Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Apr 13, 2011 |
signed chap.15 |
Apr 01, 2011 |
delivered to governor |
Mar 16, 2011 |
returned to senate passed assembly home rule request ordered to third reading cal.115 substituted for a4074 |
Feb 28, 2011 |
referred to ways and means delivered to assembly passed senate home rule request |
Feb 15, 2011 |
advanced to third reading |
Feb 14, 2011 |
2nd report cal. |
Feb 08, 2011 |
1st report cal.79 |
Feb 01, 2011 |
referred to local government |
Senate Bill S2781
Signed By Governor2011-2012 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - 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-S2781 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A4074
- Law Section:
- Bonds and Notes
2011-S2781 (ACTIVE) - Summary
Legalizes, validates, ratifies and confirms certain actions taken by the village of Black Water, Jefferson County with respect to refunding its low interest loans through the United States department of agriculture and the New York state environmental facilities corporation.
2011-S2781 (ACTIVE) - Sponsor Memo
BILL NUMBER:S2781 REVISED 02/03/11 TITLE OF BILL: An act to legalize, validate, ratify and confirm certain actions taken by the village of Black River, in the county of Jefferson, with respect to refunding its low interest loans through the United States department of agriculture and the New York state environmental facilities corporation PURPOSE: This bill will correct an error made by the village of Black River when they exceeded their maximum bond authorization on their United States Department of Agriculture (USDA) and their New York State Environmental Facilities Corporation (EFC) bonds used in financing their capital project for improvement of facilities of the village wastewater collection and treatment system. SUMMARY OF PROVISIONS: Section 1. Outlines the history of the USDA and EFC capital bonds the village of Black River issued to fund their village wastewater collection and treatment system. Section 2. Provides explanation for the village of Black River exceeding its maximum project authorization and outlines their payment history.
2011-S2781 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ S. 2781 A. 4074 2011-2012 Regular Sessions S E N A T E - A S S E M B L Y February 1, 2011 ___________ IN SENATE -- Introduced by Sen. RITCHIE -- read twice and ordered print- ed, and when printed to be committed to the Committee on Local Govern- ment IN ASSEMBLY -- Introduced by M. of A. RUSSELL, BLANKENBUSH -- read once and referred to the Committee on Local Governments AN ACT to legalize, validate, ratify and confirm certain actions taken by the village of Black River, in the county of Jefferson, with respect to refunding its low interest loans through the United States department of agriculture and the New York state environmental facili- ties corporation THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. It is hereby found and determined that: (i) the village of Black River, county of Jefferson, duly adopted on March 28, 2005, a bond resolution authorizing issuance of a maximum of $5,000,000.00 of serial bonds in anticipation of financing the costs of a capital improvement project for improvement of facilities of the village wastewater collection and treatment system; (ii) pursuant to such bond resolution, said village obtained financing from the United States Department of Agriculture ("USDA") in the amount of $1,271,000.00 in low interest loans on June 26, 2008, and a $500,000.00 grant for Phase I of the project on May 21, 2009; (iii) pursuant to such bond resolution, said village obtained grant financing of $500,000.00 and $100,000.00 in low interest loans from the USDA for Phase II of the project; (iv) pursuant to such bond resolution, said village also obtained short term financing through the New York State Environmental Facilities Corporation ("EFC") on May 8, 2008 in the amount of $2,916,900.00; (v) the village also obtained financing for the project totaling $950,586.48 from contrib- utions from Merit Corporation, the town of LeRoy, the town of Rutland and a municipal contribution from the village of Black River; (vi) said EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06908-03-1
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