On July 15, 1970, defendant's Board of Trustees, acting as the Board of Water Commissioners, adopted a resolution fixing the annual water rent for plaintiff school district at $4,000 per year, effective September 1, 1970, the effective date thereafter having been deferred for one year. Based thereon and according to a 2.85 multiple applied throughout the Village of Schoharie, plaintiff's yearly sewer rent, after the deferred effective date, was determined to be $11,400. Plaintiff...
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