senate Bill S6947

Signed By Governor
2013-2014 Legislative Session

Legalizes and validates certain bond anticipation notes issued by the village of Whitehall

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Sponsored By

Archive: Last Bill Status -


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

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Actions

view actions (15)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Sep 23, 2014 signed chap.386
Sep 11, 2014 delivered to governor
Jun 19, 2014 returned to senate
passed assembly
home rule request
ordered to third reading rules cal.472
substituted for a9319
Jun 10, 2014 referred to local governments
delivered to assembly
passed senate
home rule request
May 19, 2014 advanced to third reading
May 14, 2014 2nd report cal.
May 13, 2014 1st report cal.743
Apr 07, 2014 referred to local government

Votes

view votes

May 13, 2014 - Local Government committee Vote

S6947
8
0
committee
8
Aye
0
Nay
1
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Local Government committee vote details

Local Government Committee Vote: May 13, 2014

aye wr (1)

S6947 - Details

See Assembly Version of this Bill:
A9319
Law Section:
Washington County

S6947 - Summary

Legalizes and validates certain bond anticipation notes issued by the village of Whitehall.

S6947 - Sponsor Memo

S6947 - Bill Text download pdf

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

                                  6947

                            I N  S E N A T E

                              April 7, 2014
                               ___________

Introduced  by  Sen.  LITTLE -- read twice and ordered printed, and when
  printed to be committed to the Committee on Local Government

AN ACT making certain findings and determinations with respect  to  bond
  anticipation  notes  and  serial bonds issued by the village of White-
  hall, in the town of Whitehall and county of Washington, and  validat-
  ing and legalizing such notes and bonds

  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 April 5, 2001, as amended by a
bond resolution dated April 7,  2005,  the  board  of  trustees  of  the
village of Whitehall, in the town of Whitehall and county of Washington,
authorized  the  issuance of serial bonds of the village in an aggregate
principal amount not to exceed $2,772,792, and bond  anticipation  notes
in  anticipation  of the sale of such bonds, to finance the construction
of certain improvements to such village's sewer system in order to bring
it into compliance with a stipulation agreement between the village  and
the  department  of environmental conservation; that in order to finance
the cost of the capital improvements authorized by said bond resolution,
as so amended: (i) on November 3, 2000, the village issued a bond antic-
ipation note in the principal amount of $450,000, maturing  on  November
2,  2001;  (ii)  on  November  2, 2001, the village issued a bond antic-
ipation note in the principal amount of $450,000, maturing  on  November
1,  2002, to renew in full the bond anticipation note maturing on Novem-
ber 2, 2001; (iii) on June 6, 2002, the village  issued  a  bond  antic-
ipation  note in the principal amount of $1,970,234, maturing on June 6,
2005, to refinance the balance of the bond anticipation note maturing on
November 1, 2002  and  to  finance  additional  costs  of  said  capital
improvements;  (iv)  on  November  1, 2002, the village made a principal
payment of $11,100 on the bond anticipation note  maturing  on  June  6,
2005;  (v)  on November 4, 2003, the village made a principal payment of
$11,200 on the bond anticipation note maturing on June 6, 2005; (vi)  on
November 4, 2004, the village made a principal payment of $11,300 on the
bond  anticipation  note  maturing on June 6, 2005; and (vii) on June 2,

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

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