Senate Bill S5810

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

                                 5810--A

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                              June 8, 2009
                               ___________

Introduced  by  Sen. SERRANO -- read twice and ordered printed, and when
  printed to be  committed  to  the  Committee  on  Rules  --  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  the  Reece
  school

  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  REECE  SCHOOL, FOR THE FINANCING OR REFINANCING, OR REIMBURSEMENT
OF THE COSTS OF, THE ACQUISITION, DESIGN, CONSTRUCTION,  RECONSTRUCTION,
REHABILITATION,  IMPROVEMENT,  FURNISHING AND EQUIPPING OF, OR OTHERWISE
PROVIDING FOR, ADDITIONAL FLOORS OR FACILITIES FOR EDUCATION AND THERAPY
AT THEIR FACILITY LOCATED AT TWENTY-FIVE EAST ONE HUNDRED FOURTH  STREET
IN  THE  CITY  OF  NEW  YORK, TO SERVE AS A SCHOOL FOR SPECIAL EDUCATION
STUDENTS; PROVIDED, HOWEVER, THAT THE AGGREGATE SUM OF ANY BONDS  ISSUED
FOR SUCH PURPOSE SHALL NOT EXCEED TWENTY 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 REECE SCHOOL, FOR THE FINANCING OR REFINANCING,  OR  REIMBURSEMENT
OF  THE COSTS OF, THE ACQUISITION, DESIGN, CONSTRUCTION, RECONSTRUCTION,
REHABILITATION, IMPROVEMENT, FURNISHING AND EQUIPPING OF,  OR  OTHERWISE
PROVIDING FOR, ADDITIONAL FLOORS OR FACILITIES FOR EDUCATION AND THERAPY
AT  THEIR FACILITY LOCATED AT TWENTY-FIVE EAST ONE HUNDRED FOURTH STREET
IN THE CITY OF NEW YORK, TO SERVE AS  A  SCHOOL  FOR  SPECIAL  EDUCATION
STUDENTS;  PROVIDED, HOWEVER, THAT THE AGGREGATE SUM OF ANY BONDS ISSUED
FOR SUCH PURPOSE SHALL NOT EXCEED TWENTY MILLION DOLLARS.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11947-03-9

              

S. 5810--A                          2

  S 3. All contracts entered into by the dormitory authority pursuant to
the provisions of this act shall be deemed to be state contracts  within
the  meaning  of that term as set forth in article 15-A of the executive
law, and the dormitory authority shall be deemed, for  the  purposes  of
this act, a contracting agency as the term is used in such article.
  S 4. This act shall take effect immediately.