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Bill > S07236


NY S07236

NY S07236
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
06/10/2021
Passed
07/21/2021
Dead
Signed/Enacted/Adopted
08/02/2021

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 in the principal amount not to exceed $60 million to finance critical infrastructure improvements to parking facilities located in the City of Yonkers. The bill amends the Public Authorities Law to increase the maximum amount of bonds the Authority can issue from $30 million to $60 million, and sets a deadline of June 30, 2031 for issuing these bonds. The bill also ratifies and confirms the Authority's previous issuance of revenue bonds, Series 1999A, dated June 29, 1999.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

SIGNED CHAP.392 (on 08/02/2021)

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