senate Bill S6870

Signed By Governor
2011-2012 Legislative Session

Establishes that debt payments for the Rochester school facilities modernization program shall not affect the city of Rochester's maintenance of effort requirements

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Archive: Last Bill Status - Signed by Governor


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed by Governor

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 31, 2012 signed chap.66
delivered to governor
May 30, 2012 returned to senate
passed assembly
ordered to third reading cal.660
substituted for a9634
May 14, 2012 referred to education
delivered to assembly
passed senate
Apr 30, 2012 advanced to third reading
Apr 26, 2012 2nd report cal.
Apr 25, 2012 1st report cal.565
Mar 30, 2012 referred to education

Votes

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Co-Sponsors

S6870 - Bill Details

See Assembly Version of this Bill:
A9634
Law Section:
Education
Laws Affected:
Amd ยง5, Chap 416 of 2007
Versions Introduced in Previous Legislative Sessions:
2011-2012: A7271
2009-2010: A1903A, S6879

S6870 - Bill Texts

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Establishes that debt payments for the Rochester school facilities modernization program shall not affect the city of Rochester's maintenance of effort requirements.

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BILL NUMBER:S6870

TITLE OF BILL:
An act
to amend section 5 of chapter 416 of the laws of 2007, establishing the
city of Rochester and the board of education of the city school district
of the city of Rochester school facilities modernization program act, in
relation to establishing that
debt payments for the Rochester school
facilities modernization program shall not affect the city of
Rochester's maintenance of effort requirements

PURPOSE OR GENERAL IDEA OF BILL:
This bill would provide the City of
Rochester and the Rochester City School District with increased
flexibility to meet the needs of its school children by providing
alternative financing mechanisms for the reconstruction of up to
thirteen school buildings.

SUMMARY OF SPECIFIC PROVISION:
Lines 14-21 of Section 5 of chapter 416
of the laws of 2007, establishing the city of Rochester and the board
of education of the city school district of the city of Rochester
school facilities modernization program act, is amended to read as
follows:
Payment of debt service on bonds, notes or other obligations issued to
secure financing of not more than $325,000,000 for projects
undertaken pursuant to this act shall not be considered when
determining the "city amount" required p:ursuant to subparagraph (ii)
of-paragraph (a) of subdivision 5-b of section 2576 of the education
law provided, however, that this provision shall not otherwise
affect the determination of said "City amount" with respect to
funding unrelated to projects undertaken pursuant to this act.

JUSTIFICATION:
The school buildings in Rochester are in serious
disrepair, jeopardizing the education of the city's school children.
This bill would allow for innovative and cost effective financing
options in Rochester's ongoing efforts to reconstruct up to thirteen
school buildings.

FISCAL IMPLICATIONS:
Undetermined.

EFFECTIVE DATE:
This act shall take effect immediately.

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

                                  6870

                            I N  S E N A T E

                             March 30, 2012
                               ___________

Introduced  by  Sens.  ROBACH, ALESI, MAZIARZ, RANZENHOFER -- read twice
  and ordered printed, and when printed to be committed to the Committee
  on Education

AN ACT to amend section 5 of chapter 416 of the laws of 2007, establish-
  ing the city of Rochester and the  board  of  education  of  the  city
  school  district of the city of Rochester school facilities moderniza-
  tion program act, in relation to establishing that debt  payments  for
  the Rochester school facilities modernization program shall not affect
  the city of Rochester's maintenance of effort requirements

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

  Section 1. Section 5 of chapter 416 of the laws of 2007,  establishing
the  city  of  Rochester  and  the board of education of the city school
district of  the  city  of  Rochester  school  facilities  modernization
program act, is amended to read as follows:
  S  5.  Comprehensive  school  facilities  modernization plan.   Before
formal selection of the projects occurs, the RSC board shall  develop  a
comprehensive  school  facilities  modernization  plan  recommending and
outlining the projects it proposes to be potentially undertaken pursuant
to this act.  Such plan shall include: (a) an estimate of total costs to
be financed, proposed financing  plan,  proposed  method  of  financing,
terms  and  conditions of the financing, estimated financing costs, and,
if city general obligation bonds or notes are not proposed as the method
of financing, a comparison of financing  costs  between  such  bonds  or
notes  and the proposed method of financing.  PAYMENT OF DEBT SERVICE ON
BONDS, NOTES OR OTHER OBLIGATIONS ISSUED TO SECURE FINANCING OF NOT MORE
THAN $325,000,000 FOR PROJECTS UNDERTAKEN PURSUANT TO THIS ACT SHALL NOT
BE CONSIDERED WHEN DETERMINING THE "CITY AMOUNT"  REQUIRED  PURSUANT  TO
SUBPARAGRAPH  (II)  OF PARAGRAPH A OF SUBDIVISION 5-B OF SECTION 2576 OF
THE EDUCATION LAW; PROVIDED, HOWEVER,  THAT  THIS  PROVISION  SHALL  NOT
OTHERWISE AFFECT THE DETERMINATION OF SAID "CITY AMOUNT" WITH RESPECT TO
FUNDING  UNRELATED TO PROJECTS UNDERTAKEN PURSUANT TO THIS ACT. The plan
should also address what specific options would be used to  ensure  that
sufficient  resources exist to cover the local share of any such project

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15127-01-2

S. 6870                             2

cost on an  annual  basis;  (b)  information  concerning  the  potential
persons  to  be  involved  in  the  financing and such person's role and
responsibilities; (c) estimates on the design, reconstruction and  reha-
bilitation  costs  by  project,  any  administrative costs for potential
projects, and an outline of the timeframe  expected  for  completion  of
each  potential  project;  (d) a detailed description of the request for
proposals process and  an  outline  of  the  criteria  to  be  used  for
selection of the program manager, the independent compliance officer and
all  contractors;  (e)  any  proposed  amendments  to  the  city  school
district's [five year] FIVE-YEAR capital facilities  plan  submitted  in
accordance  with  subdivision 6 of section 3602 of the education law and
the regulations of the commissioner; and  (f)  a  preliminary  diversity
plan  to  develop diversity goals, including appropriate community input
and public discussion, and develop  strategies  that  would  create  and
coordinate  any  efforts  to  ensure  a  more  diverse workforce for the
projects. The preliminary diversity plan should  address  accountability
for attainment of the diversity goals, what forms of monitoring would be
used, and how such information would be publicly communicated.
  Prior  to  the  development  of  the  comprehensive  school facilities
modernization plan, the RSC board shall hold as many public hearings  as
may be necessary to ensure sufficient public input and allow for signif-
icant  public  discussion on school building needs in such city, with at
least one hearing to be held in each neighborhood  potentially  impacted
by a proposed project.
  All  projects  proposed in the comprehensive school facilities modern-
ization plan shall be included by the city school district as a  special
section  of  the  district's  five-year  capital facilities plan that is
required pursuant to subdivision 6 of section 3602 of the education  law
and the regulations of the commissioner.
  The  [JSC] RSC board shall submit the components of such comprehensive
plan outlined in subdivision (a) of this  section  to  the  comptroller,
along  with  any other information requested by the comptroller, for his
or her review and approval.
  S 2. This act shall take effect immediately.

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