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 |
Senate Bill S6948
Signed By Governor2013-2014 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
2013-S6948 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A9320
- Law Section:
- Washington County
2013-S6948 (ACTIVE) - Sponsor Memo
BILL NUMBER:S6948 TITLE OF BILL: 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 legalizing such notes, and authorizing the issuance of obligations of such village with respect thereto PURPOSE: This validates and legalizes the bond anticipation notes and renewals thereof issued by the village to finance certain improvements to its sewer system and authorizes the village to issue additional bonds, and bond anticipation notes in anticipation of the sale of such bonds, to finance said sewer system improvements. SUMMARY OF PROVISIONS: Pursuant to a bond resolution dated October 1, 2007, the village board of trustees authorized the issuance of serial bonds of the village, and bond anticipation notes in anticipation of the sale of such bonds, to finance the construction of certain improvements to the village's sewer system in order to bring it into compliance with a consent order agreement between the village and the New York State Department of Environmental Conservation. The village has issued several bond anticipation notes and renewals thereof pursuant to such bond
2013-S6948 (ACTIVE) - 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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