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NY A11416
Bill
Status
6/11/2010
Primary Sponsor
Joel Miller
Click for details
AI Summary
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Authorizes the town of Fishkill in Dutchess County to issue serial bonds up to $6,500,000 to eliminate deficits in its general fund and highway fund accumulated through December 31, 2010.
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Bonds must be issued on or before December 31, 2011, subject to Local Finance Law section 10.10.
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Town board authorization of bond issuance requires approval by majority vote of town electors at a mandatory referendum to be held no later than November 2, 2010.
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Authorizes issuance of bond anticipation notes in advance of the serial bond sale.
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Takes effect immediately upon enactment.
Legislative Description
Authorizes the town of Fishkill to issue serial bonds in an amount not to exceed $6,500,000 for the purpose of liquidating an actual deficit in the general fund and highway fund, if approved by the qualified voters of such town at a referendum.
Last Action
print number 11416b
6/30/2010