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Bill > A08029


NY A08029

NY A08029
Authorizes the Yonkers parking authority to issue bonds or notes in the principal amount not to exceed sixty million dollars to finance critical infrastructure improvements to parking facilities located in the city of Yonkers.


summary

Introduced
06/07/2021
In Committee
06/10/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

AN ACT to amend the public authorities law, in relation to authorizing the Yonkers parking authority to issue bonds or notes in the principal amount not to exceed sixty million dollars to finance critical infrastructure improvements to parking facilities located in the city of Yonkers

AI Summary

This bill authorizes the Yonkers Parking Authority to issue bonds or notes up to $60 million to finance critical infrastructure improvements to parking facilities located in the City of Yonkers. The bill amends the existing Public Authorities Law to increase the bond issuance limit from $30 million to $60 million and sets a deadline of June 30, 2031 for the bonds to be issued. The bill also ratifies and confirms the authority's previous issuance of revenue bonds series 1999A.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

substituted by s7236 (on 06/10/2021)

bill text


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