59.00 – Bids Opened Publicly; Amendments; Awards.
§ 59.00 Bids opened publicly; amendments; awards. * a. All bids shall be opened publicly at the time and place stated in the notice of sale, and not before, and shall be publicly announced. Prior to the time fixed for such public opening of bids, a sealed bid may be amended by a bidder by […]
60.00 – Sale of Notes.
§ 60.00 Sale of notes. a. Notes may be sold at either public or private sale, but they shall not be sold on option or on a deferred payment plan, except as authorized by paragraph a of section 57.00 of this chapter. b. Notes may be sold without limitation as to rate of interest, and […]
60.10 – Sale of Obligations to Certain Banks and Trust Companies Authorized.
§ 60.10. Sale of obligations to certain banks and trust companies authorized. a. The agency selling notes of a municipality, school district or district corporation may sell such notes at private sale to a bank or trust company of which an officer or employee of the municipality, school district or district corporation has an interest […]
61.00 – Execution of Obligations.
§ 61.00 Execution of obligations. a. All obligations, including interim bonds, shall be executed in the name of the municipality, school district or district corporation by the chief fiscal officer unless the finance board shall, by resolution, designate a different officer or officers to execute such obligations. Such execution may be by facsimile signature, in […]
54.80 – Cost of Sales; City of Lackawanna.
§ 54.80 Cost of sales; city of Lackawanna. To facilitate the marketing of any issue of serial bonds of the city of Lackawanna authorized to be issued pursuant to section two of the chapter of the laws of nineteen hundred ninety which enacted this section, issued for the purposes of complying with a court ordered […]
54.85 – Bonds and Notes of the City of Troy.
§ 54.85. Bonds and notes of the city of Troy. To facilitate the marketing of any issue of serial bonds or notes of the city of Troy issued on or before December thirty-first, nineteen hundred ninety-nine such city may, notwithstanding any limitations on private sales of bonds provided by law, and subject to approval by […]
54.90 – Issuance of Bonds or Notes With Variable Rates of Interest.
§ 54.90 Issuance of bonds or notes with variable rates of interest. a. Whenever in the judgment of the finance board the interest of a municipality would be served thereby, the municipality may issue bonds or notes, on or before July fifteenth, two thousand twenty-four, with interest rates that vary in accordance with a formula […]
55.00 – Bearer and Registered Obligations.
§ 55.00 Bearer and registered obligations. a. The agency prescribing the terms, form and contents of bonds shall provide for the issuance of bonds in either or both of the following forms: 1. Bonds payable to bearer with coupons attached for the payment of interest to bearer, and such bonds may provide for their conversion […]
54.20 – Funding of Capital Expenditures Duly Appropriated in the Capital Budget for the City of New York.
§ 54.20 Funding of capital expenditures duly appropriated in the capital budget for the city of New York. Subject to the provisions of the New York State Financial Emergency Act for The City of New York but notwithstanding any other law to the contrary, to facilitate the funding of capital expenditures duly appropriated in the […]
54.30 – Costs of Sales; Bonds and Notes of the City of Buffalo.
§ 54.30 Costs of sales; bonds and notes of the city of Buffalo. Subject to the provisions of chapter one hundred twenty-two of the laws of two thousand three creating the Buffalo fiscal stability authority, to facilitate the marketing of any issue of serial bonds or notes of the city of Buffalo issued on or […]