N.Y. GMU Law § 980-O

§ 980-o. Dissolution. (a) Any district established or extended\npursuant to the provisions of this article, where there is no\nindebtedness, outstanding and unpaid, incurred to accomplish any of the\npurposes of the district, may be dissolved by local law by the\nlegislative body upon its own motion or upon the written petition of (1)\nthe owners of at least fifty-one percent or more of the total assessed\nvaluation of all benefited real property included in the boundaries of\nthe district and (2) at least fifty-one percent of the owners of\nbenefited real property within the area included in the district. The\nlegislative body shall request and consider the recommendations of the\ndistrict management association concerning any proposed dissolution;\nprovided that if the association has not submitted recommendations to\nthe legislative body within sixty days after request therefor, the\nlegislative body may adopt any such proposed dissolution without\nconsidering such recommendations. In the event of dissolution, all\nassets of the district shall revert to the municipality.\n (b) A certified copy of the order of dissolution shall be filed with\nthe state comptroller at Albany, New York.\n