Senate Bill S5677

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 - Stricken

  • 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

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Bill Amendments

2009-S5677 - Details

Laws Affected:
Amd §§1676 & 1680, Pub Auth L

2009-S5677 - Summary

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

2009-S5677 - Sponsor Memo

2009-S5677 - Bill Text download pdf 

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

                                  5677

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                              May 27, 2009
                               ___________

Introduced  by  Sen. VALESKY -- read twice and ordered printed, and when
  printed to be committed 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-

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

2009-S5677A (ACTIVE) - Details

Laws Affected:
Amd §§1676 & 1680, Pub Auth L

2009-S5677A (ACTIVE) - Summary

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

2009-S5677A (ACTIVE) - Sponsor Memo

2009-S5677A (ACTIVE) - Bill Text download pdf 

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

                                 5677--A

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                              May 27, 2009
                               ___________

Introduced  by  Sen. VALESKY -- read twice and ordered printed, and when
  printed to be committed 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.
                                                           LBD14030-03-9

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