Bill

Bill > A09909


NY A09909

NY A09909
Extends the date for the sale of bonds and notes of the city of Buffalo.


summary

Introduced
02/27/2020
In Committee
02/27/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2019-2020 General Assembly

Bill Summary

AN ACT to amend the local finance law, in relation to the sale of bonds and notes of the city of Buffalo

AI Summary

This bill amends the Local Finance Law to extend the date for the city of Buffalo to issue serial bonds or notes from June 30, 2020 to June 30, 2021. The bill also allows the city to arrange for the underwriting or private sale of these bonds and notes through negotiated agreements, with the costs of such underwriting or private placement deemed preliminary costs. This change is intended to facilitate the marketing of the city's bond and note issues.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

referred to cities (on 02/27/2020)

bill text


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