Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 19, 2018 |
reported referred to rules |
Jun 18, 2018 |
reported referred to ways and means |
Jun 14, 2018 |
print number 11157a |
Jun 14, 2018 |
amend and recommit to local governments |
Jun 11, 2018 |
referred to local governments |
Assembly Bill A11157A
2017-2018 Legislative Session
Sponsored By
STEC
Archive: Last Bill Status - In Assembly Committee
- 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
Bill Amendments
2017-A11157 - Details
- See Senate Version of this Bill:
- S8989
- Current Committee:
- Assembly Rules
- Law Section:
- Towns
2017-A11157 - Summary
Legalizes, validates, ratifies and confirms certain acts and proceedings of the town board of the town of Thurman, Warren county, in relation to the issuance of obligations for the financing of alternate water supply systems for five homes as required by a consent order of the department of environmental conservation and also for a municipal building.
2017-A11157 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 11157 I N A S S E M B L Y June 11, 2018 ___________ Introduced by COMMITTEE ON RULES -- (at request of M. of A. Stec) -- read once and referred to the Committee on Local Governments AN ACT to legalize, validate, ratify and confirm certain acts and proceedings of the town board of the town of Thurman, Warren county, New York, in relation to the issuance of obligations for the financing of alternate water supply systems for five homes as required by a consent order of the department of environmental conservation and also for a municipal building 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: (a) that the town board of the town of Thurman, county of Warren, has heretofore adopted a bond resolution dated December 27, 2016 and has issued a bond anticipation note pursuant to such bond resolution for the undertaking of the installation of water supply systems for five homes pursuant to a consent order of the department of environmental conserva- tion and for a municipal building; (b) that the town board of the town of Thurman, county of Warren, has heretofore adopted a bond resolution dated December 27, 2016 and has issued a bond anticipation note in the principal amount of $313,000 on May 31, 2017 pursuant to such bond resolution for the undertaking of such improvements; (c) that the principal payment made by the town on the $313,000 bond anticipation note is described as follows: $13,000 on May 31, 2018 leav- ing $300,000 in principal outstanding and overdue; and (d) that the town failed to obtain the permission of the state comp- troller pursuant to paragraph 3 of section 104.10 of the local finance law prior to the issuance of the bond anticipation note issued pursuant to the bond resolution dated December 27, 2016. § 2. Notwithstanding the defects described in section one of this act, the bond anticipation notes issued by the town in anticipation of the bonds authorized pursuant to the bond resolution identified in section one of this act, and all disbursements made in connection with the afor- esaid bond anticipation notes, or resolutions, acts and proceedings EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
2017-A11157A (ACTIVE) - Details
- See Senate Version of this Bill:
- S8989
- Current Committee:
- Assembly Rules
- Law Section:
- Towns
2017-A11157A (ACTIVE) - Summary
Legalizes, validates, ratifies and confirms certain acts and proceedings of the town board of the town of Thurman, Warren county, in relation to the issuance of obligations for the financing of alternate water supply systems for five homes as required by a consent order of the department of environmental conservation and also for a municipal building.
2017-A11157A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 11157--A I N A S S E M B L Y June 11, 2018 ___________ Introduced by COMMITTEE ON RULES -- (at request of M. of A. Stec) -- read once and referred to the Committee on Local Governments -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to legalize, validate, ratify and confirm certain acts and proceedings of the town board of the town of Thurman, Warren county, New York, in relation to the issuance of obligations for the financing of alternate water supply systems for five homes as required by a consent order of the department of environmental conservation and also for a municipal building 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 the town board of the town of Thurman, county of Warren: (a) duly adopted a bond resolution dated December 27, 2016 for the purpose of installation of water supply systems for five homes pursuant to a consent order of the department of environmental conservation and for a municipal building; (b) subsequently issued a bond anticipation note in the principal amount of $313,000 on May 31, 2017; (c) made a principal payment of $13,000 on May 31, 2018, leaving $300,000 in principal outstanding; and (d) with respect to the issuance of the bond anticipation note, failed to obtain the permission of the state comptroller pursuant to paragraph 3 of section 104.10 of the local finance law prior to the issuance of such bond anticipation note. § 2. Notwithstanding the defects described in section one of this act relating to the bond anticipation note of the town of Thurman, the issu- ance of such note is hereby validated, ratified and legalized. Such town is hereby authorized to issue bond anticipation renewal notes and bonds to refinance such note. § 3. Except as otherwise provided in this act, any obligations 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
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