Sale of bonds and notes of NYC, the refunding of bonds, the down payment for projects financed by bonds, variable rate debt, and interest rate exchange agreements of NYC etc.. (S.5529/A.8616)

State Legislation Resolution requesting the New York State Legislature to pass bills introduced by Senator Kruger, S.5529, and Assembly Members Farrell, Cook, Wright, Bing, Kellner, Powell, Espaillat, et al., A.8616, “AN ACT to amend the local finance law, in relation to the sale of bonds and notes of the city of New York, the refunding of bonds, the down payment for projects financed by bonds, variable rate debt, and interest rate exchange agreements of the city of New York; to amend the New York state financial emergency act for the city of New York, in relation to a pledge and agreement of the state; and to amend chapter 142 of the laws of 2004, amending the local finance law relating to interest rate exchange agreements of the city of New York and refunding bonds of such city, in relation to the effectiveness thereof”.