Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Sep 16, 2009 |
signed chap.454 |
Sep 04, 2009 |
delivered to governor |
Jul 16, 2009 |
returned to assembly passed senate 3rd reading cal.804 substituted for s5362 |
Jul 16, 2009 |
substituted by a8132 |
Jul 15, 2009 |
ordered to third reading cal.804 committee discharged and committed to rules |
Apr 27, 2009 |
referred to local government |
Senate Bill S5362
Signed By Governor2009-2010 Legislative Session
Sponsored By
(R) Senate District
Archive: Last Bill Status Via A8132 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2009-S5362 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A8132
- Law Section:
- Livingston County
2009-S5362 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5362 TITLE OF BILL : An act to authorize the funding of the sanitary sewer system in the hamlet of Hemlock in the town of Livonia PURPOSE : This bill will legalize and validate certain minor technical violations of the Local Finance Law by the Town of Livonia in connection with the issuance of bond anticipation notes to finance sanitary sewer improvements within the town, thereby validating certain bond anticipation notes and authorizing the town to issue further bond anticipation notes and/or bonds in order to finance the project. SUMMARY OF PROVISIONS : This bill is a special act which legalizes, validates, ratifies and confirms certain actions and proceedings taken by the Town of Livonia, Livingston County, from March 21, 2002 to date with connection with the adoption of a serial bond resolution and issuance of certain bond anticipation notes of the town. The bill specifically provides that notwithstanding specific technical violations of certain provisions of
2009-S5362 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5362 2009-2010 Regular Sessions I N S E N A T E April 27, 2009 ___________ Introduced by Sen. VOLKER -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to authorize the funding of the sanitary sewer system in the hamlet of Hemlock in the town of Livonia THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative findings. It is hereby found and determined that the town board of the town of Livonia, in the county of Livingston, (i) by a resolution adopted on September 4, 1997 pursuant to section 209-d of the town law, established the Hemlock sewer district at the maximum cost not to exceed $2,305,700, (ii) by resolution adopted on January 20, 2005 pursuant to section 202-b of the town law, authorized additional facilities to be included in the Hemlock sewer district, at an additional cost of up to $100,000, and (iii) by a bond resolution adopted on March 21, 2002, as supplemented and amended by a supplemental bond resolution adopted on January 20, 2005 authorized the issuance of serial bonds not to exceed the sum of $2,305,700 for the purpose of financing the sanitary sewer improvements to be included in the Hemlock sewer district. It is also hereby found and determined that the town issued its serial bonds under the aforesaid bond resolutions and bond anticipation notes in anticipation of the issuance of such serial bonds as follows: (a) A bond anticipation note dated July 15, 2002 in the amount of $500,000. Such bond anticipation note was renewed by the issuance of a renewal bond anticipation note dated July 17, 2003 in the amount of $500,000. Said renewal bond anticipation note was again renewed by the issuance of a renewal bond anticipation note dated July 16, 2004 in the amount of $500,000. Thereafter, on June 15, 2005, the town issued its $100,000 Public Improvement (Serial) Bonds, Series 2005, for the purpose of refinancing $100,000 principal amount of said outstanding bond antic- ipation note and the balance of said bond anticipation note was again renewed by the issuance of a renewal bond anticipation note dated July 19, 2005 in the amount of $400,000. Thereafter on June 18, 2006 said EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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