S T A T E   O F   N E W   Y O R K
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                                  4711--A
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 3, 2017
                                ___________
 
 Introduced  by  M. of A. PEOPLES-STOKES -- read once and referred to the
   Committee on Cities -- committee  discharged,  bill  amended,  ordered
   reprinted as amended and recommitted to said committee
 
 AN  ACT in relation to deeming the objects or purposes for which certain
   bonds were issued by the city of Buffalo to be for the construction of
   an archway and infrastructure improvements  in  the  vicinity  of  the
   intersection  of  Michigan  avenue  and  Broadway within said city and
   authorizing the expenditure of the proceeds from such bonds  for  such
   objects or purposes
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Legislative Findings.  The  legislature  hereby  finds  and
 determines  that  pursuant  to a bond resolution dated February 21, 2012
 adopted by the common council of the city of Buffalo,  county  of  Erie,
 (the  "common  council"  and the "city" respectively) the city issued on
 April 17, 2012, bonds in the principal amount of $150,000 sold  as  part
 of general improvement serial bonds in the aggregate principal amount of
 $21,640,000  to  finance  the cost of infrastructure improvements to the
 archway at the intersection of  Michigan  avenue  and  Jefferson  avenue
 within  the city. The legislature further finds and determines that said
 resolution failed to include language regarding the construction  of  an
 archway  and  to  identify  the accurate intersection within the city in
 which such archway construction  and  such  infrastructure  improvements
 were intended to be made.
   §  2.  Notwithstanding any other provision of law to the contrary, the
 object or purposes for which said bonds were issued are hereby deemed to
 be for the construction of an archway to be located in the  vicinity  of
 the  intersection  of  Michigan  avenue  and Broadway within the city in
 addition to infrastructure improvements at the intersection of  Michigan
 avenue and Broadway consisting of a study, design, required sidewalk and
 curb  replacement,  landscaping, tree trimming, and other required right
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD08912-02-7

 A. 4711--A                          2
 
 of way enhancements as mentioned in the  aforesaid  resolution  and  the
 expenditure  of  the $150,000 proceeds of such bonds for such objects or
 purposes is hereby authorized, validated, confirmed and ratified.
   §  3.  The authorization provided in section two of this act shall not
 take effect until the common council of the city  of  Buffalo  adopts  a
 resolution after the effective date of this act that shall be subject to
 permissive  referendum  pursuant  to section 23-11 of the charter of the
 city of Buffalo as if the council had not already created a  city  debt.
 In  the  event  a  successful petition is filed with the city clerk, the
 authorization provided in section two of this act shall not take  effect
 unless such resolution is approved by the affirmative vote of a majority
 of the qualified electors.
   § 4. Separability. If any clause, sentence, paragraph, section or part
 of  this act shall be adjudged by any court of competent jurisdiction to
 be invalid, such judgment shall not affect, impair,  or  invalidate  the
 remainder thereof, but shall be confined in its operation to the clause,
 sentence,  paragraph,  section  or part thereof directly involved in the
 controversy in which such judgement shall have been rendered.
   § 5. This act shall take effect immediately.