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Public Hearing set for November 12, 2013 at 7:00 p.m.

     LOCAL OVERRIDE LAW

                                             Local
Law No. 2 of the year 2013

                                      Town of
Indian Lake, County of Hamilton

A Local Law to
override the tax levy limit established in General Municipal Law 3-c

Section 1.
Legislative Intent

It is the intent of this local law to override the limit on
the amount of real property taxes that may be levied by the Town of Indian
Lake, County of Hamilton, pursuant to General Municipal Law 3-c, and to allow
the Town of Indian Lake, County of Hamilton to adopt a Town Budget for (a) Town
purposes (b) any other special or improvement district governed by the Town Board
for the fiscal year 2014 that requires a real property tax levy in excess of
the "Tax Limit" as defined by General Municipal Law 3-c.

Section 2. Authority

This Local Law is adopted pursuant to subdivision 5 of
General Municipal Law 3-c, which expressly authorizes the Town Board to
override the tax levy limit by the adoption of a Local law approved by vote of
sixty percent (60%) of the Town Board

Section 3. Tax Levy
Limit Override

The Town Board of the Town of Indian Lake, County of
Hamilton, is hereby authorized to adopt a Budget for the fiscal year 2014 that
requires a real property tax levy in excess of the limit specified in General
Municipal Law 3-c.

Section 4.
Severability

If any clause, sentence, paragraph, subdivision, or part of
this Local Law or the application thereof to any person, firm, or corporation,
or circumstance, shall be adjusted by any court of competent jurisdiction to be
invalid or unconstitutional, thereof, but shall be confined in its operation to
the clause, sentence, paragraph, subdivision, or part of this Local law or in
its application to the person, individual, firm or corporation or circumstance,
directly involved in the controversy in which such judgment or order shall be
rendered.

Section 5. Effective
date

This Local Law shall take effect immediately upon filing
with the Secretary of the State.

                          PUBLIC HEARING SET WITH A.P.A.

A PUBLIC HEARING WITH THE ADIRONDACK PARK ASSOCIATION  IS SET FOR JUNE 25^TH AT 7:00 P.M. IN THE INDIAN LAKE SCHOOL GYMNASIUM TO DISCUSS THE CLASSIFICATIONS ON THE GOOLEY CLUB PROPERTY THAT WAS JUST AQUIRED BY THE STATE.  THIS IS VERY IMPORTANT FOR THE TOWN OF INDIAN LAKE. PLEASE COME AND VOICE YOUR SUGGESTIONS AND CONCERNS! THEY NEED TO HEAR FROM US!!!!!