Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 01, 2011 |
signed chap.40 |
May 20, 2011 |
delivered to governor |
May 09, 2011 |
returned to senate passed assembly home rule request ordered to third reading cal.258 substituted for a4764 |
May 09, 2011 |
substituted by s2778 |
May 05, 2011 |
advanced to third reading cal.258 |
May 03, 2011 |
reported |
Mar 22, 2011 |
reported referred to ways and means |
Feb 07, 2011 |
referred to local governments |
Assembly Bill A4764
Signed By Governor2011-2012 Legislative Session
Sponsored By
RUSSELL
Archive: Last Bill Status Via S2778 - Signed by Governor
- 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
Actions
Votes
2011-A4764 (ACTIVE) - Details
- See Senate Version of this Bill:
- S2778
- Law Section:
- Bonds and Notes
2011-A4764 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4764 2011-2012 Regular Sessions I N A S S E M B L Y February 7, 2011 ___________ Introduced by M. of A. RUSSELL -- read once and referred to the Commit- tee on Local Governments AN ACT in relation to making certain findings and determinations with respect to bond anticipation notes issued by the village of Norwood, in the town of Potsdam, county of St. Lawrence, and validates and legalizes such notes; and authorizes the issuance of obligations of such bond anticipation notes with respect thereto THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative findings. It is hereby found and determined that pursuant to a bond resolution dated February 20, 2007, the village of Norwood, in the town of Potsdam, county of St. Lawrence, authorized the issuance of a $2,386,000 principal amount bond anticipation note of said village dated June 25, 2008, to finance the construction of certain improvements to the village's sewer plant and collection system; and that the village has not made annual principal payments in compliance with the applicable provisions of the amortization requirements of sections 23.00, 21.00 and 169.00 of the local finance law. S 2. Notwithstanding the defects described in section one of this act, the bond anticipation note and any renewals thereof issued by the village of Norwood, as described in section one of this act, and all resolutions, acts and proceedings heretofore adopted or taken by the board of trustees and the village treasurer of said village in relation thereto, are hereby validated, ratified and confirmed and any principal payment hereafter made by such village in 2011 on the bond anticipation note shall be deemed to be in compliance with the amortization require- ments of sections 23.00, 21.00 and 169.00 of the local finance law. S 3. Except as otherwise set forth in this act, the bonds and bond anticipation notes, and renewals thereof, issued pursuant to this act shall be issued in accordance with the provisions of the local finance law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06976-02-1
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