S T A T E O F N E W Y O R K
________________________________________________________________________
8513
I N S E N A T E
November 22, 2010
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Introduced by Sen. STEWART-COUSINS -- read twice and ordered printed,
and when printed to be committed to the Committee on Rules
AN ACT to authorize the county of Westchester to issue serial bonds to
finance certain payments over a period of five years
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The county of Westchester is hereby authorized to issue
serial bonds in an aggregate principal amount to be determined by the
Westchester county board of legislators, for a period of probable
usefulness not to exceed five years, which shall apply to the specific
object or purpose of payment, by the county of Westchester, of all costs
associated with or related to the 2010 Early Retirement Incentive. In
anticipation of the issuance and sale of such serial bonds, bond antic-
ipation notes are hereby authorized to be issued.
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD18270-01-0