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Assembly Bill A8594

2009-2010 Legislative Session

Authorizes the dormitory authority to finance certain facilities for Abby Lane Housing Corporation, a subsidiary of the ESF College Foundation, Inc.

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Archive: Last Bill Status - In Assembly Committee

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Bill Amendments

2009-A8594 - Details

Current Committee:
Assembly Ways And Means
Laws Affected:
Amd §§1676 & 1680, Pub Auth L

2009-A8594 - Summary

Authorizes the dormitory authority to finance certain facilities for Abby Lane Housing Corporation, a subsidiary of the ESF College Foundation, Inc.

2009-A8594 - Sponsor Memo

2009-A8594 - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  8594

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                              May 29, 2009
                               ___________

Introduced  by  M.  of  A.  MAGNARELLI  -- read once and referred to the
  Committee on Corporations, Authorities and Commissions

AN ACT to amend the public authorities law, in relation  to  authorizing
  the  dormitory  authority  to  finance  certain facilities for the ESF
  College Foundation,  Inc.,  or  an  affiliated  not-for-profit  entity
  controlled by the ESF College Foundation, Inc.

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Paragraph (b) of subdivision  2  of  section  1676  of  the
public authorities law is amended by adding a new undesignated paragraph
to read as follows:
  THE  ESF  COLLEGE  FOUNDATION,  INC.,  OR AN AFFILIATED NOT-FOR-PROFIT
ENTITY CONTROLLED BY THE ESF COLLEGE FOUNDATION, INC.   WHICH  HAS  BEEN
FORMED  OR  IS  FORMED  WITHIN  ONE YEAR FROM THE EFFECTIVE DATE OF THIS
PARAGRAPH, FOR THE FINANCING OR REFINANCING,  OR  REIMBURSEMENT  OF  THE
COSTS  OF,  THE ACQUISITION, DESIGN, CONSTRUCTION, RECONSTRUCTION, REHA-
BILITATION, IMPROVEMENT,  FURNISHING  AND  EQUIPPING  OF,  OR  OTHERWISE
PROVIDING  FOR,  A  STUDENT  DORMITORY  FACILITY LOCATED BETWEEN OAKLAND
STREET AND STANDART STREET IN THE CITY OF SYRACUSE, NEW YORK,  TO  SERVE
AS  A DORMITORY FOR STUDENTS OF THE STATE UNIVERSITY OF NEW YORK COLLEGE
OF ENVIRONMENTAL SCIENCE  AND  FORESTRY;  PROVIDED,  HOWEVER,  THAT  THE
AGGREGATE  SUM  OF  ANY  BONDS  ISSUED FOR SUCH PURPOSE SHALL NOT EXCEED
FIFTY MILLION DOLLARS.
  S 2. Subdivision 1 of section 1680 of the public  authorities  law  is
amended by adding a new undesignated paragraph to read as follows:
  THE  ESF  COLLEGE  FOUNDATION,  INC.,  OR AN AFFILIATED NOT-FOR-PROFIT
ENTITY CONTROLLED BY THE ESF COLLEGE FOUNDATION, INC.   WHICH  HAS  BEEN
FORMED  OR  IS  FORMED  WITHIN  ONE YEAR FROM THE EFFECTIVE DATE OF THIS
PARAGRAPH, FOR THE FINANCING OR REFINANCING,  OR  REIMBURSEMENT  OF  THE
COSTS  OF,  THE ACQUISITION, DESIGN, CONSTRUCTION, RECONSTRUCTION, REHA-
BILITATION, IMPROVEMENT,  FURNISHING  AND  EQUIPPING  OF,  OR  OTHERWISE

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14030-01-9

2009-A8594A (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Laws Affected:
Amd §§1676 & 1680, Pub Auth L

2009-A8594A (ACTIVE) - Summary

Authorizes the dormitory authority to finance certain facilities for Abby Lane Housing Corporation, a subsidiary of the ESF College Foundation, Inc.

2009-A8594A (ACTIVE) - Sponsor Memo

2009-A8594A (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 8594--A

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                              May 29, 2009
                               ___________

Introduced  by  M.  of  A.  MAGNARELLI  -- read once and referred to the
  Committee on Corporations, Authorities and  Commissions  --  committee
  discharged, bill amended, ordered reprinted as amended and recommitted
  to said committee

AN  ACT  to amend the public authorities law, in relation to authorizing
  the dormitory authority to finance certain facilities  for  Abby  Lane
  Housing Corporation, a subsidiary of ESF College Foundation, Inc.

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Paragraph (b) of subdivision  2  of  section  1676  of  the
public authorities law is amended by adding a new undesignated paragraph
to read as follows:
  ABBY LANE HOUSING CORPORATION, A SUBSIDIARY OF ESF COLLEGE FOUNDATION,
INC.,  FOR  THE  FINANCING OR REFINANCING, OR REIMBURSEMENT OF THE COSTS
OF, THE ACQUISITION,  DESIGN,  CONSTRUCTION,  RECONSTRUCTION,  REHABILI-
TATION, IMPROVEMENT, FURNISHING AND EQUIPPING OF, OR OTHERWISE PROVIDING
FOR,  A  STUDENT  DORMITORY  FACILITY LOCATED BETWEEN OAKLAND STREET AND
STANDART STREET IN THE CITY OF SYRACUSE, NEW YORK, TO SERVE AS A  DORMI-
TORY  FOR  STUDENTS OF THE STATE UNIVERSITY OF NEW YORK COLLEGE OF ENVI-
RONMENTAL SCIENCE AND FORESTRY; PROVIDED, HOWEVER,  THAT  THE  AGGREGATE
SUM  OF ANY BONDS ISSUED FOR SUCH PURPOSE SHALL NOT EXCEED FIFTY MILLION
DOLLARS.
  S 2. Subdivision 1 of section 1680 of the public  authorities  law  is
amended by adding a new undesignated paragraph to read as follows:
  ABBY LANE HOUSING CORPORATION, A SUBSIDIARY OF ESF COLLEGE FOUNDATION,
INC.,  FOR  THE  FINANCING OR REFINANCING, OR REIMBURSEMENT OF THE COSTS
OF, THE ACQUISITION,  DESIGN,  CONSTRUCTION,  RECONSTRUCTION,  REHABILI-
TATION, IMPROVEMENT, FURNISHING AND EQUIPPING OF, OR OTHERWISE PROVIDING
FOR,  A  STUDENT  DORMITORY  FACILITY LOCATED BETWEEN OAKLAND STREET AND
STANDART STREET IN THE CITY OF SYRACUSE, NEW YORK, TO SERVE AS A  DORMI-
TORY  FOR  STUDENTS OF THE STATE UNIVERSITY OF NEW YORK COLLEGE OF ENVI-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14030-02-9

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