senate Bill S6948

Signed By Governor
2013-2014 Legislative Session

Legalizes and validates certain bond anticipation notes issued by the village of Whitehall, authorizes such village to issue additional notes and bonds

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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

view actions (15)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Sep 23, 2014 signed chap.387
Sep 11, 2014 delivered to governor
Jun 19, 2014 returned to senate
passed assembly
home rule request
ordered to third reading rules cal.606
substituted for a9320
Jun 11, 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.744
Apr 07, 2014 referred to local government

Votes

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May 13, 2014 - Local Government committee Vote

S6948
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)

S6948 - Details

See Assembly Version of this Bill:
A9320
Law Section:
Washington County

S6948 - Summary

Legalizes and validates certain bond anticipation notes issued by the village of Whitehall; authorizes such village to issue additional notes and bonds.

S6948 - Sponsor Memo

S6948 - Bill Text download pdf

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

                                  6948

                            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
  certain bond anticipation notes issued by the village of Whitehall, in
  the  town of Whitehall and county of Washington, validating and legal-
  izing such notes, and authorizing the issuance of obligations of  such
  village 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 October 1, 2007, the board of
trustees of the village of Whitehall, in the town of Whitehall and coun-
ty of Washington, authorized the issuance of serial bonds of the village
in an aggregate principal amount not  to  exceed  $5,000,000,  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  consent  order  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: (i) on October 29, 2007, the village  issued  a
bond  anticipation note in the principal amount of $900,000, maturing on
October 28, 2008; (ii) on October 28, 2008, the village  issued  a  bond
anticipation note in the principal amount of $900,000, maturing on Octo-
ber  27,  2009,  to renew in full the bond anticipation note maturing on
October 28, 2008; (iii) on March 23, 2009, the  village  issued  a  bond
anticipation  note  in  the  principal amount of $1,200,000, maturing on
October 27, 2009; (iv) on October 27, 2009, the village made a principal
payment of $30,000 on the $900,000 principal  amount  bond  anticipation
note  maturing  on  such date and issued a bond anticipation note in the
principal amount of $2,070,000, maturing on October 26, 2010,  to  renew
the  balance  of such note and to renew in full the $1,200,000 principal
amount bond anticipation note also maturing on October 26, 2010; (v)  on
October 26, 2010, the village made a principal payment of $30,000 on the
bond  anticipation  note  maturing on such date and issued a bond antic-

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

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