolidation agreement pursuant to section seven\nhundred fifty-four of this title.\n