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NY S06798
Bill
Status
8/2/2021
Primary Sponsor
Neil Breslin
Click for details
AI Summary
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Authorizes Albany County to issue refunding bonds to refund serial bonds issued on April 12, 2018 for improvements to the Albany County nursing home.
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Exempts the county from compliance with savings demonstration requirements under Section 90.10 of the Local Finance Law for the refunding bond issuance.
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Permits refunding bonds to be sold at public or private sale in accordance with Local Finance Law provisions, except as modified by this act.
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Refunding bonds are issued pursuant to six prior bond resolutions adopted between December 2013 and April 2017.
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Takes effect immediately upon enactment.
Legislative Description
Authorizes and legalizes Albany county to issue refund bonds for serial bonds the county issued for the purpose of undertaking certain improvements to the Albany county nursing home.
Last Action
SIGNED CHAP.383
8/2/2021